Norway Debt to GDP Ratio 1990-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Norway debt to gdp ratio for 1994 was 30.75%, a 0.81% decline from 1993.
  • Norway debt to gdp ratio for 1993 was 31.56%, a 9.22% increase from 1992.
  • Norway debt to gdp ratio for 1992 was 22.34%, a 3.75% increase from 1991.
  • Norway debt to gdp ratio for 1991 was 18.59%, a 1.25% decline from 1990.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Cyprus 91.67%
Hungary 83.32%
Denmark 75.26%
Singapore 70.28%
Malta 69.81%
Poland 60.45%
Finland 58.25%
Sweden 57.53%
Japan 55.11%
Netherlands 54.29%
Spain 48.10%
United States 47.35%
Iceland 44.10%
United Kingdom 40.48%
Bahamas 34.87%
Norway 30.75%
Uruguay 24.53%
Australia 20.19%
Switzerland 20.07%
Bahrain 17.88%
Czech Republic 14.10%
South Korea 8.18%
Portugal 5.66%
Norway Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
1994 30.75% -0.81%
1993 31.56% 9.22%
1992 22.34% 3.75%
1991 18.59% -1.25%
1990 19.85% -1.25%