Taxes on goods and services (current LCU) in Norway
Norway: Taxes on goods and services (current LCU) was 512.94 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Norway, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Norway recorded 512.94 billion current LCU for taxes on goods and services in 2024. That is the highest value across all 53 years on record.
That represents a change of up 3.8% on the previous year and up 43.5% over ten years.
Over the whole period, taxes on goods and services in Norway peaked at 512.94 billion current LCU in 2024 and was at its lowest, 17.29 billion current LCU, in 1972.
That places Norway 49th out of 157 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU) in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 17.29 billion current LCU | — |
| 1973 | 18.89 billion current LCU | +9.2% |
| 1974 | 20.79 billion current LCU | +10.1% |
| 1975 | 24.36 billion current LCU | +17.2% |
| 1976 | 29.32 billion current LCU | +20.4% |
| 1977 | 34.22 billion current LCU | +16.7% |
| 1978 | 36.80 billion current LCU | +7.6% |
| 1979 | 39.18 billion current LCU | +6.5% |
| 1980 | 46.25 billion current LCU | +18.0% |
| 1981 | 53.54 billion current LCU | +15.8% |
| 1982 | 58.31 billion current LCU | +8.9% |
| 1983 | 65.78 billion current LCU | +12.8% |
| 1984 | 72.64 billion current LCU | +10.4% |
| 1985 | 87.00 billion current LCU | +19.8% |
| 1986 | 96.76 billion current LCU | +11.2% |
| 1987 | 105.42 billion current LCU | +8.9% |
| 1988 | 102.16 billion current LCU | -3.1% |
| 1989 | 101.42 billion current LCU | -0.7% |
| 1990 | 105.25 billion current LCU | +3.8% |
| 1991 | 109.46 billion current LCU | +4.0% |
| 1992 | 117.89 billion current LCU | +7.7% |
| 1993 | 123.88 billion current LCU | +5.1% |
| 1994 | 134.68 billion current LCU | +8.7% |
| 1995 | 142.85 billion current LCU | +6.1% |
| 1996 | 154.96 billion current LCU | +8.5% |
| 1997 | 167.47 billion current LCU | +8.1% |
| 1998 | 175.44 billion current LCU | +4.8% |
| 1999 | 185.57 billion current LCU | +5.8% |
| 2000 | 197.08 billion current LCU | +6.2% |
| 2001 | 202.50 billion current LCU | +2.8% |
| 2002 | 204.52 billion current LCU | +1.0% |
| 2003 | 206.26 billion current LCU | +0.9% |
| 2004 | 222.26 billion current LCU | +7.8% |
| 2005 | 238.84 billion current LCU | +7.5% |
| 2006 | 263.62 billion current LCU | +10.4% |
| 2007 | 286.64 billion current LCU | +8.7% |
| 2008 | 284.41 billion current LCU | -0.8% |
| 2009 | 284.05 billion current LCU | -0.1% |
| 2010 | 304.92 billion current LCU | +7.3% |
| 2011 | 316.57 billion current LCU | +3.8% |
| 2012 | 330.05 billion current LCU | +4.3% |
| 2013 | 344.28 billion current LCU | +4.3% |
| 2014 | 357.34 billion current LCU | +3.8% |
| 2015 | 368.67 billion current LCU | +3.2% |
| 2016 | 385.58 billion current LCU | +4.6% |
| 2017 | 403.19 billion current LCU | +4.6% |
| 2018 | 420.62 billion current LCU | +4.3% |
| 2019 | 428.38 billion current LCU | +1.8% |
| 2020 | 429.60 billion current LCU | +0.3% |
| 2021 | 461.13 billion current LCU | +7.3% |
| 2022 | 488.42 billion current LCU | +5.9% |
| 2023 | 494.11 billion current LCU | +1.2% |
| 2024 | 512.94 billion current LCU | +3.8% |
Norway compared with similar countries
- Norway's 512.94 billion current LCU is above the median for high income countries, which is 39.13 billion current LCU, 13.1× the median. (57 countries reporting)
- Norway's 512.94 billion current LCU is above the median for Europe & Central Asia, which is 85.71 billion current LCU, 6.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.61 billion current LCU | 17.29 billion current LCU | 39.18 billion current LCU | 8 |
| 1980s | 78.93 billion current LCU | 46.25 billion current LCU | 105.42 billion current LCU | 10 |
| 1990s | 141.75 billion current LCU | 105.25 billion current LCU | 185.57 billion current LCU | 10 |
| 2000s | 239.02 billion current LCU | 197.08 billion current LCU | 286.64 billion current LCU | 10 |
| 2010s | 365.96 billion current LCU | 304.92 billion current LCU | 428.38 billion current LCU | 10 |
| 2020s | 477.24 billion current LCU | 429.60 billion current LCU | 512.94 billion 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 taxes on goods and services in Norway?
- Taxes on goods and services in Norway was 512.94 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Norway?
- The highest recorded value was 512.94 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Norway?
- The lowest recorded value was 17.29 billion current LCU in 1972.
- How does Norway rank for taxes on goods and services?
- Norway ranks 49th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Norway?
- Over the last ten years it is up 43.5%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.