Norway's taxes on exports (current LCU) was 541 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 162.62% from 206 million in 2014 (10.14% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 541 million | 2024 |
| Five years earlier | 322 million | 2019 |
| Ten years earlier | 206 million | 2014 |
| Highest | 541 million | 2024 |
| Lowest | 13 million | 1972 |
| Average since 2015 | 339.6 million | 2015–2024 |
| First recorded | 13 million |
What the numbers say
In 2024, Norway's taxes on exports (current LCU) rose 4.4% on 2023 (from 518 million to 541 million).
Across the 30 yearly changes before that (1981 to 2023), the average change was +5.5% and a typical year strayed about 17.2% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 176.9% in 1973 and the biggest yearly fall was 59.5% in 1994. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 41.5 million a year. A straight line explains 96% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Norway had the 11th highest value of the 25 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Norway in the 2024 ranking
- Belarus — 8th of 25: 1.75 billion
- Ukraine — 9th of 25: 686.9 million
- Namibia — 10th of 25: 560.05 million
- South Africa — 12th of 25: 532.56 million
- Zambia — 13th of 25: 364.76 million
- Solomon Islands — 14th of 25: 347.6 million
What this measures
Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 41 values
| Year | Taxes on exports (current LCU) |
|---|---|
| 2024 | 541,000,000 |
| 2023 | 518,000,000 |
| 2022 | 456,000,000 |
| 2021 | 363,000,000 |
| 2020 | 316,000,000 |
| 2019 | 322,000,000 |
| 2018 | 260,000,000 |
| 2017 | 233,000,000 |
| 2016 | 209,000,000 |
| 2015 | 178,000,000 |
| 2014 |
Taxes on exports (current LCU) in nearby economies
- Azerbaijan — 2.18 million (2024)
- Belarus — 1.75 billion (2024)
- Kazakhstan — 2.14 trillion (2023)
- Kyrgyz Republic — 39.6 million (2024)
- Russian Federation — 882.29 billion (2024)
- Ukraine — 686.9 million (2024)
More public sector data for Norway
- Arms imports (SIPRI trend indicator values) — 407 million (2025)
- Military expenditure (current USD) — 17.03 billion (2025)
- Military expenditure (current LCU) — 177 billion (2025)
- Military expenditure (% of GDP) — 3.28% (2025)
- Arms exports (SIPRI trend indicator values) — 415 million (2025)
- Net investment in nonfinancial assets (current LCU) — 169.03 billion (2024)
- Net investment in nonfinancial assets (% of GDP) — 3.14% (2024)
- Net lending (+) / net borrowing (-) (current LCU) — 729.5 billion (2024)
- Net lending (+) / net borrowing (-) (% of GDP) — 13.55% (2024)
- Social contributions (current LCU)
Reading data like this
Questions people ask
- What is Norway's taxes on exports (current LCU)?
- 541 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1972?
- It is up 4,062% from 13 million in 1972 (7.43% a year on average, compounded). The highest value was 541 million in 2024 and the lowest 13 million in 1972.
- How does Norway rank?
- 11th highest of 25 economies with data for 2024.
- Is the latest change in taxes on exports (current LCU) unusual for Norway?
- In 2024, Norway's taxes on exports (current LCU) rose 4.4% on 2023 (from 518 million to 541 million). Across the 30 yearly changes before that (1981 to 2023), the average change was +5.5% and a typical year strayed about 17.2% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator GC.TAX.EXPT.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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