Highest and lowest municipal debt
The municipality's net loan debt compared with its annual operating income.
Båtsfjord has the highest net loan debt as a share of operating income of Norway's municipalities at 208.7% (2025). The lowest is Bykle at 13.5%. Source: SSB (KOSTRA), table 12143, processed by Morning Analytics 30 October 2026.
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208.7%Highest: Båtsfjord
84.9%Median of the municipalities
13.5%Lowest: Bykle
What explains the placing?
- 1. Båtsfjord 208.7% Small municipality (2,104 inhabitants): one company or a few people can move the figure a lot. 146% above the median of the municipalities.
- 2. Dyrøy 180.9% Small municipality (1,077 inhabitants): one company or a few people can move the figure a lot. 113% above the median of the municipalities.
- 3. Kárášjohka - Karasjok 177.9% Small municipality (2,524 inhabitants): one company or a few people can move the figure a lot. 110% above the median of the municipalities.
- 355. Fyresdal 16.3% Small municipality (1,274 inhabitants): one company or a few people can move the figure a lot. 81% below the median of the municipalities.
- 356. Lurøy 16.0% Small municipality (1,953 inhabitants): one company or a few people can move the figure a lot. 81% below the median of the municipalities.
- 357. Bykle 13.5% Small municipality (1,057 inhabitants): one company or a few people can move the figure a lot. 84% below the median of the municipalities.
| # | Municipality | net loan debt as a share of operating income |
|---|---|---|
| 1 | Båtsfjordsmall municipality | 208.7% |
| 2 | Dyrøysmall municipality | 180.9% |
| 3 | Kárášjohka - Karasjoksmall municipality | 177.9% |
| 4 | Hitra | 173.9% |
| 5 | Hammerfest - Hámmerfeasta | 167.4% |
| 6 | Berlevågsmall municipality | 149.7% |
| 7 | Lørenskog | 149.1% |
| 8 | Hjartdalsmall municipality | 146.6% |
| 9 | Harstad - Hárstták | 143.3% |
| 10 | Hareid | 140.1% |
| 11 | Askøy | 139.6% |
| 12 | Åfjordsmall municipality | 138.7% |
| 13 | Ibestadsmall municipality | 138.2% |
| 14 | Vadsø | 138.2% |
| 15 | Våler (Østfold) | 137.9% |
| 16 | Bardusmall municipality | 136.3% |
| 17 | Ørland | 133.7% |
| 18 | Evenes - Evenáššismall municipality | 132.9% |
| 19 | Volda | 131.6% |
| 20 | Værøysmall municipality | 131.0% |
| 21 | Frøya | 130.2% |
| 22 | Hadsel | 129.0% |
| 23 | Ulstein | 128.3% |
| 24 | Viksmall municipality | 126.8% |
| 25 | Giske | 126.4% |
| 26 | Vestby | 126.2% |
| 27 | Kinn | 125.7% |
| 28 | Lyngen - Ivgu - Yykeäsmall municipality | 125.4% |
| 29 | Rælingen | 125.2% |
| 30 | Malvik | 124.7% |
| 31 | Verdal | 123.3% |
| 32 | Ålesund | 122.8% |
| 33 | Levanger - Levangke | 121.9% |
| 34 | Nordre Follo | 120.5% |
| 35 | Vestre Toten | 120.5% |
| 36 | Frogn | 120.1% |
| 37 | Overhallasmall municipality | 119.9% |
| 38 | Selbusmall municipality | 119.8% |
