Terms of Trade in Norway decreased to 94.46 points in the fourth quarter of 2019 from 96.40 points in the third quarter of 2019. Norway Terms of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Terms of Trade in Norway averaged 93.90 points from 1980 until 2019, reaching an all time high of 115.90 points in the second quarter of 2006 and a record low of 75.84 points in the first quarter of 1983. This page provides - Norway Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Norway

Terms of Trade in Norway is expected to be 108.87 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in Norway to stand at 109.05 in 12 months time. In the long-term, the Norway Terms of Trade is projected to trend around 109.05 points in 2021, according to our econometric models.

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Norway Terms of Trade

Actual Previous Highest Lowest Dates Unit Frequency
94.46 96.40 115.90 75.84 1980 - 2019 points Quarterly
NSA, 2000=100

Norway Terms of Trade
In Norway, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods.