Norway Tax Revenue: % of GDP

2002 - 2023 | Quarterly | % | CEIC Data

Key information about Norway Tax revenue: % of GDP

  • Norway Tax revenue: % of GDP was reported at 31.9 % in Jun 2023.
  • This records a decrease from the previous number of 32.0 % for Mar 2023.
  • Norway Tax revenue: % of GDP data is updated quarterly, averaging 32.0 % from Mar 2002 to Jun 2023, with 86 observations.
  • The data reached an all-time high of 38.5 % in Sep 2022 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.

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 2023 in the chart:

Norway Tax Revenue: % of GDP

What was Norway's Tax Revenue: % of GDP in Jun 2023?

Norway Tax revenue: % of GDP was reported at 31.9 % in Jun 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
31.9 Jun 2023 32.0 Mar 2023 26.2 Mar 2020 38.5 Sep 2022 % quarterly Mar 2002 - Jun 2023

Tax Revenue: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) 19.6 2022 yearly 2008 - 2022
Algeria (%) 5.4 2021 yearly 1997 - 2021
Argentina (%) 16.6 Jun 2023 quarterly Mar 2004 - Jun 2023
Armenia (%) 25.1 Mar 2023 quarterly Mar 2008 - Mar 2023
Australia (%) 34.9 Jun 2023 quarterly Sep 2002 - Jun 2023
Austria (%) 27.1 Jun 2023 quarterly Mar 2001 - Jun 2023
Azerbaijan (%) 15.6 2022 yearly 1993 - 2022
Bahrain (%) 5.2 2022 yearly 1990 - 2022
Bangladesh (%) 8.0 2022 yearly 2006 - 2022
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 29.7 2022 yearly 1980 - 2022
Bolivia (%) 17.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 21.7 2022 yearly 2005 - 2022
Botswana (%) 34.0 Jun 2023 quarterly Jun 2007 - Jun 2023
Brazil (%) 14.7 Sep 2023 quarterly Sep 1994 - Sep 2023
Brunei (%) 1.6 2022 yearly 2010 - 2022
Bulgaria (%) 26.8 Sep 2023 quarterly Mar 2003 - Sep 2023
Cambodia (%) 18.3 2022 yearly 2013 - 2022
Canada (%) 13.1 Jun 2023 quarterly Mar 1996 - Jun 2023
Chile (%) 22.8 2022 yearly 1990 - 2022
China (%) 12.3 Sep 2023 quarterly Mar 1995 - Sep 2023
Colombia (%) 22.1 Jun 2023 quarterly Mar 2000 - Jun 2023
Croatia (%) 26.2 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 20.3 Jun 2023 quarterly Mar 1995 - Jun 2023
Czech Republic (%) 20.7 Jun 2023 quarterly Mar 1995 - Jun 2023
Denmark (%) 43.5 Jun 2023 quarterly Mar 1999 - Jun 2023
Ecuador (%) 13.7 Jun 2023 quarterly Mar 2000 - Jun 2023
Egypt (%) 5.3 2022 yearly 2005 - 2022
Estonia (%) 21.9 Jun 2023 quarterly Mar 1999 - Jun 2023
European Union (%) 26.7 2022 yearly 1995 - 2022
Finland (%) 31.1 Jun 2023 quarterly Mar 1999 - Jun 2023
France (%) 16.1 Sep 2023 quarterly Mar 2006 - Sep 2023
Georgia (%) 25.4 Jun 2023 quarterly Mar 2006 - Jun 2023
Germany (%) 23.5 Jun 2023 quarterly Mar 1991 - Jun 2023
Ghana (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 22.5 Mar 2023 quarterly Mar 1999 - Mar 2023
Hong Kong SAR, China (%) 4.8 Sep 2023 quarterly Sep 1979 - Sep 2023
Hungary (%) 25.9 Jun 2023 quarterly Mar 1999 - Jun 2023
Iceland (%) 32.3 Jun 2023 quarterly Mar 2002 - Jun 2023
India (%) 6.1 Jun 2023 quarterly Jun 1997 - Jun 2023