| 39 | Sørreisasmall municipality | 119.8% |
| 40 | Haram | 119.4% |
| 41 | Ullensaker | 119.3% |
| 42 | Tromsø | 118.4% |
| 43 | Kristiansund | 116.3% |
| 44 | Strandasmall municipality | 116.3% |
| 45 | Halden | 116.1% |
| 46 | Nesbyensmall municipality | 115.6% |
| 47 | Sykkylven | 114.9% |
| 48 | Senja | 114.1% |
| 49 | Molde | 113.7% |
| 50 | Lillesand | 112.9% |
| 51 | Sula | 112.7% |
| 52 | Fauske - Fuossko | 111.7% |
| 53 | Vågan | 111.6% |
| 54 | Målselv | 111.4% |
| 55 | Kvam | 111.3% |
| 56 | Tysvær | 111.1% |
| 57 | Hvalersmall municipality | 110.8% |
| 58 | Krødsheradsmall municipality | 110.8% |
| 59 | Narvik | 110.6% |
| 60 | Lebesbysmall municipality | 110.6% |
| 61 | Vefsn | 110.5% |
| 62 | Øvre Eiker | 110.2% |
| 63 | Fredrikstad | 110.1% |
| 64 | Øksnessmall municipality | 110.0% |
| 65 | Balsfjord | 109.5% |
| 66 | Gjerstadsmall municipality | 109.4% |
| 67 | Vegasmall municipality | 109.3% |
| 68 | Lillehammer | 109.3% |
| 69 | Nissedalsmall municipality | 108.7% |
| 70 | Ørsta | 108.2% |
| 71 | Hurdalsmall municipality | 108.1% |
| 72 | Steinkjer - Stïentje | 107.8% |
| 73 | Røros - Rosse | 107.7% |
| 74 | Fjalersmall municipality | 107.5% |
| 75 | Hustadvika | 107.4% |
| 76 | Unjárga - Nessebysmall municipality | 107.4% |
| 77 | Markersmall municipality | 107.3% |
| 78 | Skjervøysmall municipality | 107.1% |
| 79 | Færder | 107.0% |
| 80 | Drangedalsmall municipality | 106.8% |
| 81 | Inderøy | 106.6% |
| 82 | Horten | 106.4% |
| 83 | Nannestad | 105.7% |
| 84 | Indre Fosen | 105.7% |
| 85 | Solundsmall municipality | 105.0% |
| 86 | Vågåsmall municipality | 104.3% |
| 87 | Strand | 104.1% |
| 88 | Dønnasmall municipality | 104.1% |
| 89 | Bjørnafjorden | 103.6% |
| 90 | Melhus | 103.2% |
| 91 | Lillestrøm | 103.0% |
| 92 | Sør-Fronsmall municipality | 101.1% |
| 93 | Bøsmall municipality | 100.8% |
| 94 | Holmestrand | 100.7% |
| 95 | Nittedal | 100.4% |
| 96 | Arendal | 100.2% |
| 97 | Drammen | 100.1% |
| 98 | Bamble | 100.1% |
| 99 | Deatnu - Tanasmall municipality | 100.0% |
| 100 | Skaun | 99.7% |
| 101 | Folldalsmall municipality | 99.3% |
| 102 | Gáivuotna - Kåfjord - Kaivuonosmall municipality | 99.3% |
| 103 | Alstahaug | 99.1% |
| 104 | Andøysmall municipality | 99.1% |
| 105 | Gloppen | 99.0% |
| 106 | Midtre Gauldal | 98.9% |
| 107 | Nærøysund | 98.5% |
| 108 | Kragerø | 98.4% |
| 109 | Lomsmall municipality | 98.0% |
| 110 | Eidsvoll | 97.9% |
| 111 | Birkenes | 97.8% |
| 112 | Rauma | 97.6% |
| 113 | Ringerike | 97.4% |
| 114 | Orkland | 97.1% |
| 115 | Sør-Varanger | 97.0% |
| 116 | Nordreisa - Ráisa - Raisismall municipality | 96.9% |
| 117 | Averøy | 96.6% |
| 118 | Heim | 96.6% |
| 119 | Smølasmall municipality | 96.4% |
| 120 | Ås | 96.4% |
| 121 | Vardøsmall municipality | 96.4% |
| 122 | Asker | 96.3% |
| 123 | Lunner | 96.3% |
| 124 | Holtålensmall municipality | 96.2% |
| 125 | Stange | 96.0% |
