Expense in Norway
Norway: Expense was 34.5% in 2023. ▲ Rising
Expense in Norway, 1972–2023
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.
Expense in Norway, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 28.4% | — |
| 1973 | 28.3% | -0.4% |
| 1974 | 28.4% | +0.1% |
| 1975 | 29.1% | +2.6% |
| 1976 | 31.4% | +7.7% |
| 1977 | 31.9% | +1.7% |
| 1978 | 33.5% | +5.0% |
| 1979 | 33.7% | +0.5% |
| 1980 | 32.8% | -2.6% |
| 1981 | 32.7% | -0.2% |
| 1982 | 33.3% | +1.8% |
| 1983 | 33.2% | -0.3% |
| 1984 | 32.1% | -3.3% |
| 1985 | 31.6% | -1.7% |
| 1986 | 34.0% | +7.7% |
| 1987 | 35.0% | +2.9% |
| 1988 | 36.4% | +4.0% |
| 1989 | 36.9% | +1.4% |
| 1990 | 38.2% | +3.6% |
| 1991 | 38.9% | +1.6% |
| 1992 | 40.0% | +2.9% |
| 1993 | 39.3% | -1.8% |
| 1994 | 38.6% | -1.7% |
| 1995 | 38.2% | -1.1% |
| 1996 | 36.2% | -5.1% |
| 1997 | 34.7% | -4.3% |
| 1998 | 36.2% | +4.3% |
| 1999 | 35.3% | -2.5% |
| 2000 | 32.1% | -9.0% |
| 2001 | 32.7% | +1.9% |
| 2002 | 37.7% | +15.1% |
| 2003 | 37.3% | -0.9% |
| 2004 | 35.2% | -5.7% |
| 2005 | 33.0% | -6.3% |
| 2006 | 31.8% | -3.5% |
| 2007 | 31.6% | -0.7% |
| 2008 | 30.2% | -4.4% |
| 2009 | 34.7% | +14.9% |
| 2010 | 34.0% | -2.1% |
| 2011 | 33.4% | -1.9% |
| 2012 | 32.9% | -1.3% |
| 2013 | 33.3% | +1.1% |
| 2014 | 34.6% | +4.0% |
| 2015 | 37.0% | +6.7% |
| 2016 | 38.5% | +4.1% |
| 2017 | 37.4% | -2.8% |
| 2018 | 35.9% | -4.0% |
| 2019 | 37.2% | +3.4% |
| 2020 | 43.7% | +17.5% |
| 2021 | 35.2% | -19.3% |
| 2022 | 28.3% | -19.7% |
| 2023 | 34.5% | +22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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)
- GDP (constant 2015 US$), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.886 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 83,813 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 7.56 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 715,378 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 0.3869 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3491 current US$ per US$ of GDP (2025)
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.
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About this data
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.