Mnemonic | TAB.INOR | |
---|---|---|
Unit | Mil. NOK, NSA | |
Adjustments | Not Seasonally Adjusted | |
Quarterly | 21.84 % | |
Data | 2023 Q4 | 235,311 |
2023 Q3 | 193,131 |
Source | Statistics Norway |
Release | International accounts [BOP, IIP] |
Frequency | Quarterly |
Start Date | 3/31/1981 |
End Date | 12/31/2023 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Balance of Goods | Feb 2024 | 51,796,059 | 65,264,413 | Ths. NOK, NSA | Monthly |
Exports of Goods | Feb 2024 | 129,608,174 | 146,836,794 | Ths. NOK, NSA | Monthly |
Imports of Goods | Feb 2024 | 77,812,115 | 81,572,381 | Ths. NOK, NSA | Monthly |
Current Account Balance | 2023 Q4 | 235,311 | 193,131 | Mil. NOK, NSA | Quarterly |
Exports of Goods and Services | 2023 Q4 | 575,793 | 521,483 | Mil. NOK, CDASA | Quarterly |
Imports of Goods and Services | 2023 Q4 | 417,381 | 409,341 | Mil. NOK, CDASA | Quarterly |
Net Exports | 2023 Q4 | 158,412 | 112,142 | Mil. NOK, CDASA | Quarterly |
Real Exports of Goods and Services | 2023 Q4 | 503,874 | 487,874 | Mil. 2021 NOK, CDASA | Quarterly |
Real Imports of Goods and Services | 2023 Q4 | 339,224 | 341,761 | Mil. 2021 NOK, CDASA | Quarterly |
Real Net Exports | 2023 Q4 | 164,650 | 146,113 | Mil. 2021 NOK, CDASA | Quarterly |
For Norway, the Balance of Payments statistics describe economic transactions between residents 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 international investment position (IIP) covers the stock of external financial assets and liabilities. A direct investment is defined as an investor who owns 20 percent or more of the ordinary shares or voting power in a foreign enterprise; this follows Nowegian accounting standards.
Gross external debt is (per BPM6) the outstanding amount of those actual current, and not contingent, liabilities that require payment of principal and/or interest by the debtor in the future and that are owed to nonresidents by residents of an economy.
Active:
Predecessors:
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:
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.
At the source:
At IMF (SDDS):