Taxes on income, profits and capital gains in Norway
Norway: Taxes on income, profits and capital gains was 789.14 billion current LCU in 2024. ◆ Volatile
Latest (2024)
789.14 billion current LCU
Change on year
down 9.6%
World rank
42nd
of 153 countries
All-time high
1.29 trillion current LCU
in 2022
All-time low
6.88 billion current LCU
in 1973
Years of data
53
1972–2024
Taxes on income, profits and capital gains in Norway, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Norway recorded 789.14 billion current LCU for taxes on income, profits and capital gains in 2024.
The figure is down 9.6% on the previous year and up 111.7% over ten years.
Over the whole period, taxes on income, profits and capital gains in Norway peaked at 1.29 trillion current LCU in 2022 and was at its lowest, 6.88 billion current LCU, in 1973.
That places Norway 42nd out of 153 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 income, profits and capital gains in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 8.11 billion current LCU | — |
| 1973 | 6.88 billion current LCU | -15.2% |
| 1974 | 8.41 billion current LCU | +22.3% |
| 1975 | 9.20 billion current LCU | +9.4% |
| 1976 | 11.44 billion current LCU | +24.3% |
| 1977 | 12.97 billion current LCU | +13.4% |
| 1978 | 14.88 billion current LCU | +14.7% |
| 1979 | 19.13 billion current LCU | +28.5% |
| 1980 | 32.02 billion current LCU | +67.4% |
| 1981 | 40.21 billion current LCU | +25.6% |
| 1982 | 41.97 billion current LCU | +4.4% |
| 1983 | 42.60 billion current LCU | +1.5% |
| 1984 | 49.48 billion current LCU | +16.2% |
| 1985 | 54.90 billion current LCU | +10.9% |
| 1986 | 49.61 billion current LCU | -9.6% |
| 1987 | 41.39 billion current LCU | -16.6% |
| 1988 | 41.62 billion current LCU | +0.6% |
| 1989 | 40.31 billion current LCU | -3.1% |
| 1990 | 50.55 billion current LCU | +25.4% |
| 1991 | 56.70 billion current LCU | +12.2% |
| 1992 | 46.64 billion current LCU | -17.8% |
| 1993 | 50.22 billion current LCU | +7.7% |
| 1994 | 56.76 billion current LCU | +13.0% |
| 1995 | 73.11 billion current LCU | +28.8% |
| 1996 | 92.02 billion current LCU | +25.9% |
| 1997 | 99.53 billion current LCU | +8.2% |
| 1998 | 97.09 billion current LCU | -2.5% |
| 1999 | 115.41 billion current LCU | +18.9% |
| 2000 | 198.96 billion current LCU | +72.4% |
| 2001 | 199.13 billion current LCU | +0.1% |
| 2002 | 213.53 billion current LCU | +7.2% |
| 2003 | 207.04 billion current LCU | -3.0% |
| 2004 | 259.65 billion current LCU | +25.4% |
| 2005 | 317.63 billion current LCU | +22.3% |
| 2006 | 370.08 billion current LCU | +16.5% |
| 2007 | 367.76 billion current LCU | -0.6% |
| 2008 | 435.27 billion current LCU | +18.4% |
| 2009 | 336.75 billion current LCU | -22.6% |
| 2010 | 381.67 billion current LCU | +13.3% |
| 2011 | 447.88 billion current LCU | +17.3% |
| 2012 | 461.45 billion current LCU | +3.0% |
| 2013 | 417.37 billion current LCU | -9.6% |
| 2014 | 372.68 billion current LCU | -10.7% |
| 2015 | 316.09 billion current LCU | -15.2% |
| 2016 | 291.80 billion current LCU | -7.7% |
| 2017 | 328.55 billion current LCU | +12.6% |
| 2018 | 404.07 billion current LCU | +23.0% |
| 2019 | 399.61 billion current LCU | -1.1% |
| 2020 | 296.18 billion current LCU | -25.9% |
| 2021 | 630.76 billion current LCU | +113.0% |
| 2022 | 1.29 trillion current LCU | +105.2% |
| 2023 | 873.40 billion current LCU | -32.5% |
| 2024 | 789.14 billion current LCU | -9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.38 billion current LCU | 6.88 billion current LCU | 19.13 billion current LCU | 8 |
| 1980s | 43.41 billion current LCU | 32.02 billion current LCU | 54.90 billion current LCU | 10 |
| 1990s | 73.80 billion current LCU | 46.64 billion current LCU | 115.41 billion current LCU | 10 |
| 2000s | 290.58 billion current LCU | 198.96 billion current LCU | 435.27 billion current LCU | 10 |
| 2010s | 382.12 billion current LCU | 291.80 billion current LCU | 461.45 billion current LCU | 10 |
| 2020s | 776.77 billion current LCU | 296.18 billion current LCU | 1.29 trillion current LCU | 5 |
Countries ranked near Norway
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 income, profits and capital gains in Norway?
- Taxes on income, profits and capital gains in Norway was 789.14 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Norway?
- The highest recorded value was 1.29 trillion current LCU in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in Norway?
- The lowest recorded value was 6.88 billion current LCU in 1973.
- How does Norway rank for taxes on income, profits and capital gains?
- Norway ranks 42nd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Norway?
- Over the last ten years it is up 111.7%. 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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.