Norway
Government finance and price level data from the World Bank WDI.
Government finances
Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.
Govt expenditure
34.5% GDP
2023
Budget surplus
13.6% GDP
2024
Price level
Norway is 9.1% cheaper than the USA overall (2025). Index: USA = 100.
Overall price level
90.9(USA=100)
2025
Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only. Detailed category-level price data (EU27=100) available on the EU country page.
Tax rates
Labour tax wedge
28.1% of labour cost
2023
Top income tax rate
47%
2024
Corporate tax rate
22%
2024
Standard VAT rate
25%
2024
Statutory rates 2024: OECD Taxing Wages / EC Taxation Trends. Labour wedge: Eurostat earn_nt_taxrate (EEA/EU countries only).
Data sources
| Dataset | Source | Coverage |
|---|---|---|
| Govt debt / expenditure / revenue / surplus | World Bank WDI (GC.* indicators) | 2000–2024 |
| Price level index (USA=100) | World Bank WDI PPP/XR ratio | 1990–2023 |
| Labour tax wedge | Eurostat earn_nt_taxrate | EEA/EU only |
| Statutory tax rates | OECD / EC Taxation Trends 2024 | EU+EFTA only |