Norway recorded a Government Debt to GDP of 55.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - Norway Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Norway increased to 886430 NOK Million in the first quarter of 2025 from 773551 NOK Million in the fourth quarter of 2024. This dataset provides - Norway Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

Graph and download economic data for Central government debt, total (% of GDP) for Norway (DEBTTLNOA188A) from 1990 to 1994 about Norway, debt, government, and GDP.

As shown in this statistic, the ratio of national debt to gross domestic product (GDP) of Norway is approximately 42.72 percent in 2025.Fluctuating decline between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total decrease by approximately 4.96 percentage points. Looking at the trajectory between 1980 and 2025, one can observe that this decrease however did not happen continuously.Fluctuating decline between 2025 and 2030In 2030 the ratio will lie at about 40 percent, according to forecasts. From 2025 onwards, there is an overall decrease by approximately 2.72 percentage points.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.

Norway: Government debt as percent of GDP: The latest value from 2023 is 44.3 percent, an increase from 36.5 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Norway from 1980 to 2023 is 37.41 percent. The minimum value, 22.94 percent, was reached in 1998 while the maximum of 52.56 percent was recorded in 1993.

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.

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

Norway NO: Gross Public Debt: % of GDP: Central Government: Debt Securities data was reported at 11.478 % in Jun 2018. This records an increase from the previous number of 11.340 % for Mar 2018. Norway NO: Gross Public Debt: % of GDP: Central Government: Debt Securities data is updated quarterly, averaging 11.496 % from Mar 2000 (Median) to Jun 2018, with 74 observations. The data reached an all-time high of 18.779 % in Dec 2009 and a record low of 8.082 % in Mar 2007. Norway NO: Gross Public Debt: % of GDP: Central Government: Debt Securities 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.

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.

This scatter chart displays population (people) against central government debt (% of GDP) in Norway. The data is about countries per year.

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, sector, maturity, debt, residents, securities, and government.

In 2024, Finland had the highest debt rate of the Nordic countries, followed by Iceland. In 2011, Iceland's debt rate was over 138 percent of the country's gross domestic product (GDP), but it had decreased to 59 percent in 2024. Finland's debt rate, on the other hand, increased from 50 percent in 2010 to 80 percent in 2024. Debt rates of the three other Nordic countries were more stable, and were between 29 and 38 percent in 2024.

This dataset is about countries per year in Norway. It has 64 rows. It features 4 columns: country, central government debt, and fertility rate.

Norway NO: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits 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, Loans, SDRs, Currency and Deposits data is updated quarterly, averaging 19.641 % from Mar 1995 (Median) to Mar 2018, with 93 observations. The data reached an all-time high of 43.399 % in Dec 2006 and a record low of 0.000 % in Dec 1999. Norway NO: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits 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.

Norway Central Government Debt: Norwegian Krone: Treasury Certificates data was reported at 74,000.000 NOK mn in Jun 2018. This records a decrease from the previous number of 77,000.000 NOK mn for Mar 2018. Norway Central Government Debt: Norwegian Krone: Treasury Certificates data is updated quarterly, averaging 47,000.000 NOK mn from Dec 1965 (Median) to Jun 2018, with 118 observations. The data reached an all-time high of 292,871.000 NOK mn in Jun 2010 and a record low of 0.000 NOK mn in Dec 1969. Norway Central Government Debt: Norwegian Krone: Treasury Certificates 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.

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, sector, maturity, debt, residents, securities, and government.

Graph and download economic data for Net Issues of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Norway (IDSGAMRININO) from Q1 1972 to Q1 2003 about Norway, issues, sector, maturity, debt, residents, securities, Net, and government.

This bar chart displays central government debt (% of GDP) by ISO 3 country code using the aggregation average, weighted by gdp in Norway. The data is about countries per year.