Norway Tax Revenue: % of GDP

2002 - 2022 | Quarterly | % | CEIC Data

Key information about Norway Tax revenue: % of GDP

  • Norway Tax revenue: % of GDP was reported at 34.9 % in Jun 2022.
  • This records an increase from the previous number of 34.1 % for Mar 2022.
  • Norway Tax revenue: % of GDP data is updated quarterly, averaging 31.9 % from Mar 2002 to Jun 2022, with 82 observations.
  • The data reached an all-time high of 34.9 % in Dec 2021 and a record low of 26.2 % in Mar 2020.
  • Norway Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly: Europe and Central Asia.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from quarterly Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as the sum of Tax on Income and Wealth, Tax on Goods and Services and Tax on Capital. Statistics Norway provides Tax Revenue in local currency and Nominal GDP in local currency.

View Norway's Tax Revenue: % of GDP from Mar 2002 to Jun 2022 in the chart:

Norway Tax Revenue: % of GDP

What was Norway's Tax Revenue: % of GDP in Jun 2022?

Norway Tax revenue: % of GDP was reported at 34.9 % in Jun 2022. See the table below for more data.

Last Previous Min Max Unit Frequency Range
34.9 Jun 2022 34.1 Mar 2022 26.2 Mar 2020 34.9 Dec 2021 % quarterly Mar 2002 - Jun 2022

