Norway Government Deficit (% of GDP) (2024)
Norway's Government Deficit (% of GDP): 13.2 % of GDP in 2024, -3.3pp YoY. Eurostat (GOV_10A_MAIN), 2000–2024.
Norway (2024)
13.2
% of GDP
-3.3pp YoY
YoY Change
-3.3pp
percentage points
Trend
down
Series length
25
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 13.2 | -3.3pp |
| 2023 | 16.5 | -9pp |
| 2022 | 25.5 | +15.2pp |
| 2021 | 10.3 | +13pp |
| 2020 | -2.7 | -9.2pp |
| 2019 | 6.5 | -1.2pp |
| 2018 | 7.7 | +2.7pp |
| 2017 | 5 | +1pp |
| 2016 | 4 | -2pp |
| 2015 | 6 | -2.5pp |
| 2014 | 8.5 | -2.1pp |
| 2013 | 10.6 | -3.1pp |
| 2012 | 13.7 | +0.4pp |
| 2011 | 13.3 | +2.4pp |
| 2010 | 10.9 | +0.7pp |
| 2009 | 10.2 | -8.3pp |
| 2008 | 18.5 | +1.5pp |
| 2007 | 17 | -0.9pp |
| 2006 | 17.9 | +3.2pp |
| 2005 | 14.7 | n/a |
About this Dataset
Norway recorded 13.2 % of GDP in 2024. The most recent year-on-year change was -3.3pp. The historical series (2000–2024) shows a peak of 25.5 in 2022 and a trough of -2.7 in 2020.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology ensuring cross-country comparability within the European statistical framework.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks norway government deficit (% of gdp) in Norway, published by Eurostat. Data covers 2000–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. Eurostat typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 25.5 % of GDP in 2022 and reached its lowest recorded value of -2.7 in 2020. The latest reading of 13.2 in 2024 represents a year-on-year change of -3.3pp.