Net lending (+) / net borrowing (-), Transactions in Norway

Norway: Net lending (+) / net borrowing (-), Transactions was 571.60 billion in 2025. β—† Volatile

Latest (2025)
571.60 billion
Change on year
down 16.6%
World rank
1st
of 35 countries
All-time high
1.46 trillion
in 2022
All-time low
-94.78 billion
in 2020
Years of data
27
1996–2025

Net lending (+) / net borrowing (-), Transactions in Norway, 1996–2025

0500.0B1.0T1.5T1996201020251996: 65.0B1997: 85.4B1998: 37.9B2002: 141.2B2003: 117.0B2004: 193.7B2005: 294.0B2006: 397.8B2007: 402.1B2008: 485.9B2009: 248.7B2010: 283.2B2011: 373.0B2012: 408.1B2013: 327.6B2014: 270.0B2015: 187.1B2016: 125.7B2017: 165.0B2018: 275.7B2019: 234.3B2020: -94.8B2021: 445.9B2022: 1.5T2023: 843.1B2024: 685.7B2025: 571.6B

Source: International Monetary Fund.

Analysis

In 2025, net lending (+) / net borrowing (-), transactions in Norway stood at 571.60 billion.

The figure is down 16.6% on the previous year and up 205.4% over ten years.

Over the whole period, net lending (+) / net borrowing (-), transactions in Norway peaked at 1.46 trillion in 2022 and was at its lowest, -94.78 billion, in 2020.

That places Norway 1st out of 35 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 62.76 billion 37.87 billion 85.43 billion 3
2000s 285.06 billion 117.01 billion 485.90 billion 8
2010s 264.97 billion 125.67 billion 408.07 billion 10
2020s 652.06 billion -94.78 billion 1.46 trillion 6

Countries ranked near Norway

  1. 2 Denmark 88.45 billion compare
  2. 3 Ireland 11.22 billion compare
  3. 4 Greece 3.18 billion compare

See the full ranking of 35 places β†’

More external debt data for Norway

All data for Norway β†’

Frequently asked questions

What is net lending (+) / net borrowing (-), transactions in Norway?
Net lending (+) / net borrowing (-), transactions in Norway was 571.60 billion in 2025, according to International Monetary Fund.
What is the highest net lending (+) / net borrowing (-), transactions recorded in Norway?
The highest recorded value was 1.46 trillion in 2022.
What is the lowest net lending (+) / net borrowing (-), transactions recorded in Norway?
The lowest recorded value was -94.78 billion in 2020.
How does Norway rank for net lending (+) / net borrowing (-), transactions?
Norway ranks 1st out of 35 countries with data for 2025.
Is net lending (+) / net borrowing (-), transactions rising or falling in Norway?
Over the last ten years it is up 205.4%. 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 lending (+) / net borrowing (-), Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.

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Net lending (+) / net borrowing (-), Transactions in Norway. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://debt.statizoid.com/stat/net-lending-net-borrowing-transactions-statement-of-operations-general-government/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.