- Output · rank 32/187
- $530B
- People · rank 119/187
- 5.6M
- Land · rank 61/187
- 365K km²
- GDP per person
- $94,643
- Density
- 15.3 /km²
Government debt
43.7%gross debt, share of GDP
$232Boutstanding, rank 38 of 178
- Perimeter
- General government
- Basis
- Gross, not net
- Valuation
- Nominal
- Debt per person
- $41,357
- Net of assets
- -100.4%
- Source
- IMF World Economic Outlook / Fiscal Monitor
Gross debt is 43.7%; net of the government’s financial assets it is -100.4% — negative, meaning the state holds more financial assets than it owes.
What this number does not tell youThe most misread figure in public finance. Perimeter varies by country — the IMF notes its Fiscal Monitor tables use a narrower perimeter for China than its Article IV estimates, and published figures for Japan range from roughly 200% to 250% depending on perimeter and valuation, both citing the IMF. Debt in a currency the government issues is a fundamentally different instrument from debt it must earn or borrow to service; this ratio does not distinguish them.
Private-sector debt
- Households
- 112.4% of GDP
- Non-financial corporations
- 142.8% of GDP
- Total private
- 255.2% of GDP
Government debt is only one layer. Household and corporate borrowing is where financial fragility often actually sits — and here it totals 255.2% of GDP, larger than the public debt above.
Currency & monetary policy
Issues its own currency and sets its own policy rate — meaningful room to manage local-currency debt.
House prices
The real figure strips out inflation and is the one that tells you whether housing actually became more expensive.
Against its region and the world
Where Norway sits relative to the Europe average and the world average.
GDP per person (USD)
This country94,643
Region average35,326
World average14,013
Population density (per km²)
This country15
Region average36
World average64
Debt to GDP (%)
This country44
Region average77
World average95
Major banks
Largest institutions headquartered in Norway, by total assets. Assets, not market value — the two rank very differently.
| Institution | Total assets | |
|---|---|---|
| 1 | DNB Bank | $340B |
All figures
- Nominal GDP
- $530B
- Share of world output
- 0.46%
- Population
- 5.6M
- Share of world population
- 0.07%
- Land area
- 365,268 km²
- Share of world land
- 0.28%
- GDP per person
- $94,643
- GDP per km²
- $1,450,989
- Population density
- 15.3 /km²
- Government debt
- 43.7%
- Debt outstanding
- $232B
Where these figures come from
- Nominal GDPGross domestic product at current market prices, converted to US dollars at market exchange rates. Not adjusted for purchasing power.
- IMF World Economic Outlook
2025 estimate - PopulationTotal resident population, mid-year estimate.
- UN World Population Prospects
2025 estimate - Land areaTotal land area, excluding inland water where the source reports it separately.
- UN Statistics Division
2024 - General government gross debtGross debt of the general government sector as a share of GDP. Gross means government-held financial assets are not netted off.
- IMF World Economic Outlook / Fiscal Monitor
2025–26 estimate - Bank total assetsTotal assets for the most recent reporting period: cash, loans, investments, property and equipment.
- S&P Global Market Intelligence
2026 ranking - Net government debtGovernment debt net of its financial assets, as a share of GDP.
- IMF Fiscal Monitor
2025–26 estimate - Household debtCredit to households and non-profits serving them, as a share of GDP.
- BIS credit statistics
2024–25 - Corporate debtCredit to non-financial corporations, as a share of GDP.
- BIS credit statistics
2024–25 - Exchange rate regimeHow the currency is managed: free floating, floating, pegged, currency board, or no separate legal tender.
- IMF AREAER
2025 - Central bank policy rateThe main policy interest rate set by the central bank.
- Central banks / BIS
mid-2026, live - Residential house pricesYear-on-year change in residential property prices, nominal and inflation-adjusted.
- BIS / OECD residential property
latest quarter