Net secondary income (Net current transfers from abroad) in Norway

Norway: Net secondary income (Net current transfers from abroad) was -56.92 billion current LCU in 2022. ◆ Volatile

Latest (2022)
-56.92 billion current LCU
Change on year
up 15.9%
World rank
189th
of 202 countries
All-time high
-10.96 billion current LCU
in 1997
All-time low
-67.67 billion current LCU
in 2021
Years of data
28
1995–2022

Net secondary income (Net current transfers from abroad) in Norway, 1995–2022

-60.0B-40.0B-20.0B1995200820221995: -14.4B current LCU1996: -11.0B current LCU1997: -11.0B current LCU1998: -12.8B current LCU1999: -12.9B current LCU2000: -12.9B current LCU2001: -16.2B current LCU2002: -19.1B current LCU2003: -22.2B current LCU2004: -18.9B current LCU2005: -20.4B current LCU2006: -18.6B current LCU2007: -24.7B current LCU2008: -26.3B current LCU2009: -32.4B current LCU2010: -37.2B current LCU2011: -38.6B current LCU2012: -38.2B current LCU2013: -45.1B current LCU2014: -47.3B current LCU2015: -53.5B current LCU2016: -54.2B current LCU2017: -50.7B current LCU2018: -49.0B current LCU2019: -52.8B current LCU2020: -66.9B current LCU2021: -67.7B current LCU2022: -56.9B current LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

Norway recorded -56.92 billion current LCU for net secondary income (net current transfers from abroad) in 2022.

That represents a change of up 15.9% on the previous year and down 49.1% over ten years.

Over the whole period, net secondary income (net current transfers from abroad) in Norway peaked at -10.96 billion current LCU in 1997 and was at its lowest, -67.67 billion current LCU, in 2021.

That places Norway 189th out of 202 countries with data for 2022, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -12.42 billion current LCU -14.38 billion current LCU -10.96 billion current LCU 5
2000s -21.17 billion current LCU -32.38 billion current LCU -12.90 billion current LCU 10
2010s -46.66 billion current LCU -54.17 billion current LCU -37.20 billion current LCU 10
2020s -63.85 billion current LCU -67.67 billion current LCU -56.92 billion current LCU 3

Countries ranked near Norway

  1. 186 France -49.83 billion current LCU compare
  2. 187 Iceland -52.84 billion current LCU compare
  3. 188 Mauritius -53.60 billion current LCU compare
  4. 190 Germany -57.62 billion current LCU compare
  5. 191 Czechia -80.03 billion current LCU compare
  6. 192 Kazakhstan -87.74 billion current LCU compare

See the full ranking of 202 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is net secondary income (net current transfers from abroad) in Norway?
Net secondary income (net current transfers from abroad) in Norway was -56.92 billion current LCU in 2022, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest net secondary income (net current transfers from abroad) recorded in Norway?
The highest recorded value was -10.96 billion current LCU in 1997.
What is the lowest net secondary income (net current transfers from abroad) recorded in Norway?
The lowest recorded value was -67.67 billion current LCU in 2021.
How does Norway rank for net secondary income (net current transfers from abroad)?
Norway ranks 189th out of 202 countries with data for 2022.
Is net secondary income (net current transfers from abroad) rising or falling in Norway?
Over the last ten years it is down 49.1%. The long-run trend across the full record is volatile.
Where does this Norway data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net secondary income (Net current transfers from abroad) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,149 data points, 1960–2025
Last refreshed

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.