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Foreign Trade In Services (As % of GDP) fell 14.4% to 16.9% in Norway in 2021

Foreign Trade In Services (As % of GDP) (%), 2021
Economy | Norway | February 1, 2023
$2.99
Excel Sheet

Foreign trade in services as a share of GDP fell 14.4% to 16.9% in Norway in 2021, according to the National Statistical Office.

Historically, foreign trade in services as a share of GDP in Norway reached an all time high of 25.2% in 1981 and an all time low of 16.9% in 2021. When compared to Norway's main peers, foreign trade in services as a share of GDP in Denmark amounted to 43.7%, 23.3% in Finland, 26.0% in Iceland and 25.2% in Sweden in 2021.

Norway has been ranked 68th within the group of 139 countries we follow in terms of foreign trade in services as a share of GDP, 1 place above the position seen 10 years ago.

Foreign Trade In Services (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Australia % 8.78% 10.00% 10.1% 10.0% 10.3%
Denmark % 40.5% 39.3% 40.7% 43.7% 46.2%
Finland % 22.1% 22.4% 23.2% 24.4% 26.4%
Germany % 17.3% 17.6% 18.2% 18.4% 18.8%
Iceland % 41.0% 41.4% 40.6% 40.7% 37.2%
Indonesia % 6.17% 5.77% 5.71% 6.61% 6.34%
Netherlands % 46.0% 39.3% 41.0% 42.7% 42.1%
New Zealand % 15.3% 15.2% 15.2% 15.7% 15.8%
Norway % 23.0% 24.4% 22.7% 21.9% 23.6%
Papua New Guinea % 6.83% 5.76% 8.33% 8.37% ... ... ...
Russia % 10.3% 9.81% 9.30% 9.62% 9.48%
Sweden % 26.3% 25.7% 25.9% 26.2% 28.6%
United Kingdom % 21.2% 22.5% 23.7% 24.9% 25.0%