Share of government expenditure going to interest payments in Norway
Norway: Share of government expenditure going to interest payments was 1.56 in 2023. ◆ Volatile
Latest (2023)
1.56
Change on year
up 77.7%
World rank
132nd
of 152 countries
All-time high
9.03
in 1986
All-time low
0.5087
in 2021
Years of data
52
1972–2023
Share of government expenditure going to interest payments in Norway, 1972–2023
Source: Our World in Data.
Analysis
In 2023, share of government expenditure going to interest payments in Norway stood at 1.56.
Compared with earlier readings it is up 77.7% on the previous year and up 15.8% over ten years.
Over the whole period, share of government expenditure going to interest payments in Norway peaked at 9.03 in 1986 and was at its lowest, 0.5087, in 2021.
That places Norway 132nd out of 152 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Share of government expenditure going to interest payments in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | 2.93 | — |
| 1973 | 3.05 | +3.9% |
| 1974 | 3.32 | +9.1% |
| 1975 | 2.77 | -16.8% |
| 1976 | 4.47 | +61.4% |
| 1977 | 5.1 | +14.2% |
| 1978 | 5.7 | +11.8% |
| 1979 | 6.77 | +18.7% |
| 1980 | 7.53 | +11.2% |
| 1981 | 7.09 | -5.9% |
| 1982 | 6.53 | -7.8% |
| 1983 | 6.88 | +5.4% |
| 1984 | 6.92 | +0.6% |
| 1985 | 7.52 | +8.6% |
| 1986 | 9.03 | +20.2% |
| 1987 | 8.55 | -5.4% |
| 1988 | 6.84 | -20.0% |
| 1989 | 6.86 | +0.2% |
| 1990 | 6.53 | -4.7% |
| 1991 | 5.7 | -12.8% |
| 1992 | 5.56 | -2.4% |
| 1993 | 6.09 | +9.6% |
| 1994 | 6.12 | +0.4% |
| 1995 | 5.75 | -6.1% |
| 1996 | 5.45 | -5.1% |
| 1997 | 4.88 | -10.5% |
| 1998 | 4.53 | -7.1% |
| 1999 | 3.89 | -14.2% |
| 2000 | 4.03 | +3.6% |
| 2001 | 4.61 | +14.3% |
| 2002 | 3.79 | -17.8% |
| 2003 | 4.34 | +14.7% |
| 2004 | 3.89 | -10.4% |
| 2005 | 4.35 | +11.6% |
| 2006 | 6.69 | +54.0% |
| 2007 | 6.87 | +2.7% |
| 2008 | 5.31 | -22.8% |
| 2009 | 3.06 | -42.3% |
| 2010 | 2.47 | -19.3% |
| 2011 | 2.12 | -14.2% |
| 2012 | 1.48 | -29.9% |
| 2013 | 1.35 | -9.2% |
| 2014 | 1.21 | -10.4% |
| 2015 | 1.14 | -5.3% |
| 2016 | 0.9321 | -18.5% |
| 2017 | 0.7914 | -15.1% |
| 2018 | 0.8849 | +11.8% |
| 2019 | 0.8403 | -5.0% |
| 2020 | 0.7043 | -16.2% |
| 2021 | 0.5087 | -27.8% |
| 2022 | 0.8782 | +72.6% |
| 2023 | 1.56 | +77.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.26 | 2.77 | 6.77 | 8 |
| 1980s | 7.37 | 6.53 | 9.03 | 10 |
| 1990s | 5.45 | 3.89 | 6.53 | 10 |
| 2000s | 4.7 | 3.06 | 6.87 | 10 |
| 2010s | 1.32 | 0.7914 | 2.47 | 10 |
| 2020s | 0.9129 | 0.5087 | 1.56 | 4 |
Countries ranked near Norway
More reference data data for Norway
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3703 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3621 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0618 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.24 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7734 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.9 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3366 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Norway?
- Share of government expenditure going to interest payments in Norway was 1.56 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Norway?
- The highest recorded value was 9.03 in 1986.
- What is the lowest share of government expenditure going to interest payments recorded in Norway?
- The lowest recorded value was 0.5087 in 2021.
- How does Norway rank for share of government expenditure going to interest payments?
- Norway ranks 132nd out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Norway?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
Download this data
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