Annual government expenditure by function (COFOG) — Gross capital in Norway
Norway: Annual government expenditure by function (COFOG) — Gross capital was 283,224 National currency in 2024. ◆ Volatile
Annual government expenditure by function (COFOG) — Gross capital in Norway, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Norway recorded 283,224 National currency for annual government expenditure by function (cofog) — gross capital in 2024. That is the highest value across all 30 years on record.
That represents a change of up 8.0% on the previous year and up 97.1% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Norway peaked at 283,224 National currency in 2024 and was at its lowest, 39,995 National currency, in 1995.
Norway ranks 9th of 28 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government expenditure by function (COFOG) — Gross capital in Norway, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 39,995 National currency | — |
| 1996 | 41,553 National currency | +3.9% |
| 1997 | 48,693 National currency | +17.2% |
| 1998 | 52,611 National currency | +8.0% |
| 1999 | 54,439 National currency | +3.5% |
| 2000 | 50,729 National currency | -6.8% |
| 2001 | 51,075 National currency | +0.7% |
| 2002 | 56,388 National currency | +10.4% |
| 2003 | 62,035 National currency | +10.0% |
| 2004 | 65,408 National currency | +5.4% |
| 2005 | 66,115 National currency | +1.1% |
| 2006 | 75,633 National currency | +14.4% |
| 2007 | 87,546 National currency | +15.8% |
| 2008 | 99,361 National currency | +13.5% |
| 2009 | 110,107 National currency | +10.8% |
| 2010 | 105,595 National currency | -4.1% |
| 2011 | 111,200 National currency | +5.3% |
| 2012 | 112,805 National currency | +1.4% |
| 2013 | 128,662 National currency | +14.1% |
| 2014 | 143,703 National currency | +11.7% |
| 2015 | 149,760 National currency | +4.2% |
| 2016 | 162,930 National currency | +8.8% |
| 2017 | 174,684 National currency | +7.2% |
| 2018 | 193,913 National currency | +11.0% |
| 2019 | 214,442 National currency | +10.6% |
| 2020 | 215,776 National currency | +0.6% |
| 2021 | 220,008 National currency | +2.0% |
| 2022 | 240,294 National currency | +9.2% |
| 2023 | 262,354 National currency | +9.2% |
| 2024 | 283,224 National currency | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47,458 National currency | 39,995 National currency | 54,439 National currency | 5 |
| 2000s | 72,440 National currency | 50,729 National currency | 110,107 National currency | 10 |
| 2010s | 149,769 National currency | 105,595 National currency | 214,442 National currency | 10 |
| 2020s | 244,331 National currency | 215,776 National currency | 283,224 National currency | 5 |
Countries ranked near Norway
- 6 Lithuania 3,424 National currency compare
- 6 Costa Rica 846,642 National currency compare
- 7 Czechia 381,072 National currency compare
- 7 Estonia 2,780 National currency compare
- 8 Latvia 2,714 National currency compare
- 8 Sweden 362,603 National currency compare
- 10 Iceland 186,101 National currency compare
- 11 France 132,089 National currency compare
- 12 Germany 131,382 National currency compare
More public sector data for Norway
- Arms imports 349.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 62.63 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0007 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 74.5 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 349.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,873 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0208 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 18.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 10.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 549.04 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Norway?
- Annual government expenditure by function (cofog) — gross capital in Norway was 283,224 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Norway?
- The highest recorded value was 283,224 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Norway?
- The lowest recorded value was 39,995 National currency in 1995.
- How does Norway rank for annual government expenditure by function (cofog) — gross capital?
- Norway ranks 9th out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Norway?
- Over the last ten years it is up 97.1%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org