Adjusted savings: education expenditure (current US$), per unit of GDP in Norway
Norway: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0651 current US$ per US$ of GDP in 2021. ▲ Rising
Adjusted savings: education expenditure (current US$), per unit of GDP in Norway, 1970–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Norway recorded 0.0651 current US$ per US$ of GDP for adjusted savings: education expenditure (current us$), per unit of gdp in 2021.
Compared with earlier readings it is down 2.1% on the previous year and up 12.5% over ten years.
Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in Norway peaked at 0.0752 current US$ per US$ of GDP in 1994 and was at its lowest, 0.0447 current US$ per US$ of GDP, in 1975.
That places Norway 16th out of 194 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure (current US$), per unit of GDP in Norway, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0498 current US$ per US$ of GDP | — |
| 1971 | 0.0519 current US$ per US$ of GDP | +4.1% |
| 1972 | 0.0468 current US$ per US$ of GDP | -9.7% |
| 1973 | 0.0478 current US$ per US$ of GDP | +2.1% |
| 1974 | 0.0457 current US$ per US$ of GDP | -4.4% |
| 1975 | 0.0447 current US$ per US$ of GDP | -2.2% |
| 1976 | 0.0514 current US$ per US$ of GDP | +14.9% |
| 1977 | 0.048 current US$ per US$ of GDP | -6.4% |
| 1978 | 0.0545 current US$ per US$ of GDP | +13.5% |
| 1979 | 0.051 current US$ per US$ of GDP | -6.5% |
| 1980 | 0.0487 current US$ per US$ of GDP | -4.5% |
| 1981 | 0.0477 current US$ per US$ of GDP | -2.1% |
| 1982 | 0.0496 current US$ per US$ of GDP | +3.9% |
| 1983 | 0.0487 current US$ per US$ of GDP | -1.7% |
| 1984 | 0.0479 current US$ per US$ of GDP | -1.8% |
| 1985 | 0.0473 current US$ per US$ of GDP | -1.2% |
| 1986 | 0.0494 current US$ per US$ of GDP | +4.4% |
| 1987 | 0.0514 current US$ per US$ of GDP | +4.2% |
| 1988 | 0.0519 current US$ per US$ of GDP | +0.9% |
| 1989 | 0.0557 current US$ per US$ of GDP | +7.3% |
| 1990 | 0.0546 current US$ per US$ of GDP | -1.9% |
| 1991 | 0.0565 current US$ per US$ of GDP | +3.4% |
| 1992 | 0.0581 current US$ per US$ of GDP | +2.9% |
| 1993 | 0.0738 current US$ per US$ of GDP | +26.9% |
| 1994 | 0.0752 current US$ per US$ of GDP | +2.0% |
| 1995 | 0.0716 current US$ per US$ of GDP | -4.8% |
| 1996 | 0.0677 current US$ per US$ of GDP | -5.4% |
| 1997 | 0.0659 current US$ per US$ of GDP | -2.7% |
| 1998 | 0.0648 current US$ per US$ of GDP | -1.7% |
| 1999 | 0.0627 current US$ per US$ of GDP | -3.1% |
| 2000 | 0.058 current US$ per US$ of GDP | -7.6% |
| 2001 | 0.0629 current US$ per US$ of GDP | +8.4% |
| 2002 | 0.0688 current US$ per US$ of GDP | +9.5% |
| 2003 | 0.0677 current US$ per US$ of GDP | -1.7% |
| 2004 | 0.0667 current US$ per US$ of GDP | -1.4% |
| 2005 | 0.0628 current US$ per US$ of GDP | -5.9% |
| 2006 | 0.058 current US$ per US$ of GDP | -7.5% |
| 2007 | 0.0588 current US$ per US$ of GDP | +1.3% |
| 2008 | 0.0564 current US$ per US$ of GDP | -4.0% |
| 2009 | 0.0626 current US$ per US$ of GDP | +11.0% |
| 2010 | 0.0601 current US$ per US$ of GDP | -4.1% |
| 2011 | 0.0579 current US$ per US$ of GDP | -3.7% |
| 2012 | 0.0666 current US$ per US$ of GDP | +15.2% |
| 2013 | 0.0645 current US$ per US$ of GDP | -3.2% |
| 2014 | 0.0664 current US$ per US$ of GDP | +2.9% |
| 2015 | 0.0639 current US$ per US$ of GDP | -3.7% |
| 2016 | 0.0677 current US$ per US$ of GDP | +5.9% |
| 2017 | 0.066 current US$ per US$ of GDP | -2.5% |
| 2018 | 0.0641 current US$ per US$ of GDP | -2.9% |
| 2019 | 0.0664 current US$ per US$ of GDP | +3.5% |
| 2020 | 0.0665 current US$ per US$ of GDP | +0.2% |
| 2021 | 0.0651 current US$ per US$ of GDP | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0492 current US$ per US$ of GDP | 0.0447 current US$ per US$ of GDP | 0.0545 current US$ per US$ of GDP | 10 |
| 1980s | 0.0498 current US$ per US$ of GDP | 0.0473 current US$ per US$ of GDP | 0.0557 current US$ per US$ of GDP | 10 |
| 1990s | 0.0651 current US$ per US$ of GDP | 0.0546 current US$ per US$ of GDP | 0.0752 current US$ per US$ of GDP | 10 |
| 2000s | 0.0623 current US$ per US$ of GDP | 0.0564 current US$ per US$ of GDP | 0.0688 current US$ per US$ of GDP | 10 |
| 2010s | 0.0643 current US$ per US$ of GDP | 0.0579 current US$ per US$ of GDP | 0.0677 current US$ per US$ of GDP | 10 |
| 2020s | 0.0658 current US$ per US$ of GDP | 0.0651 current US$ per US$ of GDP | 0.0665 current US$ per US$ of GDP | 2 |
Countries ranked near Norway
- 13 Papua New Guinea 0.0674 current US$ per US$ of GDP compare
- 14 Saudi Arabia 0.0671 current US$ per US$ of GDP compare
- 15 Iceland 0.0666 current US$ per US$ of GDP compare
- 17 Eswatini 0.064 current US$ per US$ of GDP compare
- 18 South Africa 0.0636 current US$ per US$ of GDP compare
- 19 Belize 0.0635 current US$ per US$ of GDP compare
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure (current us$), per unit of gdp in Norway?
- Adjusted savings: education expenditure (current us$), per unit of gdp in Norway was 0.0651 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Norway?
- The highest recorded value was 0.0752 current US$ per US$ of GDP in 1994.
- What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Norway?
- The lowest recorded value was 0.0447 current US$ per US$ of GDP in 1975.
- How does Norway rank for adjusted savings: education expenditure (current us$), per unit of gdp?
- Norway ranks 16th out of 194 countries with data for 2021.
- Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Norway?
- Over the last ten years it is up 12.5%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: education expenditure Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.