Norwegian Krone
The currency of Norway is the krone (NOK).
Norway is a major exporter of energy. Its balance of trade has historically been steady and positive. It jumped higher since Covid-19 and has since returned closer to historical levels.
Norway has the fourth highest GDP per capita1 in the world.
| GDP2 | $579 Billion USD |
| Major Exports3 | Gas, crude oil, fish |
| Major Export Partners3 | UK, Germany, Sweden |
| Budget Deficit4 | 9.1% |
| Trade Flows5 | 1.3 trillion NOK |
1. https://tradingeconomics.com/country-list/gdp-per-capita?continent=world
2. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
4. https://tradingeconomics.com/country-list/government-budget?continent=world
5. https://tradingeconomics.com/country-list/balance-of-trade
6. https://countryeconomy.com/surplus
7. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?most_recent_value_desc=true
8. https://tradingeconomics.com/new-zealand/labor-force-participation-rate
9. https://tradingeconomics.com/country-list/interest-rate?continent=world
The Benefits of the Norwegian Krone
12th highest household debt8
Fifth lowest central bank interest rate9
How to Buy the Norwegian Krone
Currency CD
Most Popular
Term
3-month
6-month
9-month
1-year
Currency Deposit Account
$2,500 minimum initial trade per currency. After initial trade, no minimum trade amount required.
Balance Range
All Balances
Available Currencies
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Norwegian Krone
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