Gross debt, General government, Percent of fiscal year GDP in Norway
Norway: Gross debt, General government, Percent of fiscal year GDP was 27.94 in 2015. ▲ Rising
Latest (2015)
27.94
Change on year
unchanged
World rank
154th
of 188 countries
All-time high
61.35
in 1993
All-time low
10.15
in 1917
Years of data
124
1880–2015
Gross debt, General government, Percent of fiscal year GDP in Norway, 1880–2015
Source: International Monetary Fund.
Analysis
In 2015, gross debt, general government, percent of fiscal year gdp in Norway stood at 27.94.
Compared with earlier readings it is down 33.5% over ten years.
Over the whole period, gross debt, general government, percent of fiscal year gdp in Norway peaked at 61.35 in 1993 and was at its lowest, 10.15, in 1917.
Norway ranks 154th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 124 years of available data.
Gross debt, General government, Percent of fiscal year GDP in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1880 | 15.77 | — |
| 1881 | 15.54 | -1.5% |
| 1882 | 14.97 | -3.7% |
| 1883 | 14.92 | -0.3% |
| 1884 | 15.74 | +5.5% |
| 1885 | 16.66 | +5.8% |
| 1886 | 17.47 | +4.9% |
| 1887 | 17.51 | +0.2% |
| 1888 | 17.78 | +1.5% |
| 1889 | 16.16 | -9.1% |
| 1890 | 16.19 | +0.2% |
| 1891 | 16.81 | +3.8% |
| 1892 | 16.92 | +0.7% |
| 1893 | 21.46 | +26.8% |
| 1894 | 18.99 | -11.5% |
| 1895 | 20.52 | +8.0% |
| 1896 | 22.23 | +8.3% |
| 1897 | 21.23 | -4.5% |
| 1898 | 21.37 | +0.7% |
| 1899 | 22.66 | +6.0% |
| 1900 | 21.79 | -3.8% |
| 1901 | 25.07 | +15.0% |
| 1902 | 25.3 | +0.9% |
| 1903 | 26.17 | +3.4% |
| 1904 | 29.81 | +13.9% |
| 1905 | 32.47 | +8.9% |
| 1906 | 29.7 | -8.5% |
| 1907 | 27.54 | -7.3% |
| 1908 | 26.71 | -3.0% |
| 1909 | 26.67 | -0.2% |
| 1910 | 26.93 | +1.0% |
| 1911 | 25.11 | -6.7% |
| 1912 | 22.66 | -9.8% |
| 1913 | 19.69 | -13.1% |
| 1914 | 18.62 | -5.4% |
| 1915 | 16.24 | -12.8% |
| 1916 | 10.93 | -32.7% |
| 1917 | 10.15 | -7.1% |
| 1918 | 14.59 | +43.8% |
| 1919 | 16.27 | +11.5% |
| 1920 | 15.06 | -7.4% |
| 1921 | 21.85 | +45.1% |
| 1922 | 25.75 | +17.8% |
| 1923 | 27.9 | +8.4% |
| 1924 | 27.8 | -0.4% |
| 1925 | 30.74 | +10.6% |
| 1926 | 34.67 | +12.8% |
| 1927 | 37.18 | +7.3% |
| 1928 | 38.73 | +4.2% |
| 1929 | 36.34 | -6.2% |
| 1930 | 35.76 | -1.6% |
| 1931 | 39.51 | +10.5% |
| 1932 | 39.51 | +0.0% |
| 1933 | 40.43 | +2.3% |
| 1934 | 37.51 | -7.2% |
| 1935 | 35.59 | -5.1% |
| 1936 | 32.01 | -10.1% |
| 1937 | 28.02 | -12.4% |
| 1938 | 25.66 | -8.4% |
| 1939 | 24.44 | -4.8% |
| 1947 | 53.05 | +117.0% |
| 1948 | 45.54 | -14.2% |
| 1949 | 41.68 | -8.5% |
| 1950 | 28.98 | -30.5% |
| 1951 | 24.11 | -16.8% |
| 1953 | 23.82 | -1.2% |
| 1954 | 24.08 | +1.1% |
| 1955 | 26.77 | +11.2% |
| 1956 | 27.02 | +0.9% |
| 1957 | 26.9 | -0.4% |
| 1958 | 28.76 | +6.9% |
| 1960 | 29.78 | +3.5% |
| 1961 | 27.68 | -7.1% |
| 1962 | 26.74 | -3.4% |
| 1963 | 25.28 | -5.4% |
| 1964 | 19.03 | -24.7% |
| 1965 | 22.49 | +18.2% |
| 1967 | 22.61 | +0.5% |
| 1968 | 22.47 | -0.6% |
| 1969 | 22.32 | -0.7% |
| 1970 | 23.63 | +5.9% |
| 1971 | 24.3 | +2.9% |
| 1972 | 26.09 | +7.3% |
| 1973 | 26.36 | +1.0% |
| 1974 | 26.11 | -0.9% |
| 1975 | 27.57 | +5.6% |
| 1976 | 27.76 | +0.7% |
| 1977 | 32.99 | +18.8% |
| 1978 | 38.46 | +16.6% |
| 1979 | 42.06 | +9.4% |
| 1980 | 36.9 | -12.3% |
| 1983 | 38.86 | +5.3% |
| 1984 | 38.63 | -0.6% |
