Norway Forecast: Government Expenditure

1980 - 2026 | Yearly | NOK bn | International Monetary Fund

Norway Government Expenditure is forecasted to be 1,975.470 NOK bn in Dec 2021 as reported by International Monetary Fund. It records an increase from the last reported number of 1,982.240 NOK bn in Dec 2020. Looking ahead, Norway Government Expenditure is projected to stand at 2,303.270 NOK bn in Dec 2026. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.

View Norway's Forecast: Government Expenditure from 1980 to 2026 in the chart:

Norway Forecast: Government Expenditure

What is Norway's Forecast: Government Expenditure in 2026?

Last Previous Min Max Unit Frequency Range
2,303.270 2026 2,226.520 2025 139.671 1980 2,303.270 2026 NOK bn yearly 1980 - 2026

Forecast: Government Expenditure by Country Comparison

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Includes Forecast: Government Expenditure on 193 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (AFA bn) 643.853 2026 yearly 2002 - 2026
Albania (ALL bn) 701.842 2026 yearly 1997 - 2026
Algeria (DZD bn) 12,004.030 2026 yearly 1990 - 2026
Angola (AOA bn) 12,988.310 2026 yearly 1996 - 2026
Antigua and Barbuda (XCD bn) 1.288 2026 yearly 1990 - 2026
Argentina (ARS bn) 11,418.800 2020 yearly 1993 - 2020
Armenia (AMD bn) 2,575.740 2026 yearly 2005 - 2026
Aruba (%) 23.906 2026 yearly 1995 - 2026
Australia (AUD bn) 947.776 2026 yearly 1988 - 2026
Austria (EUR bn) 240.936 2026 yearly 1988 - 2026
Azerbaijan (AZN bn) 35.378 2026 yearly 1994 - 2026
Bahamas (BSD bn) 3.157 2026 yearly 1990 - 2026
Bahrain (BHD bn) 4.887 2026 yearly 1990 - 2026
Bangladesh (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Barbados (BBD bn) 3.472 2026 yearly 1994 - 2026
Belarus (BYN bn) 77.705 2026 yearly 2001 - 2026
Belgium (EUR bn) 315.593 2026 yearly 1980 - 2026
Belize (BZD bn) 1.601 2026 yearly 1996 - 2026
Benin (XOF bn) 2,393.250 2026 yearly 1989 - 2026
Bhutan (BTN bn) 91.023 2026 yearly 1981 - 2026
Bolivia (BOB bn) 137.611 2026 yearly 1984 - 2026
Bosnia and Herzegovina (BAM bn) 18.397 2026 yearly 1998 - 2026
Botswana (BWP bn) 93.963 2026 yearly 1980 - 2026
Brazil (BRL bn) 3,881.800 2026 yearly 1996 - 2026
Brunei (BND bn) 6.119 2026 yearly 1980 - 2026
Bulgaria (BGN bn) 61.591 2026 yearly 1998 - 2026
Burkina Faso (XOF bn) 3,762.830 2026 yearly 1985 - 2026
Burundi (BIF bn) 2,058.827 2025 yearly 1990 - 2025
Cambodia (KHR bn) 47,292.490 2026 yearly 1996 - 2026
Cameroon (XAF bn) 5,260.960 2026 yearly 2000 - 2026
Canada (CAD bn) 1,235.290 2026 yearly 1980 - 2026
Cape Verde (CVE bn) 82.666 2026 yearly 1994 - 2026
Central African Republic (XAF bn) 387.993 2026 yearly 1988 - 2026
Chad (XAF bn) 1,416.900 2026 yearly 1995 - 2026
Chile (CLP bn) 73,287.600 2026 yearly 1990 - 2026
China (RMB bn) 55,314.710 2026 yearly 1982 - 2026
Colombia (COP bn) 472,919.970 2026 yearly 1982 - 2026
Comoros (KMF bn) 133.176 2026 yearly 1984 - 2026
Congo (XAF bn) 1,729.330 2026 yearly 1989 - 2026
Costa Rica (CRC bn) 8,688.300 2026 yearly 1990 - 2026
