Norway recorded a government debt equivalent to 36.20 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Norway averaged 38.01 percent from 1980 until 2017, reaching an all time high of 53.70 percent in 1993 and a record low of 27.30 percent in 2014.

Government Debt to GDP in Norway is expected to be 34.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Debt to GDP is projected to trend around 30.00 percent in 2020, according to our econometric models.

Norway Government Debt to GDP
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Norway Government Last Previous Highest Lowest Unit
Government Debt to GDP 36.20 35.30 53.70 27.30 percent [+]
Government Budget 4.40 4.00 18.70 3.20 percent of GDP [+]
Government Budget Value 29995.00 3111.00 198910.00 -60215.00 NOK Million [+]
Government Spending 198549.00 198026.00 198549.00 67663.00 NOK Million [+]
Government Spending to GDP 50.30 50.80 55.80 40.20 percent [+]
Government Revenues 324043.00 341375.00 404678.00 50596.00 NOK Million [+]
Government Debt 629080.00 633565.00 734596.00 8631.00 NOK Million [+]
Fiscal Expenditure 294048.00 338264.00 345906.00 74482.00 NOK Million [+]
Military Expenditure 6329.60 5997.40 6329.60 827.60 USD Million [+]
Credit Rating 98.71 [+]
Asylum Applications 280.00 390.00 8570.00 130.00 persons [+]


Norway Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Norway Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
36.20 35.30 53.70 27.30 1980 - 2017 percent Yearly




Country Last Previous
Japan 253.00 Dec/17
Italy 131.80 Dec/17
Singapore 110.60 Dec/17
United States 105.40 Dec/17
Spain 98.30 Dec/17
France 97.00 Dec/17
Canada 89.60 Dec/17
Euro Area 86.70 Dec/17
United Kingdom 85.30 Dec/17
Brazil 74.04 Dec/17
India 68.70 Dec/17
Germany 64.10 Dec/17
Argentina 57.10 Dec/17
Netherlands 56.70 Dec/17
South Africa 53.10 Dec/17
China 47.60 Dec/17
Mexico 46.40 Dec/17
Australia 41.90 Dec/17
South Korea 38.00 Dec/17
Switzerland 29.70 Dec/17
Indonesia 28.70 Dec/17
Turkey 28.30 Dec/17
Saudi Arabia 17.20 Dec/17
Russia 12.60 Dec/17


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