Norway vs Singapore: Current account balance (credit less debit), Net (credits less debits)
Norway
71.65 billion
in 2024
Singapore
96.02 billion
in 2024
Norway rank
10th
Singapore rank
8th
Current account balance (credit less debit), Net (credits less debits) over time
- Norway
- Singapore
How they compare
Singapore currently reports 96.02 billion against 71.65 billion in Norway, a difference of 24.37 billion.
That makes Singapore's figure about 1.3 times Norway's.
The two have swapped places 5 times across 20 shared years of data; in 2005 it was Norway ahead.
Norway ranks 10th and Singapore ranks 8th of 198 countries.
Across the 3 decades both report, Norway averaged higher in 1 and Singapore in 2.
Head to head by decade
| Decade | Norway | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 54.74 billion | 35.97 billion | 18.77 billion | Norway |
| 2010s | 40.30 billion | 57.01 billion | 16.70 billion | Singapore |
| 2020s | 81.03 billion | 85.35 billion | 4.31 billion | Singapore |
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 Singapore?
- Singapore, at 96.02 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 Norway and Singapore?
- 24.37 billion, with Singapore ahead.
- How many years of comparable data are there for Norway and Singapore?
- 20 years are reported by both, from 2005 to 2024.
- How do Norway and Singapore rank globally for current account balance (credit less debit), net (credits less debits)?
- Norway ranks 10th and Singapore ranks 8th 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.