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    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001352621</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>
      <seriesClassInfo>
        <seriesId>S000036857</seriesId>
        <classId>C000112726</classId>
        <classId>C000112725</classId>
      </seriesClassInfo>

    </filerInfo>
  </headerData>
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    <genInfo>
      <regName>Northern Lights Variable Trust</regName>
      <regFileNumber>811-21853</regFileNumber>
      <regCik>0001352621</regCik>
      <regLei>549300JG5J5V82S8VI88</regLei>
      <regStreet1>225 PICTORIA DRIVE</regStreet1>
      <regStreet2>SUITE 450</regStreet2>
      <regCity>CINCINNATI</regCity>
      <regStateConditional regCountry="US" regState="US-OH"/>
      <regZipOrPostalCode>45246</regZipOrPostalCode>
      <regPhone>631-470-2600</regPhone>
      <seriesName>Power Income VIT Fund</seriesName>
      <seriesId>S000036857</seriesId>
      <seriesLei>549300N09J6XW4RCDO72</seriesLei>
      <repPdEnd>2019-12-31</repPdEnd>
      <repPdDate>2019-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>8095167.49</totAssets>
      <totLiabs>78238.69</totLiabs>
      <netAssets>8016928.8</netAssets>
      <assetsAttrMiscSec>0</assetsAttrMiscSec>
      <assetsInvested>0</assetsInvested>
      <amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0</amtPayAftOneYrOther>
      <delayDeliv>0</delayDeliv>
      <standByCommit>0</standByCommit>
      <liquidPref>0</liquidPref>
      <cshNotRptdInCorD>0.02</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000112725" rtn1="0.46000000" rtn2="0.09000000" rtn3="1.49000000"/>
          <monthlyTotReturn classId="C000112726" rtn1="0.40000000" rtn2="0.10000000" rtn3="1.34000000"/>
        </monthlyTotReturns>
        <othMon1 netRealizedGain="52077.80000000" netUnrealizedAppr="-18592.86000000"/>
        <othMon2 netRealizedGain="136425.62000000" netUnrealizedAppr="-134697.11000000"/>
        <othMon3 netRealizedGain="9597.78000000" netUnrealizedAppr="66513.41000000"/>
      </returnInfo>
      <mon1Flow redemption="-327828.15000000" reinvestment="0.00000000" sales="135506.32000000"/>
      <mon2Flow redemption="-56543.30000000" reinvestment="0.00000000" sales="76842.88000000"/>
      <mon3Flow redemption="-284708.59000000" reinvestment="196468.15000000" sales="18342.47000000"/>

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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ISHARES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ISHARES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ISHARES TRUST</name>
        <lei>5493000860OXIC4B5K91</lei>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ISHARES TRUST</name>
        <lei>5493000860OXIC4B5K91</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vaneck Vectors Etf Trust</name>
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      </invstOrSec>
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        <name>Dreyfus Treasury</name>
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        <name>Fidelity Instituti</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Trust</name>
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      <invstOrSec>
        <name>Short-Term Invts T</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ISHARES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>iShares US ETF Trust</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco Exchange Traded Fund Trust II</name>
        <lei>549300J84F1VGX03MG06</lei>
        <title>INVESCO OPTIMUM YIELD DIV</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-01-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Northern Lights Variable Trust</ncom:nameOfApplicant>
      <ncom:signature>James Colantino</ncom:signature>
      <ncom:signerName>James Colantino</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
