Norway

Country profiles
Country profiles

Norway

  • Corporate Tax Haven Index ranking: N/A
  • Financial Secrecy Index ranking: 71
  • Tax loss each year to tax havens: $2,511,937,612
  • Tax loss inflicted on other countries: $2,252,916,799

Country profile

Tax abuse losses

$2,511,937,612

lost in tax every year to global tax abuse

$1,853,771,902

lost to tax avoidance committed by multinational corporations

$658,165,710

lost to tax evasion committed by private individuals

  • Equivalent to 1.91% tax revenue (tax revenue in 2020 : $131,523,337,326 trillion)
  • Equivalent to loss of $484 per member of population (Population: 5,189,631.80)
  • Smaller than Global Average tax revenue Loss 2.61%
  • Smaller than Regional Average tax revenue Loss 3.39%

Global Rankings

Corporate Tax Haven Index 2019
#N/A

Global Rank (First is Worst)

N/A/100

Haven Score (100 is Worst)

N/A

Share of global tax havenry

Financial Secrecy Index 2020
#71

Global Rank (First is Worst)

44.30/100

Haven Score (100 is Worst)

0.46%

Share of global tax secrecy

Harm to other countries

$2,252,916,799

in tax lost by other countries

$2,092,570,684

by enabling corporate tax avoidance

$160,346,115

by enabling private tax evasion

Responsible for 0.53% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
178,606 nurses

Social impact of lost tax

Tax loss equivalent to 6.98% of health budget
Tax loss equivalent to 7.66% of education spendings
Suffered tax loss equivalent to paying yearly salaries of
37,499 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Outward Portfolio Inv.
Vulnerable Score for this channel is 58.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

United States (35.8%)
Japan (8.4%)
United Kingdom (6.2%)

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