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Norway: Central government deficit (% of GDP)

Percent of GDP · 1865–2025 · 128 observations · cgovdef_GDP

2025
11.1%percent of GDP
Change on 2024
−2.6 pointsfrom 13.7%
Average, 2016–2025
9.92%10 years
Record high and low
25.4% (2022)low −5.47% (1921)

Central government deficit (% of GDP)

Report error
-10%-5%0%5%10%15%20%25%30%18801900192019401960198020002020NorwayNorway
Percent of GDP

Compare with other countries →Definition of Central government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
202511.1
202413.7
202316.7
202225.4
20219.60
2020-2.00
20197.20
20188.00
20175.20
20164.30

Sources

  • Mitchell1865–1967
  • Flandreau & Zumer1881–1913
  • IMF Government Finance Statistics1995–2024
  • World Development Indicators1995–2024
  • Eurostat1995–2025

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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