Norway vs Singapore: Current account balance
Current account balance over time
- Norway
- Singapore
How they compare
Singapore currently reports 100.93 billion BoP, current US$ against 74.13 billion BoP, current US$ in Norway, a difference of 26.79 billion BoP, current US$.
That makes Singapore's figure about 1.4 times Norway's.
The two have swapped places 10 times across 51 shared years of data; in 1975 it was Singapore ahead.
Globally, Norway ranks 8th and Singapore ranks 7th of 199 countries.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.