Norway recorded a government budget surplus of 94984 NOK Million in the first quarter of 2022. source: Statistics Norway

Government Budget Value in Norway averaged 24263.52 NOK Million from 1991 until 2022, reaching an all time high of 198910 NOK Million in the second quarter of 2008 and a record low of -114258 NOK Million in the second quarter of 2020. This page provides - Norway Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Budget Value - values, historical data and charts - was last updated on July of 2022.

Government Budget Value in Norway is expected to be -25800.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Budget Value is projected to trend around 38800.00 NOK Million in 2023, according to our econometric models.

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Norway Government Budget Value

Related Last Previous Unit Reference
Government Debt to GDP 43.20 45.90 percent of GDP Dec 2021
Government Budget 9.10 -2.60 percent of GDP Dec 2021
Government Budget Value 94984.00 89842.00 NOK Million Mar 2022
Government Spending 228398.00 232545.00 NOK Million Mar 2022
Government Revenues 527551.00 488592.00 NOK Million Mar 2022
Government Debt 797324.00 652533.00 NOK Million Mar 2022
Fiscal Expenditure 432567.00 398750.00 NOK Million Mar 2022

Norway Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
94984.00 89842.00 198910.00 -114258.00 1991 - 2022 NOK Million Quarterly
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