Indonesia (%) 9.0 Sep 2023 quarterly Mar 2014 - Sep 2023
Iran (%) 5.1 2020 yearly 1996 - 2020
Ireland (%) 17.7 Jun 2023 quarterly Mar 2000 - Jun 2023
Israel (%) 22.1 Jun 2023 quarterly Mar 2001 - Jun 2023
Italy (%) 28.9 Jun 2023 quarterly Mar 1999 - Jun 2023
Ivory Coast (%) 11.7 2022 yearly 1960 - 2022
Japan (%) 10.4 Sep 2023 quarterly Jun 1983 - Sep 2023
Jordan (%) 15.2 2018 yearly 1999 - 2018
Kazakhstan (%) 24.9 Jun 2023 quarterly Mar 2008 - Jun 2023
Kenya (%) 7.1 2022 yearly 2006 - 2022
South Korea (%) 16.6 Jun 2023 quarterly Mar 2000 - Jun 2023
Kosovo (%) 27.0 Jun 2023 quarterly Mar 2010 - Jun 2023
Kuwait (%) 1.5 2020 yearly 1988 - 2020
Kyrgyzstan (%) 28.3 Jun 2023 quarterly Mar 2007 - Jun 2023
Laos (%) 11.3 2022 yearly 2012 - 2022
Latvia (%) 22.4 Jun 2023 quarterly Mar 1999 - Jun 2023
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 24.1 Jun 2023 quarterly Mar 1999 - Jun 2023
Luxembourg (%) 27.2 2022 yearly 1995 - 2022
Macau SAR, China (%) 19.0 2022 yearly 2002 - 2022
North Macedonia (%) 17.9 Jun 2023 quarterly Mar 2004 - Jun 2023
Malawi (%) 11.4 2021 yearly 2009 - 2021
Malaysia (%) 12.5 Jun 2023 quarterly Mar 1991 - Jun 2023
Malta (%) 25.6 Jun 2023 quarterly Mar 2000 - Jun 2023
Mauritius (%) 21.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Mexico (%) 14.2 Jun 2023 quarterly Mar 1993 - Jun 2023
Moldova (%) 21.1 2022 yearly 2004 - 2022
Mongolia (%) 26.0 Jun 2023 quarterly Mar 2000 - Jun 2023
Montenegro (%) 26.9 Jun 2023 quarterly Mar 2012 - Jun 2023
Morocco (%) 22.5 Jun 2022 quarterly Mar 2007 - Jun 2022
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 25.1 Jun 2023 quarterly Mar 1999 - Jun 2023
New Zealand (%) 30.4 2022 yearly 1999 - 2022
Norway (%) 31.9 Jun 2023 quarterly Mar 2002 - Jun 2023
Oman (%) 3.7 2021 yearly 1996 - 2021
Pakistan (%) 5.6 2022 yearly 2000 - 2022
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 6.9 Sep 2022 quarterly Mar 2007 - Sep 2022
Paraguay (%) 11.6 Jun 2023 quarterly Mar 1998 - Jun 2023
Peru (%) 15.7 Jun 2023 quarterly Mar 1990 - Jun 2023
Philippines (%) 15.2 Sep 2023 quarterly Mar 1985 - Sep 2023
Poland (%) 16.8 Jun 2023 quarterly Mar 2007 - Jun 2023
Portugal (%) 22.3 Jun 2023 quarterly Mar 1999 - Jun 2023
Russia (%) 21.3 Jun 2023 quarterly Mar 1996 - Jun 2023
Serbia (%) 41.7 Jun 2023 quarterly Mar 2005 - Jun 2023
Singapore (%) 16.7 Jun 2023 quarterly Dec 1987 - Jun 2023
Slovakia (%) 15.1 Jun 2023 quarterly Mar 2005 - Jun 2023
Slovenia (%) 20.5 Jun 2023 quarterly Mar 2000 - Jun 2023
South Africa (%) 22.5 Jun 2023 quarterly Mar 1990 - Jun 2023
Spain (%) 24.6 2021 yearly 1995 - 2021
Sri Lanka (%) 10.1 Jun 2023 quarterly Mar 2014 - Jun 2023
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 21.9 2022 yearly 1995 - 2022
Switzerland (%) 28.3 2020 yearly 1990 - 2020
Taiwan (%) 11.1 Sep 2023 quarterly Mar 1975 - Sep 2023
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.3 2021 yearly 1990 - 2021
Tunisia (%) 24.6 2022 yearly 1991 - 2022