| 126 | Kvinnherad | 95.9% |
| 127 | Stor-Elvdalsmall municipality | 95.2% |
| 128 | Herøy (Nordland)small municipality | 95.0% |
| 129 | Sortland - Suortá | 94.3% |
| 130 | Bodø | 94.2% |
| 131 | Randaberg | 93.4% |
| 132 | Guovdageaidnu - Kautokeinosmall municipality | 93.2% |
| 133 | Grongsmall municipality | 93.1% |
| 134 | Porsgrunn | 92.9% |
| 135 | Vestvågøy | 92.6% |
| 136 | Tvedestrand | 92.4% |
| 137 | Storfjord - Omasvuotna - Omasvuonosmall municipality | 92.4% |
| 138 | Lier | 92.1% |
| 139 | Rennebusmall municipality | 92.1% |
| 140 | Stad | 92.0% |
| 141 | Stjørdal | 91.9% |
| 142 | Dielddanuorri - Tjeldsundsmall municipality | 91.7% |
| 143 | Hyllestadsmall municipality | 91.5% |
| 144 | Ringebusmall municipality | 91.4% |
| 145 | Larvik | 90.7% |
| 146 | Øystre Slidresmall municipality | 90.6% |
| 147 | Indre Østfold | 90.4% |
| 148 | Loppasmall municipality | 90.4% |
| 149 | Trondheim - Tråante | 90.3% |
| 150 | Gjøvik | 90.2% |
| 151 | Våler (Innlandet)small municipality | 90.1% |
| 152 | Nord-Odalsmall municipality | 89.8% |
| 153 | Høyangersmall municipality | 89.7% |
| 154 | Rana - Raane | 89.6% |
| 155 | Aurskog-Høland | 89.6% |
| 156 | Kongsberg | 89.6% |
| 157 | Østre Toten | 88.9% |
| 158 | Tønsberg | 88.4% |
| 159 | Froland | 88.4% |
| 160 | Flatangersmall municipality | 88.4% |
| 161 | Gratangen - Rivttáksmall municipality | 88.2% |
| 162 | Brønnøy | 88.1% |
| 163 | Sandesmall municipality | 87.8% |
| 164 | Namsos - Nåavmesjenjaelmie | 87.4% |
| 165 | Sunnfjord | 87.3% |
| 166 | Gjerdrum | 87.1% |
| 167 | Sel | 87.1% |
| 168 | Kristiansand | 87.0% |
| 169 | Åsnes | 86.8% |
| 170 | Øyer | 86.6% |
| 171 | Sarpsborg | 86.4% |
| 172 | Sør-Odal | 86.4% |
| 173 | Austevoll | 86.3% |
| 174 | Alver | 86.1% |
| 175 | Steigensmall municipality | 85.9% |
| 176 | Ossmall municipality | 85.7% |
| 177 | Høylandetsmall municipality | 85.7% |
| 178 | Gausdal | 85.1% |
| 179 | Flakstadsmall municipality | 84.9% |
| 180 | Flesbergsmall municipality | 84.6% |
| 181 | Skien | 84.6% |
| 182 | Vangsmall municipality | 84.5% |
| 183 | Bremangersmall municipality | 84.5% |
| 184 | Eigersund | 84.4% |
| 185 | Fjordsmall municipality | 84.4% |
| 186 | Haugesund | 84.3% |
| 187 | Hamar | 84.2% |
| 188 | Elverum | 84.2% |
| 189 | Surnadal | 84.1% |
| 190 | Hábmer - Hamarøysmall municipality | 84.1% |
| 191 | Bærum | 83.9% |
| 192 | Oslo - Oslove | 83.7% |
| 193 | Kongsvinger | 83.7% |
| 194 | Ringsaker | 83.4% |
| 195 | Røstsmall municipality | 83.0% |
| 196 | Ulviksmall municipality | 83.0% |
| 197 | Tinn | 82.9% |
| 198 | Askvollsmall municipality | 82.3% |
| 199 | Stryn | 82.3% |
| 200 | Trysil | 82.2% |
| 201 | Lødingensmall municipality | 81.6% |
| 202 | Notodden | 80.8% |
| 203 | Time | 80.7% |
| 204 | Beiarnsmall municipality | 80.6% |
| 205 | Søndre Land | 80.6% |
| 206 | Nordkappsmall municipality | 80.2% |