Tax Revenue: % of GDP by Country Comparison

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Includes Tax Revenue: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 19.3 2021 yearly 2008 - 2021
Algeria (%) 5.8 2018 yearly 1997 - 2018
Argentina (%) 16.4 Jun 2022 quarterly Mar 2004 - Jun 2022
Armenia (%) 25.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Australia (%) 31.4 Jun 2022 quarterly Sep 2002 - Jun 2022
Austria (%) 28.2 Jun 2022 quarterly Mar 2001 - Jun 2022
Azerbaijan (%) 15.4 2020 yearly 1993 - 2020
Bahrain (%) 3.7 2021 yearly 1990 - 2021
Bangladesh (%) 7.9 2021 yearly 2006 - 2021
Belarus (%) 22.1 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 30.0 2021 yearly 1980 - 2021
Bolivia (%) 18.3 2018 yearly 1990 - 2018
Bosnia and Herzegovina (%) 22.0 2021 yearly 2005 - 2021
Botswana (%) 34.6 Jun 2022 quarterly Jun 2007 - Jun 2022
Brazil (%) 16.1 Sep 2022 quarterly Sep 1994 - Sep 2022
Brunei (%) 1.8 2021 yearly 2010 - 2021
Bulgaria (%) 26.4 Sep 2022 quarterly Mar 2003 - Sep 2022
Cambodia (%) 16.3 2021 yearly 2013 - 2021
Canada (%) 11.7 Sep 2022 quarterly Mar 1996 - Sep 2022
Chile (%) 20.4 2021 yearly 1990 - 2021
China (%) 12.6 Sep 2022 quarterly Mar 1995 - Sep 2022
Colombia (%) 16.6 Sep 2022 quarterly Mar 2000 - Sep 2022
Croatia (%) 25.8 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 19.8 Jun 2022 quarterly Mar 1995 - Jun 2022
Czech Republic (%) 20.9 Jun 2022 quarterly Mar 1995 - Jun 2022
Denmark (%) 41.0 Jun 2022 quarterly Mar 1999 - Jun 2022
Ecuador (%) 13.8 Jun 2022 quarterly Mar 2000 - Jun 2022
Egypt (%) 5.4 2021 yearly 2005 - 2021
Estonia (%) 21.5 Jun 2022 quarterly Mar 2000 - Jun 2022
European Union (%) 26.9 2021 yearly 1995 - 2021
Finland (%) 32.1 Jun 2022 quarterly Mar 1999 - Jun 2022
France (%) 16.9 Sep 2022 quarterly Mar 2006 - Sep 2022
Georgia (%) 22.5 Jun 2022 quarterly Mar 2006 - Jun 2022
Germany (%) 23.2 Sep 2022 quarterly Mar 1991 - Sep 2022
Ghana (%) 13.7 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 29.5 Jun 2022 quarterly Mar 1999 - Jun 2022
Hong Kong SAR, China (%) 5.3 Sep 2022 quarterly Sep 1979 - Sep 2022
Hungary (%) 25.1 Jun 2022 quarterly Mar 1999 - Jun 2022
Iceland (%) 29.9 Jun 2022 quarterly Mar 2002 - Jun 2022
India (%) 7.7 Sep 2022 quarterly Jun 1997 - Sep 2022
Indonesia (%) 10.0 Sep 2022 quarterly Mar 2014 - Sep 2022
Iran (%) 5.9 2019 yearly 1996 - 2019
Ireland (%) 17.1 Jun 2022 quarterly Mar 2000 - Jun 2022
Israel (%) 24.1 Sep 2022 quarterly Mar 2001 - Sep 2022
Italy (%) 29.0 Jun 2022 quarterly Mar 1999 - Jun 2022
Ivory Coast (%) 12.0 2018 yearly 1960 - 2018
Japan (%) 12.8 Sep 2022 quarterly Jun 1983 - Sep 2022
