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Norway: General government debt (% of GDP)

Percent of GDP · 1880–2024 · 139 observations · forecasts to 2031 · gen_govdebt_GDP

2024
52.8%percent of GDP
Change on 2023
+10.4 pointsfrom 42.4%
Average, 2015–2024
39.8%10 years
Record high and low
71.2% (1946)low 14.1% (1916)

General government debt (% of GDP)

Report error
10%20%30%40%50%60%70%80%18801900192019401960198020002020NorwayNorway
ForecastPercent of GDP

Compare with other countries →Definition of General government debt (% of GDP)

Recent values

Percent of GDP

YearValue
203125.5Forecast
203029.0Forecast
202932.5Forecast
202835.9Forecast
202739.4Forecast
202642.9Forecast
202545.0Forecast
202452.8
202342.4
202234.8
202140.1
202044.3
201939.0
201838.1
201736.9
201636.7
201533.2

Sources

  • IMF Historical Public Debt Database1880–2015
  • Jordà-Schularick-Taylor1880–2020
  • IMF Fiscal Policy Panel1880–2023
  • IMF Global Debt Database1970–2024
  • IMF World Economic Outlook1980–2024
  • OECD Economic Outlook1995–2023
  • IMF WEO (forecast)2024–2031

Compare these sources →

Norway documentation (PDF)

More for Norway

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

General government debt (% of GDP) elsewhere

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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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