# Norway Government Debt to GDP

Norway Government Debt to GDP was 60.8% in Q2 2026, up 11.7 percentage points from Q1 2026 and up 19.0 percentage points from a year earlier.
That is the highest reading since the series began in Q1 2011.
Among the 38 economies Makrognosis covers on this measure, it is the 16th lowest.
Over the past ten years it has ranged from 30.9% (Q2 2023) to 60.8% (Q2 2026), averaging 38.7%.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `NO.GOVDEBT.Q.NSA`
- Frequency: quarterly
- Units: % of GDP
- Coverage: 2011-01-01 to 2026-04-01 (62 observations)
- Page: https://makrognosis.robomacro.com/data/norway/government-debt-to-gdp

## Recent data

| Period | Value |
|---|---:|
| Q2 2026 | 60.8% |
| Q1 2026 | 49.1% |
| Q4 2025 | 54.4% |
| Q3 2025 | 41.8% |
| Q2 2025 | 41.8% |
| Q1 2025 | 43.6% |
| Q4 2024 | 53.2% |
| Q3 2024 | 40.8% |
| Q2 2024 | 41.9% |
| Q1 2024 | 40.7% |
| Q4 2023 | 42.7% |
| Q3 2023 | 34.2% |
| Q2 2023 | 30.9% |
| Q1 2023 | 31.8% |
| Q4 2022 | 35.1% |
| Q3 2022 | 32.7% |
| Q2 2022 | 32.8% |
| Q1 2022 | 33.1% |
| Q4 2021 | 39.8% |
| Q3 2021 | 35.0% |
| Q2 2021 | 36.2% |
| Q1 2021 | 40.7% |
| Q4 2020 | 43.4% |
| Q3 2020 | 38.7% |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/NO.GOVDEBT.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/NO.GOVDEBT.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```