Norway recorded a Government Budget deficit equal to 3.40 percent of the country's Gross Domestic Product in 2020. source: Statistics Norway
Government Budget in Norway averaged 9.36 percent of GDP from 1995 until 2020, reaching an all time high of 18.60 percent of GDP in 2008 and a record low of -3.40 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 December of 2021.
Government Budget in Norway is expected to reach -0.20 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Budget is projected to trend around 2.50 percent of GDP in 2022 and 4.50 percent of GDP in 2023, according to our econometric models.