Norway recorded a Government Budget surplus equal to 10.40 percent of the country's Gross Domestic Product in 2025. Government Budget in Norway averaged 10.12 percent of GDP from 1995 until 2025, reaching an all time high of 24.60 percent of GDP in 2022 and a record low of -2.60 percent of GDP in 2020. source: EUROSTAT

Government Budget in Norway is expected to reach 7.50 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Budget is projected to trend around 6.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 165.00 200.00 persons Mar 2026
Fiscal Expenditure 579326.00 469150.00 NOK Million Dec 2025
Government Budget 10.40 12.70 percent of GDP Dec 2025
Government Budget Value -23768.00 26212.00 NOK Million Dec 2025
Government Debt 737487.00 844207.00 NOK Million Dec 2025
Government Debt to GDP 55.10 44.50 percent of GDP Dec 2024
Government Revenues 555558.00 495362.00 NOK Million Dec 2025
Government Spending 291375.00 290341.00 NOK Million Dec 2025
Government Spending to GDP 49.50 47.80 percent of GDP Dec 2025


Norway Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
10.40 12.70 24.60 -2.60 1995 - 2025 percent of GDP Yearly