Net incurrence of liabilities, Transactions in Norway
Norway: Net incurrence of liabilities, Transactions was 287.53 billion in 2025. ◆ Volatile
Net incurrence of liabilities, Transactions in Norway, 1999–2025
Source: International Monetary Fund.
Analysis
The most recent figure for net incurrence of liabilities, transactions in Norway is 287.53 billion, measured in 2025.
The figure is down 48.7% on the previous year and up 76.0% over ten years.
Over the whole period, net incurrence of liabilities, transactions in Norway peaked at 560.03 billion in 2024 and was at its lowest, -317.41 billion, in 2011.
That places Norway 8th out of 33 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, Transactions in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 46.68 billion | — |
| 2000 | 129.56 billion | +177.6% |
| 2001 | 5.53 billion | -95.7% |
| 2002 | 143.27 billion | +2489.0% |
| 2003 | 145.48 billion | +1.5% |
| 2004 | 143.41 billion | -1.4% |
| 2005 | 35.19 billion | -75.5% |
| 2006 | 361.46 billion | +927.3% |
| 2007 | 85.65 billion | -76.3% |
| 2008 | -183.01 billion | -313.7% |
| 2009 | -183.34 billion | +0.2% |
| 2010 | 95.88 billion | -152.3% |
| 2011 | -317.41 billion | -431.1% |
| 2012 | 83.47 billion | -126.3% |
| 2013 | 60.94 billion | -27.0% |
| 2014 | -38.48 billion | -163.1% |
| 2015 | 163.41 billion | -524.7% |
| 2016 | 130.61 billion | -20.1% |
| 2017 | 103.31 billion | -20.9% |
| 2018 | 149.62 billion | +44.8% |
| 2019 | 42.12 billion | -71.9% |
| 2020 | 176.13 billion | +318.2% |
| 2021 | 244.76 billion | +39.0% |
| 2022 | 348.29 billion | +42.3% |
| 2023 | 195.19 billion | -44.0% |
| 2024 | 560.03 billion | +186.9% |
| 2025 | 287.53 billion | -48.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.68 billion | 46.68 billion | 46.68 billion | 1 |
| 2000s | 68.32 billion | -183.34 billion | 361.46 billion | 10 |
| 2010s | 47.35 billion | -317.41 billion | 163.41 billion | 10 |
| 2020s | 301.99 billion | 176.13 billion | 560.03 billion | 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 net incurrence of liabilities, transactions in Norway?
- Net incurrence of liabilities, transactions in Norway was 287.53 billion in 2025, according to International Monetary Fund.
- What is the highest net incurrence of liabilities, transactions recorded in Norway?
- The highest recorded value was 560.03 billion in 2024.
- What is the lowest net incurrence of liabilities, transactions recorded in Norway?
- The lowest recorded value was -317.41 billion in 2011.
- How does Norway rank for net incurrence of liabilities, transactions?
- Norway ranks 8th out of 33 countries with data for 2025.
- Is net incurrence of liabilities, transactions rising or falling in Norway?
- Over the last ten years it is up 76.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Net incurrence of liabilities, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.
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About this data
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.