Military Expenditure in Norway increased to 7399 USD Million in 2019 from 7067 USD Million in 2018. source: SIPRI

Military Expenditure in Norway averaged 3925.01 USD Million from 1949 until 2019, reaching an all time high of 7399 USD Million in 2019 and a record low of 895 USD Million in 1950. Norway Military Expenditure - values, historical data and charts - was last updated on May 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.

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Norway Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
7399.00 7067.00 7399.00 895.00 1949 - 2019 USD Million Yearly
constant 2018 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 -68692.00 -58321.00 198910.00 -114258.00 NOK Million [+]
Government Spending 216517.00 219840.00 219840.00 72314.00 NOK Million [+]
Government Spending to GDP 51.80 49.20 55.80 40.60 percent [+]
Government Revenues 326884.00 302533.00 404678.00 50596.00 NOK Million [+]
Government Debt 637963.00 743263.00 743263.00 8631.00 NOK Million [+]
Fiscal Expenditure 395576.00 360854.00 412222.00 74482.00 NOK Million [+]
Credit Rating 100.00 [+]
Military Expenditure 7399.00 7067.00 7399.00 895.00 USD Million [+]
Asylum Applications 130.00 200.00 8570.00 30.00 persons [+]