Norway Current Account Balance 2031: Interactive Chart & Historical Data

Latest value: 11.2 % of GDP (2031-01-01)

Current Account Balance (measured in % of GDP) is a fundamental measure of economic output and living standards in Norway. It captures the total value of goods and services produced, serving as the primary benchmark for economic growth, productivity, and international competitiveness. Governments and international organizations use GDP indicators to formulate fiscal policy, allocate resources, and compare economic performance across nations. In Norway, Current Account Balance reflects structural economic changes, demographic shifts, and integration into global markets. Analysts examine GDP trends to forecast business cycles, identify recession risks, and evaluate the effectiveness of economic stimulus programs. The most recent data point shows 11.2 % of GDP as of 2031-01-01. This dataset spans 1980–2031, covering 52 annual observations. Data is sourced from IMF and updated regularly on EconDash. Use EconDash's interactive chart to explore GDP trends over time, switch between chart types, and compare Norway's performance with other economies worldwide.