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 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.

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.

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.

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.

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

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.

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 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.

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

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 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.

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

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

نروژ یک بدهی دولت به تولید ناخالص داخلی به میزان 44.30 درصد از تولید ناخالص داخلی کشور در سال 2023 ثبت کرد. این صفحه ارقام واقعی، داده‌های تاریخی، پیش‌بینی، نمودار، آمار، تقویم اقتصادی و اخبار - بدهی دولت نروژ به تولید ناخالص داخلی - را ارائه می‌دهد.

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.

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.