Norway vs Russian Federation: Current account balance (credit less debit), Net (credits less debits)
Norway
71.65 billion
in 2024
Russian Federation
63.36 billion
in 2024
Norway rank
10th
Russian Federation rank
11th
Current account balance (credit less debit), Net (credits less debits) over time
- Norway
- Russian Federation
How they compare
Norway currently reports 71.65 billion against 63.36 billion in Russian Federation, a difference of 8.28 billion.
That makes Norway's figure about 1.1 times Russian Federation's.
The two have swapped places 3 times across 20 shared years of data; in 2005 it was Russian Federation ahead.
Norway ranks 10th and Russian Federation ranks 11th of 198 countries.
Russian Federation has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Norway | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 54.74 billion | 80.64 billion | 25.90 billion | Russian Federation |
| 2010s | 40.30 billion | 63.27 billion | 22.97 billion | Russian Federation |
| 2020s | 81.03 billion | 102.16 billion | 21.13 billion | Russian Federation |
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), Norway or Russian Federation?
- Norway, at 71.65 billion against 63.36 billion in Russian Federation as of 2024.
- What is the difference in current account balance (credit less debit), net (credits less debits) between Norway and Russian Federation?
- 8.28 billion, with Norway ahead.
- How many years of comparable data are there for Norway and Russian Federation?
- 20 years are reported by both, from 2005 to 2024.
- How do Norway and Russian Federation rank globally for current account balance (credit less debit), net (credits less debits)?
- Norway ranks 10th and Russian Federation ranks 11th 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.