Norway recorded a Government Budget surplus equal to 9.10 percent of the country's Gross Domestic Product in 2021. source: Statistics Norway
Government Budget in Norway averaged 9.38 percent of GDP from 1995 until 2021, reaching an all time high of 18.60 percent of GDP in 2008 and a record low of -2.60 percent of GDP in 2020. This page provides - Norway Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Budget - values, historical data and charts - was last updated on May of 2022.
Government Budget in Norway is expected to reach 2.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Budget is projected to trend around 3.50 percent of GDP in 2023 and 4.50 percent of GDP in 2024, according to our econometric models.