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Norway Key Series

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Includes 252 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 (%) 24.0 Jun 2023 quarterly Dec 2002 - Jun 2023
Consolidated Fiscal Balance (USD mn) 21,364.769 Jun 2023 quarterly Mar 2002 - Jun 2023
Tax Revenue (USD mn) 39,706.155 Mar 2023 quarterly Mar 2002 - Mar 2023
Tax Revenue: % of GDP (%) 31.9 Jun 2023 quarterly Mar 2002 - Jun 2023
National Government Debt (USD mn) 211,756.9 2022 yearly 1995 - 2022
Government Debt: % of GDP (%) 37.4 2022 yearly 1995 - 2022
Forecast: Government Expenditure (NOK bn) 2,771.664 2028 yearly 1980 - 2028
Forecast: Government Net Debt (NOK bn) 2,191.302 2028 yearly 1980 - 2028
Forecast: Government Revenue (NOK bn) 3,394.141 2028 yearly 1980 - 2028
General Govt Taxes: GS: Value Added Tax (NOK mn) 370,700.000 2022 yearly 1995 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.276 2028 yearly 1980 - 2028
Trade Balance (USD mn) 7,882.6 Oct 2023 monthly Jan 1957 - Oct 2023
Total Exports (USD mn) 15,816.2 Oct 2023 monthly Jan 1975 - Oct 2023
Total Exports Growth (%) -9.0 Oct 2023 monthly Jan 1976 - Oct 2023
Aluminum: Exports (USD th) 6,135,979.913 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 448,682.646 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 277,185.408 2022 yearly 1995 - 2022
Total Imports (USD mn) 7,933.6 Oct 2023 monthly Jan 1976 - Oct 2023
Total Imports Growth (%) -6.8 Oct 2023 monthly Jan 1977 - Oct 2023
Imports: Medicament (USD th) 1,781,332.513 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,061,381.998 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 496.003 Oct 2023 monthly Jan 1988 - Oct 2023
Total Imports from USA (USD mn) 471.806 Oct 2023 monthly Apr 1963 - Oct 2023
Total Exports to China (USD mn) 272.475 Oct 2023 monthly Mar 1977 - Oct 2023
Total Imports from China (USD mn) 906.103 Oct 2023 monthly Apr 1963 - Oct 2023
Exports: Crude Oil (NOK mn) 49,539.000 Oct 2023 monthly Jan 1974 - Oct 2023
Imports (NOK mn) 87,447.000 Oct 2023 monthly Jan 1976 - Oct 2023
Exports (NOK mn) 174,332.000 Oct 2023 monthly Jan 1975 - Oct 2023
Exports: Netherlands (NOK th) 14,667,313.000 Oct 2023 monthly Jan 1988 - Oct 2023
Exports: United Kingdom (NOK th) 30,040,800.000 Oct 2023 monthly Jan 1988 - Oct 2023
Exports: Sweden (NOK th) 11,745,522.000 Oct 2023 monthly Jan 1988 - Oct 2023
Exports: Germany (NOK th) 33,819,182.000 Oct 2023 monthly Jan 1988 - Oct 2023
Exports: France (NOK th) 12,315,495.000 Oct 2023 monthly Jan 1988 - Oct 2023
Exports: 1-Digit: Chemical and Related Product (NOK th) 6,865,606.000 Oct 2023 monthly Jan 1988 - Oct 2023
Exports: 1-Digit: Food and Live Animals (NOK th) 18,361,339.000 Oct 2023 monthly Jan 1988 - Oct 2023
Exports: 1-Digit: Manufactured Goods (NOK th) 10,380,381.000 Oct 2023 monthly Jan 1988 - Oct 2023
Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 120,643,274.000 Oct 2023 monthly Jan 1988 - Oct 2023
Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 10,804,639.000 Oct 2023 monthly Jan 1988 - Oct 2023
Import Volume Index: sa: Beverages and Tobacco (2000=100) 263.000 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: sa: Miscellaneous Manufactured Goods (2000=100) 142.900 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: sa: Animal and Vegetable Oil and Fats (2000=100) 364.300 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: Animal and Vegetable Oil and Fats (2000=100) 441.500 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: sa: Machinery and Transport Equipment (2000=100) 171.600 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: sa: Food and Live Animals (2000=100) 190.300 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: Food and Live Animals (2000=100) 193.800 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: Miscellaneous Manufactured Goods (2000=100) 145.100 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: Beverages and Tobacco (2000=100) 253.900 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: sa (2000=100) 169.100 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index: Machinery and Transport Equipment (2000=100) 163.500 Sep 2023 quarterly Mar 1989 - Sep 2023
Import Volume Index (2000=100) 165.400 Sep 2023 quarterly Mar 1989 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,148.7 Jun 2023 quarterly Mar 1994 - Jun 2023
Current Account Balance (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
Current Account Balance: % of GDP (%) 14.4 Jun 2023 quarterly Mar 1981 - Jun 2023
Foreign Direct Investment (USD mn) -1,763.3 Jun 2023 quarterly Mar 2005 - Jun 2023
Foreign Direct Investment: % of GDP (%) -0.9 Dec 2022 quarterly Mar 2005 - Dec 2022
Foreign Portfolio Investment (USD mn) -4,157.095 Jun 2023 quarterly Mar 1994 - Jun 2023
