Norway - Budget Deficit 2004
10.84%
+3.63% from 2003
Norway's budget deficit was 10.84% in 2004, increased +3.63% from 7.21% in 2003. This was the 181st highest globally.
Global Ranking - 2004▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iraq | -35.40% | - |
| 2nd | São Tomé and Principe | -25.12% | -57.7% |
| 3rd | Kiribati | -19.20% | -115.0% |
| 4th | Micronesia, Federated States of | -15.55% | -694.0% |
| 5th | Burundi | -14.87% | -8.5% |
| 6th | Lebanon | -9.83% | 29.6% |
| 7th | India | -9.22% | 19.3% |
| 8th | Greece | -9.05% | -12.5% |
| 9th | Aruba | -8.53% | -549.9% |
| 10th | Eritrea | -7.65% | -222.7% |
| 11th | Timor-Leste | -7.48% | 9.2% |
| 12th | Belarus | -7.06% | -4.8% |
| 13th | St. Kitts and Nevis | -6.60% | -16.6% |
| 14th | Hungary | -6.60% | 8.3% |
| 15th | Sri Lanka | -6.32% | -2.8% |
| 16th | Croatia | -6.09% | -21.2% |
| 17th | Portugal | -5.99% | -5.8% |
| 18th | Guinea-Bissau | -5.92% | -5.2% |
| 19th | Egypt, Arab Republic of | -5.76% | -0.6% |
| 20th | Bolivia, Plurinational State of | -5.54% | 29.6% |
| 21st | Japan | -5.31% | 28.5% |
| 22nd | Albania | -5.16% | -3.1% |
| 23rd | Poland | -5.00% | 16.6% |
| 24th | Austria | -4.94% | -168.7% |
| 25th | Kyrgyz Republic | -4.89% | 5.4% |
| 26th | Palau | -4.82% | -51.3% |
| 27th | Myanmar | -4.62% | -8.9% |
| 28th | Jamaica | -4.56% | 16.0% |
| 29th | Belize | -4.52% | 46.2% |
| 30th | Ukraine | -4.42% | -394.4% |
| 31st | Panama | -4.33% | -90.6% |
| 32nd | Malta | -4.28% | 52.7% |
| 33rd | United States | -4.24% | 11.0% |
| 34th | Madagascar | -4.23% | -27.4% |
| 35th | Mauritius | -4.22% | 7.4% |
| 36th | Burkina Faso | -4.19% | -134.3% |
| 37th | Syrian Arab Republic | -4.18% | -54.7% |
| 38th | Türkiye | -4.11% | 45.6% |
| 39th | Eswatini | -3.97% | -88.4% |
| 40th | Antigua and Barbuda | -3.90% | 46.7% |
| 41st | Guinea | -3.85% | 17.4% |
| 42nd | Uzbekistan | -3.74% | 23.2% |
| 43rd | Cyprus | -3.71% | 37.2% |
| 44th | Djibouti | -3.67% | 11.2% |
| 45th | Dominican Republic | -3.60% | 15.2% |
| 46th | Tuvalu | -3.60% | - |
| 47th | France | -3.56% | 13.2% |
| 48th | Italy | -3.46% | -7.3% |
| 49th | Germany | -3.42% | 10.7% |
| 50th | Costa Rica | -3.42% | 0.5% |
| 51st | Israel | -3.40% | 32.4% |
| 52nd | Romania | -3.39% | -48.4% |
| 53rd | Malaysia | -3.35% | 27.1% |
| 54th | Morocco | -3.31% | 11.5% |
| 55th | Cambodia | -3.23% | 43.3% |
| 56th | Mozambique | -3.17% | -20.2% |
| 57th | United Kingdom | -3.16% | 1.6% |
| 58th | Mauritania | -3.06% | - |
| 59th | Cabo Verde | -2.98% | 17.9% |
| 60th | Brazil | -2.96% | 45.3% |
| 61st | Barbados | -2.89% | 4.6% |
| 62nd | Guyana | -2.88% | 40.1% |
| 63rd | Philippines | -2.81% | 19.6% |
| 64th | Niger | -2.76% | -27.1% |
| 65th | El Salvador | -2.76% | 34.8% |
| 66th | St. Vincent and the Grenadines | -2.71% | -8.1% |
| 67th | Namibia | -2.67% | 40.3% |
| 68th | Malawi | -2.61% | -0.4% |
