This is an archived release.
NOK 13.9 billion in cross border trade
Norwegians spent NOK 13.9 billion on cross border trade on day trips in the last four quarters. This is about the same as in the previous four-quarter period.
|3rd quarter 2014||3rd quarter 2015||3rd quarter 2014 - 3rd quarter 2015|
|Cross Border Trade (NOK million)||3 665||3 465||-5.5|
|Number of daytrips (1 000)||2 303||1 727||-25.0|
The number of day trips was 7.9 million, which is the same as in the previous four-quarter period.
Cross border trade is a sample survey. The uncertainty of the quarterly cross border trade is quite extensive, at about NOK 0.5 billion. This means that if the total cross border trade in a quarter is NOK 3.5 billion, there is 95 per cent certainty that the real figure is between NOK 3 and 4 billion. Comparing two quarters is not certain and we try not to do this.
The uncertainty in absolute figures (NOK) of the sum of four quarters is double that of the uncertainty for a quarter. However, the uncertainty is halved when we calculate the four quarters as a percentage.
Norwegians spent NOK 13.9 million in cross border trade in 2014. It is 95 per cent certain that the real figure of cross border trade was between NOK 13.4 billion and NOK 14.4 billion in 2014