| 207 | Boknsmall municipality | 80.0% |
| 208 | Aremarksmall municipality | 79.9% |
| 209 | Lyngdal | 79.5% |
| 210 | Austrheimsmall municipality | 79.5% |
| 211 | Eidskog | 79.4% |
| 212 | Gildeskålsmall municipality | 79.3% |
| 213 | Nesodden | 78.9% |
| 214 | Nome | 78.6% |
| 215 | Måsøysmall municipality | 78.4% |
| 216 | Gjesdal | 78.1% |
| 217 | Hemnessmall municipality | 78.1% |
| 218 | Risør | 78.0% |
| 219 | Bergen | 78.0% |
| 220 | Vegårsheismall municipality | 77.6% |
| 221 | Skjåksmall municipality | 77.0% |
| 222 | Gamviksmall municipality | 77.0% |
| 223 | Vestre Slidresmall municipality | 76.7% |
| 224 | Osensmall municipality | 76.7% |
| 225 | Råde | 76.6% |
| 226 | Herøy (Møre og Romsdal) | 76.5% |
| 227 | Lærdalsmall municipality | 76.5% |
| 228 | Hemsedalsmall municipality | 76.3% |
| 229 | Kvæfjordsmall municipality | 76.3% |
| 230 | Hjelmelandsmall municipality | 76.1% |
| 231 | Vennesla | 75.8% |
| 232 | Vaksdalsmall municipality | 75.8% |
| 233 | Salangensmall municipality | 75.7% |
| 234 | Øygarden | 75.3% |
| 235 | Samnangersmall municipality | 75.2% |
| 236 | Lindesnes | 75.1% |
| 237 | Bømlo | 74.8% |
| 238 | Moss | 74.7% |
| 239 | Enebakk | 74.6% |
| 240 | Flåsmall municipality | 74.6% |
| 241 | Farsund | 74.6% |
| 242 | Seljordsmall municipality | 74.5% |
| 243 | Klepp | 74.0% |
| 244 | Tolgasmall municipality | 73.9% |
| 245 | Sokndalsmall municipality | 73.7% |
| 246 | Alta | 73.6% |
| 247 | Osterøy | 73.4% |
| 248 | Rakkestad | 73.3% |
| 249 | Aukrasmall municipality | 72.9% |
| 250 | Karmøy | 72.6% |
| 251 | Lesjasmall municipality | 72.5% |
| 252 | Trænasmall municipality | 72.1% |
| 253 | Etnesmall municipality | 72.1% |
| 254 | Hå | 72.0% |
| 255 | Tingvollsmall municipality | 72.0% |
| 256 | Engerdalsmall municipality | 71.7% |
| 257 | Vinjesmall municipality | 71.7% |
| 258 | Sunndal | 71.6% |
| 259 | Karlsøysmall municipality | 70.5% |
| 260 | Nordre Land | 70.3% |
| 261 | Stavanger | 70.2% |
| 262 | Jevnaker | 70.2% |
| 263 | Nord-Aurdal | 70.1% |
| 264 | Utsirasmall municipality | 70.0% |
| 265 | Sandnes | 69.3% |
| 266 | Gran | 68.9% |
| 267 | Bjerkreimsmall municipality | 68.6% |
| 268 | Kvænangensmall municipality | 68.2% |
| 269 | Sør-Aurdalsmall municipality | 67.9% |
| 270 | Tynset | 67.7% |
| 271 | Sirdalsmall municipality | 67.7% |
| 272 | Skiptvetsmall municipality | 67.5% |
| 273 | Hasviksmall municipality | 67.4% |
| 274 | Ullensvang | 67.3% |
| 275 | Leirfjordsmall municipality | 67.2% |
| 276 | Aurlandsmall municipality | 66.8% |
| 277 | Tysnessmall municipality | 66.4% |
| 278 | Stord | 66.3% |
| 279 | Snåase - Snåsasmall municipality | 66.2% |
| 280 | Saudasmall municipality | 66.1% |
| 281 | Hole | 66.1% |
| 282 | Namsskogansmall municipality | 65.9% |
| 283 | Alvdalsmall municipality | 65.6% |
| 284 | Granesmall municipality | 65.4% |
