Government Spending in Norway decreased to 228398 NOK Million in the first quarter of 2022 from 232545 NOK Million in the fourth quarter of 2021. source: Statistics Norway

Government Spending in Norway averaged 143844.85 NOK Million from 1978 until 2022, reaching an all time high of 232545 NOK Million in the fourth quarter of 2021 and a record low of 72314 NOK Million in the second quarter of 1978. This page provides - Norway Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Spending - values, historical data and charts - was last updated on August of 2022.

Government Spending in Norway is expected to be 236207.00 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 Spending is projected to trend around 247419.00 NOK Million in 2023 and 253357.00 NOK Million in 2024, according to our econometric models.

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Norway Government Spending

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 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.
Actual Previous Highest Lowest Dates Unit Frequency
228398.00 232545.00 232545.00 72314.00 1978 - 2022 NOK Million Quarterly
Constant Prices 2018, SA