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.

• 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 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.

• 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.

Government Debt in Norway decreased to 724482 NOK Million in the second quarter of 2025 from 886430 NOK Million in the first quarter of 2025. This dataset provides - Norway Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The national debt of Norway was estimated at about ************** U.S. dollars in 2024. From 1980 to 2024, the national debt rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the national debt will rise by around ************* U.S. dollars, showing an overall upward trend with periodic ups and downs.

In 2024, the ratio of national debt to gross domestic product (GDP) of Norway was estimated at approximately 42.72 percent. Between 1980 and 2024, the figure dropped by around 4.96 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 2.72 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Historical dataset showing Norway national debt by year from 1990 to 2022.

Norway Central Government Debt: Norwegian Krone data was reported at 629,080.000 NOK mn in Jun 2018. This records a decrease from the previous number of 633,565.000 NOK mn for Mar 2018. Norway Central Government Debt: Norwegian Krone data is updated quarterly, averaging 297,427.500 NOK mn from Dec 1965 (Median) to Jun 2018, with 118 observations. The data reached an all-time high of 734,596.000 NOK mn in Mar 2013 and a record low of 8,631.000 NOK mn in Dec 1965. Norway Central Government Debt: Norwegian Krone data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.F020: Central Government Debt.

Key information about Norway External Debt: % of GDP

• Norway External Debt accounted for 160.3 % of the country's Nominal GDP in 2024, compared with the ratio of 147.9 % in the previous year.
• Norway External Debt: % of Nominal GDP data is updated yearly, available from Dec 2003 to Dec 2024.
• The data reached an all-time high of 172.6 % in Dec 2020 and a record low of 95.4 % in Dec 2004.

• 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 External Debt reached 733,078.4 in Dec 2024.
• The country's Nominal GDP was reported at 128.6 USD bn in Mar 2023.

In 2024, Finland had the highest debt rate of the Nordic countries, followed by Iceland. In 2011, Iceland's debt rate was over *** percent of the country's gross domestic product (GDP), but it had decreased to ** percent in 2024. Finland's debt rate, on the other hand, increased from ** percent in 2010 to ** percent in 2024. Debt rates of the three other Nordic countries were more stable, and were between ** and ** percent in 2024.

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.

'Quarterly government debt' is defined as the total gross debt at nominal value outstanding at the end of each quarter for the general government sector (ref. Regulation (EU) No 549/2013, Annex B transmission programme, definition of general government sector ESA 2010 §2.111).

Data are measured in million Euro, million of national currency units, percentage of GDP and percentage of total consolidated debt.

Data cover EU Member States, Iceland and Norway.

Quarterly data on government debt is provided according to the provisions of the European System of Accounts ESA 2010 (Regulation (EU) No 549/2013).

Data is transmitted by national authorities (National Statistical Institutes, National Central Banks or Ministries of Finance).

This bar chart displays central government debt (% of GDP) by currency using the aggregation average, weighted by gdp in Norway. The data is about countries per year.

Norway Central Government Debt: Norwegian Krone: Government Bonds data was reported at 399,515.000 NOK mn in Jun 2018. This records a decrease from the previous number of 401,000.000 NOK mn for Mar 2018. Norway Central Government Debt: Norwegian Krone: Government Bonds data is updated quarterly, averaging 145,424.500 NOK mn from Dec 1965 (Median) to Jun 2018, with 118 observations. The data reached an all-time high of 403,439.000 NOK mn in Mar 2017 and a record low of 6,424.000 NOK mn in Dec 1965. Norway Central Government Debt: Norwegian Krone: Government Bonds data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.F020: Central Government Debt.

Norway NO: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data was reported at 20.874 % in Mar 2018. This records an increase from the previous number of 20.556 % for Dec 2017. Norway NO: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data is updated quarterly, averaging 21.946 % from Mar 2000 (Median) to Mar 2018, with 73 observations. The data reached an all-time high of 43.399 % in Dec 2006 and a record low of 13.196 % in Sep 2014. Norway NO: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.World Bank: QPSD: Gross Public Debt: % of GDP: Central Government.

Graph and download economic data for Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Norway (TDSAMRIAOGGNO) from Q4 1995 to Q4 2022 about Norway, maturity, sector, debt, securities, residents, and government.

Gross Ext. Debt Pos., General Government, Long-term, Loans, USD in Norway was reported at 51881042654 USD in 2025, according to the World Bank collection of development indicators, compiled from officially recognized sources. Norway - Gross Ext. Debt Pos., General Government, Long-term, Loans, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Graph and download economic data for Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Nationality of Issuer in Norway (DISCONTINUED) (IDS1MNIAOGGNO) from Q3 1993 to Q4 2002 about Norway, 1-year, sector, debt, securities, and government.

Gross Ext. Debt Pos., General Government, Short-term, Debt securities, USD in Norway was reported at 1548151659 USD in 2025, according to the World Bank collection of development indicators, compiled from officially recognized sources. Norway - Gross Ext. Debt Pos., General Government, Short-term, Debt securities, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Graph and download economic data for Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Norway (IDSGAMRIAONO) from Q1 1972 to Q4 2002 about Norway, maturity, sector, debt, securities, residents, and government.

Gross Ext. Debt Pos., General Government, Short-term, All instruments, USD in Norway was reported at 56547203791 USD in 2025, according to the World Bank collection of development indicators, compiled from officially recognized sources. Norway - Gross Ext. Debt Pos., General Government, Short-term, All instruments, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.