{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"no-trade-balance-gdp","url":"https://apiardata.com/statistics/no-trade-balance-gdp","html_url":"https://apiardata.com/statistics/no-trade-balance-gdp/","title":"Norway Trade Balance — Goods & Services (% of GDP) (2025)","description":"Norway's Trade Balance — Goods & Services (% of GDP): 11.8 % of GDP (current prices) in 2025, -1.4pp YoY. Eurostat (NAMA_10_GDP), 2000–2025.","domain":"trade","category":"Trade & Flows","keywords":["Trade & Investment","Eurostat","Norway","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Norway","temporal_coverage":"2000/2025","unit":"% of GDP (current prices)","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2025","variable_measured":"Norway Trade Balance — Goods & Services (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_GDP/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2025"},{"label":"Observations","value":"26"},{"label":"Geography","value":"Norway"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Norway (2025)","value":"11.8","unit":"% of GDP (current prices)","trend":{"direction":"down","value":"-1.4pp YoY"}},{"label":"YoY Change","value":"-1.4pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"26","unit":"years of data"}],"series":[{"key":"value","label":"Norway Trade Balance — Goods & Services (% of GDP)"}],"observation_count":26,"observations":[{"period":"2000","value":16.9},{"period":"2001","value":16.8},{"period":"2002","value":13.3},{"period":"2003","value":12.9},{"period":"2004","value":13.4},{"period":"2005","value":16.2},{"period":"2006","value":17.2},{"period":"2007","value":13.8},{"period":"2008","value":17.5},{"period":"2009","value":12.1},{"period":"2010","value":12},{"period":"2011","value":13.7},{"period":"2012","value":14},{"period":"2013","value":11.6},{"period":"2014","value":10.2},{"period":"2015","value":6.7},{"period":"2016","value":2.8},{"period":"2017","value":4.4},{"period":"2018","value":6.4},{"period":"2019","value":2.5},{"period":"2020","value":-0.7},{"period":"2021","value":14.5},{"period":"2022","value":27.2},{"period":"2023","value":15.4},{"period":"2024","value":13.2},{"period":"2025","value":11.8}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP (current prices)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"11.8","yoyChange":"-1.4pp"},{"year":"2024","value":"13.2","yoyChange":"-2.2pp"},{"year":"2023","value":"15.4","yoyChange":"-11.8pp"},{"year":"2022","value":"27.2","yoyChange":"+12.7pp"},{"year":"2021","value":"14.5","yoyChange":"+15.2pp"},{"year":"2020","value":"-0.7","yoyChange":"-3.2pp"},{"year":"2019","value":"2.5","yoyChange":"-3.9pp"},{"year":"2018","value":"6.4","yoyChange":"+2pp"},{"year":"2017","value":"4.4","yoyChange":"+1.6pp"},{"year":"2016","value":"2.8","yoyChange":"-3.9pp"},{"year":"2015","value":"6.7","yoyChange":"-3.5pp"},{"year":"2014","value":"10.2","yoyChange":"-1.4pp"},{"year":"2013","value":"11.6","yoyChange":"-2.4pp"},{"year":"2012","value":"14.0","yoyChange":"+0.3pp"},{"year":"2011","value":"13.7","yoyChange":"+1.7pp"},{"year":"2010","value":"12.0","yoyChange":"-0.1pp"},{"year":"2009","value":"12.1","yoyChange":"-5.4pp"},{"year":"2008","value":"17.5","yoyChange":"+3.7pp"},{"year":"2007","value":"13.8","yoyChange":"-3.4pp"},{"year":"2006","value":"17.2","yoyChange":"+1pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the external balance of goods and services as a share of GDP in Norway from 2000 to present. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2025 (26 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 27.2 % of GDP (current prices) in 2022 and reached its lowest recorded value of -0.7 in 2020. The latest reading of 11.8 in 2025 represents a change of -1.4pp."}]}