Norway Government Spending to GDP

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.

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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	197790.00	197569.00	197790.00	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	614750.00	629080.00	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	[+]

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 February of 2019.

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

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Country	Last		Previous	Range
France	56.50	Dec/17	56.6	57.2 : 45.1	%
Italy	48.90	Dec/17	49.3	56 : 46.6	%
Euro Area	47.10	Dec/17	47.6	52.8 : 45.4	%
Germany	43.90	Dec/17	44	54.7 : 42.8	%
Netherlands	42.60	Dec/17	43.4	59.3 : 41.8	%
United Kingdom	41.10	Dec/17	41.5	51.2 : 35.4	%
Spain	41.00	Dec/17	42.2	48.1 : 38.3	%
Japan	39.05	Dec/16	39.39	40.91 : 35.03	%
United States	37.70	Dec/16	37.4	42.9 : 33.1	%
Switzerland	33.00	Dec/17	33	34.7 : 28.2	%
South Korea	32.26	Dec/16	32.3	34.9 : 18.6	%
India	12.74	Dec/17	13.27	19.42 : 11.81	%