24Peaks / Europe / Norway / Government Debt

Norway - Government Debt 42.72

IMF Global Debt Database · updated 2026-10-03 · 88 economies tracked

Latest value

42.72 (2024)

Global rank

##35 of 88 economies

Share of global total

0.8%

Growth since 1970

1.04×

Ranking Race — Government Debt

1 = global #1 · lower value ranks higher

#1#12#23#34#45#56#67195019651980199520102024#18#352022 overtook Denmark2024 overtook Czechia
NorwayTurkmenistanKiribatiMicronesia, Fed. Sts.Marshall Islands

Real annual global ranks, 1950 - 2024. Norway climbed from #18 to #35 (overtook Denmark). Gaps in a lane = missing data that year.

Key events for Norway ↓

Key Events — Norway

Auto-detected from rank data + curated milestones

2006
Fell 17 places in global rank auto
2011
Climbed 26 places in global rank auto
2022
Overtook Denmark in global rank auto
2024
Overtook Czechia in global rank auto

Government Debt, 1970-2024

IMF Global Debt Database · % of GDP · linear scale · ranking in the race above
1970198520002015202423.5734.6845.7856.89
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