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Norway Government Revenue

General government revenue as % of GDP  GGR_NGDP

Norway's government revenue was 61.68% in 2025, ranked 8th globally. This represents a 0.1% decrease from 2024. Data from IMF WEO, covering 1980–2025.

61.68% −0.05% (-0.1%)
Year 2025 Rank #8 Global Peak 63.00% (2022) Source IMF WEO

Norway Government Revenue (1980–2025)

Overview

Norway's government revenue stood at 61.68% in 2025, a decline of +0.05% from 2024. The IMF projects 61.68% by 2025. Norway ranked 8th globally.

Norway’s government revenue as a share of GDP stood at 61.68% in 2025, ranking the country eighth globally according to the IMF WEO dataset. Over a 46-year period since 1980, revenue has fluctuated between an all-time low of 47.57% in 1982 and a peak of 63.00% in 2022, reflecting the volatility linked to North Sea oil revenues and countercyclical fiscal policies. The 2022 peak coincided with high global energy prices following Russia’s invasion of Ukraine, which boosted tax receipts from the petroleum sector. Compared to peer economies, Norway’s revenue burden exceeds that of Lesotho (59.62%) and Tonga (59.97%), though it remains below Marshall Islands (68.15%) and Libya (67.71%), the latter benefiting from near-total state control of energy exports. Despite Norway’s strong fiscal position underpinned by its sovereign wealth fund, the long-term trajectory of government revenue will depend on global oil demand, green transition policies, and demographic pressures from an aging population. A sustained decline in hydrocarbon revenues could necessitate structural adjustments to maintain the current fiscal stance.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 59.02% - -
2029* IMF 59.19% - -
2028* IMF 59.26% - -
2027* IMF 59.31% - -
2026* IMF 59.69% - -
2025* IMF 61.68% - -
2025 61.68% −0.05% #8
2024 61.72% −0.76% #9
2023 62.48% −0.52% #8
2022 63.00% +6.40% #8
2021 56.60% +2.45% #9
2020 54.15% −2.57% #9
2019 56.73% +1.22% #8
2018 55.51% +1.33% #8
2017 54.18% −0.26% #9
2016 54.44% +0.25% #10
2015 54.19% +0.39% #9
2014 53.80% −0.27% #10
2013 54.06% −2.02% #12
2012 56.08% −0.46% #8
2011 56.54% +1.19% #7
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.0% GDP growth 3.9% C/A balance 14.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Norway matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →

The provided headlines discuss trade policies in North America, AI-driven labor market changes, economic structures in DR Congo, and tax scrutiny in the UK, along with Mexico's economic outlook. None of these

Frequently Asked Questions

What is Norway's government revenue?▾

Norway's government revenue was 61.68% in 2025. Ranked 8th globally. This represents a 0.1% decrease from the previous year.

What was the highest government revenue in Norway?▾

Norway's government revenue peaked at 63.00% in 2022.

What was the lowest government revenue in Norway?▾

The lowest government revenue in Norway was 47.57% in 1982.

How does Norway rank in government revenue?▾

Norway ranks 8th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Norway in 2025?▾

Norway's government revenue is projected to reach 61.68% by 2025 based on IMF projection.

What is the government revenue of Norway in 2025?▾

The government revenue of Norway in 2025 was 61.68%. This ranks 8th in the world.

Cite this page

APA
Norway Government Revenue. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/norway/government-revenue/
BibTeX
@misc{historysaid_norway_government-revenue, title = {Norway Government Revenue}, url = {https://historysaid.com/norway/government-revenue/}, publisher = {HistorySaid}, year = {2026} }

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