Australia vs Norway: Goods balance (credit less debit), Net (credits less debits)
Australia
44.25 billion
in 2024
Norway
64.54 billion
in 2024
Australia rank
15th
Norway rank
12th
Goods balance (credit less debit), Net (credits less debits) over time
- Australia
- Norway
How they compare
Norway currently reports 64.54 billion against 44.25 billion in Australia, a difference of 20.29 billion.
That makes Norway's figure about 1.5 times Australia's.
The two have swapped places 4 times across 20 shared years of data; in 2005 it was Norway ahead.
Australia ranks 15th and Norway ranks 12th of 198 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -12.53 billion | 59.55 billion | 72.08 billion | Norway |
| 2010s | 8.95 billion | 42.94 billion | 33.99 billion | Norway |
| 2020s | 73.21 billion | 78.23 billion | 5.02 billion | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods balance (credit less debit), net (credits less debits), Australia or Norway?
- Norway, at 64.54 billion against 44.25 billion in Australia as of 2024.
- What is the difference in goods balance (credit less debit), net (credits less debits) between Australia and Norway?
- 20.29 billion, with Norway ahead.
- How many years of comparable data are there for Australia and Norway?
- 20 years are reported by both, from 2005 to 2024.
- How do Australia and Norway rank globally for goods balance (credit less debit), net (credits less debits)?
- Australia ranks 15th and Norway ranks 12th of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Goods 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.