Deficit, Percent of own spending in Norway
Norway: Deficit, Percent of own spending was -0.0564 in 2020. ◆ Volatile
Deficit, Percent of own spending in Norway, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for deficit, percent of own spending in Norway is -0.0564, measured in 2020. That is the lowest value across all 26 years on record.
The figure is down 124.0% on the previous year and down 113.6% over ten years.
Over the whole period, deficit, percent of own spending in Norway peaked at 0.7552 in 2008 and was at its lowest, -0.0564, in 2020.
That places Norway 10th out of 66 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.1037 | — |
| 1996 | 0.2156 | +107.9% |
| 1997 | 0.2712 | +25.8% |
| 1998 | 0.1553 | -42.7% |
| 1999 | 0.2349 | +51.3% |
| 2000 | 0.6084 | +158.9% |
| 2001 | 0.5383 | -11.5% |
| 2002 | 0.2899 | -46.1% |
| 2003 | 0.2556 | -11.8% |
| 2004 | 0.3769 | +47.4% |
| 2005 | 0.5211 | +38.3% |
| 2006 | 0.6548 | +25.7% |
| 2007 | 0.6452 | -1.5% |
| 2008 | 0.7552 | +17.1% |
| 2009 | 0.3805 | -49.6% |
| 2010 | 0.4139 | +8.8% |
| 2011 | 0.5075 | +22.6% |
| 2012 | 0.5276 | +4.0% |
| 2013 | 0.4144 | -21.5% |
| 2014 | 0.323 | -22.1% |
| 2015 | 0.2035 | -37.0% |
| 2016 | 0.1378 | -32.3% |
| 2017 | 0.1686 | +22.4% |
| 2018 | 0.275 | +63.1% |
| 2019 | 0.2354 | -14.4% |
| 2020 | -0.0564 | -124.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1961 | 0.1037 | 0.2712 | 5 |
| 2000s | 0.5026 | 0.2556 | 0.7552 | 10 |
| 2010s | 0.3207 | 0.1378 | 0.5276 | 10 |
| 2020s | -0.0564 | -0.0564 | -0.0564 | 1 |
Countries ranked near Norway
More public sector data for Norway
- Arms imports 349.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 62.63 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0007 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 74.5 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 349.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,873 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0208 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 18.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 10.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 549.04 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is deficit, percent of own spending in Norway?
- Deficit, percent of own spending in Norway was -0.0564 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Norway?
- The highest recorded value was 0.7552 in 2008.
- What is the lowest deficit, percent of own spending recorded in Norway?
- The lowest recorded value was -0.0564 in 2020.
- How does Norway rank for deficit, percent of own spending?
- Norway ranks 10th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Norway?
- Over the last ten years it is down 113.6%. 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 Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.