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Economy of Norway vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Norway has a GDP of $484B compared to $14.2B for Tajikistan, ranking 32/197 and 145/197 by economy size, respectively.

Norway has $207B in government debt (42.7% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Norway vs Tajikistan GDP by year

Norway
Tajikistan
1x
Year GDP, current $
Norway Tajikistan
2024 $483,592,648,313 $14,204,575,549
2023 $482,949,731,777 $12,244,169,293
2022 $596,297,651,036 $10,713,525,200
2021 $503,367,986,030 $8,937,805,347
2020 $367,633,418,887 $8,133,963,551
2019 $408,742,840,909 $8,300,813,599
2018 $439,788,625,884 $7,764,999,999
2017 $401,745,275,035 $7,536,402,853
2016 $370,956,547,619 $6,992,416,097
2015 $388,159,512,246 $8,271,431,485
2014 $501,736,471,833 $9,112,605,459
2013 $526,014,468,085 $8,448,411,318
2012 $512,777,309,841 $7,633,036,903
2011 $501,360,549,669 $6,522,756,255
2010 $431,052,143,940 $5,642,221,099
2009 $387,976,400,617 $4,979,472,364
2008 $464,917,553,191 $5,161,299,725
2007 $402,643,260,488 $3,719,524,541
2006 $346,915,160,682 $2,830,213,849
2005 $309,978,579,744 $2,312,352,021
2004 $265,268,662,473 $2,076,176,869
2003 $229,385,469,337 $1,555,318,261
2002 $195,914,852,576 $1,221,106,220
2001 $174,239,354,071 $1,080,772,551
2000 $171,457,201,936 $860,541,842
1999 $162,383,706,021 $1,086,612,290
1998 $154,230,295,158 $1,320,199,582
1997 $161,356,631,888 $921,518,033
1996 $163,520,109,151 $1,043,654,822
1995 $152,029,612,325 $1,231,561,860
1994 $127,131,319,429 $1,522,001,206
1993 $120,579,213,713 $1,646,623,195
1992 $130,838,040,068 $1,908,554,572
1991 $121,872,464,483 $2,536,585,366
1990 $119,791,843,060 $2,629,395,066
1989 $102,633,934,391 -
1988 $101,900,260,856 -
1987 $94,229,907,236 -
1986 $78,693,118,044 -
1985 $65,416,879,914 -
1984 $62,057,955,033 -
1983 $61,627,240,831 -
1982 $62,647,195,538 -
1981 $63,596,654,761 -
1980 $64,439,382,896 -
1979 $53,132,244,624 -
1978 $46,522,900,254 -
1977 $41,508,030,431 -
1976 $35,942,270,686 -
1975 $32,877,805,200 -
1974 $27,145,693,810 -
1973 $22,534,253,703 -
1972 $17,358,610,850 -
1971 $14,583,114,840 -
1970 $12,814,123,115 -
1969 $11,136,187,440 -
1968 $10,227,087,165 -
1967 $9,577,383,653 -
1966 $8,753,940,267 -
1965 $8,111,945,661 -
1964 $7,206,522,122 -
1963 $6,553,269,536 -
1962 $6,107,076,929 -
1961 $5,669,689,210 -
1960 $5,197,398,721 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/norway/tajikistan | CC BY