| 1985 | 40.75 | +5.5% |
| 1986 | 51.09 | +25.4% |
| 1987 | 42.77 | -16.3% |
| 1988 | 36.25 | -15.3% |
| 1989 | 36.21 | -0.1% |
| 1990 | 32.22 | -11.0% |
| 1991 | 44.28 | +37.4% |
| 1992 | 51.06 | +15.3% |
| 1993 | 61.35 | +20.1% |
| 1994 | 51.42 | -16.2% |
| 1995 | 38.46 | -25.2% |
| 1996 | 34.12 | -11.3% |
| 1997 | 30.2 | -11.5% |
| 1998 | 28.71 | -4.9% |
| 1999 | 24.32 | -15.3% |
| 2000 | 28.1 | +15.5% |
| 2001 | 26.7 | -5.0% |
| 2002 | 33.49 | +25.4% |
| 2003 | 42.67 | +27.4% |
| 2004 | 43.47 | +1.9% |
| 2005 | 42.01 | -3.4% |
| 2006 | 52.33 | +24.6% |
| 2007 | 49.2 | -6.0% |
| 2008 | 47.26 | -3.9% |
| 2009 | 41.97 | -11.2% |
| 2010 | 42.37 | +0.9% |
| 2011 | 28.88 | -31.8% |
| 2012 | 30.02 | +3.9% |
| 2013 | 30.3 | +0.9% |
| 2014 | 27.94 | -7.8% |
| 2015 | 27.94 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1880s | 16.25 | 14.92 | 17.78 | 10 |
| 1890s | 19.84 | 16.19 | 22.66 | 10 |
| 1900s | 27.12 | 21.79 | 32.47 | 10 |
| 1910s | 18.12 | 10.15 | 26.93 | 10 |
| 1920s | 29.6 | 15.06 | 38.73 | 10 |
| 1930s | 33.84 | 24.44 | 40.43 | 10 |
| 1940s | 46.76 | 41.68 | 53.05 | 3 |
| 1950s | 26.31 | 23.82 | 28.98 | 8 |
| 1960s | 24.27 | 19.03 | 29.78 | 9 |
| 1970s | 29.53 | 23.63 | 42.06 | 10 |
| 1980s | 40.18 | 36.21 | 51.09 | 8 |
| 1990s | 39.61 | 24.32 | 61.35 | 10 |
| 2000s | 40.72 | 26.7 | 52.33 | 10 |
| 2010s | 31.24 | 27.94 | 42.37 | 6 |
Countries ranked near Norway
More external debt data for Norway
- Other investment, Debt instruments 329.56 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 21.69 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 136.58 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 58,736 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.6209 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 387.41 billion (2025)
- Net lending (+) / net borrowing (-), General government, Percent of 8.77 (2030)
- Other investment, Debt instruments, Deposit taking corporations 10.09 % change on previous year (2025)
- Primary net lending (+) / net borrowing (-), General government 6.7 (2030)
- Other investment, Debt instruments, Deposit taking corporations 24,342 US dollar per person (2025)
Frequently asked questions
- What is gross debt, general government, percent of fiscal year gdp in Norway?
- Gross debt, general government, percent of fiscal year gdp in Norway was 27.94 in 2015, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of fiscal year gdp recorded in Norway?
- The highest recorded value was 61.35 in 1993.
- What is the lowest gross debt, general government, percent of fiscal year gdp recorded in Norway?
- The lowest recorded value was 10.15 in 1917.
- How does Norway rank for gross debt, general government, percent of fiscal year gdp?
- Norway ranks 154th out of 188 countries with data for 2015.
- Is gross debt, general government, percent of fiscal year gdp rising or falling in Norway?
- Over the last ten years it is down 33.5%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of fiscal year GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
The Historical Public Debt Database contains unbalanced panel data on Gross Domestic Product, Gross Government Debt, and Debt to GDP Ratio for 187 countries. The series spans the years 1800 through 2015 although each country’s data depends on its date of independence and data availability.