Jordan (%) 15.3 2018 yearly 1999 - 2018
Kazakhstan (%) 27.3 Jun 2022 quarterly Mar 2008 - Jun 2022
Kenya (%) 7.2 2021 yearly 2006 - 2021
South Korea (%) 18.2 Sep 2022 quarterly Mar 2000 - Sep 2022
Kosovo (%) 25.1 Jun 2022 quarterly Mar 2010 - Jun 2022
Kuwait (%) 1.5 2020 yearly 1986 - 2020
Kyrgyzstan (%) 22.4 Sep 2022 quarterly Mar 2007 - Sep 2022
Laos (%) 10.0 2021 yearly 2012 - 2021
Latvia (%) 20.8 Jun 2022 quarterly Mar 1999 - Jun 2022
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 23.8 Jun 2022 quarterly Mar 1999 - Jun 2022
Luxembourg (%) 27.5 2021 yearly 1995 - 2021
Macau SAR, China (%) 19.9 2021 yearly 2002 - 2021
North Macedonia (%) 17.5 Sep 2022 quarterly Mar 2004 - Sep 2022
Malawi (%) 11.7 2020 yearly 2009 - 2020
Malaysia (%) 12.9 Sep 2022 quarterly Mar 1991 - Sep 2022
Malta (%) 25.1 Jun 2022 quarterly Mar 2000 - Jun 2022
Mauritius (%) 24.6 Jun 2022 quarterly Mar 2010 - Jun 2022
Mexico (%) 11.9 Sep 2022 quarterly Mar 1993 - Sep 2022
Moldova (%) 20.4 2021 yearly 2004 - 2021
Mongolia (%) 24.6 Sep 2022 quarterly Mar 2000 - Sep 2022
Montenegro (%) 25.9 Jun 2022 quarterly Mar 2012 - Jun 2022
Morocco (%) 22.0 Jun 2022 quarterly Mar 2007 - Jun 2022
Mozambique (%) 18.4 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 29.9 Mar 2022 quarterly Mar 1999 - Mar 2022
New Zealand (%) 31.7 2021 yearly 1999 - 2021
Norway (%) 34.9 Jun 2022 quarterly Mar 2002 - Jun 2022
Oman (%) 3.5 2020 yearly 1996 - 2020
Pakistan (%) 5.7 2021 yearly 2000 - 2021
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 8.4 Jun 2022 quarterly Mar 2007 - Jun 2022
Paraguay (%) 12.2 Jun 2022 quarterly Mar 1998 - Jun 2022
Peru (%) 15.7 Sep 2022 quarterly Mar 1990 - Sep 2022
Philippines (%) 16.1 Sep 2022 quarterly Mar 1985 - Sep 2022
Poland (%) 15.6 Sep 2022 quarterly Mar 2007 - Sep 2022
Portugal (%) 22.9 Jun 2022 quarterly Mar 1999 - Jun 2022
Russia (%) 24.9 Jun 2022 quarterly Mar 1996 - Jun 2022
Serbia (%) 37.1 Sep 2022 quarterly Mar 2005 - Sep 2022
Singapore (%) 15.2 Sep 2022 quarterly Dec 1987 - Sep 2022
Slovakia (%) 15.5 Jun 2022 quarterly Mar 2005 - Jun 2022
Slovenia (%) 19.0 Sep 2022 quarterly Mar 2000 - Sep 2022
South Africa (%) 24.6 Jun 2022 quarterly Mar 1990 - Jun 2022
Spain (%) 24.5 2021 yearly 1995 - 2021
Sri Lanka (%) 8.0 Jun 2022 quarterly Mar 2014 - Jun 2022
Sudan (%) 4.0 2020 yearly 2001 - 2020
Sweden (%) 22.7 2021 yearly 1995 - 2021
Switzerland (%) 28.4 2020 yearly 1990 - 2020
Taiwan (%) 21.0 Sep 2022 quarterly Mar 1975 - Sep 2022
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.3 2021 yearly 1990 - 2021
Tunisia (%) 22.7 2020 yearly 1991 - 2020

