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 49.70 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 48.90 percent in 2020, according to our econometric models.