Croatia (HRK bn) 267.364 2026 yearly 1992 - 2026
Cyprus (EUR bn) 12.244 2026 yearly 1995 - 2026
Czech Republic (CZK bn) 3,314.610 2026 yearly 1995 - 2026
Democratic Republic of Congo (CDF bn) 23,613.530 2026 yearly 1996 - 2026
Denmark (DKK bn) 1,457.650 2026 yearly 1980 - 2026
Djibouti (DJF bn) 175.593 2026 yearly 1990 - 2026
Dominica (XCD bn) 0.529 2026 yearly 1990 - 2026
Dominican Republic (DOP bn) 1,284.090 2026 yearly 1997 - 2026
Ecuador (USD bn) 39.187 2026 yearly 1995 - 2026
Egypt (EGP bn) 3,086.590 2026 yearly 1999 - 2026
El Salvador (SVC bn) 10.598 2026 yearly 1990 - 2026
Equatorial Guinea (XAF bn) 1,029.470 2026 yearly 1980 - 2026
Eritrea (ERN bn) 15.758 2026 yearly 1992 - 2026
Estonia (EUR bn) 16.555 2026 yearly 1995 - 2026
Swaziland (SZL bn) 27.960 2026 yearly 1980 - 2026
Ethiopia (ETB bn) 1,652.490 2026 yearly 1980 - 2026
Fiji (FJD bn) 4.015 2026 yearly 1992 - 2026
Finland (EUR bn) 155.582 2026 yearly 1980 - 2026
France (EUR bn) 1,563.400 2026 yearly 1980 - 2026
Gabon (XAF bn) 1,973.250 2026 yearly 1990 - 2026
Gambia (GMD bn) 38.617 2026 yearly 2000 - 2026
Georgia (GEL bn) 22.893 2026 yearly 1995 - 2026
Germany (EUR bn) 1,959.560 2026 yearly 1991 - 2026
Ghana (GHS bn) 176.019 2026 yearly 1980 - 2026
Greece (EUR bn) 100.633 2026 yearly 1980 - 2026
Grenada (XCD bn) 0.868 2026 yearly 1990 - 2026
Guatemala (GTQ bn) 119.794 2026 yearly 1995 - 2026
Guinea (GNF bn) 57,433.560 2026 yearly 1990 - 2026
Guinea-Bissau (GWP bn) 265.962 2026 yearly 1991 - 2026
Guyana (GYD bn) 473.907 2026 yearly 1997 - 2026
Haiti (HTG bn) 459.995 2026 yearly 1997 - 2026
Honduras (HNL bn) 270.513 2026 yearly 1990 - 2026
Hong Kong SAR, China (HKD bn) 832.750 2026 yearly 1981 - 2026
Hungary (HUF bn) 31,679.850 2026 yearly 1995 - 2026
Iceland (ISK bn) 1,699.610 2026 yearly 1980 - 2026
India (INR bn) 107,742.550 2026 yearly 1988 - 2026
Indonesia (IDR bn) 3,712,108.940 2026 yearly 1993 - 2026
Iran (IRR bn) 34,492,454.660 2026 yearly 1990 - 2026
Iraq (IQD bn) 150,406.230 2026 yearly 2004 - 2026
Ireland (EUR bn) 115.570 2026 yearly 1980 - 2026
Israel (ILS bn) 717.281 2026 yearly 2000 - 2026
Italy (EUR bn) 958.816 2026 yearly 1988 - 2026
Ivory Coast (XOF bn) 9,996.130 2026 yearly 1997 - 2026
Jamaica (JMD bn) 947.605 2026 yearly 1990 - 2026
Japan (JPY bn) 222,603.350 2026 yearly 1980 - 2026
Jordan (JOD bn) 11.211 2026 yearly 1985 - 2026
Kazakhstan (KZT bn) 23,201.890 2026 yearly 2002 - 2026
Kenya (KES bn) 4,370.210 2026 yearly 1982 - 2026
Kiribati (AUD bn) 0.399 2026 yearly 1990 - 2026
South Korea (KRW bn) 607,457.000 2026 yearly 1995 - 2026
Kosovo (EUR bn) 2.682 2026 yearly 2000 - 2026
Kuwait (KWD bn) 24.119 2026 yearly 1990 - 2026
Kyrgyzstan (KGS bn) 352.745 2026 yearly 1995 - 2026
Laos (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Latvia (LVL bn) 15.816 2026 yearly 1998 - 2026
Lebanon (LBP bn) 20,816.210 2020 yearly 1990 - 2020
Lesotho (LSL bn) 24.402 2026 yearly 1982 - 2026
Liberia (LRD bn) 1.295 2026 yearly 2000 - 2026
Libya (LYD bn) 76.880 2026 yearly 1990 - 2026
Lithuania (LTL bn) 21.986 2026 yearly 1990 - 2026

