Military Expenditure in Norway decreased to 7514 USD Million in 2020 from 7520 USD Million in 2019. source: SIPRI
Military Expenditure in Norway averaged 3781.82 USD Million from 1949 until 2020, reaching an all time high of 7520 USD Million in 2019 and a record low of 846 USD Million in 1950. Norway Military Expenditure - values, historical data and charts - was last updated on August of 2021.
Military Expenditure in Norway is expected to reach 6410.18 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Military Expenditure is projected to trend around 6485.84 USD Million in 2022 and 6616.66 USD Million in 2023, according to our econometric models.