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% |