GDP per capita in Norway vs Tajikistan by year

Norway
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Norway Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $86,785 $102,038 $1,341 $5,406
2023 $87,497 $103,638 $1,178 $4,964
2022 $109,270 $125,490 $1,052 $4,514
2021 $93,073 $88,984 $897 $3,986
2020 $68,340 $67,111 $834 $3,654
2019 $76,431 $70,940 $871 $3,460
2018 $82,793 $70,254 $834 $3,069
2017 $76,132 $64,590 $829 $3,017
2016 $70,867 $59,280 $789 $2,914
2015 $74,810 $60,738 $957 $2,975
2014 $97,667 $66,332 $1,082 $3,152
2013 $103,554 $67,378 $1,028 $2,919
2012 $102,176 $65,774 $952 $2,679
2011 $101,222 $62,460 $834 $2,456
2010 $88,163 $58,213 $737 $2,291
2009 $80,348 $55,648 $665 $2,171
2008 $97,504 $62,073 $703 $2,120
2007 $85,502 $56,179 $517 $1,966
2006 $74,434 $54,358 $401 $1,810
2005 $67,047 $47,967 $334 $1,673
2004 $57,769 $42,667 $306 $1,550
2003 $50,250 $38,680 $233.6 $1,396
2002 $43,171 $38,056 $187 $1,257
2001 $38,602 $37,829 $168.7 $1,139
2000 $38,178 $36,994 $136.9 $1,036
1999 $36,393 $30,574 $175 $947
1998 $34,803 $28,200 $213.7 $905
1997 $36,629 $28,610 $150.1 $855
1996 $37,322 $26,826 $172 $836
1995 $34,876 $24,360 $207 $1,006
1994 $29,316 $23,027 $261.3 $1,148
1993 $27,964 $21,584 $287.6 $1,454
1992 $30,524 $20,623 $338 $1,721
1991 $28,597 $19,580 $458 $2,417
1990 $28,243 $18,461 $487 $2,583
1989 $24,281 - - -
1988 $24,207 - - -
1987 $22,506 - - -
1986 $18,883 - - -
1985 $15,754 - - -
1984 $14,989 - - -
1983 $14,928 - - -
1982 $15,225 - - -
1981 $15,513 - - -
1980 $15,772 - - -
1979 $13,047 - - -
1978 $11,463 - - -
1977 $10,266 - - -
1976 $8,927 - - -
1975 $8,204 - - -
1974 $6,812 - - -
1973 $5,690 - - -
1972 $4,414 - - -
1971 $3,736 - - -
1970 $3,306 - - -
1969 $2,894 - - -
1968 $2,680 - - -
1967 $2,531 - - -
1966 $2,333 - - -
1965 $2,179 - - -
1964 $1,951 - - -
1963 $1,787 - - -
1962 $1,678 - - -
1961 $1,571 - - -
1960 $1,451 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/norway/tajikistan | CC BY

Norway's GDP per capita is $86,785, ranking 8/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Norway ranks 7th at $102,038, while Tajikistan ranks 157th at $5,406.

Economic indicators

Norway Tajikistan
Gross domestic product
$484B
2024
$14.2B
2024
GDP rank
32/197
2024
145/197
2024
GDP growth
2.1%
2023-2024
8.4%
2023-2024
GDP per capita
$86,785
2024
$1,341
2024
GDP per capita rank
8/197
2024
166/197
2024
GDP per capita, PPP
$102,038
2024
$5,406
2024
GDP per capita PPP rank
7/197
2024
157/197
2024
Government debt
$207B
2024
$3.54B
2024
Debt-to-GDP ratio
42.7%
2024
24.9%
2024
Government debt per person
$37,074
2024
$335
2024
Government debt per person rank
17/185
2024
175/185
2024
Average annual personal income after taxes
$49,765
2026
$2,591
2026
Market capitalization of domestic companies
$296B
2019
n/a
Number of millionaires
348,000
2025
n/a
Number of billionaires
17
2025
n/a
Income share by richest 10%
21.6%
2023
28.2%
2024
Income share by poorest 10%
3.6%
2023
2.9%
2024
Government expenditure, % of GDP
48.5%
2024
27.7%
2024
Consumer prices inflation
3.15%
2023-2024
3.5%
2023-2024
Central bank interest rate
4%
2025
7.75%
2025
Unemployment rate
3.98%
2024
0.08%
2016
Population
5671119
11038274

