This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Panama is the Latin American country with the highest foreign debt in relation to its gross domestic product (GDP). The total debt held by Panama's central government to foreign creditors represented over 50 percent of the country's GDP in 2022. Nicaragua ranked second among the countries shown in this statistic, with an external debt equivalent to 40.5 percent of its GDP.

This dataset provides values for PRIVATE DEBT reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 2023, Sudan ranked had the highest public debt level in relation to its GDP, with an estimated debt almost three times larger than its GDP. The countries with the highest public debt often have a high level of economic instability, however there are also many more developed economies on this list, such as five of the G7 countries, who feature due to their high levels of national borrowing and public spending. Venezuela's public debt

This dataset provides values for EXTERNAL DEBT reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In the third quarter of 2024, Greece's national debt was the highest in all the European Union, amounting to 158 percent of Greece's gross domestic product. In spite of Greece's total being high by EU standards, it marks a substantial decrease from the historical high point reached by the country's national debt of 207 percent of GDP in 2020. Italy, France, Spain, Belgium, and Portugal also all have government debt worth over one year's production of their economies, while the small Baltic country of Estonia has the smallest national debt when compared with GDP, at only 24 percent. In debitum incrementum?A country’s national debt, also known as government debt or public debt, is defined as all borrowings owed by the government of a country. It usually comprises internal debt – owed to other governmental departments – and external debt, which is held by the public and is owed to government bond owners. National debt can be caused by a struggling economy in general, or by low tax income, which usually leads to money being borrowed from other governments for support, which in turn cannot be paid back right away. At first glance, a high national debt is not always a sign of a struggling economy – but since increasing debt can slow down economic growth significantly, it is imperative for the respective government to seek a steady reduction in the long run.

Key information about Norway External Debt

• Norway External Debt reached 733.1 USD bn in Dec 2024, compared with 747.6 USD bn in the previous quarter.
• Norway External Debt: USD mn data is updated quarterly, available from Mar 2003 to Dec 2024.
• The data reached an all-time high of 747.6 USD bn in Sep 2024 and a record low of 204.9 USD bn in Mar 2003.

CEIC converts quarterly External Debt into USD. Statistics Norway provides External Debt in local currency based on BPM6. The Federal Reserve Board period end market exchange rate is used for currency conversions. External Debt prior to Q1 2012 is based on BPM5.


Related information about Norway External Debt

• In the latest reports of Norway, Current Account recorded a surplus of 27.3 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) fell by 1.9 USD bn in Sep 2024.
• Norway Direct Investment Abroad fell by 53.1 USD mn in Sep 2024.
• Its Foreign Portfolio Investment increased by 6.3 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 128.6 USD bn in Mar 2023.

Key information about Norway National Government Debt

• Norway National Government Debt reached 251.8 USD bn in Dec 2024, compared with 224.3 USD bn in the previous year.
• Norway National Government Debt data is updated yearly, available from Dec 1995 to Dec 2024.
• The data reached an all-time high of 251.8 USD bn in Dec 2024 and a record low of 36.2 USD bn in Dec 1998.

CEIC converts annual Government Debt into USD. Statistics Norway provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Norway National Government Debt

• In the latest reports, Norway Consolidated Fiscal Balance registered a surplus equal to 13.2 % of its Nominal GDP in Dec 2024.
• The country's Government debt accounted for 55.1 % of its Nominal GDP in Dec 2024.
• Norway Nominal GDP reached 128.6 USD bn in Mar 2023.

The statistic shows the 20 countries with the lowest national debt in 2023 in relation to the gross domestic product (GDP). The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance. In 2023, Russia's estimated level of national debt reached about 19.66 percent of the GDP, ranking 17th of the countries with the lowest national debt. National debt and GDP The debt-to-GDP ratio is an indicator of a country’s ability to produce and sell goods in order to pay back any present debts, however these countries should not retain newer debts in the process. Many economists believe that if a country is able to produce more without impairing its own economical growth, it can be considered more stable, particularly for the future. However, the listed countries, with the exception of Russia and Saudi Arabia, are not necessarily economic first-world powers. Additionally, economically powerful countries such as the United States and France maintain one of the highest debt-to-GDP ratios, signifying that occurring debt does not necessarily damage the state of the economy and is sometimes necessary in order to help develop it. Saudi Arabia has maintained one of the lowest debt-to-GDP ratios due to its high export rates, which primarily consist of petroleum and petroleum goods. Given the significance of oil in today’s world, Saudi Arabia produces enough oil and earns enough revenue to maintain a high GDP and additionally refrain from incurring debt.

