South Korea vs Norway: Current account balance (credit less debit), Net (credits less debits)
South Korea
99.04 billion
in 2024
Norway
71.65 billion
in 2024
South Korea rank
7th
Norway rank
10th
Current account balance (credit less debit), Net (credits less debits) over time
- South Korea
- Norway
How they compare
South Korea currently reports 99.04 billion against 71.65 billion in Norway, a difference of 27.40 billion.
That makes South Korea's figure about 1.4 times Norway's.
The two have swapped places 3 times across 20 shared years of data; in 2005 it was Norway ahead.
South Korea ranks 7th and Norway ranks 10th of 198 countries.
Across the 3 decades both report, South Korea averaged higher in 1 and Norway in 2.
Head to head by decade
| Decade | South Korea | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.92 billion | 54.74 billion | 42.82 billion | Norway |
| 2010s | 66.91 billion | 40.30 billion | 26.61 billion | South Korea |
| 2020s | 63.76 billion | 81.03 billion | 17.27 billion | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), net (credits less debits), South Korea or Norway?
- South Korea, at 99.04 billion against 71.65 billion in Norway as of 2024.
- What is the difference in current account balance (credit less debit), net (credits less debits) between South Korea and Norway?
- 27.40 billion, with South Korea ahead.
- How many years of comparable data are there for South Korea and Norway?
- 20 years are reported by both, from 2005 to 2024.
- How do South Korea and Norway rank globally for current account balance (credit less debit), net (credits less debits)?
- South Korea ranks 7th and Norway ranks 10th of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.