Budget balance in Norway in 2031 — 6.3%. Ranked 3 in the world out of 188. Since 1980, the indicator has risen by 1.1 pp.
1980–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: Norway
| Year | % | Change, pp |
|---|---|---|
| 2031 | 6.3 | −0.5 pp |
| 2030 | 6.8 | −0.4 pp |
| 2029 | 7.2 | −0.4 pp |
| 2028 | 7.6 | −0.7 pp |
| 2027 | 8.3 | −1.9 pp |
| 2026 | 10.2 | +0.9 pp |
| 2025 | 9.3 | −3.5 pp |
| 2024 | 12.8 | −3.1 pp |
| 2023 | 15.9 | −8.8 pp |
| 2022 | 24.7 | +14.8 pp |
| 2021 | 9.9 | +12.4 pp |
| 2020 | -2.5 | −8.8 pp |
| 2019 | 6.3 | −1.3 pp |
| 2018 | 7.6 | +2.8 pp |
| 2017 | 4.8 | +0.9 pp |
| 2016 | 3.9 | −1.9 pp |
| 2015 | 5.8 | −2.5 pp |
| 2014 | 8.3 | −2 pp |
| 2013 | 10.3 | −3.1 pp |
| 2012 | 13.4 | +0.4 pp |
| 2011 | 13 | +2.4 pp |
| 2010 | 10.6 | +0.6 pp |
| 2009 | 10 | −8.3 pp |
| 2008 | 18.3 | +1.5 pp |
| 2007 | 16.8 | −0.9 pp |
| 2006 | 17.7 | +3 pp |
| 2005 | 14.7 | +3.9 pp |
| 2004 | 10.8 | +3.6 pp |
| 2003 | 7.2 | −1.9 pp |
| 2002 | 9.1 | −4.1 pp |
| 2001 | 13.2 | −1.9 pp |
| 2000 | 15.1 | +9.3 pp |
| 1999 | 5.8 | +2.7 pp |
| 1998 | 3.1 | −4.3 pp |
| 1997 | 7.4 | +1.4 pp |
| 1996 | 6 | +3 pp |
| 1995 | 3 | +3 pp |
| 1994 | 0 | +1.7 pp |
| 1993 | -1.7 | +0.4 pp |
| 1992 | -2.1 | −2 pp |
| 1991 | -0.1 | −2.1 pp |
| 1990 | 2 | +0.4 pp |
| 1989 | 1.6 | −0.8 pp |
| 1988 | 2.4 | −1.8 pp |
| 1987 | 4.2 | −1.3 pp |
| 1986 | 5.5 | −4 pp |
| 1985 | 9.5 | +2.8 pp |
| 1984 | 6.7 | +0.9 pp |
| 1983 | 5.8 | +2.1 pp |
| 1982 | 3.7 | −0.9 pp |
| 1981 | 4.6 | −0.6 pp |
| 1980 | 5.2 | — |
The same indicator for neighboring countries — with links to their pages
Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.
Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.
Source: World Economic Outlook (IMF), license IMF open data.
Gross general government debt as a percent of GDP.
Public Finance Government revenueHow much the state collects in a year — all revenue except foreign grants.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
