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Norway External and Government Debt

Norway National Debt Data

Indicator Data Period
Government Debt to GDP 43.2 % 2021
External Debt 7110386 NOK Million | 654.061 B USD 2Q/22
Government Debt 708589 NOK Million | 708.589 B USD 2Q/22


Latest data on Government Debt to GDP (%)

Government Debt to GDP
                     Norway - Historical Data (%)

What is Norway Government Debt to GDP Ratio?

  • Government Debt to GDP in Norway decreased to 43.2 % in 2021. The maximum level was 53.7 % and minimum was 28.7 %
  • Data published Yearly by Statistics.

Historical Data (%) by years

Data
Period
Date
43.2 2021 27.04.2022
46 2020 07.09.2021
40.6 2019 22.04.2020
36.3 2018 29.10.2019
36.2 2017 16.04.2018
35.6 2016 11.08.2017
32 2015 31.12.2015
27.4 2014 31.12.2014


Historical Chart by prime ministers (%)

Government Debt to GDP in Norway by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Erna Solberg 16.10.2013 - 29.7000 35.6000 35.6000 27.4000 19.87%
Jens Stoltenberg 17.10.2005 - 16.10.2013 41.3000 29.1000 52.0000 27.5000 -29.54%
Kjell Magne 19.10.2001 - 17.10.2005 29.2000 42.6000 42.6000 29.2000 45.89%
Jens Stoltenberg 17.03.2000 - 19.10.2001 34.2000 34.2000 34.2000 34.2000 0.00%
Kjell Magne (2) 17.10.1997 - 17.03.2000 32.1000 31.0000 32.1000 30.3000 -3.43%
Thorbjorn Jagland 25.10.1996 - 17.10.1997 36.6000 36.6000 36.6000 36.6000 0.00%
Gro Harlem (3) 03.11.1990 - 25.10.1996 28.9000 40.9000 53.7000 28.9000 41.52%
Jan Peder Syse 16.10.1989 - 03.11.1990 32.3000 32.3000 32.3000 32.3000 0.00%
Gro Harlem (2) 09.05.1986 - 16.10.1989 46.0000 32.4000 46.0000 32.4000 -29.57%
Kare Willoch 14.10.1981 - 09.05.1986 43.1000 36.9000 43.1000 35.1000 -14.39%


Latest data on External Debt (NOK Million)

External Debt
                     Norway - Historical Data (NOK Million)

What is external debt of Norway?

  • External Debt in Norway increased to 7110386 NOK Million (654.061 B USD) in the second quarter of 2022. The maximum debt was 6638702 NOK Million and minimum was 0 NOK Million
  • Data published Quarterly by Ministry of Finance.

Historical Data (NOK Million) by years

Data
Period
Date
7110386 2Q/22 10.09.2022
6462276 1Q/22 04.06.2022
6389569 4Q/21 05.03.2022
6265186 3Q/21 18.01.2022
6116277 2Q/21 04.09.2021
6063991 1Q/21 05.06.2021
6151512 4Q/20 06.03.2021
6239407 3Q/20 05.12.2020


Historical Chart by prime ministers (NOK Million)

External Debt in Norway by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Erna Solberg 16.10.2013 - 5388325.0000 5319100.0000 5388325.0000 5289054.0000 -1.28%


Latest data on Government Debt (NOK Million)

Government Debt
                     Norway - Historical Data (NOK Million)

How much is National Debt of Norway?

  • Government Debt in Norway remained unchanged at 708589 NOK Million (708.589 B USD) in the second quarter of 2022. The maximum volume was 765174 NOK Million and minimum was 8631 NOK Million
  • Data published Quarterly by Statistics.

Historical Data (NOK Million) by years

Data
Period
Date
708589 2Q/22 10.09.2022
797324 1Q/22 18.06.2022
652533 4Q/21 12.03.2022
721937 3Q/21 18.01.2022
628081 2Q/21 18.09.2021
765174 1Q/21 12.06.2021
637963 4Q/20 20.03.2021
743263 3Q/20 19.12.2020


Historical Chart by prime ministers (NOK Million)

Government Debt in Norway by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Erna Solberg 16.10.2013 - 522047.0000 522047.0000 522047.0000 522047.0000 0.00%

Other budget indicators in Norway

Index Updated Actual Previous
Fiscal Expenditure  2Q/22 39.635 B USD 39.79
Government Budget to GDP 2021 9.1 % -2.6
Military Expenditure 2020 7.514 B USD 7.52

Government Debt to GDP in other countries

Country Updated Actual Previous
Austria 2021 82.8 % 83.3
Ireland 2021 56 % 58.4
Luxembourg 2021 24.4 % 24.8
Spain 2021 118 % 120
Iceland 2021 75 % 77.4
Norway 2021 43.2 % 45.9
Belarus 4Q/21 33.5 % 37.3
Belgium 2021 108 % 113
Bulgaria Aug/22 20.7 % 20.7
Croatia 2021 79.8 % 87.3
Cyprus 2021 104 % 115
Czech Republic 2021 41.9 % 37.7
Denmark 2021 36.7 % 42.1
Estonia 2021 18.1 % 19
Euro Area 2021 95.6 % 97.2
European Union 2021 88.1 % 90
Finland 2021 65.8 % 69
France 2021 113 % 115
Germany 2021 69.3 % 68.7
Greece 2021 193 % 206
Hungary 2021 76.8 % 79.6
Italy 2021 151 % 155
Latvia 2021 44.8 % 43.3
Lithuania 2021 44.3 % 46.6
Macedonia 2021 51.8 % 51.9
Malta 2021 57 % 53.4
Moldova 2021 32.1 % 34
Montenegro 2020 103 % 74.91
Netherlands 2021 52.4 % 54.7
Poland 2021 53.8 % 57.1
Portugal 2021 127 % 135
Romania 2021 48.8 % 47.2
Russia 2021 18.2 % 17.7
Serbia 2021 56.5 % 57
Slovakia 2021 63.1 % 59.7
Slovenia 2021 74.7 % 79.8
Sweden 2021 36.7 % 39.6
Switzerland 2021 41.4 % 42.6
Turkey 2021 42 % 39.7
Ukraine 2021 48.9 % 60.8
United Kingdom 2021 95.9 % 93.9
Albania 2021 78.1 % 75.7
Bosnia and Herzegovina 2021 24.8 % 25.5
Kosovo 2021 23.34 % 22.44