Norway recorded a Government Debt to GDP of 55.10 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Norway averaged 39.02 percent of GDP from 1980 until 2024, reaching an all time high of 55.10 percent of GDP in 2024 and a record low of 28.50 percent of GDP in 2014. source: Statistics Norway
Government Debt to GDP in Norway is expected to reach 55.50 percent of GDP by the end of 2025, 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 56.00 percent of GDP in 2026 and 56.50 percent of GDP in 2027, according to our econometric models.