Government spending in Norway was last recorded at 51.8 percent of GDP in 2019 . source: EUROSTAT

Government Spending to GDP in Norway averaged 47.66 percent from 1990 until 2019, reaching an all time high of 55.80 percent in 1992 and a record low of 40.60 percent in 2008. This page provides the latest reported value for - Norway Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Government Spending to GDP - values, historical data and charts - was last updated on February of 2021.

Government Spending to GDP in Norway is expected to reach 56.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Spending to GDP is projected to trend around 54.00 percent in 2021 and 51.00 percent in 2022, according to our econometric models.

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Norway Government Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
51.80 49.20 55.80 40.60 1990 - 2019 percent Yearly

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 [+]