Total current account credit/revenue, Credit/Revenue in Norway
Norway: Total current account credit/revenue, Credit/Revenue was 302.25 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Norway, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account credit/revenue, credit/revenue in Norway is 302.25 billion, measured in 2024.
Compared with earlier readings it is down 1.8% on the previous year and up 21.8% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Norway peaked at 391.42 billion in 2022 and was at its lowest, 157.25 billion, in 2020.
Norway ranks 33rd of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 162.80 billion | — |
| 2006 | 187.26 billion | +15.0% |
| 2007 | 219.46 billion | +17.2% |
| 2008 | 261.76 billion | +19.3% |
| 2009 | 182.73 billion | -30.2% |
| 2010 | 208.93 billion | +14.3% |
| 2011 | 248.74 billion | +19.1% |
| 2012 | 253.12 billion | +1.8% |
| 2013 | 250.29 billion | -1.1% |
| 2014 | 248.11 billion | -0.9% |
| 2015 | 191.82 billion | -22.7% |
| 2016 | 174.28 billion | -9.1% |
| 2017 | 191.89 billion | +10.1% |
| 2018 | 220.23 billion | +14.8% |
| 2019 | 195.31 billion | -11.3% |
| 2020 | 157.25 billion | -19.5% |
| 2021 | 270.31 billion | +71.9% |
| 2022 | 391.42 billion | +44.8% |
| 2023 | 307.74 billion | -21.4% |
| 2024 | 302.25 billion | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 202.80 billion | 162.80 billion | 261.76 billion | 5 |
| 2010s | 218.27 billion | 174.28 billion | 253.12 billion | 10 |
| 2020s | 285.79 billion | 157.25 billion | 391.42 billion | 5 |
Countries ranked near Norway
More financial sector data for Norway
- Net domestic credit (current LCU), per capita 1.08 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 12.01 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 3.18 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 55.94 billion SDR (2025)
- Reserves excluding gold 62.43 billion SDR (2025)
- Total reserves (gold at market value) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 11,126 SDR per person (2025)
Frequently asked questions
- What is total current account credit/revenue, credit/revenue in Norway?
- Total current account credit/revenue, credit/revenue in Norway was 302.25 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Norway?
- The highest recorded value was 391.42 billion in 2022.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Norway?
- The lowest recorded value was 157.25 billion in 2020.
- How does Norway rank for total current account credit/revenue, credit/revenue?
- Norway ranks 33rd out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Norway?
- Over the last ten years it is up 21.8%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Total current account credit/revenue, Credit/Revenue (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.