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Norway Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Norway's remittances received was $1.1B in 2025, ranked 90th globally. This represents a 19.8% increase from 2024. Data from World Bank, covering 1975–2025.

$1.1B +$187.5M (+19.8%)
Year 2025 Rank #90 Global Peak $1.1B (2025) Source World Bank

Norway Remittances Received (1975–2025)

Overview

Norway's remittances received stood at $1.1B in 2025, a rise of +$187.5M from 2024. Based on recent trends, this figure is projected to reach $1.1B by 2025. Norway ranked 90th globally.

Norway’s remittances received have risen dramatically from a modest 8,054,653.17 in 1975 to an all‑time high of 1,134,520,860.26 in 2025, placing the country at rank 90 globally. This 140‑fold increase reflects the expansion of overseas Norwegian workforces and the growing integration of global financial flows, especially after the 1990s liberalisation of capital markets. The 2025 figure slightly trails Paraguay’s 1,163,250,590.16 and Argentina’s 1,201,762,322.24, underscoring Norway’s position among the higher‑receiving economies despite its relatively small population. The long‑term upward trajectory has been reinforced by strong earnings from oil‑related expatriates and a robust welfare system that channels remittances into domestic consumption and investment. Should Norway diversify its export base and maintain favourable migration policies, the inflow of remittances is likely to continue growing, albeit at a moderated pace as the global economy stabilises.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $1.3B - -
2026* trend $1.2B - -
2025* trend $1.1B - -
2025 $1.1B +$187.5M #90
2024 $947.0M −$14.3M #90
2023 $961.3M −$33.7M #90
2022 $995.1M +$323.3M #95
2021 $671.8M +$82.8M #86
2020 $589.0M −$26.7M #86
2019 $615.7M −$28.6M #89
2018 $644.3M +$28.6M #89
2017 $615.8M +$22.2M #89
2016 $593.6M −$15.4M #90
2015 $608.9M −$151.0M #90
2014 $759.9M −$31.5M #95
2013 $791.5M +$25.0M #92
2012 $766.5M +$1.5M #95
2011 $765.0M +$85.0M #96
Show all years (1975-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.0% GDP growth 3.9% C/A balance 14.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Norway matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Norway's remittances received?▾

Norway's remittances received was $1.1B in 2025. Ranked 90th globally. This represents a 19.8% increase from the previous year.

What was the highest remittances received in Norway?▾

Norway's remittances received peaked at $1.1B in 2025.

What was the lowest remittances received in Norway?▾

The lowest remittances received in Norway was $8.1M in 1975.

How does Norway rank in remittances received?▾

Norway ranks 90th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Norway in 2025?▾

Norway's remittances received is projected to reach $1.1B by 2025 based on trend extrapolation.

What is Norway's remittances received in billion?▾

Norway's remittances received was approximately 1.13 billion ($1.1B) in 2025.

What is the remittances received of Norway in 2025?▾

The remittances received of Norway in 2025 was $1.1B. This ranks 90th in the world.

Cite this page

APA
Norway Remittances Received. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/norway/remittances/
BibTeX
@misc{historysaid_norway_remittances, title = {Norway Remittances Received}, url = {https://historysaid.com/norway/remittances/}, publisher = {HistorySaid}, year = {2026} }
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