Cyclically adjusted balance, General government, Percent of potential in Norway
Norway: Cyclically adjusted balance, General government, Percent of potential was -10.33 in 2030. ◆ Volatile
Latest (2030)
-10.33
Change on year
down 0.2%
World rank
88th
of 88 countries
All-time high
-0.9056
in 2000
All-time low
-10.33
in 2030
Years of data
40
1991–2030
Cyclically adjusted balance, General government, Percent of potential in Norway, 1991–2030
Source: International Monetary Fund.
Analysis
In 2030, cyclically adjusted balance, general government, percent of potential in Norway stood at -10.33. That is the lowest value across all 40 years on record.
Compared with earlier readings it is down 0.2% on the previous year and down 1.5% over ten years.
Over the whole period, cyclically adjusted balance, general government, percent of potential in Norway peaked at -0.9056 in 2000 and was at its lowest, -10.33, in 2030.
That places Norway 88th out of 88 countries with data for 2030, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted balance, General government, Percent of potential in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | -6.62 | — |
| 1992 | -7.3 | +10.3% |
| 1993 | -6.63 | -9.2% |
| 1994 | -5.7 | -14.0% |
| 1995 | -4.02 | -29.4% |
| 1996 | -2.99 | -25.6% |
| 1997 | -2.56 | -14.6% |
| 1998 | -3.75 | +46.6% |
| 1999 | -2.96 | -21.1% |
| 2000 | -0.9056 | -69.4% |
| 2001 | -0.9663 | +6.7% |
| 2002 | -1.91 | +98.1% |
| 2003 | -2.03 | +6.3% |
| 2004 | -2.2 | +8.3% |
| 2005 | -2.18 | -1.0% |
| 2006 | -1.96 | -9.9% |
| 2007 | -1.91 | -2.7% |
| 2008 | -2.09 | +9.3% |
| 2009 | -3.57 | +70.8% |
| 2010 | -3.73 | +4.5% |
| 2011 | -3.28 | -12.0% |
| 2012 | -3.79 | +15.4% |
| 2013 | -4.1 | +8.3% |
| 2014 | -4.76 | +16.0% |
| 2015 | -5.54 | +16.4% |
| 2016 | -6.56 | +18.3% |
| 2017 | -6.58 | +0.4% |
| 2018 | -5.8 | -11.9% |
| 2019 | -6.49 | +11.9% |
| 2020 | -10.18 | +57.0% |
| 2021 | -7.92 | -22.2% |
| 2022 | -5.75 | -27.5% |
| 2023 | -7.03 | +22.3% |
| 2024 | -7.98 | +13.6% |
| 2025 | -10.08 | +26.3% |
| 2026 | -10.24 | +1.5% |
| 2027 | -10.27 | +0.3% |
| 2028 | -10.29 | +0.2% |
| 2029 | -10.32 | +0.2% |
| 2030 | -10.33 | +0.2% |
Norway compared with similar countries
- Norway's -10.33 is below the median for high income countries, which is -2.33, 4.4× the median. (48 countries reporting)
- Norway's -10.33 is below the median for Europe & Central Asia, which is -2.54, 4.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -4.72 | -7.3 | -2.56 | 9 |
| 2000s | -1.97 | -3.57 | -0.9056 | 10 |
| 2010s | -5.06 | -6.58 | -3.28 | 10 |
| 2020s | -9.01 | -10.32 | -5.75 | 10 |
| 2030s | -10.33 | -10.33 | -10.33 | 1 |
Countries ranked near Norway
More public sector data for Norway
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
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- Arms imports 407.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 62.63 SIPRI trend indicator values per person (2024)
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Frequently asked questions
- What is cyclically adjusted balance, general government, percent of potential in Norway?
- Cyclically adjusted balance, general government, percent of potential in Norway was -10.33 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted balance, general government, percent of potential recorded in Norway?
- The highest recorded value was -0.9056 in 2000.
- What is the lowest cyclically adjusted balance, general government, percent of potential recorded in Norway?
- The lowest recorded value was -10.33 in 2030.
- How does Norway rank for cyclically adjusted balance, general government, percent of potential?
- Norway ranks 88th out of 88 countries with data for 2030.
- Is cyclically adjusted balance, general government, percent of potential rising or falling in Norway?
- Over the last ten years it is down 1.5%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October