Norway Government Debt To GDP

Norway recorded a Government Debt to GDP of 29.40 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Norway is reported by the Statistics Norway. Government Debt To GDP in Norway averaged 39.29 Percent from 1980 until 2012, reaching an all time high of 53.80 Percent in 2006 and a record low of 28.40 Percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Norway Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
29.40 28.40 53.80 28.40 27.35 | 2012/12 1980 - 2012 Percent Yearly

TO

Norway Government Debt To GDP
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 29.40 2012-12-31 28.40 53.80 28.40 27.35 2012-12-31 Percent [+]
Government Budget Value 43370.00 2013-08-15 108567.00 108567.00 9065.60 96294.61 2013-12-31 NOK Million [+]
Government Spending 153883.00 2013-11-15 153071.00 153883.00 53226.00 157146.85 2014-03-31 NOK Million [+]
Credit Rating 97.77 [+]
Government Budget 13.90 2012-12-31 13.40 19.10 7.30 15.26 2013-12-31 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Norway Current Account at 80480.00 NOK Million  
Norway recorded a Current Account surplus of 80480 NOK Million in the fourth quarter of 2013. Current Account in Norway is reported by the Statistics Norway.
Norway Inflation Rate at 2.00 Percent  
The inflation rate in Norway was recorded at 2 percent in March of 2014. Inflation Rate in Norway is reported by the Statistics Norway.
Norway Bankruptcies at 412.00 Companies  
Bankruptcies in Norway decreased to 412 Companies in February of 2014 from 418 Companies in January of 2014. Bankruptcies in Norway is reported by the Statistics Norway.
Norway Business Confidence at 8.00  
Business Confidence in Norway increased to 8 in the fourth quarter of 2013 from 5.60 in the third quarter of 2013. Business Confidence in Norway is reported by the Statistics Norway.
Norway Capacity Utilization at 79.60 Percent  
Capacity Utilization in Norway increased to 79.60 percent in the fourth quarter of 2013 from 79.50 percent in the third quarter of 2013. Capacity Utilization in Norway is reported by the Statistics Norway.
Norway Car Registrations at 15374.00 Cars  
Car Registrations in Norway increased to 15374 Cars in March of 2014 from 14767 Cars in February of 2014. Car Registrations in Norway is reported by the Statistics Norway.
Norway Changes in Inventories at 34849.00 NOK Million  
Changes in Inventories in Norway increased to 34849 NOK Million in the fourth quarter of 2013 from 29580 NOK Million in the third quarter of 2013. Changes in Inventories in Norway is reported by the Statistics Norway.
Norway Consumer Price Index (CPI) at 136.10 Index Points  
Consumer Price Index (CPI) in Norway increased to 136.10 Index Points in March of 2014 from 135.80 Index Points in February of 2014. Consumer Price Index (CPI) in Norway is reported by the Statistics Norway.
Norway Consumer Spending at 298598.00 NOK Million  
Consumer Spending in Norway increased to 298598 NOK Million in the fourth quarter of 2013 from 297542 NOK Million in the third quarter of 2013. Consumer Spending in Norway is reported by the Statistics Norway.
Norway Core Consumer Prices at 126.90 Index Points  
Core Consumer Prices in Norway increased to 126.90 Index Points in March of 2014 from 126.30 Index Points in February of 2014. Core Consumer Prices in Norway is reported by the Statistics Norway.
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