Norway External and Government Debt
Norway National Debt Data
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 37.4 % | 2022 |
| External Debt | 7901916 NOK Million | 728.187 B USD | 2Q/23 |
| Government Debt | 682331 NOK Million | 682.331 B USD | 2Q/23 |
Latest data on Government Debt to GDP (%)
What is Norway Government Debt to GDP Ratio?
- Government Debt to GDP in Norway decreased to 37.4 % in 2022. The maximum level was 53.7 % and minimum was 28.7 %
- Data published Yearly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 37.4 | 2022 | 17.04.2023 |
| 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 |
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)
What is external debt of Norway?
- External Debt in Norway increased to 7901916 NOK Million (728.187 B USD) in the second quarter of 2023. 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
| 7901916 | 2Q/23 | 08.09.2023 |
| 7876208 | 1Q/23 | 10.06.2023 |
| 7549121 | 4Q/22 | 04.03.2023 |
| 7971397 | 3Q/22 | 10.12.2022 |
| 7110386 | 2Q/22 | 10.09.2022 |
| 6462276 | 1Q/22 | 04.06.2022 |
| 6389569 | 4Q/21 | 05.03.2022 |
| 6265186 | 3Q/21 | 18.01.2022 |
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)
How much is National Debt of Norway?
- Government Debt in Norway remained unchanged at 682331 NOK Million (682.331 B USD) in the second quarter of 2023. 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
| 682331 | 2Q/23 | 12.09.2023 |
| 839757 | 1Q/23 | 17.06.2023 |
| 733264 | 4Q/22 | 18.03.2023 |
| 826889 | 3Q/22 | 17.12.2022 |
| 708589 | 2Q/22 | 10.09.2022 |
| 797324 | 1Q/22 | 18.06.2022 |
| 652533 | 4Q/21 | 12.03.2022 |
| 721937 | 3Q/21 | 18.01.2022 |
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/23 | 43.292 B USD | 44.341 |
| Government Budget to GDP | 2022 | 26 % | 10.6 |
| Military Expenditure | 2022 | 8.388 B USD | 8.435 |
Government Debt to GDP in other countries
| Country | Updated | Actual | Previous |
| Austria | 2022 | 78.4 % | 82.3 |
| Ireland | 2022 | 44.7 % | 55.4 |
| Luxembourg | 2022 | 24.6 % | 24.5 |
| Spain | 2022 | 113 % | 118 |
| Iceland | 2022 | 68.7 % | 75.3 |
| Norway | 2022 | 37.4 % | 42.5 |
| Belarus | 4Q/21 | 32.8 % | 37.3 |
| Belgium | 2022 | 105 % | 109 |
| Bulgaria | Aug/23 | 20.2 % | 20.2 |
| Croatia | 2022 | 68.4 % | 78.4 |
| Cyprus | 2022 | 86.5 % | 101 |
| Czech Republic | 2022 | 44.2 % | 42 |
| Denmark | 2022 | 30.1 % | 36.7 |
| Estonia | 2022 | 18.5 % | 17.6 |
| Euro Area | 2022 | 91.5 % | 95.4 |
| European Union | 2022 | 84 % | 88 |
| Finland | 2022 | 73 % | 72.6 |
| France | 2022 | 112 % | 113 |
| Germany | 2022 | 66.3 % | 69.3 |
| Greece | 2022 | 171 % | 195 |
| Hungary | 2022 | 73.3 % | 76.6 |
| Italy | 2022 | 145 % | 150 |
| Latvia | 2022 | 40.8 % | 43.7 |
| Lithuania | 2022 | 38.4 % | 43.7 |
| Macedonia | 2022 | 51 % | 52 |
| Malta | 2022 | 53.4 % | 55.1 |
| Moldova | 2021 | 32.1 % | 34 |
| Montenegro | 2022 | 69.46 % | 83.27 |
| Netherlands | 2022 | 51 % | 52.5 |
| Poland | 2022 | 49.1 % | 53.6 |
| Portugal | 2022 | 114 % | 125 |
| Romania | 2022 | 47.3 % | 48.6 |
| Russia | 2022 | 17.2 % | 17.6 |
| Serbia | 2022 | 55.1 % | 56.5 |
| Slovakia | 2022 | 57.8 % | 61 |
| Slovenia | 2022 | 69.9 % | 74.5 |
| Sweden | 2022 | 33 % | 36.5 |
| Switzerland | 2022 | 41.4 % | 41.7 |
| Turkey | 2022 | 31.7 % | 41.8 |
| Ukraine | 2022 | 78.4 % | 48.9 |
| United Kingdom | 2022 | 101 % | 97.2 |
| Albania | 2022 | 67 % | 73.2 |
| Bosnia and Herzegovina | 2022 | 20.3 % | 24.1 |
| Kosovo | 2022 | 20.74 % | 21.53 |
