Current account balance in the Nordic countries 2013-2023, by country

Published by
Einar H. Dyvik,
Nov 1, 2023
Most notable about the account balance in the Nordic countries is the rapid increase in Norway since 2020, rising from 1.1 percent in 2020 to over 30 percent in 2022. The account balance of the other four countries was more stable, with Finland and Iceland both having a negative balance in 2022 and 2023.

Current account balance in the Nordic countries from 2013 to 2023, by country (in percent of GDP)

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Source

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Release date

October 2023

Region

Denmark, Finland, Iceland, Norway, Sweden

Survey time period

2013 to 2023

Special properties

Percent of GDP

Supplementary notes

The source adds the following information: The current account is the record of all transactions in the balance of payments covering the exports and imports of goods and services, payments of income, and current transfers between residents of a country and nonresidents.

*Estimates.

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