05 March 2024

Current account deficit 28.6 b.kr. in Q4/2023 – net IIP positive by 37.7% of GDP

The current account deficit measured 28.6 b.kr. in Q4/2023. This represents a deterioration of 107.1 b.kr. relative to the previous quarter and of 0.3 b.kr. relative to the same quarter in 2022. The current account balance for 2023 as a whole showed a surplus of 41.4 b.kr., as compared with a deficit of 65.2 b.kr. in 2022. At the end of Q4, the net international investment position was positive by 1,614 b.kr., or 37.7% of GDP. It improved by 326 b.kr., or 7.6% of GDP, during the quarter.

See here the press release:  Current account deficit 28.6 b.kr. in Q4/2023 – net IIP positive by 37.7% of GDP. Press release no. 5/2024. 5 March 2024


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