Government spending in Norway was last recorded at 49.2 percent of GDP in 2021 . source: EUROSTAT
Government Spending to GDP in Norway averaged 48.03 percent of GDP from 1990 until 2021, reaching an all time high of 58.50 percent of GDP in 2020 and a record low of 40.60 percent of GDP in 2008. This page provides the latest reported value for - Norway Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Government Spending to GDP - values, historical data and charts - was last updated on January of 2023.
Government Spending to GDP in Norway is expected to reach 51.00 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 Spending to GDP is projected to trend around 54.00 percent of GDP in 2023 and 49.00 percent of GDP in 2024, according to our econometric models.