Taxes on income, profits and capital gains in Norway
Norway: Taxes on income, profits and capital gains was 59.7% in 2024. ▲ Rising
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 % of total taxes.
Analysis
In 2024, taxes on income, profits and capital gains in Norway stood at 59.7%.
That represents a change of down 5.2% on the previous year and up 18.7% over ten years.
Over the whole period, taxes on income, profits and capital gains in Norway peaked at 72.0% in 2022 and was at its lowest, 25.6%, in 1973.
Norway ranks 13th of 153 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 53 years of available data.
Taxes on income, profits and capital gains in Norway, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1972 | 30.9% | — |
| 1973 | 25.6% | -17.2% |
| 1974 | 27.3% | +6.9% |
| 1975 | 26.3% | -3.9% |
| 1976 | 27.1% | +3.1% |
| 1977 | 26.6% | -1.9% |
| 1978 | 28.0% | +5.2% |
| 1979 | 32.0% | +14.3% |
| 1980 | 40.1% | +25.3% |
| 1981 | 42.0% | +4.8% |
| 1982 | 41.0% | -2.3% |
| 1983 | 38.6% | -5.9% |
| 1984 | 39.8% | +3.2% |
| 1985 | 38.1% | -4.5% |
| 1986 | 33.3% | -12.5% |
| 1987 | 27.6% | -17.1% |
| 1988 | 28.3% | +2.5% |
| 1989 | 27.8% | -1.8% |
| 1990 | 31.6% | +13.9% |
| 1991 | 33.3% | +5.1% |
| 1992 | 27.7% | -16.8% |
| 1993 | 28.3% | +2.4% |
| 1994 | 29.1% | +2.8% |
| 1995 | 33.0% | +13.4% |
| 1996 | 36.4% | +10.5% |
| 1997 | 36.5% | +0.1% |
| 1998 | 34.8% | -4.6% |
| 1999 | 37.6% | +7.9% |
| 2000 | 49.4% | +31.6% |
| 2001 | 48.8% | -1.3% |
| 2002 | 50.3% | +3.1% |
| 2003 | 49.3% | -2.1% |
| 2004 | 53.2% | +7.9% |
| 2005 | 56.4% | +6.1% |
| 2006 | 57.8% | +2.4% |
| 2007 | 55.5% | -3.9% |
| 2008 | 59.8% | +7.7% |
| 2009 | 53.4% | -10.7% |
| 2010 | 54.8% | +2.6% |
| 2011 | 57.9% | +5.6% |
| 2012 | 57.6% | -0.5% |
| 2013 | 54.0% | -6.2% |
| 2014 | 50.3% | -6.8% |
| 2015 | 45.7% | -9.2% |
| 2016 | 42.6% | -6.7% |
| 2017 | 44.4% | +4.0% |
| 2018 | 48.5% | +9.3% |
| 2019 | 47.7% | -1.5% |
| 2020 | 40.3% | -15.6% |
| 2021 | 57.2% | +42.1% |
| 2022 | 72.0% | +25.8% |
| 2023 | 63.0% | -12.4% |
| 2024 | 59.7% | -5.2% |
Norway compared with similar countries
- Norway's 59.7% is above the median for high income countries, which is 43.9%, 1.4× the median. (55 countries reporting)
- Norway's 59.7% is above the median for Europe & Central Asia, which is 39.4%, 1.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.0% | 25.6% | 32.0% | 8 |
| 1980s | 35.6% | 27.6% | 42.0% | 10 |
| 1990s | 32.8% | 27.7% | 37.6% | 10 |
| 2000s | 53.4% | 48.8% | 59.8% | 10 |
| 2010s | 50.3% | 42.6% | 57.9% | 10 |
| 2020s | 58.4% | 40.3% | 72.0% | 5 |
Countries ranked near Norway
More public sector data for Norway
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, 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)
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- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is taxes on income, profits and capital gains in Norway?
- Taxes on income, profits and capital gains in Norway was 59.7% 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 72.0% in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in Norway?
- The lowest recorded value was 25.6% in 1973.
- How does Norway rank for taxes on income, profits and capital gains?
- Norway ranks 13th 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 18.7%. The long-run trend across the full record is rising.
- 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 (% of total taxes). Statizoid updates them automatically from the source API.
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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 as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.