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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 36.2 34 34 32 32 30
Government Budget 4.4 4.7 4.7 4.9 4.9 5.1
Government Budget Value -10110 -317 -12665 -18678 -15080 -34675
Government Spending 192856 192778 196101 196906 194614 204823
Government Spending to GDP 50.3 50 50 49.7 49.7 49.4
Government Revenues 335796 301658 318765 335137 332785 328319
Government Debt 633565 638394 549114 626435 541557 517418
Fiscal Expenditure 345906 301975 328172 353815 347865 362995
Military Expenditure 6330 6283 6380 6395 6410 6617
Credit Rating 98.71
Asylum Applications 145 951 954 952 952 952