Spending and national debt comparison by year

Norway
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Norway Tajikistan
Government spending Government debt Government spending Government debt
2024 48.5% 42.7% 27.7% 24.9%
2023 45.9% 44.1% 28% 29.9%
2022 37.5% 36.1% 27.4% 31.8%
2021 46.3% 41.6% 27.6% 42%
2020 56.7% 46% 29.2% 50.9%
2019 50.2% 40.5% 28.8% 43.2%
2018 47.7% 39.3% 30.9% 46.3%
2017 49.2% 38.2% 33.8% 46.3%
2016 50.4% 37.9% 32.7% 42.2%
2015 48.2% 34.3% 31.9% 35%
2014 45.2% 29.6% 27.5% 27.9%
2013 43.5% 31.4% 27.7% 29.3%
2012 42.4% 30.9% 24.7% 32.5%
2011 43.3% 29.6% 24.3% 35.5%
2010 44.5% 43% 25.9% 36.8%
2009 45.6% 42.5% 23.6% 36.9%
2008 39.8% 47.5% 20.2% 30.2%
2007 41% 49.5% 20.3% 34.3%
2006 40.5% 52.6% 21.6% 36.8%
2005 41.8% 42.3% 22.9% 45.8%
2004 44.7% 43.8% 20.2% 49.4%
2003 47.6% 43.1% 19.1% 69.8%
2002 46.1% 33.9% 19.1% 98.3%
2001 43.2% 27.2% 17.3% 99.4%
2000 41.3% 28.7% 18.1% 111.4%
1999 46.4% 25% 17.5% 107.8%
1998 47.8% 23.6% 17.1% 96.6%
1997 45.5% 25.8% - -
1996 47% 28.4% - -
1995 49.3% 32.7% - -
1994 49.4% 50.6% - -
1993 50.2% 53.7% - -
1992 51.3% 45% - -
1991 50% 39.2% - -
1990 48.9% 28.9% - -
1989 52.2% 30.4% - -
1988 52.6% 30.5% - -
1987 50.5% 31.3% - -
1986 48.1% 37.8% - -
1985 44% 30.2% - -
1984 44.5% 27.8% - -
1983 46.4% 27.4% - -
1982 46.6% 29.7% - -
1981 46.1% 32.9% - -
1980 46.1% 36.8% - -
1979 47.2% 39.6% - -
1978 47.9% 49.9% - -
1977 46.5% 43.8% - -
1976 45.2% 38.5% - -
1975 43.5% 36.7% - -
1974 42.2% 35.4% - -
1973 42.3% 37.7% - -
1972 42.2% 38.9% - -
1971 40.7% 38.5% - -
1970 38.9% 38.6% - -
1969 38% 22.3% - -
1968 36.2% 22.5% - -
1967 34.9% 22.6% - -
1966 33.5% 22.4% - -
1965 32.9% 23% - -
1964 32% 24.2% - -
1963 31.9% 25.3% - -
1962 30.6% 26.7% - -
1961 20.4% 27.7% - -
1960 18% 29.8% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/norway/tajikistan | CC BY

In 2024, Norway's government spending was $234B, accounting for 48.5% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 42.7% in Norway and 24.9% in Tajikistan, ranking 127/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Norway

