Government Spending in Norway increased to 205596 NOK Million in the fourth quarter of 2019 from 204579 NOK Million in the third quarter of 2019. Norway Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Norway averaged 134580.43 NOK Million from 1978 until 2019, reaching an all time high of 205596 NOK Million in the fourth quarter of 2019 and a record low of 69603 NOK Million in the second quarter of 1978. This page provides - Norway Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Norway

Government Spending in Norway is expected to be 205200.00 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 212187.00 in 12 months time. In the long-term, the Norway Government Spending is projected to trend around 216855.00 NOK Million in 2021 and 221626.00 NOK Million in 2022, according to our econometric models.

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Norway Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
205596.00 204579.00 205596.00 69603.00 1978 - 2019 NOK Million Quarterly
Constant Prices 2017, SA

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.