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

Norway: Net secondary income (Net current transfers from abroad) was -5.92 billion current US$ in 2022. ▼ Falling

Latest (2022)
-5.92 billion current US$
Change on year
up 24.8%
World rank
184th
of 202 countries
All-time high
-1.47 billion current US$
in 2000
All-time low
-7.88 billion current US$
in 2021
Years of data
28
1995–2022

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

-8.0B-6.0B-4.0B-2.0B1995200820221995: -2.3B current US$1996: -1.7B current US$1997: -1.5B current US$1998: -1.7B current US$1999: -1.7B current US$2000: -1.5B current US$2001: -1.8B current US$2002: -2.4B current US$2003: -3.1B current US$2004: -2.8B current US$2005: -3.2B current US$2006: -2.9B current US$2007: -4.2B current US$2008: -4.7B current US$2009: -5.1B current US$2010: -6.2B current US$2011: -6.9B current US$2012: -6.6B current US$2013: -7.7B current US$2014: -7.5B current US$2015: -6.6B current US$2016: -6.4B current US$2017: -6.1B current US$2018: -6.0B current US$2019: -6.0B current US$2020: -7.1B current US$2021: -7.9B current US$2022: -5.9B current US$

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

Analysis

In 2022, net secondary income (net current transfers from abroad) in Norway stood at -5.92 billion current US$.

Compared with earlier readings it is up 24.8% on the previous year and up 9.8% over ten years.

Over the whole period, net secondary income (net current transfers from abroad) in Norway peaked at -1.47 billion current US$ in 2000 and was at its lowest, -7.88 billion current US$, in 2021.

Norway ranks 184th of 202 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.78 billion current US$ -2.27 billion current US$ -1.55 billion current US$ 5
2000s -3.17 billion current US$ -5.15 billion current US$ -1.47 billion current US$ 10
2010s -6.60 billion current US$ -7.68 billion current US$ -6.00 billion current US$ 10
2020s -6.97 billion current US$ -7.88 billion current US$ -5.92 billion current US$ 3

Countries ranked near Norway

  1. 181 Ireland -4.66 billion current US$ compare
  2. 182 South Korea -4.87 billion current US$ compare
  3. 183 Denmark -5.69 billion current US$ compare
  4. 185 Russia -7.53 billion current US$ compare
  5. 186 Oman -9.29 billion current US$ compare
  6. 187 Singapore -10.79 billion current US$ 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 -5.92 billion current US$ 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 -1.47 billion current US$ in 2000.
What is the lowest net secondary income (net current transfers from abroad) recorded in Norway?
The lowest recorded value was -7.88 billion current US$ in 2021.
How does Norway rank for net secondary income (net current transfers from abroad)?
Norway ranks 184th 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 up 9.8%. The long-run trend across the full record is falling.
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 US$). 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 US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,133 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 indicator is expressed in United States dollars.