Home/Countries/Norway/Government Expense (% of GDP)

NorwayGovernment Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #35 of 138Series years: 20002023
Latest Value
34.5%
2023
YoY Change
+22.0%
20222023
Global Rank
#35
of 138 countries
Maximum
43.7%
2020
Minimum
28.3%
2022
CAGR
+0.3%
24 years
Last
34.5%
Previous
28.3%
Highest
43.7%
Lowest
28.3%
Unit
% of GDP
Source
World Bank World Development Indicators

Norway's government expense (% of GDP) was 34.5% in 2023, ranking #35 out of 138 countries. This represents a +22.0% change from 2022. Over the past 24 years, the highest recorded value was 43.7% (2020) and the lowest was 28.3% (2022). Data sourced from the World Bank World Development Indicators.

Norway — Government Expense (% of GDP): 34.518210681823 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202334.5%+22.0%
202228.3%-19.7%
202135.2%-19.3%
202043.7%+17.5%
201937.2%+3.4%
201835.9%-4.0%
201737.4%-2.8%
201638.5%+4.1%
201537.0%+6.7%
201434.6%+4.0%
201333.3%+1.1%
201232.9%-1.3%
201133.4%-1.9%
201034.0%-2.1%
200934.7%+14.9%
200830.2%-4.4%
200731.6%-0.7%
200631.8%-3.5%
200533.0%-6.3%
200435.2%-5.7%
200337.3%-0.9%
200237.7%+15.1%
200132.7%+1.9%
200032.1%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

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.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →