Military Expenditure in Norway decreased to 7514 USD Million in 2020 from 7520 USD Million in 2019. source: SIPRI

Military Expenditure in Norway averaged 3781.82 USD Million from 1949 until 2020, reaching an all time high of 7520 USD Million in 2019 and a record low of 846 USD Million in 1950. Norway Military Expenditure - values, historical data and charts - was last updated on September of 2021.

Military Expenditure in Norway is expected to reach 6410.18 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Military Expenditure is projected to trend around 6485.84 USD Million in 2022 and 6616.66 USD Million in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Norway Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
7514.00 7520.00 7520.00 846.00 1949 - 2020 USD Million Yearly
Constant 2019 prices

Norway Government Last Previous Highest Lowest Unit
Government Debt to GDP 46.00 40.20 53.70 28.70 percent of GDP [+]
Government Budget -3.40 6.60 18.60 -3.40 percent of GDP [+]
Government Budget Value -68164.00 -96018.00 198910.00 -114258.00 NOK Million [+]
Government Spending 220854.00 216517.00 220854.00 72314.00 NOK Million [+]
Government Spending to GDP 58.40 51.50 58.40 40.60 percent of GDP [+]
Government Revenues 324179.00 340618.00 404678.00 50596.00 NOK Million [+]
Government Debt 628081.00 765174.00 765174.00 8631.00 NOK Million [+]
Fiscal Expenditure 392343.00 436636.00 436636.00 74482.00 NOK Million [+]
Credit Rating 100.00 [+]
Military Expenditure 7514.00 7520.00 7520.00 846.00 USD Million [+]
Asylum Applications 70.00 70.00 8570.00 30.00 persons [+]