| 69th | St. Lucia | -2.59% | 18.5% |
| 70th | Zambia | -2.51% | 52.8% |
| 71st | Honduras | -2.48% | 51.4% |
| 72nd | Montenegro | -2.45% | 39.5% |
| 73rd | Iran, Islamic Republic of | -2.45% | 11.3% |
| 74th | Tanzania | -2.43% | -37.1% |
| 75th | Czechia | -2.41% | 65.0% |
| 76th | Afghanistan | -2.39% | -13.8% |
| 77th | Mali | -2.36% | -98.8% |
| 78th | Slovak Republic | -2.36% | -3.4% |
| 79th | Tajikistan | -2.32% | -32.8% |
| 80th | Maldives | -2.26% | 34.5% |
| 81st | Bangladesh | -2.21% | -12.8% |
| 82nd | Yemen, Republic of | -2.15% | 48.8% |
| 83rd | Tunisia | -2.10% | 20.6% |
| 84th | Ghana | -2.02% | -1.5% |
| 85th | Slovenia | -1.98% | 25.6% |
| 86th | Bahamas, The | -1.95% | -19.5% |
| 87th | Chad | -1.84% | 57.4% |
| 88th | Netherlands | -1.83% | 42.8% |
| 89th | Lao PDR | -1.81% | 53.4% |
| 90th | Gambia, The | -1.77% | -2.0% |
| 91st | Central African Republic | -1.74% | 43.3% |
| 92nd | Mongolia | -1.62% | 52.2% |
| 93rd | Marshall Islands | -1.60% | -115.2% |
| 94th | China | -1.49% | 36.9% |
| 95th | Sierra Leone | -1.46% | 47.7% |
| 96th | Switzerland | -1.39% | -2.5% |
| 97th | Luxembourg | -1.39% | -604.3% |
| 98th | Lithuania | -1.39% | -9.7% |
| 99th | Mexico | -1.35% | 40.0% |
| 100th | Haiti | -1.34% | 39.9% |
| 101st | Colombia | -1.31% | 51.5% |
| 102nd | Pakistan | -1.29% | -994.1% |
| 103rd | Suriname | -1.20% | -954.4% |
| 104th | Jordan | -1.09% | 56.7% |
| 105th | Guatemala | -1.05% | 57.6% |
| 106th | South Africa | -1.04% | 34.3% |
| 107th | Côte d'Ivoire | -1.04% | 17.7% |
| 108th | Latvia | -1.04% | 37.8% |
| 109th | Peru | -1.03% | 36.3% |
| 110th | Fiji | -0.98% | 71.6% |
| 111th | Comoros | -0.98% | 52.1% |
| 112th | Uruguay | -0.87% | 60.4% |
| 113th | Samoa | -0.74% | -45.1% |
| 114th | Benin | -0.71% | 34.2% |
| 115th | Dominica | -0.67% | -179.2% |
| 116th | Grenada | -0.58% | 79.6% |
| 117th | Liberia | -0.56% | -256.2% |
| 118th | Cameroon | -0.46% | -181.4% |
| 119th | Hong Kong SAR, China | -0.30% | 90.4% |
| 120th | Indonesia | -0.26% | 75.9% |
| 121st | Belgium | -0.24% | 87.2% |
| 122nd | Bosnia and Herzegovina | -0.18% | 58.4% |
| 123rd | Congo, Democratic Republic of | -0.17% | 95.7% |
| 124th | Viet Nam | -0.15% | 94.1% |
| 125th | Nepal | -0.14% | 57.4% |
| 126th | Spain | -0.10% | 74.7% |
| 127th | Serbia | 0.06% | 102.6% |
| 128th | Korea | 0.09% | -94.3% |
| 129th | Sudan | 0.16% | -79.7% |
| 130th | Sweden | 0.17% | 113.3% |
| 131st | Senegal | 0.18% | 135.7% |
| 132nd | Bahrain | 0.24% | 113.9% |
| 133rd | Iceland | 0.28% | 112.4% |
| 134th | Uganda | 0.34% | 135.4% |
| 135th | North Macedonia | 0.37% | 619.4% |
| 136th | Seychelles | 0.44% | -87.1% |
| 137th | Kenya | 0.50% | 169.0% |
| 138th | Moldova | 0.59% | 26.2% |
| 139th | Togo | 0.61% | -57.5% |
| 140th | Canada | 0.77% | 704.7% |
| 141st | Vanuatu | 0.80% | 159.3% |
| 142nd | Angola | 1.03% | 125.2% |
| 143rd | Thailand | 1.11% | -44.1% |
