Expense in Norway

Norway: Expense was 34.5% in 2023. ▲ Rising

Latest (2023)
34.5%
Change on year
up 22.0%
World rank
37th
of 157 countries
All-time high
43.7%
in 2020
All-time low
28.3%
in 2022
Years of data
52
1972–2023

Expense in Norway, 1972–2023

010203040197219972023

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Norway recorded 34.5% for expense in 2023.

That represents a change of up 22.0% on the previous year and up 3.7% over ten years.

Over the whole period, expense in Norway peaked at 43.7% in 2020 and was at its lowest, 28.3%, in 2022.

Norway ranks 37th of 157 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 52 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 30.6% 28.3% 33.7% 8
1980s 33.8% 31.6% 36.9% 10
1990s 37.6% 34.7% 40.0% 10
2000s 33.6% 30.2% 37.7% 10
2010s 35.4% 32.9% 38.5% 10
2020s 35.4% 28.3% 43.7% 4

Countries ranked near Norway

  1. 34 Bosnia and Herzegovina 35.3% compare
  2. 35 Tonga 34.7% compare
  3. 36 Kuwait 34.6% compare
  4. 38 Moldova 34.5% compare
  5. 39 Czechia 34.4% compare
  6. 40 Latvia 34.2% compare

See the full ranking of 183 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is expense in Norway?
Expense in Norway was 34.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Norway?
The highest recorded value was 43.7% in 2020.
What is the lowest expense recorded in Norway?
The lowest recorded value was 28.3% in 2022.
How does Norway rank for expense?
Norway ranks 37th out of 157 countries with data for 2023.
Is expense rising or falling in Norway?
Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
Where does this Norway data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.