Government debt by instrument coverage — SDRs, currency and deposits in Norway
Norway: Government debt by instrument coverage — SDRs, currency and deposits was 59.19 Percentage of GDP in 2026. ▲ Rising
Government debt by instrument coverage — SDRs, currency and deposits in Norway, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Norway recorded 59.19 Percentage of GDP for government debt by instrument coverage — sdrs, currency and deposits in 2026.
That represents a change of up 15.4% on the previous year and up 48.6% over ten years.
Over the whole period, government debt by instrument coverage — sdrs, currency and deposits in Norway peaked at 59.61 Percentage of GDP in 2024 and was at its lowest, 28.77 Percentage of GDP, in 2000.
Norway ranks 14th of 20 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Government debt by instrument coverage — SDRs, currency and deposits in Norway, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 28.77 Percentage of GDP | — |
| 2001 | 34.05 Percentage of GDP | +18.4% |
| 2002 | 33 Percentage of GDP | -3.1% |
| 2003 | 43.27 Percentage of GDP | +31.1% |
| 2004 | 57.26 Percentage of GDP | +32.4% |
| 2005 | 49.33 Percentage of GDP | -13.9% |
| 2006 | 47.36 Percentage of GDP | -4.0% |
| 2007 | 56.69 Percentage of GDP | +19.7% |
| 2008 | 48.38 Percentage of GDP | -14.7% |
| 2009 | 50.07 Percentage of GDP | +3.5% |
| 2010 | 47.07 Percentage of GDP | -6.0% |
| 2011 | 49.51 Percentage of GDP | +5.2% |
| 2012 | 35.86 Percentage of GDP | -27.6% |
| 2013 | 37.57 Percentage of GDP | +4.8% |
| 2014 | 35.22 Percentage of GDP | -6.2% |
| 2015 | 35.53 Percentage of GDP | +0.9% |
| 2016 | 39.84 Percentage of GDP | +12.1% |
| 2017 | 44.55 Percentage of GDP | +11.8% |
| 2018 | 43.07 Percentage of GDP | -3.3% |
| 2019 | 41.91 Percentage of GDP | -2.7% |
| 2020 | 47.63 Percentage of GDP | +13.7% |
| 2021 | 49.56 Percentage of GDP | +4.0% |
| 2022 | 40.9 Percentage of GDP | -17.5% |
| 2023 | 38.3 Percentage of GDP | -6.3% |
| 2024 | 59.61 Percentage of GDP | +55.6% |
| 2025 | 51.31 Percentage of GDP | -13.9% |
| 2026 | 59.19 Percentage of GDP | +15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.82 Percentage of GDP | 28.77 Percentage of GDP | 57.26 Percentage of GDP | 10 |
| 2010s | 41.01 Percentage of GDP | 35.22 Percentage of GDP | 49.51 Percentage of GDP | 10 |
| 2020s | 49.5 Percentage of GDP | 38.3 Percentage of GDP | 59.61 Percentage of GDP | 7 |
Countries ranked near Norway
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)
- Exports of goods and services (current LCU), annual growth rate 0.2872 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 4.72 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 446,191 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.39 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3461 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 32,736 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 7.95 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2338 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is government debt by instrument coverage — sdrs, currency and deposits in Norway?
- Government debt by instrument coverage — sdrs, currency and deposits in Norway was 59.19 Percentage of GDP in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest government debt by instrument coverage — sdrs, currency and deposits recorded in Norway?
- The highest recorded value was 59.61 Percentage of GDP in 2024.
- What is the lowest government debt by instrument coverage — sdrs, currency and deposits recorded in Norway?
- The lowest recorded value was 28.77 Percentage of GDP in 2000.
- How does Norway rank for government debt by instrument coverage — sdrs, currency and deposits?
- Norway ranks 14th out of 20 countries with data for 2026.
- Is government debt by instrument coverage — sdrs, currency and deposits rising or falling in Norway?
- Over the last ten years it is up 48.6%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Government debt by instrument coverage — SDRs, currency and deposits, debt securities, loans and other accounts payable. Statizoid updates them automatically from the source API.
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About this data
The magnitude of government debt and debt-to-GDP ratios varies depending on which measure of debt is used. To promote international comparability, the IMF, the OECD and the World Bank have agreed on a set of standard debt measures, which are defined in the Public Sector Debt Statistics Guide for Compilers and Users and the Government Finance Statistics Manual 2014. Government gross debt is shown in four categories: D1 to D4. D1 is the narrowest measure, comprising only two financial instruments: debt securities and loans. D4 (‘total gross debt’) is the broadest measure and includes debt securities, loans, Special Drawing Rights, currency and deposits, other accounts payable and insurance, pensions and standardised guarantees. The D1 to D3 measures are comparable between OECD countries. D4 is the preferred measure of debt in the international accounting standards (System of National Accounts or SNA) but cross-country comparability is more difficult for D4 because countries have different approaches to recording unfunded pension liabilities for government employees. For more information, please see the document: Measuring Government Debt: D1-D4