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Norway Key Series

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Includes 253 key indicators for Norway, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 19.1 Jun 2022 quarterly Dec 2002 - Jun 2022
Consolidated Fiscal Balance (USD mn) 36,319.057 Jun 2022 quarterly Mar 2002 - Jun 2022
Tax Revenue (USD mn) 49,097.237 Jun 2022 quarterly Mar 2002 - Jun 2022
Tax Revenue: % of GDP (%) 34.9 Jun 2022 quarterly Mar 2002 - Jun 2022
National Government Debt (USD mn) 203,080.5 2021 yearly 1995 - 2021
Government Debt: % of GDP (%) 42.5 2021 yearly 1995 - 2021
Forecast: Government Expenditure (NOK bn) 2,613.027 2027 yearly 1980 - 2027
Forecast: Government Net Debt (NOK bn) 1,998.529 2027 yearly 1980 - 2027
Forecast: Government Revenue (NOK bn) 3,258.024 2027 yearly 1980 - 2027
General Govt Taxes: GS: Value Added Tax (NOK mn) 338,000.000 2021 yearly 1995 - 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.072 2027 yearly 1980 - 2027
Trade Balance (USD mn) 11,890.1 Sep 2022 monthly Jan 1957 - Sep 2022
Total Exports (USD mn) 16,433.6 Oct 2022 monthly Jan 1975 - Oct 2022
Total Exports Growth (%) 10.2 Oct 2022 monthly Jan 1976 - Oct 2022
Aluminum: Exports (USD th) 5,091,821.627 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 443,351.704 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 276,258.280 2021 yearly 1995 - 2021
Total Imports (USD mn) 8,654.2 Oct 2022 monthly Jan 1976 - Oct 2022
Total Imports Growth (%) 25.2 Oct 2022 monthly Jan 1977 - Oct 2022
Imports: Medicament (USD th) 1,827,766.645 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 695,675.854 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 381.616 Oct 2022 monthly Jan 1988 - Oct 2022
Total Imports from USA (USD mn) 455.911 Oct 2022 monthly Apr 1963 - Oct 2022
Total Exports to China (USD mn) 580.215 Oct 2022 monthly Mar 1977 - Oct 2022
Total Imports from China (USD mn) 1,068.272 Oct 2022 monthly Apr 1963 - Oct 2022
Exports: Crude Oil (NOK mn) 47,238.000 Oct 2022 monthly Jan 1974 - Oct 2022
Imports (NOK mn) 91,226.000 Oct 2022 monthly Jan 1976 - Oct 2022
Exports (NOK mn) 173,231.000 Oct 2022 monthly Jan 1975 - Oct 2022
Exports: Germany (NOK th) 36,671,806.000 Oct 2022 monthly Jan 1988 - Oct 2022
Exports: United Kingdom (NOK th) 33,549,975.000 Oct 2022 monthly Jan 1988 - Oct 2022
Exports: Sweden (NOK th) 13,652,203.000 Oct 2022 monthly Jan 1988 - Oct 2022
Exports: France (NOK th) 11,690,163.000 Oct 2022 monthly Jan 1988 - Oct 2022
Exports: Netherlands (NOK th) 15,071,639.000 Oct 2022 monthly Jan 1988 - Oct 2022
Exports: 1-Digit: Food and Live Animals (NOK th) 15,645,066.000 Oct 2022 monthly Jan 1988 - Oct 2022
Exports: 1-Digit: Manufactured Goods (NOK th) 11,557,769.000 Oct 2022 monthly Jan 1988 - Oct 2022
Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 124,079,258.000 Oct 2022 monthly Jan 1988 - Oct 2022
Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 8,362,235.000 Oct 2022 monthly Jan 1988 - Oct 2022
Exports: 1-Digit: Chemical and Related Product (NOK th) 7,659,200.000 Oct 2022 monthly Jan 1988 - Oct 2022
Import Volume Index: Machinery and Transport Equipment (2000=100) 197.800 Jun 2022 quarterly Mar 1989 - Jun 2022
Import Volume Index: Animal and Vegetable Oil and Fats (2000=100) 308.300 Jun 2022 quarterly Mar 1989 - Jun 2022
Import Volume Index (2000=100) 187.800 Jun 2022 quarterly Mar 1989 - Jun 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 10,879.7 Sep 2022 quarterly Mar 1994 - Sep 2022
Current Account Balance (USD mn) 29,371.8 Jun 2022 quarterly Mar 1981 - Jun 2022
Current Account Balance: % of GDP (%) 20.9 Jun 2022 quarterly Mar 1981 - Jun 2022
Foreign Direct Investment (USD mn) 10,331.5 Jun 2022 quarterly Mar 2005 - Jun 2022
Foreign Direct Investment: % of GDP (%) 7.3 Jun 2022 quarterly Mar 2005 - Jun 2022
Foreign Portfolio Investment (USD mn) 2,274.292 Jun 2022 quarterly Mar 1994 - Jun 2022
Foreign Portfolio Investment: % of GDP (%) 1.6 Jun 2022 quarterly Mar 1994 - Jun 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 3,083.9 Jun 2022 quarterly Mar 2005 - Jun 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 3,297.900 Mar 2022 quarterly Mar 2005 - Mar 2022
External Debt (USD mn) 720,980.9 Jun 2022 quarterly Mar 2003 - Jun 2022
External Debt: % of GDP (%) 151.9 2021 yearly 2003 - 2021
External Debt: Short Term (USD mn) 302,985.5 Mar 2022 quarterly Mar 2012 - Mar 2022
External Debt: Short Term: % of GDP (%) 57.9 2021 yearly 2012 - 2021
Total Debt: % of GDP (%) 548.6 Jun 2022 quarterly Dec 1995 - Jun 2022
