Current Account Balance (Percentage of GDP) - Norway



Current Account Balance (Percentage of GDP) of Norway
Value & RankThe Current Account Balance (Percentage of GDP) of Norway is 14.5 (% of GDP) with a global rank of 10.
Norway compared to other CountriesThe Current Account Balance (Percentage of GDP) of Norway is similar to that of Libya, Gabon, Saudi Arabia, Azerbaijan, Singapore, Bermuda, Iraq, Trinidad and Tobago, Angola, Oman with a respective Current Account Balance (Percentage of GDP) of 29.1, 22.9, 22.4, 21.8, 17.9, 14.1, 13.7, 12.2, 12.0, 10.6 (% of GDP) and a global rank of 5, 6, 7, 8, 9, 11, 12, 13, 14, 15.Last 5 years averageNorway had an average Current Account Balance (Percentage of GDP) of 13.4 (% of GDP) in the last 5 years from (2007 to 2012).
Norway during the Great RecessionNorway's Current Account Balance (Percentage of GDP) had a negative growth (decline) of 27.5% during the Great RecessionNorway since the end of the Great RecessionNorway's Current Account Balance (Percentage of GDP) had a positive growth of 21.8% since the end of the Great Recession
YearCurrent Account Balance (Percentage of GDP) (% of GDP) - Norway
200516.4
200616.4
200712.6
200816.1
200911.9
201011.9
201113.5
201214.5
Current Account Balance (Percentage of GDP) of Norway
Country NameGlobal RankCurrent Account Balance (Percentage of GDP) (% of GDP)
Libya529.1
Gabon622.9
Saudi Arabia722.4
Azerbaijan821.8
Singapore917.9
Norway1014.5
Bermuda1114.1
Iraq1213.7
Trinidad and Tobago1312.2
Angola1412.0
Oman1510.6
click on the following link or the worldmap below to view a complete list of countries by Current Account Balance (Percentage of GDP)
list of countries by Current Account Balance (Percentage of GDP)
Datasource: Workbank - World Development Indicators