Norway's budget balance in relation to GDP 2028
The budget balance in relation to the gross domestic product in Norway was forecast to continuously decrease between 2023 and 2028 by in total 7.8 percentage points. The budget balance is estimated to amount to 17.53 percent in 2028.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the gross domestic product in countries like Iceland, Sweden and Denmark.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the gross domestic product in countries like Iceland, Sweden and Denmark.
