Military expenditure in Norway
Norway: Military expenditure was 112.21 billion current LCU in 2024. ◆ Volatile
Military expenditure in Norway, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Norway is 112.21 billion current LCU, measured in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 20.7% on the previous year and up 142.7% over ten years.
Over the whole period, military expenditure in Norway peaked at 112.21 billion current LCU in 2024 and was at its lowest, 1.06 billion current LCU, in 1960.
Norway ranks 67th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.74 billion current LCU | 1.06 billion current LCU | 2.50 billion current LCU | 10 |
| 1970s | 4.67 billion current LCU | 2.77 billion current LCU | 7.36 billion current LCU | 10 |
| 1980s | 14.29 billion current LCU | 8.24 billion current LCU | 20.25 billion current LCU | 10 |
| 1990s | 23.17 billion current LCU | 21.25 billion current LCU | 25.81 billion current LCU | 10 |
| 2000s | 32.27 billion current LCU | 25.72 billion current LCU | 38.96 billion current LCU | 10 |
| 2010s | 49.27 billion current LCU | 39.28 billion current LCU | 66.32 billion current LCU | 10 |
| 2020s | 85.86 billion current LCU | 68.05 billion current LCU | 112.21 billion current LCU | 5 |
Countries ranked near Norway
More public sector data for Norway
- Arms imports 349.00 million SIPRI trend indicator values (2024)
- Tax revenue 24.5% (2024)
- Taxes on income, profits and capital gains 28.5% (2024)
- Taxes on goods and services 18.5% (2024)
- Net investment in nonfinancial assets 3.1% (2024)
- Net lending (+) / net borrowing (-) 13.6% (2024)
- Interest payments 1.6% (2024)
- Grants and other revenue 21.4% (1994)
- Interest payments 1.6% (2023)
- Other taxes 0.5% (2024)
Frequently asked questions
- What is military expenditure in Norway?
- Military expenditure in Norway was 112.21 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Norway?
- The highest recorded value was 112.21 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Norway?
- The lowest recorded value was 1.06 billion current LCU in 1960.
- How does Norway rank for military expenditure?
- Norway ranks 67th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Norway?
- Over the last ten years it is up 142.7%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)