Tax revenue (current LCU) in Norway
Norway: Tax revenue (current LCU) was 1.32 trillion current LCU in 2024. ◆ Volatile
Tax revenue in Norway, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, tax revenue in Norway stood at 1.32 trillion current LCU.
Compared with earlier readings it is down 4.7% on the previous year and up 78.5% over ten years.
Over the whole period, tax revenue in Norway peaked at 1.80 trillion current LCU in 2022 and was at its lowest, 26.25 billion current LCU, in 1972.
Norway ranks 49th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU) in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 26.25 billion current LCU | — |
| 1973 | 26.88 billion current LCU | +2.4% |
| 1974 | 30.77 billion current LCU | +14.5% |
| 1975 | 35.03 billion current LCU | +13.9% |
| 1976 | 42.23 billion current LCU | +20.5% |
| 1977 | 48.79 billion current LCU | +15.5% |
| 1978 | 53.22 billion current LCU | +9.1% |
| 1979 | 59.84 billion current LCU | +12.4% |
| 1980 | 79.93 billion current LCU | +33.6% |
| 1981 | 95.82 billion current LCU | +19.9% |
| 1982 | 102.35 billion current LCU | +6.8% |
| 1983 | 110.43 billion current LCU | +7.9% |
| 1984 | 124.25 billion current LCU | +12.5% |
| 1985 | 144.28 billion current LCU | +16.1% |
| 1986 | 149.09 billion current LCU | +3.3% |
| 1987 | 150.01 billion current LCU | +0.6% |
| 1988 | 147.12 billion current LCU | -1.9% |
| 1989 | 145.11 billion current LCU | -1.4% |
| 1990 | 159.75 billion current LCU | +10.1% |
| 1991 | 170.47 billion current LCU | +6.7% |
| 1992 | 168.61 billion current LCU | -1.1% |
| 1993 | 177.38 billion current LCU | +5.2% |
| 1994 | 195.09 billion current LCU | +10.0% |
| 1995 | 221.57 billion current LCU | +13.6% |
| 1996 | 252.46 billion current LCU | +13.9% |
| 1997 | 272.69 billion current LCU | +8.0% |
| 1998 | 278.78 billion current LCU | +2.2% |
| 1999 | 307.17 billion current LCU | +10.2% |
| 2000 | 402.51 billion current LCU | +31.0% |
| 2001 | 407.96 billion current LCU | +1.4% |
| 2002 | 424.42 billion current LCU | +4.0% |
| 2003 | 420.15 billion current LCU | -1.0% |
| 2004 | 488.46 billion current LCU | +16.3% |
| 2005 | 563.24 billion current LCU | +15.3% |
| 2006 | 640.73 billion current LCU | +13.8% |
| 2007 | 662.74 billion current LCU | +3.4% |
| 2008 | 728.02 billion current LCU | +9.8% |
| 2009 | 630.60 billion current LCU | -13.4% |
| 2010 | 696.77 billion current LCU | +10.5% |
| 2011 | 774.19 billion current LCU | +11.1% |
| 2012 | 801.63 billion current LCU | +3.5% |
| 2013 | 772.90 billion current LCU | -3.6% |
| 2014 | 740.24 billion current LCU | -4.2% |
| 2015 | 691.41 billion current LCU | -6.6% |
| 2016 | 684.29 billion current LCU | -1.0% |
| 2017 | 740.72 billion current LCU | +8.2% |
| 2018 | 833.83 billion current LCU | +12.6% |
| 2019 | 837.48 billion current LCU | +0.4% |
| 2020 | 735.70 billion current LCU | -12.2% |
| 2021 | 1.10 trillion current LCU | +49.9% |
| 2022 | 1.80 trillion current LCU | +63.1% |
| 2023 | 1.39 trillion current LCU | -23.0% |
| 2024 | 1.32 trillion current LCU | -4.7% |
Norway compared with similar countries
- Norway's 1.32 trillion current LCU is above the median for high income countries, which is 103.80 billion current LCU, 12.7× the median. (57 countries reporting)
- Norway's 1.32 trillion current LCU is above the median for Europe & Central Asia, which is 161.58 billion current LCU, 8.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Tax revenue (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 |
|---|---|---|---|
| 2022 | +63.1% | 1.10 trillion current LCU | 1.80 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.38 billion current LCU | 26.25 billion current LCU | 59.84 billion current LCU | 8 |
| 1980s | 124.84 billion current LCU | 79.93 billion current LCU | 150.01 billion current LCU | 10 |
| 1990s | 220.40 billion current LCU | 159.75 billion current LCU | 307.17 billion current LCU | 10 |
| 2000s | 536.88 billion current LCU | 402.51 billion current LCU | 728.02 billion current LCU | 10 |
| 2010s | 757.35 billion current LCU | 684.29 billion current LCU | 837.48 billion current LCU | 10 |
| 2020s | 1.27 trillion current LCU | 735.70 billion current LCU | 1.80 trillion current LCU | 5 |
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Norway?
- Tax revenue in Norway was 1.32 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Norway?
- The highest recorded value was 1.80 trillion current LCU in 2022.
- What is the lowest tax revenue recorded in Norway?
- The lowest recorded value was 26.25 billion current LCU in 1972.
- How does Norway rank for tax revenue?
- Norway ranks 49th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Norway?
- Over the last ten years it is up 78.5%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.