Norway—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #3 of 192Updated July 2026
Latest Value
10.0%
2027
YoY Change
-6.5%
2026 → 2027
Global Rank
#3
of 192 countries
Maximum
25.5%
2022
Minimum
-2.6%
2020
CAGR
-1.5%
28 years
Last
10.0%
Previous
10.7%
Highest
25.5%
Lowest
-2.6%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Norway's fiscal balance (% of GDP) was 10.7% in 2026, ranking #3 out of 192 countries. This represents a -6.5% change from 2026. Over the past 27 years, the highest recorded value was 25.5% (2022) and the lowest was -2.6% (2020). The IMF WEO projects 10.0% by 2027. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | 10.0% | -6.5% |
| 2026 | 10.7% | -15.7% |
| 2025 | 12.7% | -3.8% |
| 2024 | 13.2% | -20.5% |
| 2023 | 16.6% | -34.9% |
| 2022 | 25.5% | +147.6% |
| 2021 | 10.3% | +496.2% |
| 2020 | -2.6% | -140.0% |
| 2019 | 6.5% | -16.7% |
| 2018 | 7.8% | +56.0% |
| 2017 | 5.0% | +25.0% |
| 2016 | 4.0% | -33.3% |
| 2015 | 6.0% | -30.2% |
| 2014 | 8.6% | -18.9% |
| 2013 | 10.6% | -22.6% |
| 2012 | 13.7% | +3.0% |
| 2011 | 13.3% | +22.0% |
| 2010 | 10.9% | +6.9% |
| 2009 | 10.2% | -44.9% |
| 2008 | 18.5% | +8.8% |
| 2007 | 17.0% | -5.0% |
| 2006 | 17.9% | +21.8% |
| 2005 | 14.7% | +36.1% |
| 2004 | 10.8% | +50.0% |
| 2003 | 7.2% | -20.0% |
| 2002 | 9.0% | -31.8% |
| 2001 | 13.2% | -12.0% |
| 2000 | 15.0% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 10.7% | -15.7% |
| 2027Forecast | 10.0% | -6.5% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Nauru | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP