Home/Countries/Norway/Military Spending (% of GDP)

NorwayMilitary Spending (% of GDP)

Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #52 of 153
Latest Value
2.1%
2024
YoY Change
+15.3%
20232024
Global Rank
#52
of 153 countries
Maximum
2.1%
2024
Minimum
1.4%
2008
CAGR
+0.9%
25 years
Last
2.1%
Previous
1.8%
Highest
2.1%
Lowest
1.4%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20242.1%+15.3%
20231.8%+23.8%
20221.5%-12.6%
20211.7%-14.7%
20202.0%+6.6%
20191.8%+7.5%
20181.7%+0.6%
20171.7%+5.4%
20161.6%+8.0%
20151.5%+2.5%
20141.5%+4.1%
20131.4%+0.9%
20121.4%-3.4%
20111.4%-4.3%
20101.5%-5.6%
20091.6%+16.5%
20081.4%-6.1%
20071.5%+1.0%
20061.4%-8.3%
20051.6%-14.5%
20041.8%-6.4%
20032.0%-5.1%
20022.1%+21.9%
20011.7%-0.1%
20001.7%

Top Countries — Military Spending (% of GDP)

#CountryValueYear
1Ukraine34.5%2024
2Israel8.8%2024
3Algeria8.0%2024
4Saudi Arabia7.3%2024
5Russian Federation7.1%2024
6Myanmar6.8%2024
7Qatar6.5%2022
8Oman5.6%2024
9Armenia5.5%2024
10Libya5.3%2023
View all 153 countries →

About This Indicator

Definition

Military expenditure by country as percentage of gross domestic product

Methodology

Data compiled by SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases.

Source: World Bank - World Development IndicatorsView original source →