Primary income balance (credit less debit), Net (credits less debits) in Norway
Norway: Primary income balance (credit less debit), Net (credits less debits) was 22.30 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Norway, 2005–2024
Source: International Monetary Fund.
Analysis
Norway recorded 22.30 billion for primary income balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
That represents a change of up 28.6% on the previous year and up 22.3% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Norway peaked at 22.30 billion in 2024 and was at its lowest, -3.28 billion, in 2008.
That places Norway 8th out of 197 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 3.25 billion | — |
| 2006 | 480.06 million | -85.2% |
| 2007 | -711.56 million | -248.2% |
| 2008 | -3.28 billion | +360.8% |
| 2009 | 2.74 billion | -183.6% |
| 2010 | 4.86 billion | +77.2% |
| 2011 | 5.24 billion | +7.8% |
| 2012 | 4.26 billion | -18.7% |
| 2013 | 5.38 billion | +26.3% |
| 2014 | 18.22 billion | +238.8% |
| 2015 | 16.10 billion | -11.6% |
| 2016 | 15.71 billion | -2.4% |
| 2017 | 14.53 billion | -7.5% |
| 2018 | 16.57 billion | +14.0% |
| 2019 | 12.55 billion | -24.3% |
| 2020 | 15.34 billion | +22.3% |
| 2021 | 8.86 billion | -42.2% |
| 2022 | 14.20 billion | +60.3% |
| 2023 | 17.34 billion | +22.1% |
| 2024 | 22.30 billion | +28.6% |
Norway compared with similar countries
- Norway's 22.30 billion is above the median for high income countries, which is -896.13 million. (72 countries reporting)
- Norway's 22.30 billion is above the median for Europe & Central Asia, which is -972.80 million. (50 countries reporting)
Biggest year-on-year movements
Years where Primary income balance (credit less debit), Net (credits less debits) in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -360.8% | -711.56 million | -3.28 billion |
| 2007 | -248.2% | 480.06 million | -711.56 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 496.89 million | -3.28 billion | 3.25 billion | 5 |
| 2010s | 11.34 billion | 4.26 billion | 18.22 billion | 10 |
| 2020s | 15.61 billion | 8.86 billion | 22.30 billion | 5 |
Countries ranked near Norway
More financial sector data for Norway
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 242.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 176.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 242.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Norway?
- Primary income balance (credit less debit), net (credits less debits) in Norway was 22.30 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Norway?
- The highest recorded value was 22.30 billion in 2024.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Norway?
- The lowest recorded value was -3.28 billion in 2008.
- How does Norway rank for primary income balance (credit less debit), net (credits less debits)?
- Norway ranks 8th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Norway?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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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.