Wealth share of the richest 1% in Norway
Norway: Wealth share of the richest 1% was 23.5% in 2024. ▼ Falling
Wealth share of the richest 1% in Norway, 1820–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Norway recorded 23.5% for wealth share of the richest 1% in 2024.
Compared with earlier readings it is up 0.7% on the previous year and up 13.2% over ten years.
Over the whole period, wealth share of the richest 1% in Norway peaked at 57.8% in 1900 and was at its lowest, 20.7%, in 2014.
That places Norway 183rd out of 215 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 50.9% | 50.9% | 50.9% | 1 |
| 1850s | 53.2% | 53.2% | 53.2% | 1 |
| 1880s | 54.0% | 54.0% | 54.0% | 1 |
| 1900s | 57.8% | 57.8% | 57.8% | 1 |
| 1910s | 56.6% | 56.6% | 56.6% | 1 |
| 1920s | 42.3% | 42.3% | 42.3% | 1 |
| 1930s | 29.2% | 29.2% | 29.2% | 1 |
| 1940s | 30.3% | 30.3% | 30.3% | 1 |
| 1950s | 24.4% | 24.4% | 24.4% | 1 |
| 1960s | 24.5% | 24.5% | 24.5% | 1 |
| 1970s | 24.0% | 24.0% | 24.0% | 1 |
| 1980s | 23.6% | 23.5% | 23.7% | 10 |
| 1990s | 23.7% | 23.5% | 23.9% | 10 |
| 2000s | 24.3% | 23.8% | 25.9% | 10 |
| 2010s | 22.7% | 20.7% | 24.3% | 10 |
| 2020s | 23.5% | 23.2% | 23.9% | 5 |
Countries ranked near Norway
- 180 Ethiopia 23.6% compare
- 181 Eritrea 23.6% compare
- 182 Mauritania 23.5% compare
- 184 Maldives 23.4% compare
- 185 Seychelles 23.3% compare
More reference data data for Norway
- Spring temperature anomalies 4.27 °C (2026)
- Summer temperature anomalies 1.74 °C (2026)
- Temperature anomalies by month -2.84 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 2.11 °C (2025)
- Winter temperature anomalies 3.43 °C (2025)
- Consumer price index 149.54 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is wealth share of the richest 1% in Norway?
- Wealth share of the richest 1% in Norway was 23.5% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Norway?
- The highest recorded value was 57.8% in 1900.
- What is the lowest wealth share of the richest 1% recorded in Norway?
- The lowest recorded value was 20.7% in 2014.
- How does Norway rank for wealth share of the richest 1%?
- Norway ranks 183rd out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Norway?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.