Palma ratio in Norway

Norway: Palma ratio was 0.9172 in 2023. ▲ Rising

Latest (2023)
0.9172
Change on year
down 2.7%
World rank
112th
of 120 countries
All-time high
1.23
in 2004
All-time low
0.8364
in 1986
Years of data
26
1979–2023

Palma ratio in Norway, 1979–2023

00.250.50.7511.21979200120231979: 0.9311986: 0.8361991: 0.8681995: 0.9022000: 0.9832003: 0.9942004: 1.22005: 1.22006: 0.8992007: 0.9472008: 0.9352009: 0.8962010: 0.8772011: 0.8562012: 0.8752013: 0.9052014: 0.9262015: 0.9652016: 12017: 0.9322018: 0.9662019: 0.9752020: 12021: 1.12022: 0.9422023: 0.917

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

Norway recorded 0.9172 for palma ratio in 2023.

That represents a change of down 2.7% on the previous year and up 1.4% over ten years.

Over the whole period, palma ratio in Norway peaked at 1.23 in 2004 and was at its lowest, 0.8364, in 1986.

That places Norway 112th out of 120 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.9309 0.9309 0.9309 1
1980s 0.8364 0.8364 0.8364 1
1990s 0.8852 0.8681 0.9022 2
2000s 1.01 0.8958 1.23 8
2010s 0.9295 0.8556 1.02 10
2020s 0.985 0.9172 1.07 4

Countries ranked near Norway

  1. 109 Moldova 0.9549 compare
  2. 110 Iceland 0.9491 compare
  3. 111 Belgium 0.9453 compare
  4. 113 India 0.9021 compare
  5. 114 Syria 0.8957 compare
  6. 115 Ukraine 0.8929 compare

See the full ranking of 120 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is palma ratio in Norway?
Palma ratio in Norway was 0.9172 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Norway?
The highest recorded value was 1.23 in 2004.
What is the lowest palma ratio recorded in Norway?
The lowest recorded value was 0.8364 in 1986.
How does Norway rank for palma ratio?
Norway ranks 112th out of 120 countries with data for 2023.
Is palma ratio rising or falling in Norway?
Over the last ten years it is up 1.4%. The long-run trend across the full record is rising.
Where does this Norway data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.