Norway Government Debt to GDP — 2026 Data & Trend
Norway's government debt was 60.80% in June 2026, up from 49.10% the previous quarter. A year earlier it stood at 41.80%.
Norway's government debt stands at 60.80% as of June 2026. The government debt currently sits at 60.80% (up from 49.10% in the prior quarter). Across the tracked window it has ranged between 23.50% and 60.80%, and is 19.00% higher than a year ago.
The trend
Among the 192 economies tracked on this platform, Norway ranks #73 on government debt by latest value. It rose from 49.10% in the previous quarter, and compares with a year-earlier 41.80%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Jun 2026 | 60.80% |
| Mar 2026 | 49.10% |
| Dec 2025 | 54.40% |
| Sep 2025 | 41.80% |
| Jun 2025 | 41.80% |
| Mar 2025 | 43.60% |
| Dec 2024 | 53.20% |
| Sep 2024 | 40.80% |
Data: Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Norway Have in 2026?
Norway's government debt was 60.80% in June 2026, up from 49.10% the previous quarter. A year earlier it stood at 41.80%.
Is the government debt rising or falling in Norway?
It rose in the latest reading — 60.80% in June 2026 versus 49.10% a quarter earlier. Year on year it is higher.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).