Norway Government Spending to GDP

Government spending in Norway was last recorded at 48.7 percent of GDP in 2018 . Government Spending to GDP in Norway averaged 47.16 percent from 1990 until 2018, 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 48.50 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	2941.00	9453.00	198910.00	-60215.00	NOK Million	[+]
Government Spending	199131.00	197152.00	199131.00	67663.00	NOK Million	[+]
Government Spending to GDP	48.70	49.90	55.80	40.20	percent	[+]
Government Revenues	359889.00	349381.00	404678.00	50596.00	NOK Million	[+]
Government Debt	648386.00	523869.00	734596.00	8631.00	NOK Million	[+]
Fiscal Expenditure	356948.00	339928.00	356948.00	74482.00	NOK Million	[+]
Military Expenditure	6824.00	6466.00	6824.00	857.00	USD Million	[+]
Credit Rating	98.71					[+]
Asylum Applications	155.00	150.00	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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	48.70	49.90	55.80	40.20	1990 - 2018	percent	Yearly

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Country	Last		Previous	Range
France	56.00	Dec/18	56.4	57.2 : 45.2	%
Italy	48.60	Dec/18	48.9	56 : 46.6	%
Euro Area	46.80	Dec/18	47	52.8 : 45.4	%
Germany	43.90	Dec/18	43.9	54.7 : 42.8	%
Netherlands	42.20	Dec/18	42.5	59.3 : 42.2	%
Spain	41.30	Dec/18	41	48.1 : 38.3	%
Japan	38.90	Dec/17	39.05	40.91 : 35.03	%
United Kingdom	38.50	Dec/18	38.8	46.4 : 34.1	%
United States	38.00	Dec/17	38.2	43.3 : 33.4	%
Switzerland	32.50	Dec/18	33	34.7 : 28.2	%
South Korea	32.26	Dec/16	32.3	34.9 : 18.6	%
India	13.04	Dec/18	13.22	19.42 : 11.81	%