Overall primary balance, Transactions (Statement of operations) in Norway
Norway: Overall primary balance, Transactions (Statement of operations) was 740.94 billion in 2025. ◆ Volatile
Overall primary balance, Transactions in Norway, 1996–2025
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 (Statement of operations) in Norway, year by year
| 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% |
Norway compared with similar countries
- Norway's 740.94 billion is above the median for high income countries, which is 864.22 million, 857.3× the median. (32 countries reporting)
- Norway's 740.94 billion is above the median for Europe & Central Asia, which is 915.45 million, 809.4× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Overall primary balance, Transactions (Statement of operations) in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +142980.1% | 371.00 million | 530.83 billion |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
- 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)
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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About this data
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.