Forecast: Current Account Balance (USD bn) 32.931 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 1,096,143.418 Jun 2022 quarterly Mar 2012 - Jun 2022
BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) 49,291.000 Jun 2022 quarterly Mar 2005 - Jun 2022
BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) 97,364.000 Jun 2022 quarterly Mar 2005 - Jun 2022
BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) 310,506.000 Jun 2022 quarterly Mar 2005 - Jun 2022
BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) 21,433.000 Jun 2022 quarterly Mar 2005 - Jun 2022
BoP: FA: Foreign Assets: Other Investments (NOK mn) 103,615.000 Jun 2022 quarterly Mar 2005 - Jun 2022
BoP: FA: Foreign Liabilities: Other Investments (NOK mn) 154,216.000 Jun 2022 quarterly Mar 2005 - Jun 2022
BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 52,966.000 Jun 2022 quarterly Mar 1981 - Jun 2022
BoP: Financial Account (FA): Foreign Assets (NOK mn) 489,009.000 Jun 2022 quarterly Mar 2005 - Jun 2022
BoP: FA: Foreign Liabilities (NOK mn) 273,013.000 Jun 2022 quarterly Mar 2005 - Jun 2022
BoP: Current Account Balance (NOK mn) 276,801.000 Jun 2022 quarterly Mar 1981 - Jun 2022
BoP: FA: Foreign Assets: Reserve Assets (NOK mn) 25,597.000 Jun 2022 quarterly Mar 2005 - Jun 2022
BoP: BI: Net Current Transfers (NOK mn) -17,058.000 Jun 2022 quarterly Mar 1981 - Jun 2022
IIP: Foreign Assets (NOK mn) 20,580,871.000 Jun 2022 quarterly Mar 2012 - Jun 2022
IIP: Foreign Liabilities (NOK mn) 9,770,595.000 Jun 2022 quarterly Mar 2012 - Jun 2022
Gross External Debt (NOK mn) 7,110,386.000 Jun 2022 quarterly Mar 2012 - Jun 2022
Gross Debt: External Loan Debt: General Public (NOK mn) 1,222,575.000 Dec 2018 quarterly Dec 2015 - Dec 2018
Foreign Direct Investment: Stock (NOK mn) 1,448,712.000 2020 yearly 2004 - 2020
Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 229,558.000 2020 yearly 1998 - 2020
Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 238,425.000 2020 yearly 1998 - 2020
Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 92,627.000 2020 yearly 1998 - 2020
Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 7,900.000 2020 yearly 1998 - 2020
Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 17,817.000 2020 yearly 2004 - 2020
No of Bankruptcies: SIC 2007 (Unit) 835.000 Sep 2022 quarterly Mar 2006 - Sep 2022
No of New Registered Enterprises (Unit) 17,119.000 Sep 2022 quarterly Mar 2001 - Sep 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.5 2021 yearly 1990 - 2021
Household Debt: % of GDP (%) 89.2 Jun 2022 quarterly Dec 1995 - Jun 2022
Money Supply M1 (USD mn) 272,909.171 Oct 2022 monthly Dec 1992 - Oct 2022
Money Supply M2 (USD mn) 295,384.593 Oct 2022 monthly Dec 1992 - Oct 2022
M2 Growth (%) 7.1 Oct 2022 monthly Dec 1993 - Oct 2022
Reserve Requirement Ratio (%) 1.5 Nov 2022 monthly Oct 2011 - Nov 2022
Foreign Exchange Reserves (USD mn) 69,992.8 Sep 2022 monthly Jan 1999 - Sep 2022
Foreign Exchange Reserves: % of GDP (%) 13.903 Sep 2022 quarterly Mar 1999 - Sep 2022
Foreign Exchange Reserves: Months of Import (NA) 8.0 Oct 2022 monthly Jan 1999 - Oct 2022
Gold Reserves (USD mn) 0.000 Oct 2022 monthly Dec 1959 - Oct 2022
Total Deposits (USD mn) 473,821.883 Oct 2022 monthly May 2009 - Oct 2022
Total Deposits Growth (%) 9.9 Oct 2022 monthly May 2010 - Oct 2022
Domestic Credit (USD mn) 668,521.9 Oct 2022 monthly Dec 1985 - Oct 2022
Domestic Credit Growth (%) 5.5 Oct 2022 monthly Dec 1986 - Oct 2022
Debt Service Ratio: Households (%) 12.600 Jun 2022 quarterly Mar 1999 - Jun 2022
Debt Service Ratio: Private Non-Financial Sector (%) 23.600 Jun 2022 quarterly Mar 1999 - Jun 2022
Credit to Households (USD bn) 421.488 Jun 2022 quarterly Mar 1975 - Jun 2022
Credit to Private Non-Financial Sector (USD bn) 1,129.795 Mar 2022 quarterly Dec 1953 - Mar 2022
Household Debt (USD mn) 449,163.7 Jun 2022 quarterly Dec 1995 - Jun 2022
Total Loans (USD mn) 682,319.926 Sep 2022 monthly Mar 1996 - Sep 2022
Total Loans Growth (%) 7.56 Sep 2022 monthly Mar 1997 - Sep 2022
Private Debt: % of Nominal GDP (%) 105.99 Sep 2022 quarterly Mar 1996 - Sep 2022
Official Reserve Assets (NOK mn) 819,065.000 Oct 2022 monthly Jan 1999 - Oct 2022
Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 693,650.000 Oct 2022 monthly Jan 1999 - Oct 2022
Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
Non Performing Loans Ratio: Enterprises (%) 0.700 2021 yearly 1990 - 2021
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -25.6 Nov 2022 monthly Feb 2005 - Nov 2022
Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

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