Tajikistan
1x
Year Deficit/surplus, % of GDP
Norway Tajikistan
2024 13.2% 0.28%
2023 16.6% -0.93%
2022 25.5% -0.23%
2021 10.3% -0.64%
2020 -2.56% -4.34%
2019 6.52% -2.04%
2018 7.81% -2.69%
2017 4.96% -5.65%
2016 4.04% -2.91%
2015 5.99% -1.96%
2014 8.57% 0.92%
2013 10.6% -0.73%
2012 13.7% 0.41%
2011 13.3% 0.6%
2010 10.9% -2.71%
2009 10.2% -0.2%
2008 18.5% 1.94%
2007 17% 2.13%
2006 17.9% 2%
2005 14.7% -2.83%
2004 10.8% -2.32%
2003 7.2% -1.74%
2002 9.03% -2.4%
2001 13.2% -2.11%
2000 15% -4.51%
1999 5.71% -4.03%
1998 3.07% -5.09%
1997 7.35% -
1996 6.01% -
1995 2.96% -
1994 0.04% -
1993 -1.64% -
1992 -2.07% -
1991 -0.12% -
1990 1.95% -
1989 1.81% -
1988 2.65% -
1987 4.56% -
1986 5.87% -
1985 9.84% -
1984 6.97% -
1983 6.03% -
1982 3.96% -
1981 4.82% -
1980 5.38% -
1979 2.16% -
1978 0.94% -
1977 1.01% -
1976 2.2% -
1975 2.88% -
1974 4.06% -
1973 4.99% -
1972 3.93% -
1971 3.71% -
1970 2.83% -
1969 3.57% -
1968 3.38% -
1967 4.19% -
1966 3.59% -
1965 2.78% -
1964 3.08% -
1963 2.6% -
1962 4% -
1961 -0.7% -
1960 1.42% -
1959 1.89% -
1958 1.7% -
1957 1.55% -
1956 1.22% -
1955 0.82% -
1954 -0.54% -
1953 1.3% -
1952 2.15% -
1951 1.59% -
1950 -0.89% -
1949 -0.72% -
1948 -0.35% -
1947 -4.66% -
1946 -3.82% -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 -0.54% -
1938 0.03% -
1937 -0.16% -
1936 -0.7% -
1935 -1.1% -
1934 -0.59% -
1933 -1.29% -
1932 -1.14% -
1931 -1.15% -
1930 -0.46% -
1929 -0.83% -
1928 -0.81% -
1927 -0.76% -
1926 -1.59% -
1925 -1.92% -
1924 -2.96% -
1923 -3.58% -
1922 -4.28% -
1921 -5.47% -
1920 -1.15% -
1919 -2.11% -
1918 -1.17% -
1917 0.2% -
1916 -0.36% -
1915 -2.04% -
1914 -1.09% -
1913 -0.9% -
1912 -0.89% -
1911 -0.05% -
1910 0.3% -
1909 -0.52% -
1908 -0.06% -
1907 0.16% -
1906 -0.59% -
1905 -0.52% -
1904 -0.75% -
1903 -1.12% -
1902 -1.52% -
1901 -1.41% -
1900 -1.99% -
1899 -1.35% -
1898 -1.39% -
1897 -0.63% -
1896 -1.57% -
1895 -1.66% -
1894 -1.13% -
1893 -1.25% -
1892 -0.94% -
1891 -0.44% -
1890 -0.2% -
1889 -0.07% -
1888 -0.23% -
1887 -0.17% -
1886 -0.2% -
1885 -0.005% -
1884 -0.08% -
1883 -0.17% -
1882 -0.62% -
1881 -1.13% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1881–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/norway/tajikistan | CC BY

In 2024, Norway's government surplus, the difference between spending and revenue, was $64.1B, equivalent to 13.2% of GDP. This compares to Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Norway recorded a fiscal deficit in 1 of those years, while Tajikistan ran a deficit in 20 years. On average, Norway posted an annual surplus equal to 10.8% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Norway

Tajikistan
1x
Year Consumer prices inflation
Norway Tajikistan
2024 3.15% 3.5%
2023 5.52% 3.7%
2022 5.76% 6.6%
2021 3.48% 9%
2020 1.29% 8.6%
2019 2.17% 7.8%
2018 2.76% 3.8%
2017 1.88% 7.3%
2016 3.55% 5.9%
2015 2.17% 5.8%
2014 2.04% 6.1%
2013 2.12% 5%
2012 0.7% 5.8%
2011 1.28% 12.4%
2010 2.42% 6.5%
2009 2.2% 6.4%
2008 3.75% 20.4%
2007 0.71% 13.2%
2006 2.33% 10%
2005 1.53% 7.3%
2004 0.45% 7.2%
2003 2.49% 16.4%
2002 1.29% 12.2%
2001 3% 38.6%
2000 3.09% 32.9%
1999 2.37% 27.5%
1998 2.25% 43.2%
1997 2.57% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/norway/tajikistan | CC BY

Over the past 28 years, Norway has recorded an average annual inflation rate of 2.44%, compared with 15% in Tajikistan. In 2024, inflation was 3.15% in Norway and 3.5% in Tajikistan.

