Deficit, Percent of own spending (Central government) in Norway
Norway: Deficit, Percent of own spending (Central government) 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 (Central government) 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% |
Norway compared with similar countries
- Norway's -0.0564 is above the median for high income countries, which is -0.2946, 19% of the median. (29 countries reporting)
- Norway's -0.0564 is above the median for Europe & Central Asia, which is -0.2415, 23% of the median. (33 countries reporting)
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
- 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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- Arms imports (SIPRI trend indicator values), annual growth rate 74.5 % change on previous year (2024)
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.
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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.