Norway recorded a government budget surplus of 2941 NOK Million in the first quarter of 2019. Government Budget Value in Norway averaged 28820.93 NOK Million from 1991 until 2019, reaching an all time high of 198910 NOK Million in the second quarter of 2008 and a record low of -60215 NOK Million in the fourth quarter of 2016.

Norway Government Budget Value
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Norway Government Last Previous Highest Lowest Unit
Government Debt to GDP 36.20 35.30 53.70 27.30 percent [+]
Government Budget 4.40 4.00 18.70 3.20 percent of GDP [+]
Government Budget Value 2941.00 9453.00 198910.00 -60215.00 NOK Million [+]
Government Spending 199131.00 197152.00 199131.00 67663.00 NOK Million [+]
Government Spending to GDP 48.70 49.90 55.80 40.20 percent [+]
Government Revenues 359889.00 349381.00 404678.00 50596.00 NOK Million [+]
Government Debt 523869.00 614750.00 734596.00 8631.00 NOK Million [+]
Fiscal Expenditure 356948.00 339928.00 356948.00 74482.00 NOK Million [+]
Military Expenditure 6824.00 6466.00 6824.00 857.00 USD Million [+]
Credit Rating 98.71 [+]
Asylum Applications 155.00 150.00 8570.00 130.00 persons [+]


Norway Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Norway Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Budget Value - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2941.00 9453.00 198910.00 -60215.00 1991 - 2019 NOK Million Quarterly
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