Top exports between countries

Norway
Export category Export value
Machinery & equipment $127K
Textiles & consumer goods $38K
Miscellaneous $25K
Animal & marine products $8K
Chemicals & pharma $2K
Tajikistan
Export category Export value
Textiles & consumer goods $2K
Raw agricultural goods $1K

Balance of trade

Norway Tajikistan
Current account balance
$71.6B
2024
$887M
2024
Current account balance ranking
11/190
2024
54/190
2024
Current account balance, % of GDP
+14.8%
2024
+6.24%
2024
Goods imports
$97.5B
2024
$5.94B
2024
Goods exports
$162B
2024
$1.42B
2024
Service imports
$63.6B
2024
$971M
2024
Service exports
$55.6B
2024
$195M
2024
Imports of goods and services, % of GDP
33.9%
2024
48.4%
2023
Exports of goods and services, % of GDP
47.5%
2024
17.2%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Norway Tajikistan
Economic freedom 78.8 52.5
Economic freedom ranking 9/197 147/197
Property rights 99.6 28.4
Government integrity 94.3 18.5
Judicial effectiveness 96.4 10.1
Tax burden 63.3 94.2
Government spending 42 77
Fiscal health 96.4 98.6
Business freedom 91.2 60.6
Labor freedom 69.3 43.4
Monetary freedom 72.4 72.6
Trade freedom 85.6 72.2
Investment freedom 75 25
Financial freedom 60 30

Economic freedom comparison by year

Norway
Tajikistan
1x
Year Economic freedom index
Norway Tajikistan
2026 78.8 52.5
2025 78.3 51.5
2024 77.5 51.3
2023 76.9 50.6
2022 76.9 49.7
2021 73.4 55.2
2020 73.4 52.2
2019 73 55.6
2018 74.3 58.3
2017 74 58.2
2016 70.8 51.3
2015 71.8 52.7
2014 70.9 52
2013 70.5 53.4
2012 68.8 53.4
2011 70.3 53.5
2010 69.4 53
2009 70.2 54.6
2008 68.6 54.4
2007 67.9 53.6
2006 67.9 52.6
2005 64.5 50.4
2004 66.2 48.7
2003 67.2 46.5
2002 67.4 47.3
2001 67.1 46.8
2000 70.1 44.8
1999 68.6 41.2
1998 68 41.1
1997 65.1 -
1996 65.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/norway/tajikistan | CC BY

The Economic Freedom Index for Norway is 78.8, ranking 9/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Norway Tajikistan
Services, % of GDP
51.8%
2024
34.7%
2023
Industry, % of GDP
37%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
2.08%
2024
22.9%
2023
GNI, Atlas method
$547B
2024
$17.5B
2024
GNI per capita, PPP
$106,830
2024
$7,100
2024
Total reserves including gold
$81.2B
2024
$3.3B
2023
Total reserves ranking
32/177
2024
117/177
2023
Net foreign direct investment
-$7.83B
2024
-$190M
2024
Net inflows of foreign direct investment
$12B
2024
$291M
2024
Net outflows of foreign direct investment
$4.95B
2024
$101M
2024
Servicing debt to the IMF, % of GNI n/a
3.07%
2024
Poverty at national poverty lines
12.2%
2021
19.8%
2024
Gross capital formation, % of GDP
24.1%
2024
31.7%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/norway/tajikistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1881–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.