FX.co ★ Norway’s Current Account Surplus Soars to NOK 266.8B in Q1 2026

Norway’s current account surplus jumped sharply in the first quarter of 2026, rising to NOK 266.8 billion from NOK 153.1 billion in the previous quarter. The latest figures, updated on 3 June 2026, highlight a significant strengthening of Norway’s external balance at the start of the year.

The previous reading for the current account, recorded in the fourth quarter of 2025, had already reflected a substantial surplus, but the first-quarter 2026 result marks a notable acceleration. The increase of more than NOK 100 billion quarter-on-quarter underscores Norway’s robust external position and may signal improving trade dynamics and stronger net income from abroad.

The surge in the current account surplus is likely to draw close attention from investors and policymakers, as it reinforces Norway’s status as a surplus economy heading into 2026 and may have implications for currency, fiscal planning, and external investment flows.