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Norway Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.4 Dec 2020 quarterly Dec 2002 - Dec 2020
Consolidated Fiscal Balance (USD mn) -6,806.912 Dec 2020 quarterly Mar 2002 - Dec 2020
Tax Revenue (USD mn) 26,908.636 Dec 2020 quarterly Mar 2002 - Dec 2020
Tax Revenue: % of GDP (%) 27.3 Mar 2021 quarterly Mar 2002 - Mar 2021
National Government Debt (USD mn) 183,003.3 2020 yearly 1995 - 2020
Government Debt: % of GDP (%) 46.0 2020 yearly 1995 - 2020
Forecast: Government Expenditure (NOK bn) 2,303.270 2026 yearly 1980 - 2026
Forecast: Government Net Debt (NOK bn) 1,827.950 2026 yearly 1980 - 2026
Forecast: Government Revenue (NOK bn) 2,497.400 2026 yearly 1980 - 2026
General Govt Taxes: GS: Value Added Tax (NOK mn) 311,600.000 2020 yearly 1995 - 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.156 2026 yearly 1980 - 2026
Trade Balance (USD mn) 2,970.8 Jun 2021 monthly Jan 1957 - Jun 2021
Total Exports (USD mn) 11,620.1 Jun 2021 monthly Jan 1975 - Jun 2021
Total Exports Growth (%) 70.7 Jun 2021 monthly Jan 1976 - Jun 2021
Aluminum: Exports (USD th) 3,197,169.054 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 538,047.304 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 241,321.039 2020 yearly 1995 - 2020
Total Imports (USD mn) 8,649.3 Jun 2021 monthly Jan 1976 - Jun 2021
Total Imports Growth (%) 9.5 Jun 2021 monthly Jan 1977 - Jun 2021
Imports: Medicament (USD th) 1,743,317.637 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 670,516.422 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 244.717 Jan 2021 monthly Jan 1988 - Jan 2021
Total Imports from USA (USD mn) 483.470 Mar 2021 monthly Apr 1963 - Mar 2021
Total Exports to China (USD mn) 396.874 Apr 2021 monthly Mar 1977 - Apr 2021
Total Imports from China (USD mn) 862.616 Apr 2021 monthly Apr 1963 - Apr 2021
Exports (NOK mn) 97,877.000 Jun 2021 monthly Jan 1975 - Jun 2021
Imports (NOK mn) 72,854.000 Jun 2021 monthly Jan 1976 - Jun 2021
Exports: Crude Oil (NOK mn) 26,846.000 Jun 2021 monthly Jan 1974 - Jun 2021
Exports: United Kingdom (NOK th) 18,134,445.000 Jun 2021 monthly Jan 1988 - Jun 2021
Exports: Germany (NOK th) 16,041,985.000 Jun 2021 monthly Jan 1988 - Jun 2021
Exports: Netherlands (NOK th) 9,812,240.000 Jun 2021 monthly Jan 1988 - Jun 2021
Exports: Sweden (NOK th) 7,728,477.000 Jun 2021 monthly Jan 1988 - Jun 2021
Exports: France (NOK th) 5,651,253.000 Jun 2021 monthly Jan 1988 - Jun 2021
Exports: 1-Digit: Chemical and Related Product (NOK th) 6,288,448.000 Jun 2021 monthly Jan 1988 - Jun 2021
Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 10,204,124.000 Jun 2021 monthly Jan 1988 - Jun 2021
Exports: 1-Digit: Food and Live Animals (NOK th) 9,592,022.000 Jun 2021 monthly Jan 1988 - Jun 2021
Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 56,231,953.000 Jun 2021 monthly Jan 1988 - Jun 2021
