Norway recorded a Government Debt to GDP of 54.30 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Norway averaged 39.27 percent of GDP from 1980 until 2025, reaching an all time high of 54.30 percent of GDP in 2025 and a record low of 28.50 percent of GDP in 2014. source: Statistics Norway

Government Debt to GDP in Norway is expected to reach 56.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Debt to GDP is projected to trend around 56.50 percent of GDP in 2027 and 57.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 579326.00 469150.00 NOK Million Dec 2025
Government Budget 10.40 12.70 percent of GDP Dec 2025
Government Budget Value -23768.00 26212.00 NOK Million Dec 2025
Government Debt 737487.00 844207.00 NOK Million Dec 2025
Government Debt to GDP 54.30 53.20 percent of GDP Dec 2025
Government Revenues 555558.00 495362.00 NOK Million Dec 2025
Government Spending 291375.00 290341.00 NOK Million Dec 2025


Norway Government Debt to GDP
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.
Actual Previous Highest Lowest Dates Unit Frequency
54.30 53.20 54.30 28.50 1980 - 2025 percent of GDP Yearly