Credit to Government and State-Owned Enterprises to GDP for Norway
DDEI08NOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.51
Year-over-Year Change
38.99%
Date Range
1/1/1980 - 1/1/2020
Summary
This trend measures the ratio of credit to the government and state-owned enterprises as a percentage of Norway's Gross Domestic Product (GDP). It provides insight into the government's reliance on credit to fund operations and investments.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Credit to Government and State-Owned Enterprises to GDP' metric tracks the flow of credit, such as loans and bonds, to Norway's public sector as a share of the country's total economic output. This indicator offers valuable context on the government's financing practices and its role in the Norwegian economy.
Methodology
The data is collected and calculated by the World Bank using official government sources.
Historical Context
Policymakers and analysts use this trend to evaluate the Norwegian government's fiscal health and its impact on broader economic conditions.
Key Facts
- Norway's credit to government and state-owned enterprises was 33.7% of GDP in 2020.
- This ratio has fluctuated between 25-35% over the past decade.
- The trend provides insight into Norway's public sector financing activities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of credit, such as loans and bonds, provided to the Norwegian government and state-owned enterprises as a percentage of the country's Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator offers valuable insights into the Norwegian government's financing practices and its role in the overall economy, which is useful for policymakers, economists, and investors in assessing the country's fiscal health and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using official government sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the Norwegian government's fiscal health and its impact on broader economic conditions, which can inform policy decisions and market assessments.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may not capture all government and state-owned enterprise financing activities.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Norway (DDEI08NOA156NWDB), retrieved from FRED.