Denmark vs Norway: Net lending (+) / net borrowing (-), Transactions

Denmark
88.45 billion
in 2025
Norway
571.60 billion
in 2025
Denmark rank
2nd
Norway rank
1st

Net lending (+) / net borrowing (-), Transactions over time

  • Denmark
  • Norway
0500.0B1.0T1.5T199620102025

How they compare

Norway currently reports 571.60 billion against 88.45 billion in Denmark, a difference of 483.15 billion.

That makes Norway's figure about 6.5 times Denmark's.

The two have swapped places 2 times across 24 shared years of data; in 2002 it was Norway ahead.

Denmark ranks 2nd and Norway ranks 1st of 35 countries.

Norway has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Denmark Norway Difference Ahead
2000s 39.85 billion 285.06 billion 245.21 billion Norway
2010s 1.31 billion 264.97 billion 263.66 billion Norway
2020s 87.18 billion 652.06 billion 564.87 billion Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net lending (+) / net borrowing (-), transactions, Denmark or Norway?
Norway, at 571.60 billion against 88.45 billion in Denmark as of 2025.
What is the difference in net lending (+) / net borrowing (-), transactions between Denmark and Norway?
483.15 billion, with Norway ahead.
How many years of comparable data are there for Denmark and Norway?
24 years are reported by both, from 2002 to 2025.
How do Denmark and Norway rank globally for net lending (+) / net borrowing (-), transactions?
Denmark ranks 2nd and Norway ranks 1st of 35 countries.
Where does this data come from?
International Monetary Fund, published as Net lending (+) / net borrowing (-), Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Norway: Net lending (+) / net borrowing (-), Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 22 August 2026, from https://debt.statizoid.com/compare/net-lending-net-borrowing-transactions-statement-of-operations-general-government/denmark/norway/

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About this data

Indicator
Net lending (+) / net borrowing (-), Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.