Government debt — all countries

Government debt — Norway

Government debt in Norway in 2031 — 25.5%. Ranked 18 in the world out of 184. Since 1980, the indicator has fallen by 22.4 pp.

2031 25.5% −3.5 pp vs 2030
World rank 18of 184
Period maximum 54%1993
Period minimum 23.8%1998

Trend over time

1980–2031 · % of GDP

Government debt — Norway, 1980–2031203040506019801986199219982004201020162022202820311980: 47.9%1981: 43.5%1982: 38.6%1983: 35.5%1984: 35.3%1985: 37%1986: 46.1%1987: 38.6%1988: 32.6%1989: 32.5%1990: 29.1%1991: 39.5%1992: 45.3%1993: 54%1994: 51%1995: 32.9%1996: 28.6%1997: 26%1998: 23.8%1999: 25.1%2000: 28.8%2001: 27.3%2002: 34%2003: 43.1%2004: 43.8%2005: 42.1%2006: 52.2%2007: 48.9%2008: 46.8%2009: 41.7%2010: 42.1%2011: 28.9%2012: 30.2%2013: 30.6%2014: 28.8%2015: 33.2%2016: 36.7%2017: 36.9%2018: 38.1%2019: 39%2020: 44.3%2021: 40.1%2022: 34.8%2023: 42.4%2024: 52.8%2025: 45%2026: 42.9%2027: 39.4%2028: 35.9%2029: 32.5%2030: 29%2031: 25.5%
Change over the period: −22.4 pp Annual average: -0.44 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Norway

Norway 25.5%
World computed 102.5%
Europe & Central Asia computed 76.9%
Northern Europe computed 76.5%
High-income countries computed 108.6%
Government debt — Norway, by year Norway All countries CSV XLSX
Year % Change, pp
2031 25.5 −3.5 pp
2030 29 −3.5 pp
2029 32.5 −3.4 pp
2028 35.9 −3.5 pp
2027 39.4 −3.5 pp
2026 42.9 −2.1 pp
2025 45 −7.8 pp
2024 52.8 +10.4 pp
2023 42.4 +7.6 pp
2022 34.8 −5.3 pp
2021 40.1 −4.2 pp
2020 44.3 +5.3 pp
2019 39 +0.9 pp
2018 38.1 +1.2 pp
2017 36.9 +0.2 pp
2016 36.7 +3.5 pp
2015 33.2 +4.4 pp
2014 28.8 −1.8 pp
2013 30.6 +0.4 pp
2012 30.2 +1.3 pp
2011 28.9 −13.2 pp
2010 42.1 +0.4 pp
2009 41.7 −5.1 pp
2008 46.8 −2.1 pp
2007 48.9 −3.3 pp
2006 52.2 +10.1 pp
2005 42.1 −1.7 pp
2004 43.8 +0.7 pp
2003 43.1 +9.1 pp
2002 34 +6.7 pp
2001 27.3 −1.5 pp
2000 28.8 +3.7 pp
1999 25.1 +1.3 pp
1998 23.8 −2.2 pp
1997 26 −2.6 pp
1996 28.6 −4.3 pp
1995 32.9 −18.1 pp
1994 51 −3 pp
1993 54 +8.7 pp
1992 45.3 +5.8 pp
1991 39.5 +10.4 pp
1990 29.1 −3.4 pp
1989 32.5 −0.1 pp
1988 32.6 −6 pp
1987 38.6 −7.5 pp
1986 46.1 +9.1 pp
1985 37 +1.7 pp
1984 35.3 −0.2 pp
1983 35.5 −3.1 pp
1982 38.6 −4.9 pp
1981 43.5 −4.4 pp
1980 47.9

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.