Foreign Portfolio Investment: % of GDP (%) -3.7 Jun 2023 quarterly Mar 1994 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -1,416.9 Jun 2023 quarterly Mar 2005 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -2,740.158 Jun 2023 quarterly Mar 2005 - Jun 2023
External Debt (USD mn) 737,752.2 Jun 2023 quarterly Mar 2003 - Jun 2023
External Debt: % of GDP (%) 135.8 2022 yearly 2003 - 2022
External Debt: Short Term (USD mn) 320,746.7 Jun 2023 quarterly Mar 2012 - Jun 2023
External Debt: Short Term: % of GDP (%) 58.8 2022 yearly 2012 - 2022
Total Debt: % of GDP (%) 535.6 Jun 2023 quarterly Dec 1995 - Jun 2023
Forecast: Current Account Balance (USD bn) 86.845 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 1,383,663.405 Jun 2023 quarterly Mar 2012 - Jun 2023
BoP: Financial Account (FA): Foreign Assets (NOK mn) 102,490.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) 12,294.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) 258,647.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Assets: Other Investments (NOK mn) -171,135.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Assets: Reserve Assets (NOK mn) 2,684.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Liabilities (NOK mn) -160,624.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) -18,872.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) -44,492.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Liabilities: Other Investments (NOK mn) -97,260.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: BI: Net Current Transfers (NOK mn) -24,571.000 Jun 2023 quarterly Mar 1981 - Jun 2023
BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 61,807.000 Jun 2023 quarterly Mar 1981 - Jun 2023
BoP: Current Account Balance (NOK mn) 171,339.000 Jun 2023 quarterly Mar 1981 - Jun 2023
IIP: Foreign Assets (NOK mn) 25,416,092.000 Jun 2023 quarterly Mar 2012 - Jun 2023
IIP: Foreign Liabilities (NOK mn) 10,595,950.000 Jun 2023 quarterly Mar 2012 - Jun 2023
Gross External Debt (NOK mn) 7,901,916.000 Jun 2023 quarterly Mar 2012 - Jun 2023
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) 1,542,388.000 2022 yearly 2004 - 2022
Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 2,508.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 84,769.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 17,239.000 2022 yearly 2004 - 2022
Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 203,949.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 278,938.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
No of Bankruptcies: SIC 2007 (Unit) 946.000 Sep 2023 quarterly Mar 2006 - Sep 2023
No of New Registered Enterprises (Unit) 17,062.000 Sep 2023 quarterly Mar 2001 - Sep 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 2022 yearly 1990 - 2022
Household Debt: % of GDP (%) 85.1 Jun 2023 quarterly Dec 1995 - Jun 2023
Money Supply M1 (USD mn) 257,067.240 Sep 2023 monthly Dec 1992 - Sep 2023
Money Supply M2 (USD mn) 291,321.056 Sep 2023 monthly Dec 1992 - Sep 2023
M2 Growth (%) -1.5 Sep 2023 monthly Dec 1993 - Sep 2023
Reserve Requirement Ratio (%) 3.3 Sep 2023 monthly Oct 2011 - Sep 2023
Foreign Exchange Reserves (USD mn) 69,196.1 Oct 2023 monthly Jan 1999 - Oct 2023
Foreign Exchange Reserves: % of GDP (%) 14.070 Jun 2023 quarterly Mar 1999 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 8.8 Oct 2023 monthly Jan 1999 - Oct 2023
Gold Reserves (USD mn) 0.000 Oct 2023 monthly Dec 1959 - Oct 2023
Total Deposits (USD mn) 457,309.760 Sep 2023 monthly May 2009 - Sep 2023
Total Deposits Growth (%) -1.5 Sep 2023 monthly May 2010 - Sep 2023
Domestic Credit (USD mn) 675,941.9 Sep 2023 monthly Dec 1985 - Sep 2023
Domestic Credit Growth (%) 4.1 Sep 2023 monthly Dec 1986 - Sep 2023
Debt Service Ratio: Households (%) 13.500 Mar 2023 quarterly Mar 1999 - Mar 2023
Debt Service Ratio: Private Non-Financial Sector (%) 25.800 Mar 2023 quarterly Mar 1999 - Mar 2023
Credit to Households (USD bn) 412.916 Mar 2023 quarterly Mar 1975 - Mar 2023
Credit to Private Non-Financial Sector (USD bn) 1,043.527 Mar 2023 quarterly Dec 1953 - Mar 2023
Household Debt (USD mn) 430,059.9 Jun 2023 quarterly Dec 1995 - Jun 2023
Total Loans (USD mn) 732,453.067 Sep 2023 monthly Mar 1996 - Sep 2023
Total Loans Growth (%) 5.34 Sep 2023 monthly Mar 1997 - Sep 2023
Private Debt: % of Nominal GDP (%) 111.09 Jun 2023 quarterly Mar 1996 - Jun 2023
Official Reserve Assets (NOK mn) 870,102.000 Oct 2023 monthly Jan 1999 - Oct 2023
Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 695,213.000 Oct 2023 monthly Jan 1999 - Oct 2023
Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
Non Performing Loans Ratio: Enterprises (%) 0.500 2022 yearly 1990 - 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 5.7 Sep 2023 monthly Feb 2005 - Sep 2023
Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

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