Military Expenditure in Norway increased to 6824 USD Million in 2018 from 6466 USD Million in 2017.

Military Expenditure in Norway averaged 3711.33 USD Million from 1949 until 2018, reaching an all time high of 6824 USD Million in 2018 and a record low of 857 USD Million in 1950. Norway Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI

Military Expenditure in Norway is expected to reach 6425.23 USD Million by the end of 2020, 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 2021 and 6616.66 USD Million in 2022, according to our econometric models.

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Norway Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
6824.00 6466.00 6824.00 857.00 1949 - 2018 USD Million Yearly
constant 2017 prices

Norway Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.60 39.40 53.70 28.70 percent [+]
Government Budget 6.40 7.80 18.60 3.10 percent of GDP [+]
Government Budget Value -114258.00 -22430.00 198910.00 -114258.00 NOK Million [+]
Government Spending 200976.00 205541.00 205942.00 69603.00 NOK Million [+]
Government Spending to GDP 51.80 49.20 55.80 40.60 percent [+]
Government Revenues 297964.00 361447.00 404678.00 50596.00 NOK Million [+]
Government Debt 634724.00 715305.00 734596.00 8631.00 NOK Million [+]
Fiscal Expenditure 412222.00 383877.00 412222.00 74482.00 NOK Million [+]
Credit Rating 100.00 [+]
Military Expenditure 6824.00 6466.00 6824.00 857.00 USD Million [+]
Asylum Applications 60.00 30.00 8570.00 30.00 persons [+]