Subsidies and other transfers (current LCU) in Norway
Norway: Subsidies and other transfers (current LCU) was 1.27 trillion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Norway, 1980–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Norway is 1.27 trillion current LCU, measured in 2024. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 71.0% over ten years.
Over the whole period, subsidies and other transfers in Norway peaked at 1.27 trillion current LCU in 2024 and was at its lowest, 16.91 billion current LCU, in 1980.
That places Norway 38th out of 153 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers (current LCU) in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 16.91 billion current LCU | — |
| 1981 | 17.11 billion current LCU | +1.2% |
| 1982 | 18.63 billion current LCU | +8.9% |
| 1983 | 19.52 billion current LCU | +4.8% |
| 1984 | 20.38 billion current LCU | +4.4% |
| 1985 | 22.87 billion current LCU | +12.2% |
| 1986 | 25.01 billion current LCU | +9.4% |
| 1987 | 30.12 billion current LCU | +20.4% |
| 1988 | 34.20 billion current LCU | +13.5% |
| 1989 | 30.08 billion current LCU | -12.0% |
| 1990 | 207.52 billion current LCU | +589.8% |
| 1991 | 224.18 billion current LCU | +8.0% |
| 1992 | 236.37 billion current LCU | +5.4% |
| 1993 | 242.33 billion current LCU | +2.5% |
| 1994 | 248.91 billion current LCU | +2.7% |
| 1995 | 255.08 billion current LCU | +2.5% |
| 1996 | 263.17 billion current LCU | +3.2% |
| 1997 | 274.32 billion current LCU | +4.2% |
| 1998 | 294.24 billion current LCU | +7.3% |
| 1999 | 313.37 billion current LCU | +6.5% |
| 2000 | 337.00 billion current LCU | +7.5% |
| 2001 | 357.98 billion current LCU | +6.2% |
| 2002 | 381.19 billion current LCU | +6.5% |
| 2003 | 389.74 billion current LCU | +2.2% |
| 2004 | 403.56 billion current LCU | +3.5% |
| 2005 | 420.27 billion current LCU | +4.1% |
| 2006 | 438.66 billion current LCU | +4.4% |
| 2007 | 463.64 billion current LCU | +5.7% |
| 2008 | 501.69 billion current LCU | +8.2% |
| 2009 | 556.48 billion current LCU | +10.9% |
| 2010 | 592.24 billion current LCU | +6.4% |
| 2011 | 634.08 billion current LCU | +7.1% |
| 2012 | 669.66 billion current LCU | +5.6% |
| 2013 | 704.64 billion current LCU | +5.2% |
| 2014 | 745.45 billion current LCU | +5.8% |
| 2015 | 790.35 billion current LCU | +6.0% |
| 2016 | 820.49 billion current LCU | +3.8% |
| 2017 | 848.47 billion current LCU | +3.4% |
| 2018 | 867.84 billion current LCU | +2.3% |
| 2019 | 900.89 billion current LCU | +3.8% |
| 2020 | 1.01 trillion current LCU | +11.8% |
| 2021 | 1.03 trillion current LCU | +2.2% |
| 2022 | 1.09 trillion current LCU | +5.8% |
| 2023 | 1.18 trillion current LCU | +8.2% |
| 2024 | 1.27 trillion current LCU | +8.2% |
Norway compared with similar countries
- Norway's 1.27 trillion current LCU is above the median for high income countries, which is 61.98 billion current LCU, 20.6× the median. (57 countries reporting)
- Norway's 1.27 trillion current LCU is above the median for Europe & Central Asia, which is 139.03 billion current LCU, 9.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Subsidies and other transfers (current LCU) 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 |
|---|---|---|---|
| 1990 | +589.8% | 30.08 billion current LCU | 207.52 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 23.48 billion current LCU | 16.91 billion current LCU | 34.20 billion current LCU | 10 |
| 1990s | 255.95 billion current LCU | 207.52 billion current LCU | 313.37 billion current LCU | 10 |
| 2000s | 425.02 billion current LCU | 337.00 billion current LCU | 556.48 billion current LCU | 10 |
| 2010s | 757.41 billion current LCU | 592.24 billion current LCU | 900.89 billion current LCU | 10 |
| 2020s | 1.12 trillion current LCU | 1.01 trillion current LCU | 1.27 trillion current LCU | 5 |
Countries ranked near Norway
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Frequently asked questions
- What is subsidies and other transfers in Norway?
- Subsidies and other transfers in Norway was 1.27 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Norway?
- The highest recorded value was 1.27 trillion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Norway?
- The lowest recorded value was 16.91 billion current LCU in 1980.
- How does Norway rank for subsidies and other transfers?
- Norway ranks 38th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Norway?
- Over the last ten years it is up 71.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.