Exports: 1-Digit: Manufactured Goods (NOK th) 9,715,735.000 Jun 2021 monthly Jan 1988 - Jun 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,217.1 Mar 2021 quarterly Mar 1994 - Mar 2021
Current Account Balance (USD mn) 11,080.9 Mar 2021 quarterly Mar 1981 - Mar 2021
Current Account Balance: % of GDP (%) 10.1 Mar 2021 quarterly Mar 1981 - Mar 2021
Foreign Direct Investment (USD mn) 260.5 Mar 2021 quarterly Mar 2005 - Mar 2021
Foreign Direct Investment: % of GDP (%) 0.2 Mar 2021 quarterly Mar 2005 - Mar 2021
Foreign Portfolio Investment (USD mn) 6,099.034 Mar 2021 quarterly Mar 1994 - Mar 2021
Foreign Portfolio Investment: % of GDP (%) 0.8 Dec 2020 quarterly Mar 1994 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 1,884.6 Dec 2020 quarterly Mar 2005 - Dec 2020
Foreign Portfolio Investment: Debt Securities (USD mn) -1,069.491 Dec 2020 quarterly Mar 2005 - Dec 2020
External Debt (USD mn) 710,685.0 Mar 2021 quarterly Mar 2003 - Mar 2021
External Debt: % of GDP (%) 180.1 2020 yearly 2003 - 2020
External Debt: Short Term (USD mn) 270,537.2 Mar 2021 quarterly Mar 2012 - Mar 2021
External Debt: Short Term: % of GDP (%) 64.7 2020 yearly 2012 - 2020
Total Debt: % of GDP (%) 707.8 Dec 2020 quarterly Dec 1995 - Dec 2020
Forecast: Current Account Balance (USD bn) 15.548 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 1,138,386.254 Dec 2020 quarterly Mar 2012 - Dec 2020
BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) -126,008.000 Mar 2021 quarterly Mar 2005 - Mar 2021
BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) 51,904.000 Mar 2021 quarterly Mar 2005 - Mar 2021
BoP: Financial Account (FA): Foreign Assets (NOK mn) 189,481.000 Mar 2021 quarterly Mar 2005 - Mar 2021
BoP: FA: Foreign Liabilities (NOK mn) 92,090.000 Mar 2021 quarterly Mar 2005 - Mar 2021
BoP: Current Account Balance (NOK mn) 94,301.000 Mar 2021 quarterly Mar 1981 - Mar 2021
BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) 27,378.000 Mar 2021 quarterly Mar 2005 - Mar 2021
BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) 2,217.000 Mar 2021 quarterly Mar 2005 - Mar 2021
BoP: FA: Foreign Assets: Reserve Assets (NOK mn) 25,233.000 Mar 2021 quarterly Mar 2005 - Mar 2021
BoP: BI: Net Current Transfers (NOK mn) -9,663.000 Mar 2021 quarterly Mar 1981 - Mar 2021
BoP: FA: Foreign Assets: Other Investments (NOK mn) 262,878.000 Mar 2021 quarterly Mar 2005 - Mar 2021
BoP: FA: Foreign Liabilities: Other Investments (NOK mn) 37,969.000 Mar 2021 quarterly Mar 2005 - Mar 2021
BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 30,611.000 Mar 2021 quarterly Mar 1981 - Mar 2021
IIP: Foreign Assets (NOK mn) 18,400,148.000 Mar 2021 quarterly Mar 2012 - Mar 2021
IIP: Foreign Liabilities (NOK mn) 8,382,460.000 Mar 2021 quarterly Mar 2012 - Mar 2021
International Investment Position (IIP): Foreign Assets: Net (NOK mn) 10,017,688.000 Mar 2021 quarterly Mar 2012 - Mar 2021
Gross External Debt (NOK mn) 6,063,991.000 Mar 2021 quarterly Mar 2012 - Mar 2021
