Gross public sector debt, Central Government, as a proportion of GDP in Norway
Norway: Gross public sector debt, Central Government, as a proportion of GDP was 39.4% in 2024. ▼ Falling
Gross public sector debt, Central Government, as a proportion of GDP in Norway, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Norway recorded 39.4% for gross public sector debt, central government, as a proportion of gdp in 2024.
Compared with earlier readings it is up 32.9% on the previous year and up 160.7% over ten years.
Over the whole period, gross public sector debt, central government, as a proportion of gdp in Norway peaked at 43.7% in 2006 and was at its lowest, 15.1%, in 2014.
That places Norway 39th out of 53 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Gross public sector debt, Central Government, as a proportion of GDP in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 20.7% | — |
| 2001 | 18.9% | -8.6% |
| 2002 | 25.4% | +34.3% |
| 2003 | 32.6% | +28.2% |
| 2004 | 33.7% | +3.7% |
| 2005 | 32.8% | -2.9% |
| 2006 | 43.7% | +33.3% |
| 2007 | 40.5% | -7.4% |
| 2008 | 38.1% | -5.8% |
| 2009 | 31.3% | -17.9% |
| 2010 | 31.1% | -0.7% |
| 2011 | 17.2% | -44.8% |
| 2012 | 18.0% | +4.9% |
| 2013 | 18.1% | +0.5% |
| 2014 | 15.1% | -16.4% |
| 2015 | 18.7% | +23.4% |
| 2016 | 21.5% | +15.4% |
| 2017 | 22.1% | +2.7% |
| 2018 | 23.6% | +6.6% |
| 2019 | 23.7% | +0.4% |
| 2020 | 26.9% | +13.6% |
| 2021 | 25.9% | -3.6% |
| 2022 | 24.1% | -7.1% |
| 2023 | 29.7% | +23.1% |
| 2024 | 39.4% | +32.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.8% | 18.9% | 43.7% | 10 |
| 2010s | 20.9% | 15.1% | 31.1% | 10 |
| 2020s | 29.2% | 24.1% | 39.4% | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross public sector debt, central government, as a proportion of gdp in Norway?
- Gross public sector debt, central government, as a proportion of gdp in Norway was 39.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest gross public sector debt, central government, as a proportion of gdp recorded in Norway?
- The highest recorded value was 43.7% in 2006.
- What is the lowest gross public sector debt, central government, as a proportion of gdp recorded in Norway?
- The lowest recorded value was 15.1% in 2014.
- How does Norway rank for gross public sector debt, central government, as a proportion of gdp?
- Norway ranks 39th out of 53 countries with data for 2024.
- Is gross public sector debt, central government, as a proportion of gdp rising or falling in Norway?
- Over the last ten years it is up 160.7%. 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 Gross public sector debt, Central Government, as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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