Norway recorded a government budget surplus of 27195 NOK Million in the first quarter of 2026. Government Budget Value in Norway averaged 36984.18 NOK Million from 1991 until 2026, reaching an all time high of 361263.00 NOK Million in the fourth quarter of 2022 and a record low of -114258.00 NOK Million in the second quarter of 2020. source: Statistics Norway

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	588777.00	579326.00	NOK Million	Mar 2026
Government Budget	10.40	12.70	percent of GDP	Dec 2025
Government Budget Value	27195.00	-23768.00	NOK Million	Mar 2026
Government Debt	827337.00	737486.00	NOK Million	Mar 2026
Government Debt to GDP	54.30	53.20	percent of GDP	Dec 2025
Government Revenues	615972.00	555558.00	NOK Million	Mar 2026
Government Spending	296339.00	295149.00	NOK Million	Mar 2026

Norway Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.