Norway Government Budget - Forecast

Government Budget in Norway is expected to be 4.70 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Budget is projected to trend around 5.10 percent of GDP in 2020, according to our econometric models.


Forecast Data Chart
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Norway Government Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 36.2 34 32 32 32 30
Government Budget 4.4 4.7 4.9 4.9 4.9 5.1
Government Budget Value 3111 -7403 -15271 -1490 -103 -25862
Government Spending 198133 201969 201510 202690 202492 210950
Government Spending to GDP 50.3 50 49.7 49.7 50.3 49.4
Government Revenues 341375 322592 337676 342236 315058 335149
Government Debt 629080 663053 707373 652834 690713 613234
Fiscal Expenditure 338264 327821 352947 343726 315161 361011
Military Expenditure 6330 6380 6395 6410 6425 6617
Credit Rating 98.71
Asylum Applications 280 873 923 927 926 926