Cash surplus/deficit as a proportion of GDP in Norway

Norway: Cash surplus/deficit as a proportion of GDP was -35.9% in 2023. ▼ Falling

Latest (2023)
-35.9%
Change on year
down 22.5%
World rank
130th
of 162 countries
All-time high
-29.3%
in 2022
All-time low
-45.4%
in 2020
Years of data
24
2000–2023

Cash surplus/deficit as a proportion of GDP in Norway, 2000–2023

-45-40-35-302000201120232000: -32 %2001: -32.6 %2002: -37.5 %2003: -37.3 %2004: -35.3 %2005: -33.1 %2006: -32.1 %2007: -32 %2008: -30.7 %2009: -35.4 %2010: -34.7 %2011: -34.1 %2012: -33.7 %2013: -34.2 %2014: -35.6 %2015: -38.2 %2016: -39.7 %2017: -38.7 %2018: -37.1 %2019: -38.6 %2020: -45.4 %2021: -36.5 %2022: -29.3 %2023: -35.9 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2023, cash surplus/deficit as a proportion of gdp in Norway stood at -35.9%.

The figure is down 22.5% on the previous year and down 5.0% over ten years.

Over the whole period, cash surplus/deficit as a proportion of gdp in Norway peaked at -29.3% in 2022 and was at its lowest, -45.4%, in 2020.

Norway ranks 130th of 162 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 24 years of available data.

Cash surplus/deficit as a proportion of GDP in Norway, year by year

Annual values for Cash surplus/deficit as a proportion of GDP (%) in Norway, 2000 to 2023.
Year % Change
2000 -32.0%
2001 -32.6% +2.0%
2002 -37.5% +15.2%
2003 -37.3% -0.7%
2004 -35.3% -5.5%
2005 -33.1% -6.0%
2006 -32.1% -3.2%
2007 -32.0% -0.3%
2008 -30.7% -4.1%
2009 -35.4% +15.4%
2010 -34.7% -1.9%
2011 -34.1% -1.7%
2012 -33.7% -1.2%
2013 -34.2% +1.4%
2014 -35.6% +4.1%
2015 -38.2% +7.1%
2016 -39.7% +4.2%
2017 -38.7% -2.6%
2018 -37.1% -4.0%
2019 -38.6% +3.9%
2020 -45.4% +17.7%
2021 -36.5% -19.5%
2022 -29.3% -19.8%
2023 -35.9% +22.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s -33.8% -37.5% -30.7% 10
2010s -36.5% -39.7% -33.7% 10
2020s -36.8% -45.4% -29.3% 4

Countries ranked near Norway

  1. 127 Serbia -35.5% compare
  2. 128 New Zealand -35.5% compare
  3. 129 Bulgaria -35.8% compare
  4. 131 Namibia -36.5% compare
  5. 132 Uruguay -37.0% compare
  6. 133 Portugal -37.2% compare

See the full ranking of 189 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is cash surplus/deficit as a proportion of gdp in Norway?
Cash surplus/deficit as a proportion of gdp in Norway was -35.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
What is the highest cash surplus/deficit as a proportion of gdp recorded in Norway?
The highest recorded value was -29.3% in 2022.
What is the lowest cash surplus/deficit as a proportion of gdp recorded in Norway?
The lowest recorded value was -45.4% in 2020.
How does Norway rank for cash surplus/deficit as a proportion of gdp?
Norway ranks 130th out of 162 countries with data for 2023.
Is cash surplus/deficit as a proportion of gdp rising or falling in Norway?
Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
Where does this Norway data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Cash surplus/deficit as a proportion of GDP in Norway. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/cash-surplus-deficit-as-a-proportion-of-gdp-percent/norway/

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About this data

Indicator
Cash surplus/deficit as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
189 places, 3,493 data points, 2000–2024
Last refreshed