Norway Tax Revenue to GDP

24.5% −1.57 pt

Dec 2024 · Annual

Norway's tax revenue as a share of GDP fell to 24.54% in 2024, down from 26.12% in the previous year. The reading remains below the all-time high of 30.31% recorded in 2022 and above the series low of 20.44% from 2020.

Norway Tax Revenue to GDP, 1990–2024
ActualPreviousHighestLowestDatesFrequency
24.5%26.1%30.3%Dec 202220.4%Dec 20201972 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget9.3%12.8%24.7%-2.5%Dec 2025Annual
Government Debt to GDP45.0%52.8%54.0%23.8%Dec 2025Annual

About this series

Tax Revenue to GDP in Norway averaged 24.5% from 1972 until 2024, reaching an all-time high of 30.3% in Dec 2022 and a record low of 20.4% in Dec 2020. The series is reported yearly with history from 1972.

Tax revenue as a share of GDP measures the total tax revenue collected by the government relative to the size of the economy, expressed as a percentage. The data is reported annually and spans from 1972 to 2024.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Norway Tax Revenue to GDP FAQ