Norway vs Türkiye: Liquid liabilities to GDP
Liquid liabilities to GDP over time
- Norway
- Türkiye
How they compare
Norway currently reports 68.3% against 66.2% in Türkiye, a difference of 2.1%.
Across all 62 years both countries report, Norway has been ahead every year.
Norway ranks 88th and Türkiye ranks 89th of 186 countries.
Norway has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Norway | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 49.3% | 17.2% | 32.1% | Norway |
| 1970s | 50.6% | 22.9% | 27.7% | Norway |
| 1980s | 51.8% | 25.3% | 26.5% | Norway |
| 1990s | 55.2% | 30.7% | 24.4% | Norway |
| 2000s | 50.8% | 39.2% | 11.6% | Norway |
| 2010s | 58.9% | 46.4% | 12.5% | Norway |
| 2020s | 71.7% | 63.6% | 8.1% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher liquid liabilities to gdp, Norway or Türkiye?
- Norway, at 68.3% against 66.2% in Türkiye as of 2021.
- What is the difference in liquid liabilities to gdp between Norway and Türkiye?
- 2.1%, with Norway ahead.
- How many years of comparable data are there for Norway and Türkiye?
- 62 years are reported by both, from 1960 to 2021.
- How do Norway and Türkiye rank globally for liquid liabilities to gdp?
- Norway ranks 88th and Türkiye ranks 89th of 186 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Liquid liabilities to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.