Fiscal Expenditure in Norway increased to 412222 NOK Million in the second quarter of 2020 from 383877 NOK Million in the first quarter of 2020. source: Statistics Norway

Fiscal Expenditure in Norway averaged 188883.34 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 October of 2020.

Fiscal Expenditure in Norway is expected to be 347000.00 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 366000.00 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
412222.00 383877.00 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 -114258.00 -22430.00 198910.00 -114258.00 NOK Million [+]
Government Spending 200976.00 205541.00 205942.00 69603.00 NOK Million [+]
Government Spending to GDP 51.80 49.20 55.80 40.60 percent [+]
Government Revenues 297964.00 361447.00 404678.00 50596.00 NOK Million [+]
Government Debt 634724.00 715305.00 734596.00 8631.00 NOK Million [+]
Fiscal Expenditure 412222.00 383877.00 412222.00 74482.00 NOK Million [+]
Credit Rating 100.00 [+]
Military Expenditure 6824.00 6466.00 6824.00 857.00 USD Million [+]
Asylum Applications 200.00 130.00 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.