Government Spending in Norway increased to 199131 NOK Million in the first quarter of 2019 from 197152 NOK Million in the fourth quarter of 2018. Government Spending in Norway averaged 129723.74 NOK Million from 1978 until 2019, reaching an all time high of 199131 NOK Million in the first quarter of 2019 and a record low of 67663 NOK Million in the second quarter of 1978.

Government Spending in Norway is expected to be 199635.71 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Norway to stand at 202734.75 in 12 months time. In the long-term, the Norway Government Spending is projected to trend around 212371.55 NOK Million in 2020, according to our econometric models.

Norway Government Spending
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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 648386.00 523869.00 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 175.00 120.00 8570.00 120.00 persons [+]


Norway Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Norway Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Spending - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
199131.00 197152.00 199131.00 67663.00 1978 - 2019 NOK Million Quarterly
Constant Prices 2016, SA




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