Government Spending in Norway increased to 198549 NOK Million in the third quarter of 2018 from 198026 NOK Million in the second quarter of 2018. Government Spending in Norway averaged 128905.04 NOK Million from 1978 until 2018, reaching an all time high of 198549 NOK Million in the third quarter of 2018 and a record low of 67663 NOK Million in the second quarter of 1978.

Government Spending in Norway is expected to be 201969.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Norway to stand at 202294.00 in 12 months time. In the long-term, the Norway Government Spending is projected to trend around 210950.00 NOK Million in 2020, according to our econometric models.

Norway Government Spending
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Norway Government Last Previous Highest Lowest Unit
Government Debt to GDP 36.20 35.30 53.70 27.30 percent [+]
Government Budget 4.40 4.00 18.70 3.20 percent of GDP [+]
Government Budget Value 29995.00 3111.00 198910.00 -60215.00 NOK Million [+]
Government Spending 198549.00 198026.00 198549.00 67663.00 NOK Million [+]
Government Spending to GDP 50.30 50.80 55.80 40.20 percent [+]
Government Revenues 324043.00 341375.00 404678.00 50596.00 NOK Million [+]
Government Debt 629080.00 633565.00 734596.00 8631.00 NOK Million [+]
Fiscal Expenditure 294048.00 338264.00 345906.00 74482.00 NOK Million [+]
Military Expenditure 6329.60 5997.40 6329.60 827.60 USD Million [+]
Credit Rating 98.71 [+]
Asylum Applications 280.00 390.00 8570.00 130.00 persons [+]


Norway Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Norway Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
198549.00 198026.00 198549.00 67663.00 1978 - 2018 NOK Million Quarterly
Constant Prices 2016, SA




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