Government Spending in Norway increased to 229327 NOK Million in the third quarter of 2021 from 220854 NOK Million in the second quarter of 2021. source: Statistics Norway

Government Spending in Norway averaged 142854.83 NOK Million from 1978 until 2021, reaching an all time high of 229327 NOK Million in the third quarter of 2021 and a record low of 72314 NOK Million in the second quarter of 1978. This page provides - Norway Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Spending - values, historical data and charts - was last updated on January of 2022.

Government Spending in Norway is expected to be 226435.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Spending is projected to trend around 234813.00 NOK Million in 2022 and 240918.00 NOK Million in 2023, according to our econometric models.

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Norway Government Spending

Related Last Previous Unit Reference
Government Debt to GDP 46.00 40.20 percent of GDP Dec/20
Government Budget -3.40 6.60 percent of GDP Dec/20
Government Budget Value -7119.00 -68164.00 NOK Million Sep/21
Government Spending 229327.00 220854.00 NOK Million Sep/21
Government Revenues 349330.00 324179.00 NOK Million Sep/21
Government Debt 721937.00 628081.00 NOK Million Sep/21
Fiscal Expenditure 356449.00 392343.00 NOK Million Sep/21
Norway Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.