| 144th | Ireland | 1.30% | 275.1% |
| 145th | Australia | 1.32% | 25.9% |
| 146th | Paraguay | 1.34% | 2,092.5% |
| 147th | Botswana | 1.35% | 869.1% |
| 148th | Turkmenistan | 1.48% | -63.0% |
| 149th | Bulgaria | 1.59% | 53,000.0% |
| 150th | Nicaragua | 1.70% | 30.8% |
| 151st | Azerbaijan | 1.78% | 11.0% |
| 152nd | Bhutan | 1.80% | 117.6% |
| 153rd | Andorra | 1.86% | 5.2% |
| 154th | Trinidad and Tobago | 1.91% | 0.6% |
| 155th | Ecuador | 1.94% | 85.8% |
| 156th | Papua New Guinea | 2.03% | 977.1% |
| 157th | Chile | 2.05% | 593.0% |
| 158th | Singapore | 2.06% | 203.8% |
| 159th | Finland | 2.16% | -7.8% |
| 160th | Denmark | 2.24% | 1,507.9% |
| 161st | Rwanda | 2.27% | 284.4% |
| 162nd | Estonia | 2.29% | 37.3% |
| 163rd | San Marino | 2.45% | - |
| 164th | Kazakhstan | 3.29% | -17.7% |
| 165th | Congo, Republic of | 3.33% | 808.7% |
| 166th | Georgia | 3.59% | 755.5% |
| 167th | Nigeria | 3.90% | 350.0% |
| 168th | Argentina | 3.97% | 164.5% |
| 169th | Tonga | 4.23% | 78.6% |
| 170th | New Zealand | 4.49% | 22.0% |
| 171st | Russian Federation | 4.58% | 238.9% |
| 172nd | Oman | 5.43% | -8.3% |
| 173rd | Lesotho | 6.06% | 581.1% |
| 174th | Algeria | 6.36% | -11.8% |
| 175th | United Arab Emirates | 6.40% | 172.1% |
| 176th | Gabon | 6.99% | -9.8% |
| 177th | Macao SAR, China | 7.80% | 62.5% |
| 178th | Brunei Darussalam | 8.57% | 6.3% |
| 179th | Equatorial Guinea | 9.22% | -7.8% |
| 180th | Saudi Arabia | 9.72% | 710.5% |
| 181st | Norway | 10.84% | 50.4% |
| 182nd | Libya | 11.31% | 83.5% |
| 183rd | Solomon Islands | 17.03% | 61.3% |
| 184th | Qatar | 17.69% | 163.6% |
| 185th | Kuwait | 32.51% | 19.5% |
FAQ
What was Norway's budget deficit in 2004?▾
Norway's budget deficit in 2004 was 10.84%. This ranked 181st globally.
How did Norway's budget deficit change in 2004?▾
Norway's budget deficit increased by 50.4% in 2004 compared to 2003.
Which country had the highest budget deficit in 2004?▾
Kuwait had the highest budget deficit in 2004 at 32.51%.
What is the budget deficit of Norway in 2004?▾
The budget deficit of Norway in 2004 was 10.84%. This ranked 181st globally.
How does 2004 compare to 2003 for Norway's budget deficit?▾
Norway's budget deficit went from 7.21% in 2003 to 10.84% in 2004, a 50.4% increase.
HistorySaid - pattern alert
Norway matched the Export Boom Cycle pattern in 2004. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 2.5%. View full analysis →
Related
2003
2005
All years
Full ranking 2004
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2022
Lowest: 2020
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
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Lowest ever
Average
vs United States
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vs Isle of Man
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NATO Budget Deficit
OECD Budget Deficit
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