Norway vs Sub-Saharan Africa (SSA): Current account balance (credit less debit), Net (credits less debits)
Norway
71.65 billion
in 2024
Sub-Saharan Africa (SSA)
-21.78 billion
in 2024
Norway rank
10th
Sub-Saharan Africa (SSA) rank
8th
Current account balance (credit less debit), Net (credits less debits) over time
- Norway
- Sub-Saharan Africa (SSA)
How they compare
Norway currently reports 71.65 billion against -21.78 billion in Sub-Saharan Africa (SSA), a difference of 93.42 billion.
That makes Norway's figure about 3.3 times Sub-Saharan Africa (SSA)'s.
Across all 20 years both countries report, Norway has been ahead every year.
Norway ranks 10th and Sub-Saharan Africa (SSA) ranks 8th of 198 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Norway | Sub-Saharan Africa (SSA) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 54.74 billion | 9.85 billion | 44.89 billion | Norway |
| 2010s | 40.30 billion | -41.75 billion | 82.06 billion | Norway |
| 2020s | 81.03 billion | -30.38 billion | 111.42 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), Norway or Sub-Saharan Africa (SSA)?
- Norway, at 71.65 billion against -21.78 billion in Sub-Saharan Africa (SSA) as of 2024.
- What is the difference in current account balance (credit less debit), net (credits less debits) between Norway and Sub-Saharan Africa (SSA)?
- 93.42 billion, with Norway ahead.
- How many years of comparable data are there for Norway and Sub-Saharan Africa (SSA)?
- 20 years are reported by both, from 2005 to 2024.
- How do Norway and Sub-Saharan Africa (SSA) rank globally for current account balance (credit less debit), net (credits less debits)?
- Norway ranks 10th and Sub-Saharan Africa (SSA) 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.