Overall primary balance, Transactions in Norway

Norway: Overall primary balance, Transactions was 740.94 billion in 2025. ◆ Volatile

Latest (2025)
740.94 billion
Change on year
down 13.4%
World rank
3rd
of 35 countries
All-time high
1.56 trillion
in 2022
All-time low
371.00 million
in 2020
Years of data
27
1996–2025

Overall primary balance, Transactions in Norway, 1996–2025

0500.0B1.0T1.5T1996201020251996: 100.1B1997: 123.0B1998: 77.7B2002: 183.3B2003: 164.8B2004: 238.5B2005: 342.8B2006: 473.4B2007: 493.2B2008: 574.5B2009: 323.9B2010: 345.1B2011: 434.1B2012: 458.7B2013: 390.3B2014: 341.1B2015: 256.0B2016: 199.4B2017: 243.1B2018: 367.1B2019: 339.9B2020: 371.0M2021: 530.8B2022: 1.6T2023: 980.5B2024: 855.5B2025: 740.9B

Source: International Monetary Fund.

Analysis

Norway recorded 740.94 billion for overall primary balance, transactions in 2025.

That represents a change of down 13.4% on the previous year and up 189.4% over ten years.

Over the whole period, overall primary balance, transactions in Norway peaked at 1.56 trillion in 2022 and was at its lowest, 371.00 million, in 2020.

That places Norway 3rd out of 35 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Overall primary balance, Transactions in Norway, year by year

Annual values for Overall primary balance, Transactions (Statement of operations, General government) in Norway, 1996 to 2025.
Year Value Change
1996 100.07 billion
1997 123.00 billion +22.9%
1998 77.71 billion -36.8%
2002 183.31 billion +135.9%
2003 164.77 billion -10.1%
2004 238.46 billion +44.7%
2005 342.76 billion +43.7%
2006 473.36 billion +38.1%
2007 493.17 billion +4.2%
2008 574.46 billion +16.5%
2009 323.86 billion -43.6%
2010 345.14 billion +6.6%
2011 434.10 billion +25.8%
2012 458.74 billion +5.7%
2013 390.31 billion -14.9%
2014 341.10 billion -12.6%
2015 256.01 billion -24.9%
2016 199.37 billion -22.1%
2017 243.07 billion +21.9%
2018 367.09 billion +51.0%
2019 339.92 billion -7.4%
2020 371.00 million -99.9%
2021 530.83 billion +142980.1%
2022 1.56 trillion +194.6%
2023 980.46 billion -37.3%
2024 855.55 billion -12.7%
2025 740.94 billion -13.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 100.26 billion 77.71 billion 123.00 billion 3
2000s 349.27 billion 164.77 billion 574.46 billion 8
2010s 337.48 billion 199.37 billion 458.74 billion 10
2020s 778.68 billion 371.00 million 1.56 trillion 6

Countries ranked near Norway

  1. 1 Colombia 28,107.70 trillion compare
  2. 2 Türkiye 2.95 trillion compare
  3. 4 Brazil 369.82 billion compare
  4. 5 Denmark 147.83 billion compare
  5. 6 Iceland 135.67 billion compare

See the full ranking of 35 places →

More public sector data for Norway

All data for Norway →

Frequently asked questions

What is overall primary balance, transactions in Norway?
Overall primary balance, transactions in Norway was 740.94 billion in 2025, according to International Monetary Fund.
What is the highest overall primary balance, transactions recorded in Norway?
The highest recorded value was 1.56 trillion in 2022.
What is the lowest overall primary balance, transactions recorded in Norway?
The lowest recorded value was 371.00 million in 2020.
How does Norway rank for overall primary balance, transactions?
Norway ranks 3rd out of 35 countries with data for 2025.
Is overall primary balance, transactions rising or falling in Norway?
Over the last ten years it is up 189.4%. 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 Overall primary balance, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.

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Overall primary balance, Transactions in Norway. Statizoid, drawing on International Monetary Fund. Retrieved 27 August 2026, from https://public-sector.statizoid.com/stat/overall-primary-balance-transactions-statement-of-operations-general-government/norway/

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About this data

Indicator
Overall primary balance, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.