Norway recorded a government budget deficit of 23768 NOK Million in the fourth quarter of 2025. Government Budget Value in Norway averaged 37054.10 NOK Million from 1991 until 2025, 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	579326.00	469150.00	NOK Million	Dec 2025
Government Budget	13.20	16.50	percent of GDP	Dec 2024
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

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.