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Norway: Government deficit

Millions of local currency · 1865–2025 · 155 observations · forecasts to 2031 · govdef

2025
548 billionlocal currency
Change on 2024
−15.3%year on year
Average growth, 2015–2025
+11.7%a year

Government deficit

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-500B0500B1T1.5T1875190019251950197520002025NorwayNorway
ForecastLocal currency

Compare with other countries →Definition of Government deficit

Recent values

Millions of local currency

YearValue
2031398,513Forecast
2030415,861Forecast
2029427,123Forecast
2028436,049Forecast
2027461,452Forecast
2026691,127Forecast
2025548,122
2024647,462
2023810,401
20221,410,295
2021432,393
2020-90,001
2019226,607
2018268,244
2017159,509
2016121,525

Sources

This series is derived from other GMD variables.

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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