Government spending in Norway was last recorded at 50.3 percent of GDP in 2017 . Government Spending to GDP in Norway averaged 47.12 percent from 1990 until 2017, reaching an all time high of 55.80 percent in 1992 and a record low of 40.20 percent in 2008.

Government Spending to GDP in Norway is expected to be 50.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Spending to GDP is projected to trend around 49.40 percent in 2020, according to our econometric models.

Norway Government Spending to GDP
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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 to GDP

This page provides the latest reported value for - Norway Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Government Spending to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
50.30 50.80 55.80 40.20 1990 - 2017 percent Yearly




Country Last
France 56.50 Dec/17
Italy 48.90 Dec/17
Euro Area 47.10 Dec/17
Germany 43.90 Dec/17
Netherlands 42.60 Dec/17
United Kingdom 41.10 Dec/17
Spain 41.00 Dec/17
Japan 39.05 Dec/16
United States 37.70 Dec/16
Australia 36.20 Dec/15
Switzerland 33.00 Dec/17
South Korea 32.26 Dec/16
India 12.74 Dec/17


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