Norway Government Budget  1995-2017 | Data | Chart | Calendar | Forecast

Norway recorded a Government Budget surplus equal to 3.10 percent of the country's Gross Domestic Product in 2016. Government Budget in Norway averaged 10.34 percent of GDP from 1995 until 2016, reaching an all time high of 18.70 percent of GDP in 2008 and a record low of 3.10 percent of GDP in 2016.

Norway Government Budget
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Norway Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.60 32.00 53.70 27.40 percent [+]
Government Budget 3.10 6.00 18.70 3.10 percent of GDP [+]
Government Budget Value -25784.00 -60215.00 198910.00 -60215.00 NOK Million [+]
Government Spending 182926.00 182155.00 182926.00 64440.00 NOK Million [+]
Government Spending to GDP 51.10 48.80 55.80 40.20 percent [+]
Government Revenues 316046.00 254055.00 404678.00 50596.00 NOK Million [+]
Government Debt 627807.00 515617.00 734596.00 8631.00 NOK Million [+]
Fiscal Expenditure 341830.00 314270.00 341830.00 74482.00 NOK Million [+]
Asylum Applications 405.00 340.00 8570.00 195.00 persons [+]
Credit Rating 98.71 [+]
Military Expenditure 6079.50 5815.20 6079.50 832.90 USD Million [+]


Norway Government Budget Notes

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Norway Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Budget - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.10 6.00 18.70 3.10 1995 - 2016 percent of GDP Yearly



government budget by Country

Last
Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada 0.10 Dec/15
China -3.80 Dec/16
Euro Area -1.50 Dec/16
France -3.40 Dec/16
Germany 0.80 Dec/16
India -3.50 Dec/16
Indonesia -2.46 Dec/16
Italy -2.40 Dec/16
Japan -4.50 Dec/16
Mexico -2.60 Dec/16
Netherlands 0.40 Dec/16
Russia -3.70 Dec/16
South Korea -3.00 Dec/15
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.00 Dec/15
United Kingdom -3.00 Dec/16
United States -3.20 Dec/16