Current account and capital flows · Norway

Norway Current Account

The Norway Current Account measures money flowing between Norway and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

Importance
Low
Publié
Quarterly
Prochaine publication
Devise
NOK · Norwegian krone
Banque centrale
Norges Bank
Influence
EURNOK · GBPNOK · USDNOK

Derniers chiffres

La dernière publication, pour Q2, est parue le 2026-09-02 et s’est établie à NOK279B.

PubliéPourRéelConsensusPrécédent
2 Sep 2026Q2NOK279B–NOK248.2B ®
3 Jun 2026Q1NOK266.8B–NOK150B ®
4 Mar 2026Q4NOK153.1B–NOK177.4B ®
10 Dec 2025Q3NOK174.5B–NOK179.3B ®
4 Sep 2025Q2NOK217.9B–NOK285.3B ®
4 Jun 2025Q1NOK286.5B–NOK203.7B ®
5 Mar 2025Q4NOK211.2B–NOK208.4B ®

Voir dans le calendrier économique →

Pourquoi c’est important

A current-account deficit must be financed by foreign capital, which makes a currency vulnerable when investors turn cautious; a surplus country lends to the world. Capital-flow data show whether foreigners are buying the country's bonds and shares. Tourism and remittances are large sources of foreign currency for some economies.

Mode de calcul

The balance of payments records every transaction with non-residents: goods, services, income, transfers (current account) and investment (financial account); the two mirror each other.

Current account = trade balance + primary income + secondary income
Current account + capital account + financial account ≈ 0

Ce que signifient les variations

  • A deficit above about 4–5% of GDP is often seen as a risk for emerging-market currencies.
  • Large foreign purchases of local bonds support the currency.

Supérieur aux attentes : A larger surplus or stronger inflows than expected tend to support the Norwegian krone.

Inférieur aux attentes : A larger deficit or weaker inflows than expected tend to weigh on the Norwegian krone.

Un bref historique

Balance-of-payments accounting was standardised by the International Monetary Fund after 1945; current-account crises shaped events from the 1990s emerging-market crises to the euro debt crisis.

Questions

What is the Norway Current Account?

The Norway Current Account measures money flowing between Norway and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

What was the latest Norway Current Account?

NOK279B for Q2, published on 2 September 2026.

When is the next Norway Current Account?

On Wednesday 2 December 2026 at 07:00 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.