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Statistics on

Cash flows between Norway and abroad

The statistics show Norwegian cross border payments made via Norwegian banks. The source is the tax authority’s currency register. The population includes cross border bank transfers where the Norwegian party is a non-financial enterprise or a private person.

Updated: 16 May 2025
Next update: 18 August 2025

Selected figures from the statistics

  • External settlements between Norway and abroad for non-financial enterprises and private individuals
    External settlements between Norway and abroad for non-financial enterprises and private individuals
    NOK millionChange in per cent
    1st quarter 20254th quarter 2024 - 1st quarter 20251st quarter 2024 - 1st quarter 2025
    Incoming value1 162 888-10.9-3.9
    Outgoing value1 145 861-12.53.3
    Explanation of symbols
  • External settlements for non-financial enterprises and private individuals, by region
    External settlements for non-financial enterprises and private individuals, by region
    1st quarter 2025ShareChange in per cent
    NOK millionPer cent4th quarter 2024 - 1st quarter 20251st quarter 2024 - 1st quarter 2025
    Incoming value
    All countries1 162 888100.0-10.9-3.9
    Nordic countries except Norway399 36834.3-12.0-9.3
    EU countries excl. Nordic countries468 84540.3-2.318.1
    Rest of Europe140 04012.0-18.8-12.4
    Africa3 0060.3-36.945.0
    Asia41 3463.6-12.814.9
    Northern, Central America and the Caribbean101 6298.7-25.9-39.2
    South America, total4 6730.4-7.776.2
    Oceania3 9810.3-17.5-8.1
    Outgoing value
    All countries1 145 861100.0-12.53.3
    Nordic countries except Norway414 55136.2-15.11.0
    EU countries excl. Nordic countries361 49831.5-8.29.6
    Rest of Europe215 47418.8-12.2-4.0
    Africa3 5890.3-18.4-3.9
    Asia50 1434.46.835.1
    Northern, Central America and the Caribbean94 7638.3-23.0-3.0
    South America, total2 1970.2-16.0-7.2
    Oceania3 6460.3-31.3-12.8
    Explanation of symbols
  • External settlements between Norway and abroad for non-financial enterprises, by industry
    External settlements between Norway and abroad for non-financial enterprises, by industry
    1st quarter 2025
    Incoming valueOutgoing value
    NOK millionPer centNOK millionPer cent
    Total1 142 879100.01 125 991100.0
    Agriculture, forestry and fishing21 7101.918 3161.6
    Mining and quarrying345 66230.2183 94916.3
    Manufacturing194 98417.1201 29617.9
    Electricity, gas and steam152 56813.3169 48215.1
    Water supply, sewerage, waste2 8390.21 6970.2
    Construction8 8320.89 9400.9
    Wholesale and retail trade: repair of motor vehicles and motorcycles159 00813.9206 72818.4
    Transportation and storage81 9597.274 9836.7
    Accommodation and food service activities4 2990.45 3780.5
    Information and communication76 0686.7127 12111.3
    Real estate activities9 5680.88 4060.7
    Professional, scientific and technical activities45 6084.042 2583.8
    Administrative and support service activities18 9731.738 4253.4
    Public administration and defence7 8040.720 9861.9
    Education1 3720.11 6100.1
    Human health and social work activities4 0620.47 4930.7
    Arts, entertainment and recreation3 0210.32 2090.2
    Other service activities1 3600.11 9000.2
    Activities of extraterritorial organisations and bodies2750.0790.0
    Unknown industry2 9070.33 7350.3
    Explanation of symbols
  • Difference between incoming versus outgoing settlements in the last 5 quarters. Per cent
    Difference between incoming versus outgoing settlements in the last 5 quarters. Per cent
    1st quarter 20242nd quarter 20243rd quarter 20244th quarter 20241st quarter 2025
    All countries9.014.68.8-0.31.5
    Nordic countries except Norway7.317.215.4-7.0-3.7
    EU countries excl. Nordic countries20.425.820.321.929.7
    Rest of Europe-28.8-25.3-31.0-29.7-35.0
    Africa-44.5-26.6-29.98.4-16.2
    Asia-3.1-6.4-14.91.0-17.5
    Northern, Central America and the Caribbean71.253.444.211.57.2
    South America, total12.044.3-19.293.6112.7
    Oceania3.59.214.8-9.09.2
    Explanation of symbols

About the statistics

The information under «About the statistics» was last updated 4 May 2023.

External settlement/cross border settlement

Transfer of money between Norway and abroad.

Financial enterprise

A financial enterprise is an enterprise in one of these three industries in Classification of Standard Industrial Classification

  • Industrial code 64: Financial service activities, except insurance and pension funding
  • Industrial code 65: Insurance, reinsurance and pension funding, except compulsory social activities
  • Industrial code 66: Activities auxiliary to financial services and insurance activities.

Non financial company

Enterprise with a two digit industrial code other than 64, 65 or 66. See Financial enterprise.

Norwegian/domestic resident

  • Legal persons registered as Norwegian, including foreign owned companies registered as Norwegian.
  • Foreign company's affiliates in Norway.
  • Physical persons permanently residing in Norway, regardless of citizenship.

Foreign/foreigner

  • Legal persons registered abroad, including Norwegian owned companies that are registered abroad.
  • Norwegian companies' affiliates abroad.
  • Physical persons permanently residing abroad, regardless of citizenship.

From Q1 2008 to Q4 2010, the statistics was classified according to the Standard Industrial Classification 2002 (SIC2002), which is a Norwegian adaptation of NACE Rev.1 (EUROSTAT). As from Q1 2011, the standard has been replaced by the Standard Industrial Classification 2007 (SIC2007), which is a Norwegian adaptation of NACE Rev. 2 (EUROSTAT). SIC2007 forms the basis for coding units according to principal activity in the Central Register of Establishments and Enterprises. The use of common standards is essential in enabling the comparison and analysis of statistical data at national/international level and over time.

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