Decrease in settlement flows
Both incoming and outgoing bank settlement flows decreased from the fourth quarter of 2016 to the first quarter of 2017.
Settlements from foreign countries to Norwegian bank accounts amounted to NOK 559 billion in the first quarter of 2017. This was a decrease of 7.8 per cent from the fourth quarter of 2016. Outgoing settlements from Norwegian non-financial enterprises and private persons showed a decrease of 11.6 per cent from the fourth quarter of 2016. The total settlements sent from Norwegian non-financial enterprises and private persons to foreign countries reached NOK 560 billion in the first quarter of 2017.
Figure 1. External settlements between Norway and abroad
|Incoming value||Outgoing value|
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