Norway - Current Account Balance

Norway: Current Account Balance

Mnemonic TAB.INOR
Unit Mil. NOK, NSA
Adjustments Not Seasonally Adjusted
Quarterly 72.66 %
Data 2021 Q4 269,482
2021 Q3 156,081

Series Information

Source Statistics Norway
Release Balance of Payments (Q)
Frequency Quarterly
Start Date 3/31/1981
End Date 12/31/2021

Norway: Trade

Reference Last Previous Units Frequency
Balance of Goods Apr 2022 92,566,066 137,436,099 Ths. NOK, NSA Monthly
Exports of Goods Apr 2022 165,558,771 227,392,487 Ths. NOK, NSA Monthly
Imports of Goods Apr 2022 72,992,705 89,956,388 Ths. NOK, NSA Monthly
Exports of Goods and Services 2022 Q1 632,279 575,575 Mil. NOK, CDASA Quarterly
Imports of Goods and Services 2022 Q1 340,567 330,466 Mil. NOK, CDASA Quarterly
Real Exports of Goods and Services 2022 Q1 328,232 340,110 Mil. Ch. 2019 NOK, CDASA Quarterly
Real Imports of Goods and Services 2022 Q1 292,526 292,033 Mil. Ch. 2019 NOK, CDASA Quarterly
Current Account Balance 2021 Q4 269,482 156,081 Mil. NOK, NSA Quarterly
Net Exports 2020 Q3 -12,046 -11,484 Mil. NOK, CDASA Quarterly
Real Net Exports 2019 Q1 -1,224 -611 Mil. Ch. 2016 NOK, CDASA Quarterly

Release Information

The Balance of Payments statistics describe economic transactions between residents of Norway and non-residents. They are an integrated part of the National Accounts using the same principles and definitions, and give an exact mirror image of the sector "Rest of The World" in the National Accounts.

The Norwegian Balance of Payments is presented in accordance with the latest internationally approved guidelines, as specified in the IMF's "Balance of Payments Manual, 6th edition" (BPM6), which uses principles and definitions as per the UN-IMF manual "System of National Accounts 2008" (SNA 2008), and the EU's manual "European System of Accounts 2010" (ESA 2010).

The Balance of Payments consists of three main parts:

  • Current account - shows current transactions with the rest of the world: exports and imports of goods and services, compensation of employees, investment income and expenditure, current transfers.
  • Capital account - shows capital transactions
  • Financial account - records investment transactions in the form of purchases and sales of financial instruments.

Revised annual data are published about 11 months after the accounting year, and final annual data about 23 months after. Quarterly data are subsequently reconciled with the final annual data.