Taxes on goods and services (current LCU), per unit of GDP in Norway
Norway: Taxes on goods and services (current LCU), per unit of GDP was 1.02 current LCU per US$ of GDP in 2024. ▼ Falling
Taxes on goods and services (current LCU), per unit of GDP in Norway, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Norway recorded 1.02 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024.
That represents a change of up 4.1% on the previous year and up 47.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Norway peaked at 1.33 current LCU per US$ of GDP in 1985 and was at its lowest, 0.6025 current LCU per US$ of GDP, in 2008.
That places Norway 79th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Norway, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 1 current LCU per US$ of GDP | — |
| 1973 | 0.8421 current LCU per US$ of GDP | -15.8% |
| 1974 | 0.7692 current LCU per US$ of GDP | -8.7% |
| 1975 | 0.7441 current LCU per US$ of GDP | -3.3% |
| 1976 | 0.8188 current LCU per US$ of GDP | +10.0% |
| 1977 | 0.8273 current LCU per US$ of GDP | +1.0% |
| 1978 | 0.7939 current LCU per US$ of GDP | -4.0% |
| 1979 | 0.7401 current LCU per US$ of GDP | -6.8% |
| 1980 | 0.7206 current LCU per US$ of GDP | -2.6% |
| 1981 | 0.8446 current LCU per US$ of GDP | +17.2% |
| 1982 | 0.9337 current LCU per US$ of GDP | +10.6% |
| 1983 | 1.07 current LCU per US$ of GDP | +14.7% |
| 1984 | 1.17 current LCU per US$ of GDP | +9.6% |
| 1985 | 1.33 current LCU per US$ of GDP | +13.6% |
| 1986 | 1.23 current LCU per US$ of GDP | -7.5% |
| 1987 | 1.12 current LCU per US$ of GDP | -9.0% |
| 1988 | 1.01 current LCU per US$ of GDP | -10.3% |
| 1989 | 0.9921 current LCU per US$ of GDP | -1.4% |
| 1990 | 0.8819 current LCU per US$ of GDP | -11.1% |
| 1991 | 0.9035 current LCU per US$ of GDP | +2.5% |
| 1992 | 0.9068 current LCU per US$ of GDP | +0.4% |
| 1993 | 1.03 current LCU per US$ of GDP | +14.0% |
| 1994 | 1.07 current LCU per US$ of GDP | +3.1% |
| 1995 | 0.9455 current LCU per US$ of GDP | -11.3% |
| 1996 | 0.954 current LCU per US$ of GDP | +0.9% |
| 1997 | 1.05 current LCU per US$ of GDP | +9.7% |
| 1998 | 1.15 current LCU per US$ of GDP | +9.6% |
| 1999 | 1.15 current LCU per US$ of GDP | +0.3% |
| 2000 | 1.16 current LCU per US$ of GDP | +0.4% |
| 2001 | 1.17 current LCU per US$ of GDP | +1.0% |
| 2002 | 1.05 current LCU per US$ of GDP | -10.3% |
| 2003 | 0.8999 current LCU per US$ of GDP | -14.0% |
| 2004 | 0.8366 current LCU per US$ of GDP | -7.0% |
| 2005 | 0.7669 current LCU per US$ of GDP | -8.3% |
| 2006 | 0.7537 current LCU per US$ of GDP | -1.7% |
| 2007 | 0.7029 current LCU per US$ of GDP | -6.7% |
| 2008 | 0.6025 current LCU per US$ of GDP | -14.3% |
| 2009 | 0.7179 current LCU per US$ of GDP | +19.2% |
| 2010 | 0.6928 current LCU per US$ of GDP | -3.5% |
| 2011 | 0.6173 current LCU per US$ of GDP | -10.9% |
| 2012 | 0.6286 current LCU per US$ of GDP | +1.8% |
| 2013 | 0.6374 current LCU per US$ of GDP | +1.4% |
| 2014 | 0.6927 current LCU per US$ of GDP | +8.7% |
| 2015 | 0.9201 current LCU per US$ of GDP | +32.8% |
| 2016 | 1.01 current LCU per US$ of GDP | +9.3% |
| 2017 | 0.97 current LCU per US$ of GDP | -3.6% |
| 2018 | 0.9253 current LCU per US$ of GDP | -4.6% |
| 2019 | 1.01 current LCU per US$ of GDP | +9.1% |
| 2020 | 1.12 current LCU per US$ of GDP | +11.3% |
| 2021 | 0.8841 current LCU per US$ of GDP | -21.3% |
| 2022 | 0.7912 current LCU per US$ of GDP | -10.5% |
| 2023 | 0.9839 current LCU per US$ of GDP | +24.4% |
| 2024 | 1.02 current LCU per US$ of GDP | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.817 current LCU per US$ of GDP | 0.7401 current LCU per US$ of GDP | 1 current LCU per US$ of GDP | 8 |
| 1980s | 1.04 current LCU per US$ of GDP | 0.7206 current LCU per US$ of GDP | 1.33 current LCU per US$ of GDP | 10 |
| 1990s | 1 current LCU per US$ of GDP | 0.8819 current LCU per US$ of GDP | 1.15 current LCU per US$ of GDP | 10 |
| 2000s | 0.8649 current LCU per US$ of GDP | 0.6025 current LCU per US$ of GDP | 1.17 current LCU per US$ of GDP | 10 |
| 2010s | 0.81 current LCU per US$ of GDP | 0.6173 current LCU per US$ of GDP | 1.01 current LCU per US$ of GDP | 10 |
| 2020s | 0.9614 current LCU per US$ of GDP | 0.7912 current LCU per US$ of GDP | 1.12 current LCU per US$ of GDP | 5 |
Countries ranked near Norway
- 76 Seychelles 1.17 current LCU per US$ of GDP compare
- 77 Mexico 1.13 current LCU per US$ of GDP compare
- 78 Morocco 1.12 current LCU per US$ of GDP compare
- 80 Bolivia, Plurinational State of 1.01 current LCU per US$ of GDP compare
- 81 Eswatini 0.9646 current LCU per US$ of GDP compare
- 82 Tajikistan 0.8657 current LCU per US$ of GDP compare
More public sector data for Norway
- Arms imports 349.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 349.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,873 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0208 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 18.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 10.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 549.04 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Norway?
- Taxes on goods and services (current lcu), per unit of gdp in Norway was 1.02 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Norway?
- The highest recorded value was 1.33 current LCU per US$ of GDP in 1985.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Norway?
- The lowest recorded value was 0.6025 current LCU per US$ of GDP in 2008.
- How does Norway rank for taxes on goods and services (current lcu), per unit of gdp?
- Norway ranks 79th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Norway?
- Over the last ten years it is up 47.8%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.