Africa's Development: Public finances General government … 16 in Norway
Norway: Africa's Development: Public finances General government … 16 was 44.08 Percentage of GDP in 2029. ▬ Flat
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Norway, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2029, africa's development dynamics (afdd) table 16 - public finances in Norway stood at 44.08 Percentage of GDP.
The figure is up 0.9% on the previous year and down 12.2% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Norway peaked at 56.71 Percentage of GDP in 2020 and was at its lowest, 37.64 Percentage of GDP, in 2022.
That places Norway 25th out of 166 countries with data for 2029, putting it in the top quarter.
Africa's Development: Public finances General government … 16 in Norway, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 41.33 Percentage of GDP | — |
| 2001 | 43.21 Percentage of GDP | +4.6% |
| 2002 | 46.15 Percentage of GDP | +6.8% |
| 2003 | 47.64 Percentage of GDP | +3.2% |
| 2004 | 44.75 Percentage of GDP | -6.1% |
| 2005 | 41.78 Percentage of GDP | -6.6% |
| 2006 | 40.48 Percentage of GDP | -3.1% |
| 2007 | 40.98 Percentage of GDP | +1.2% |
| 2008 | 39.76 Percentage of GDP | -3.0% |
| 2009 | 45.59 Percentage of GDP | +14.7% |
| 2010 | 44.47 Percentage of GDP | -2.5% |
| 2011 | 43.27 Percentage of GDP | -2.7% |
| 2012 | 42.4 Percentage of GDP | -2.0% |
| 2013 | 43.45 Percentage of GDP | +2.5% |
| 2014 | 45.23 Percentage of GDP | +4.1% |
| 2015 | 48.2 Percentage of GDP | +6.6% |
| 2016 | 50.4 Percentage of GDP | +4.6% |
| 2017 | 49.22 Percentage of GDP | -2.3% |
| 2018 | 47.69 Percentage of GDP | -3.1% |
| 2019 | 50.2 Percentage of GDP | +5.3% |
| 2020 | 56.71 Percentage of GDP | +13.0% |
| 2021 | 46.29 Percentage of GDP | -18.4% |
| 2022 | 37.64 Percentage of GDP | -18.7% |
| 2023 | 44.97 Percentage of GDP | +19.4% |
| 2024 | 43.38 Percentage of GDP | -3.5% |
| 2025 | 42.3 Percentage of GDP | -2.5% |
| 2026 | 42.64 Percentage of GDP | +0.8% |
| 2027 | 43.11 Percentage of GDP | +1.1% |
| 2028 | 43.67 Percentage of GDP | +1.3% |
| 2029 | 44.08 Percentage of GDP | +0.9% |
Norway compared with similar countries
- Norway's 44.08 Percentage of GDP is above the median for high income countries, which is 37.73 Percentage of GDP, 1.2× the median. (52 countries reporting)
- Norway's 44.08 Percentage of GDP is above the median for Europe & Central Asia, which is 42.09 Percentage of GDP, 1.0× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.17 Percentage of GDP | 39.76 Percentage of GDP | 47.64 Percentage of GDP | 10 |
| 2010s | 46.45 Percentage of GDP | 42.4 Percentage of GDP | 50.4 Percentage of GDP | 10 |
| 2020s | 44.48 Percentage of GDP | 37.64 Percentage of GDP | 56.71 Percentage of GDP | 10 |
Countries ranked near Norway
- 22 Syrian Arab Republic 28.64 Percentage of GDP compare
- 22 Montenegro 44.86 Percentage of GDP compare
- 23 Serbia 44.52 Percentage of GDP compare
- 24 Tonga 44.17 Percentage of GDP compare
- 26 United Kingdom 43.06 Percentage of GDP compare
- 26 Madagascar 16.84 Percentage of GDP compare
- 27 Ukraine 43.03 Percentage of GDP compare
- 28 Iceland 42.49 Percentage of GDP compare
- 28 Ethiopia 11.18 Percentage of GDP compare
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,340 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4463 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 978.78 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.99 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0071 units per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Norway?
- Africa's development dynamics (afdd) table 16 - public finances in Norway was 44.08 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Norway?
- The highest recorded value was 56.71 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Norway?
- The lowest recorded value was 37.64 Percentage of GDP in 2022.
- How does Norway rank for africa's development dynamics (afdd) table 16 - public finances?
- Norway ranks 25th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Norway?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is flat.
- Where does this Norway data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.