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Norway: Government debt (% of GDP)

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

Government debt (% of GDP)

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

Compare with other countries →Definition of 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

This series is derived from other GMD variables.

Norway documentation (PDF)

More for Norway

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

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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