Norway Total Debt: % of GDP

1995 - 2022 | Quarterly | % | CEIC Data

Key information about Norway Total Debt: % of GDP

  • Norway Total Debt accounted for 548.6 % of the country's GDP in 2022, compared with the ratio of 573.2 % in the previous quarter.
  • Norway Total Debt: % of GDP data is updated quarterly, available from Dec 1995 to Jun 2022.
  • The data reached an all-time high of 711.0 % in Dec 2020 and a record low of 391.3 % in Dec 1996.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as Total Liabilities less Equity & Investment Fund Shares. Liabilities of the Rest of the World are subtracted from Total Liabilities. Statistics Norway provides Total Debt in local currency and Nominal GDP in local currency.

View Norway's Total Debt: % of GDP from Dec 1995 to Jun 2022 in the chart:

Norway Total Debt: % of GDP

What was Norway's Total Debt: % of GDP in Jun 2022?

Norway Total Debt accounted for 548.6 % of the country's GDP in 2022, compared with the ratio of 573.2 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
548.6 Jun 2022 573.2 Mar 2022 391.3 Dec 1996 711.0 Dec 2020 % quarterly Dec 1995 - Jun 2022

Total Debt: % of GDP by Country Comparison

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country/region Last Frequency Range
Australia (%) 276.0 Jun 2022 quarterly Jun 1988 - Jun 2022
Austria (%) 592.8 Jun 2022 quarterly Mar 1999 - Jun 2022
Belgium (%) 786.6 Jun 2022 quarterly Dec 1998 - Jun 2022
Bulgaria (%) 385.6 2021 yearly 1995 - 2021
Canada (%) 921.0 Jun 2022 quarterly Mar 1990 - Jun 2022
Croatia (%) 471.5 Jun 2022 quarterly Mar 2012 - Jun 2022
Cyprus (%) 1,399.3 2021 yearly 1995 - 2021
Czech Republic (%) 410.1 Jun 2022 quarterly Mar 2008 - Jun 2022
Denmark (%) 953.1 2020 yearly 1994 - 2020
Estonia (%) 369.0 Jun 2022 quarterly Dec 2003 - Jun 2022
European Union (%) 807.8 2021 yearly 2001 - 2021
Finland (%) 684.4 2021 yearly 1995 - 2021
France (%) 994.9 Jun 2022 quarterly Mar 1996 - Jun 2022
Germany (%) 651.6 Jun 2022 quarterly Mar 1999 - Jun 2022
Greece (%) 638.6 Jun 2022 quarterly Dec 1997 - Jun 2022
Hungary (%) 474.5 Jun 2022 quarterly Dec 1995 - Jun 2022
Iceland (%) 764.7 2021 yearly 2003 - 2021
Ireland (%) 1,120.8 Sep 2021 quarterly Mar 2002 - Sep 2021
Italy (%) 666.2 Jun 2022 quarterly Dec 1995 - Jun 2022
Japan (%) 1,366.0 Jun 2022 quarterly Jun 1998 - Jun 2022
South Korea (%) 758.4 Jun 2022 quarterly Dec 2008 - Jun 2022
Latvia (%) 333.0 Jun 2022 quarterly Mar 2004 - Jun 2022
Lithuania (%) 312.8 Jun 2022 quarterly Dec 1995 - Jun 2022
Luxembourg (%) 7,754.9 Mar 2022 quarterly Dec 1995 - Mar 2022
North Macedonia (%) 342.7 2020 yearly 2013 - 2020
Malta (%) 1,322.2 Jun 2022 quarterly Mar 2004 - Jun 2022
Mexico (%) 110.4 Sep 2022 quarterly Dec 2000 - Sep 2022
Netherlands (%) 1,072.5 Jun 2022 quarterly Mar 1999 - Jun 2022
New Zealand (%) 587.8 2019 yearly 2006 - 2019
Norway (%) 548.6 Jun 2022 quarterly Dec 1995 - Jun 2022
Poland (%) 313.2 Jun 2022 quarterly Mar 2004 - Jun 2022
Portugal (%) 573.3 Jun 2022 quarterly Dec 1995 - Jun 2022
Romania (%) 249.2 Mar 2022 quarterly Mar 2007 - Mar 2022
Slovakia (%) 476.4 Mar 2022 quarterly Dec 2012 - Mar 2022
Slovenia (%) 358.8 Jun 2022 quarterly Mar 2004 - Jun 2022
Spain (%) 707.4 Jun 2022 quarterly Dec 1995 - Jun 2022
Sweden (%) 802.9 Jun 2022 quarterly Mar 1996 - Jun 2022
Switzerland (%) 1,056.3 2021 yearly 1999 - 2021
Taiwan (%) 893.9 2020 yearly 2000 - 2020
Turkey (%) 371.6 Jun 2022 quarterly Dec 2014 - Jun 2022
Ukraine (%) 298.1 2020 yearly 2009 - 2020
United Kingdom (%) 1,061.5 Jun 2022 quarterly Mar 1987 - Jun 2022
United States (%) 779.9 Jun 2022 quarterly Dec 1951 - Jun 2022

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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
Imports (NOK mn) 91,226.000 Oct 2022 monthly Jan 1976 - Oct 2022
Exports: Crude Oil (NOK mn) 47,238.000 Oct 2022 monthly Jan 1974 - 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: Netherlands (NOK th) 15,071,639.000 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: 1-Digit: Machinery and Transport Equipment (NOK th) 8,362,235.000 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: Chemical and Related Product (NOK th) 7,659,200.000 Oct 2022 monthly Jan 1988 - Oct 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
Import Volume Index: Machinery and Transport Equipment (2000=100) 197.800 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) 171.2 Sep 2022 quarterly Mar 2005 - Sep 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 8,032.562 Sep 2022 quarterly Mar 2005 - Sep 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: 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: 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: 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: 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
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
IIP: Foreign Liabilities (NOK mn) 9,770,595.000 Jun 2022 quarterly Mar 2012 - Jun 2022
IIP: Foreign Assets (NOK mn) 20,580,871.000 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: Africa (NOK mn) 17,817.000 2020 yearly 2004 - 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: Belgium (NOK mn) 7,900.000 2020 yearly 1998 - 2020
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 92,627.000 2020 yearly 1998 - 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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