Fiscal Expenditure in Norway decreased to 360854 NOK Million in the third quarter of 2020 from 412222 NOK Million in the second quarter of 2020. source: Statistics Norway

Fiscal Expenditure in Norway averaged 190328.47 NOK Million from 1991 until 2020, reaching an all time high of 412222 NOK Million in the second quarter of 2020 and a record low of 74482 NOK Million in the first quarter of 1991. This page provides - Norway Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Fiscal Expenditure - values, historical data and charts - was last updated on March of 2021.

Fiscal Expenditure in Norway is expected to be 365200.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Norway to stand at 342000.00 in 12 months time. In the long-term, the Norway Fiscal Expenditure is projected to trend around 355200.00 NOK Million in 2021 and 347000.00 NOK Million in 2022, according to our econometric models.

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Norway Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
360854.00 412222.00 412222.00 74482.00 1991 - 2020 NOK Million Quarterly
Current Prices, NSA

Norway Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.60 39.40 53.70 28.70 percent [+]
Government Budget 6.40 7.80 18.60 3.10 percent of GDP [+]
Government Budget Value -58321.00 -114258.00 198910.00 -114258.00 NOK Million [+]
Government Spending 220461.00 214474.00 220461.00 72314.00 NOK Million [+]
Government Spending to GDP 51.80 49.20 55.80 40.60 percent [+]
Government Revenues 302533.00 297964.00 404678.00 50596.00 NOK Million [+]
Government Debt 743263.00 634724.00 743263.00 8631.00 NOK Million [+]
Fiscal Expenditure 360854.00 412222.00 412222.00 74482.00 NOK Million [+]
Credit Rating 100.00 [+]
Military Expenditure 6824.00 6466.00 6824.00 857.00 USD Million [+]
Asylum Applications 130.00 200.00 8570.00 30.00 persons [+]

Norway Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.