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Norway Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Norway's tax revenue was 32.74% in 2025, ranked 2nd globally. This represents a 21.0% increase from 2024. Data from World Bank, covering 1972–2025.

32.74% +5.69% (+21.0%)
Year 2025 Rank #2 Global Peak 32.74% (2025) Source World Bank

Norway Tax Revenue (1972–2025)

Overview

Norway's tax revenue stood at 32.74% in 2025, a rise of +5.69% from 2023. Based on recent trends, this figure is projected to reach 32.74% by 2025. Norway ranked 2nd globally.

Norway’s tax revenue as a share of GDP has risen steadily over the 53‑year series, moving from 22.95 in 1972 to an all‑time peak of 32.74 in 2025, the highest level recorded for any country and ranking second globally. The trough occurred in 1975 at 20.39, after which the fiscal base expanded alongside the development of the petroleum sector and progressive tax reforms. The latest figure of 32.74 places Norway just above New Zealand’s 31.88 and well ahead of Denmark’s 29.24, indicating a comparatively robust capacity to mobilise domestic resources. The long‑term upward trajectory reflects both high public spending ambitions and a broad tax base, while the modest volatility since the 1970s suggests a stable fiscal framework. Future shifts in global energy markets or demographic pressures could alter this path, but the current pattern points toward continued high tax‑to‑GDP ratios unless major policy reforms are introduced.

Data & projection

Year Tax Revenue YoY change Rank
2026* trend 34.50% - -
2025* trend 32.74% - -
2025 32.74% +5.69% #2
2023 27.05% −4.29% #95
2022 31.34% +5.84% #115
2021 25.51% +4.25% #117
2020 21.25% −2.03% #106
2019 23.28% −0.03% #117
2018 23.31% +1.02% #115
2017 22.29% +0.33% #113
2016 21.96% −0.13% #111
2015 22.09% −1.32% #115
2014 23.41% −1.60% #118
2013 25.01% −1.86% #119
2012 26.87% −0.68% #128
2011 27.55% +0.81% #126
2010 26.74% +0.90% #122
Show all years (1972-2025)
* Linear trend extrapolation

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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Norway's tax revenue?▾

Norway's tax revenue was 32.74% in 2025. Ranked 2nd globally. This represents a 21.0% increase from the previous year.

What was the highest tax revenue in Norway?▾

Norway's tax revenue peaked at 32.74% in 2025.

What was the lowest tax revenue in Norway?▾

The lowest tax revenue in Norway was 20.39% in 1975.

How does Norway rank in tax revenue?▾

Norway ranks 2nd globally in tax revenue as of 2025.

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

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

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

Norway's tax revenue is projected to reach 32.74% by 2025 based on trend extrapolation.

What is the tax revenue of Norway in 2025?▾

The tax revenue of Norway in 2025 was 32.74%. This ranks 2nd in the world.

Cite this page

APA
Norway Tax Revenue. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/norway/tax-revenue/
BibTeX
@misc{historysaid_norway_tax-revenue, title = {Norway Tax Revenue}, url = {https://historysaid.com/norway/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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