Current Account in Norway

Statistics Norway · Quarterly · Importance

279.012 (Q2-26) ABS · NOK bn · Quarterly · CSV

Period	NOK bn
Apr 2026	279.012
Jan 2026	248.170
Oct 2025	149.981
Jul 2025	178.072
Apr 2025	184.967
Jan 2025	271.103
Oct 2024	150.113
Jul 2024	197.482
Apr 2024	220.395
Jan 2024	239.300
Oct 2023	233.254
Jul 2023	205.299
Apr 2023	176.200
Jan 2023	293.253
Oct 2022	290.260
Jul 2022	614.390
Apr 2022	345.348
Jan 2022	401.761
Oct 2021	287.426
Jul 2021	162.638
Apr 2021	99.210
Jan 2021	97.389
Oct 2020	9.669
Jul 2020	13.911
Apr 2020	-18.505
Jan 2020	59.353
Oct 2019	16.802
Jul 2019	17.892
Apr 2019	31.448
Jan 2019	69.795
Oct 2018	49.454
Jul 2018	96.435
Apr 2018	79.106
Jan 2018	92.142
Oct 2017	23.066
Jul 2017	36.509
Apr 2017	55.129
Jan 2017	72.207
Oct 2016	58.129
Jul 2016	27.921
Apr 2016	31.394
Jan 2016	53.140
Oct 2015	61.677
Jul 2015	67.813
Apr 2015	73.582
Jan 2015	93.233
Oct 2014	105.064
Jul 2014	70.013
Apr 2014	76.226
Jan 2014	129.393
Oct 2013	109.389
Jul 2013	80.833
Apr 2013	76.458
Jan 2013	90.553
Oct 2012	110.266
Jul 2012	95.631
Apr 2012	78.383
Jan 2012	134.444
Oct 2011	110.730
Jul 2011	92.654

Period	NOK bn
Oct 1999	11.479
Jul 1999	12.557
Apr 1999	6.613
Jan 1999	12.526
Oct 1998	-6.186
Jul 1998	-3.335
Apr 1998	-9.326
Jan 1998	-3.568
Oct 1997	-4.829
Jul 1997	2.964
Apr 1997	-8.420
Jan 1997	6.154
Oct 1996	-1.200
Jul 1996	4.250
Apr 1996	-5.873
Jan 1996	13.316
Oct 1995	-4.658
Jul 1995	6.607
Apr 1995	-5.009
Jan 1995	3.114
Oct 1994	-1.599
Jul 1994	2.758
Apr 1994	-0.275
Jan 1994	5.241
Oct 1993	-8.514
Jul 1993	-1.246
Apr 1993	5.319
Jan 1993	-1.521
Oct 1992	-5.919
Jul 1992	7.939
Apr 1992	-0.051
Jan 1992	2.058
Oct 1991	-8.650
Jul 1991	2.572
Apr 1991	2.344
Jan 1991	-5.123
Oct 1990	2.367
Jul 1990	11.307
Apr 1990	-2.851
Jan 1990	4.947
Oct 1989	-6.950
Jul 1989	1.589
Apr 1989	-0.072
Jan 1989	7.667
Oct 1988	-0.522
Jul 1988	1.755
Apr 1988	-3.400
Jan 1988	2.990
Oct 1987	1.891
Jul 1987	-2.950
Apr 1987	-1.762
Jan 1987	-0.854
Oct 1986	6.533
Jul 1986	5.365
Apr 1986	-12.650
Jan 1986	-8.105
Oct 1985	-2.593
Jul 1985	0.107
Apr 1985	-0.309
Jan 1985	0.973

Period	NOK bn
Oct 1999	43.175
Jul 1999	25.510
Apr 1999	9.618
Jan 1999	-6.321
Oct 1998	-22.415
Jul 1998	-21.058
Apr 1998	-14.759
Jan 1998	-13.853
Oct 1997	-4.131
Jul 1997	-0.502
Apr 1997	0.784
Jan 1997	3.331
Oct 1996	10.493
Jul 1996	7.035
Apr 1996	9.392
Jan 1996	10.256
Oct 1995	0.054
Jul 1995	3.113
Apr 1995	-0.736
Jan 1995	3.998
Oct 1994	6.125
Jul 1994	-0.790
Apr 1994	-4.794
Jan 1994	0.800
Oct 1993	-5.962
Jul 1993	-3.367
Apr 1993	5.818
Jan 1993	0.448
Oct 1992	4.027
Jul 1992	1.296
Apr 1992	-4.071
Jan 1992	-1.676
Oct 1991	-8.857
Jul 1991	2.160
Apr 1991	10.895
Jan 1991	5.700
Oct 1990	15.770
Jul 1990	6.453
Apr 1990	-3.265
Jan 1990	-0.486
Oct 1989	2.234
Jul 1989	8.662
Apr 1989	8.828
Jan 1989	5.500
Oct 1988	0.823
Jul 1988	3.236
Apr 1988	-1.469
Jan 1988	0.169
Oct 1987	-3.675
Jul 1987	0.967
Apr 1987	9.282
Jan 1987	-1.606
Oct 1986	-8.857
Jul 1986	-17.983
Apr 1986	-23.241
Jan 1986	-10.900
Oct 1985	-1.822
Jul 1985	-0.132
Apr 1985	0.883
Jan 1985	0.082

About this indicator

Source

Statistics Norway

Frequency

Quarterly

Release

About 60 days after the reference quarter ends.

What it is

The balance of Norway's current account: it captures trade in goods and services (including oil and gas), primary income and current transfers vis-à-vis the rest of the world. It is compiled by Statistics Norway, in billions of Norwegian kroner (NOK).

How it's calculated

It is built from Statistics Norway's external sector accounts (utenriksregnskap), following the IMF methodology (BPM6). It is released as quarterly levels, in billions of kroner. The balance equals the country's net lending to the rest of the world.

Market implications

Norway typically runs a very large surplus driven by its oil and gas exports; its trend mainly reflects energy prices and export volumes. A strong surplus feeds the sovereign wealth fund and underpins the Norwegian krone (NOK).

Limitations

Highly sensitive to international oil and gas prices, which brings strong quarterly volatility. It is subject to revision in later releases as external sector information is completed.