Norway: Tax revenue
* indicates monthly or quarterly data series
| Norway |
Tax revenue, percent of GDP |
|---|---|
| Latest value | 24.54 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1972 - 2024 |
| Average | 24.07 |
| Min - Max | 20.44 - 30.31 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is 24.54 percent, a decline from 26.12 percent in 2023. In comparison, the world average is 18.04 percent, based on data from 88 countries. Historically, the average for Norway from 1972 to 2024 is 24.07 percent. The minimum value, 20.44 percent, was reached in 2020 while the maximum of 30.31 percent was recorded in 2022.
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* indicates monthly or quarterly data series
| Recent values | Norway: Tax revenue |
|---|---|
| 2024 | 24.54 |
| 2023 | 26.12 |
| 2022 | 30.31 |
| 2021 | 24.61 |
| 2020 | 20.44 |
| 2019 | 22.43 |
| 2018 | 22.55 |
| 2017 | 21.54 |
Definition: Taxes are compulsory, unrequited payments, in cash or in kind, made by institutionalunits to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 22.57 | 2025 | percent |
| Government spending, in dollars | 119.79 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 13.25 | 2024 | percent |
| Primary budget balance | 10.49 | 2024 | percent |
| Government expenditure | 336.57 | Q2/2026 | billion |
| Long-term interest rate | 4.29 | 8/2026 | percent |
| Tax revenue | 24.54 | 2024 | percent |
| Taxes on goods and services | 18.52 | 2024 | percent |
| Taxes on international trade | 0.15 | 2024 | percent |
| Income and profits taxes | 28.50 | 2024 | percent |
| Government debt | 42.72 | 2024 | percent |
| Government debt held by non-residents | 67.60 | 2024 | percent |
| Sovereign debt average maturity | 5.75 | 2024 | percent |
| Short-term government debt | 3.72 | 2024 | percent |