| 285 | Nesnasmall municipality | 65.3% |
| 286 | Nord-Fron | 65.1% |
| 287 | Nes | 65.0% |
| 288 | Gjemnessmall municipality | 64.9% |
| 289 | Meløy | 64.7% |
| 290 | Grimstad | 64.7% |
| 291 | Åmotsmall municipality | 64.5% |
| 292 | Rollagsmall municipality | 64.4% |
| 293 | Vestnes | 64.3% |
| 294 | Auresmall municipality | 64.1% |
| 295 | Midt-Telemark | 63.8% |
| 296 | Bindalsmall municipality | 63.5% |
| 297 | Sveio | 63.4% |
| 298 | Fitjarsmall municipality | 63.3% |
| 299 | Sogndal | 63.2% |
| 300 | Evje og Hornnessmall municipality | 63.1% |
| 301 | Loabák - Lavangensmall municipality | 63.1% |
| 302 | Flekkefjord | 62.7% |
| 303 | Vanylvensmall municipality | 62.2% |
| 304 | Eidfjordsmall municipality | 62.2% |
| 305 | Golsmall municipality | 61.3% |
| 306 | Raarvihke - Røyrviksmall municipality | 60.6% |
| 307 | Gruesmall municipality | 60.5% |
| 308 | Frostasmall municipality | 60.1% |
| 309 | Sola | 60.0% |
| 310 | Luster | 59.1% |
| 311 | Løten | 58.8% |
| 312 | Vallesmall municipality | 58.7% |
| 313 | Hægebostadsmall municipality | 58.3% |
| 314 | Saltdalsmall municipality | 58.1% |
| 315 | Rindalsmall municipality | 58.1% |
| 316 | Lekasmall municipality | 57.8% |
| 317 | Sigdalsmall municipality | 57.4% |
| 318 | Årdal | 56.8% |
| 319 | Dovresmall municipality | 56.5% |
| 320 | Sømnasmall municipality | 56.4% |
| 321 | Moskenessmall municipality | 56.0% |
| 322 | Åmlismall municipality | 55.8% |
| 323 | Voss | 55.5% |
| 324 | Kvitsøysmall municipality | 55.4% |
| 325 | Vindafjord | 54.2% |
| 326 | Etnedalsmall municipality | 54.2% |
| 327 | Liernesmall municipality | 53.7% |
| 328 | Holsmall municipality | 53.1% |
| 329 | Tokkesmall municipality | 53.0% |
| 330 | Sørfold - Fuolldásmall municipality | 52.9% |
| 331 | Byglandsmall municipality | 52.6% |
| 332 | Kviteseidsmall municipality | 51.9% |
| 333 | Rødøysmall municipality | 51.0% |
| 334 | Meråkersmall municipality | 50.9% |
| 335 | Tydalsmall municipality | 49.7% |
| 336 | Rendalensmall municipality | 48.7% |
| 337 | Gulensmall municipality | 48.7% |
| 338 | Nore og Uvdalsmall municipality | 48.1% |
| 339 | Kvinesdal | 48.1% |
| 340 | Oppdal | 48.0% |
| 341 | Lundsmall municipality | 47.8% |
| 342 | Porsanger - Porsángu - Porsankismall municipality | 46.9% |
| 343 | Siljansmall municipality | 46.2% |
| 344 | Vevelstadsmall municipality | 43.0% |
| 345 | Aarborte - Hattfjelldalsmall municipality | 40.8% |
| 346 | Suldalsmall municipality | 39.4% |
| 347 | Modum | 38.9% |
| 348 | Åseralsmall municipality | 38.5% |
| 349 | Sandefjord | 37.4% |
| 350 | Ål | 37.0% |
| 351 | Modalensmall municipality | 36.4% |
| 352 | Ivelandsmall municipality | 34.6% |
| 353 | Fedjesmall municipality | 29.3% |
| 354 | Masfjordensmall municipality | 28.5% |
| 355 | Fyresdalsmall municipality | 16.3% |
| 356 | Lurøysmall municipality | 16.0% |
| 357 | Byklesmall municipality | 13.5% |