Revenue, excluding grants in Norway
Norway: Revenue, excluding grants was 51.5% in 2024. ▲ Rising
Revenue, excluding grants in Norway, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Norway recorded 51.5% for revenue, excluding grants in 2024.
That represents a change of down 1.5% on the previous year and up 15.3% over ten years.
Over the whole period, revenue, excluding grants in Norway peaked at 54.4% in 2022 and was at its lowest, 31.3%, in 1975.
That places Norway 4th out of 157 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 53 years of available data.
Revenue, excluding grants in Norway, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 31.6% | — |
| 1973 | 31.9% | +1.0% |
| 1974 | 31.5% | -1.4% |
| 1975 | 31.3% | -0.5% |
| 1976 | 32.7% | +4.2% |
| 1977 | 33.2% | +1.7% |
| 1978 | 33.6% | +1.1% |
| 1979 | 34.3% | +2.1% |
| 1980 | 36.8% | +7.3% |
| 1981 | 38.4% | +4.5% |
| 1982 | 38.0% | -1.2% |
| 1983 | 39.2% | +3.1% |
| 1984 | 38.3% | -2.3% |
| 1985 | 39.7% | +3.8% |
| 1986 | 42.2% | +6.2% |
| 1987 | 40.3% | -4.3% |
| 1988 | 40.3% | -0.0% |
| 1989 | 39.3% | -2.5% |
| 1990 | 41.1% | +4.4% |
| 1991 | 40.7% | -0.9% |
| 1992 | 39.3% | -3.3% |
| 1993 | 38.4% | -2.5% |
| 1994 | 39.1% | +1.9% |
| 1995 | 41.9% | +7.1% |
| 1996 | 43.1% | +2.8% |
| 1997 | 42.8% | -0.6% |
| 1998 | 41.4% | -3.2% |
| 1999 | 42.4% | +2.2% |
| 2000 | 47.7% | +12.6% |
| 2001 | 46.6% | -2.2% |
| 2002 | 47.0% | +0.7% |
| 2003 | 45.9% | -2.3% |
| 2004 | 47.1% | +2.5% |
| 2005 | 48.2% | +2.3% |
| 2006 | 50.2% | +4.3% |
| 2007 | 49.5% | -1.4% |
| 2008 | 50.2% | +1.4% |
| 2009 | 46.5% | -7.4% |
| 2010 | 46.0% | -1.1% |
| 2011 | 47.6% | +3.4% |
| 2012 | 47.3% | -0.6% |
| 2013 | 45.1% | -4.7% |
| 2014 | 44.6% | -1.0% |
| 2015 | 44.0% | -1.4% |
| 2016 | 43.7% | -0.6% |
| 2017 | 43.6% | -0.2% |
| 2018 | 45.1% | +3.4% |
| 2019 | 45.7% | +1.3% |
| 2020 | 42.9% | -6.2% |
| 2021 | 45.8% | +6.7% |
| 2022 | 54.4% | +18.9% |
| 2023 | 52.3% | -4.0% |
| 2024 | 51.5% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.5% | 31.3% | 34.3% | 8 |
| 1980s | 39.3% | 36.8% | 42.2% | 10 |
| 1990s | 41.0% | 38.4% | 43.1% | 10 |
| 2000s | 47.9% | 45.9% | 50.2% | 10 |
| 2010s | 45.3% | 43.6% | 47.6% | 10 |
| 2020s | 49.4% | 42.9% | 54.4% | 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)
- Gross capital formation (current US$), annual growth rate 3.94 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2321 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 21,958 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 0.5503 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 2.41 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 228,273 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -2.84 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1955 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in Norway?
- Revenue, excluding grants in Norway was 51.5% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Norway?
- The highest recorded value was 54.4% in 2022.
- What is the lowest revenue, excluding grants recorded in Norway?
- The lowest recorded value was 31.3% in 1975.
- How does Norway rank for revenue, excluding grants?
- Norway ranks 4th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Norway?
- Over the last ten years it is up 15.3%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.