Gross Debt: External Loan Debt: General Public (NOK mn) 1,222,575.000 Dec 2018 quarterly Dec 2015 - Dec 2018
Foreign Direct Investment: Stock (NOK mn) 1,357,695.000 2019 yearly 2004 - 2019
Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 230,733.000 2019 yearly 1998 - 2019
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 110,085.000 2019 yearly 1998 - 2019
Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 33,115.000 2019 yearly 2004 - 2019
Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 4,531.000 2019 yearly 1998 - 2019
Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 217,413.000 2019 yearly 1998 - 2019
No of Bankruptcies: SIC 2007 (Unit) 839.000 Mar 2021 quarterly Mar 2006 - Mar 2021
No of New Registered Enterprises (Unit) 20,717.000 Mar 2021 quarterly Mar 2001 - Mar 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.5 2018 yearly 1990 - 2018
Household Debt: % of GDP (%) 120.1 Dec 2020 quarterly Dec 1995 - Dec 2020
Money Supply M1 (USD mn) 313,146.759 May 2021 monthly Dec 1992 - May 2021
Money Supply M2 (USD mn) 333,612.795 May 2021 monthly Dec 1992 - May 2021
M2 Growth (%) 9.0 Apr 2021 monthly Dec 1993 - Apr 2021
Reserve Requirement Ratio (%) -1.0 Jun 2021 monthly Oct 2011 - Jun 2021
Foreign Exchange Reserves (USD mn) 77,051.4 Jun 2021 monthly Jan 1999 - Jun 2021
Foreign Exchange Reserves: % of GDP (%) 18.021 Mar 2021 quarterly Mar 1999 - Mar 2021
Foreign Exchange Reserves: Months of Import (NA) 9.1 Jun 2021 monthly Jan 1999 - Jun 2021
Gold Reserves (USD mn) 0.000 Jun 2021 monthly Dec 1959 - Jun 2021
Total Deposits (USD mn) 527,508.925 May 2021 monthly May 2009 - May 2021
Total Deposits Growth (%) 9.2 Feb 2021 monthly May 2010 - Feb 2021
Domestic Credit (USD mn) 773,068.4 Apr 2021 monthly Dec 1985 - Apr 2021
Domestic Credit Growth (%) 4.4 Apr 2021 monthly Dec 1986 - Apr 2021
Debt Service Ratio: Households (%) 16.200 Sep 2020 quarterly Mar 1999 - Sep 2020
Debt Service Ratio: Private Non-Financial Sector (%) 27.100 Dec 2020 quarterly Mar 1999 - Dec 2020
Credit to Households (USD bn) 458.564 Dec 2020 quarterly Mar 1975 - Dec 2020
Credit to Private Non-Financial Sector (USD bn) 1,077.729 Dec 2020 quarterly Dec 1953 - Dec 2020
Household Debt (USD mn) 481,553.8 Mar 2021 quarterly Dec 1995 - Mar 2021
Total Loans (USD mn) 778,699.115 Dec 2020 monthly Mar 1996 - Dec 2020
Total Loans Growth (%) 1.81 Mar 2021 monthly Mar 1997 - Mar 2021
Private Debt: % of Nominal GDP (%) 154.38 Dec 2020 quarterly Mar 1996 - Dec 2020
Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 632,887.000 Jun 2021 monthly Jan 1999 - Jun 2021
Official Reserve Assets (NOK mn) 695,531.000 Jun 2021 monthly Jan 1999 - Jun 2021
Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
Non Performing Loans Ratio: Enterprises (%) 0.800 2018 yearly 1990 - 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 21.4 Jun 2021 monthly Feb 2005 - Jun 2021
Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

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