Budget deficit in Norway

2.94 Percent of GDP in 2023

Though Norway budget deficit fluctuated substantially in recent years, it tended to decrease through 2004 - 2023 period ending at 2.94 percent of GDP in 2023.

The description is composed by our digital data assistant.
Budget deficit in Norway
Current Prices Local Currency 406.92B current LCU in 2021 WB
Domestic Currency -26.01 Domestic Currency in 1994 IMF
Local Currency 121.36 Billions of national currency in 2023 IMF
Budget deficit in Europe
Germany 0.37 Percent of GDP in 2023 IMF
Luxembourg -0.08 Percent of GDP in 2023 IMF
Switzerland -0.1 Percent of GDP in 2023 IMF
Sweden -0.16 Percent of GDP in 2023 IMF
Serbia -0.58 Percent of GDP in 2023 IMF
Lithuania -0.81 Percent of GDP in 2023 IMF
Latvia -0.89 Percent of GDP in 2023 IMF
Denmark -1.19 Percent of GDP in 2023 IMF
Belarus -1.22 Percent of GDP in 2023 IMF
Government finance in Norway
Debt -4,859.48 Billions of national currency in 2023 IMF
Government Expenditure 2,091.08 Billions of national currency in 2023 IMF
Government Revenue 2,212.44 Billions of national currency in 2023 IMF
Structural Balance -10.26 Percent of potential GDP in 2023 IMF