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Government Budget Balance (Local Currency) in Norway

Source: World Bank, National Statistical Office, IMF estimates. The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle
Last Updated: March 8, 2019

Government budget balance reached -277 in 2023 in Norway, according to the National Statistical Office. This is 4.20% less than in the previous year.

Historically, government budget balance in Norway reached an all time high of -7.06 in 1980 and an all time low of -277 in 2023.

Norway has been ranked 62nd within the group of 84 countries we follow in terms of government budget balance.

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