Key information about Norway Private Debt: % of Nominal GDP

• Norway Private Debt accounted for 120.33 % of its Nominal GDP in Sep 2024, compared with a ratio of 120.38 % in the previous quarter
• Norway Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 1996 to Sep 2024, with an average share of 112.28 %
• The data reached an all-time high of 152.02 % in Mar 2021 and a record low of 75.51 % in Dec 1996

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Loans to Non Financial Corporations, Households and NPISHs. Statistics Norway provides Private Debt in local currency and Nominal GDP in local currency.

This dataset provides values for EXTERNAL DEBT reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about Norway Government Debt: % of GDP

• Norway Government debt accounted for 55.1 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 44.5 % in the previous year.
• Norway government debt to GDP ratio data is updated yearly, available from Dec 1995 to Dec 2024.
• The data reached an all-time high of 55.1 % in Dec 2024 and a record low of 23.6 % in Dec 1998.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. Statistics Norway provides Government Debt in local currency and Nominal GDP in local currency.


Related information about Norway Government Debt: % of GDP

• In the latest reports, Norway National Government Debt reached 251.8 USD bn in Dec 2024.
• The country's Nominal GDP reached 128.6 USD bn in Mar 2023.

Key information about Norway External Debt: Short Term: % of GDP

• Norway External Debt: Short Term accounted for 46.6 % of the country's Nominal GDP in 2022, compared with the ratio of 51.5 % in the previous year.
• Norway External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2012 to 2022.
• The data reached an all-time high of 57.3 % in 2020 and a record low of 43.6 % in 2012.

CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. Short Term External Debt is calculated as the sum of Short Term External Debt breakdowns for General Government, Central Bank, Deposit-Taking Corporations excl Central Bank and Other Sectors. Statistics Norway provides Short Term External Debt in local currency and Nominal GDP in local currency.


Related information about Norway External Debt: Short Term: % of GDP

• In the latest reports of Norway, Current Account recorded a surplus of 27.3 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) fell by 1.9 USD bn in Sep 2024.
• Norway Direct Investment Abroad fell by 53.1 USD mn in Sep 2024.
• Its Foreign Portfolio Investment increased by 6.3 USD bn in Sep 2024.
• Norway External Debt: Short Term value stood at 261.4 USD bn in Dec 2022.
• The country's Nominal GDP was reported at 128.6 USD bn in Mar 2023.

Key information about Norway External Debt: Short Term

• Norway External Debt: Short Term value stood at 261.4 USD bn in Sep 2023, compared with 256.4 USD bn in the previous quarter.
• Norway External Debt: Short Term data is updated quarterly, available from Mar 2012 to Sep 2023.
• The data reached an all-time high of 272.0 USD bn in Sep 2022 and a record low of 181.6 USD bn in Dec 2015.

CEIC calculates Short Term External Debt as the sum of quarterly Short Term External Debt breakdowns for General Government, Central Bank, Deposit-Taking Corporations excl Central Bank and Other Sectors and converts it into USD. Statistics Norway provides Short Term External Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Norway External Debt: Short Term

• In the latest reports of Norway, Current Account recorded a surplus of 27.3 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) fell by 1.9 USD bn in Sep 2024.
• Norway Direct Investment Abroad fell by 53.1 USD mn in Sep 2024.
• Its Foreign Portfolio Investment increased by 6.3 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 128.6 USD bn in Mar 2023.

Norway Gross External Debt data was reported at 8,333,855.000 NOK mn in Dec 2024. This records an increase from the previous number of 7,879,769.000 NOK mn for Sep 2024. Norway Gross External Debt data is updated quarterly, averaging 5,349,134.500 NOK mn from Mar 2012 (Median) to Dec 2024, with 52 observations. The data reached an all-time high of 8,333,855.000 NOK mn in Dec 2024 and a record low of 3,973,643.000 NOK mn in Dec 2012. Norway Gross External Debt data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.JB004: BPM6: Gross External Debt.

Graph and download economic data for Outstanding Domestic Public Debt Securities to GDP for Norway (DDDM04NOA156NWDB) from 1995 to 2020 about Norway, public, debt, securities, domestic, and GDP.

Graph and download economic data for Outstanding International Private Debt Securities to GDP for Norway (DDDM05NOA156NWDB) from 1980 to 2002 about Norway, debt, securities, private, and GDP.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Debt statistics provide a detailed picture of debt stocks and flows of developing countries. Data presented as part of the Quarterly External Debt Statistics takes a closer look at the external debt of high-income countries and emerging markets to enable a more complete understanding of global financial flows. The Quarterly Public Sector Debt database provides further data on public sector valuation methods, debt instruments, and clearly defined tiers of debt for central, state and local government, as well as extra-budgetary agencies and funds. Data are gathered from national statistical organizations and central banks as well as by various major multilateral institutions and World Bank staff.