Annual government: Gross fixed capital formation … function fixed in Norway
Norway: Annual government: Gross fixed capital formation … function fixed was 282,385 National currency in 2024. ◆ Volatile
Annual government expenditure by function (COFOG) — Gross fixed in Norway, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Norway recorded 282,385 National currency for annual government expenditure by function (cofog) — gross fixed in 2024. That is the highest value across all 30 years on record.
The figure is up 7.6% on the previous year and up 95.2% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross fixed in Norway peaked at 282,385 National currency in 2024 and was at its lowest, 39,960 National currency, in 1995.
Norway ranks 7th of 27 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government: Gross fixed capital formation … function fixed in Norway, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 39,960 National currency | — |
| 1996 | 41,979 National currency | +5.1% |
| 1997 | 49,135 National currency | +17.0% |
| 1998 | 53,687 National currency | +9.3% |
| 1999 | 54,709 National currency | +1.9% |
| 2000 | 51,436 National currency | -6.0% |
| 2001 | 52,870 National currency | +2.8% |
| 2002 | 56,997 National currency | +7.8% |
| 2003 | 63,671 National currency | +11.7% |
| 2004 | 68,484 National currency | +7.6% |
| 2005 | 69,410 National currency | +1.4% |
| 2006 | 78,593 National currency | +13.2% |
| 2007 | 89,976 National currency | +14.5% |
| 2008 | 100,897 National currency | +12.1% |
| 2009 | 110,921 National currency | +9.9% |
| 2010 | 107,452 National currency | -3.1% |
| 2011 | 113,095 National currency | +5.3% |
| 2012 | 115,077 National currency | +1.8% |
| 2013 | 131,801 National currency | +14.5% |
| 2014 | 144,660 National currency | +9.8% |
| 2015 | 151,990 National currency | +5.1% |
| 2016 | 165,169 National currency | +8.7% |
| 2017 | 173,841 National currency | +5.3% |
| 2018 | 193,934 National currency | +11.6% |
| 2019 | 214,168 National currency | +10.4% |
| 2020 | 217,403 National currency | +1.5% |
| 2021 | 220,455 National currency | +1.4% |
| 2022 | 240,964 National currency | +9.3% |
| 2023 | 262,353 National currency | +8.9% |
| 2024 | 282,385 National currency | +7.6% |
Norway compared with similar countries
- Norway's 282,385 National currency is above the median for high income countries, which is 93,394 National currency, 3.0× the median. (26 countries reporting)
- Norway's 282,385 National currency is above the median for Europe & Central Asia, which is 78,345 National currency, 3.6× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47,894 National currency | 39,960 National currency | 54,709 National currency | 5 |
| 2000s | 74,326 National currency | 51,436 National currency | 110,921 National currency | 10 |
| 2010s | 151,119 National currency | 107,452 National currency | 214,168 National currency | 10 |
| 2020s | 244,712 National currency | 217,403 National currency | 282,385 National currency | 5 |
Countries ranked near Norway
- 4 Netherlands 36,895 National currency compare
- 4 United States 985,722 National currency compare
- 5 Slovenia 3,462 National currency compare
- 5 Czechia 376,546 National currency compare
- 6 Lithuania 3,326 National currency compare
- 6 Sweden 352,916 National currency compare
- 7 Latvia 2,561 National currency compare
- 8 Iceland 182,288 National currency compare
- 8 Estonia 2,478 National currency compare
- 9 Germany 132,292 National currency compare
- 10 France 126,997 National currency compare
More public sector data for Norway
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross fixed in Norway?
- Annual government expenditure by function (cofog) — gross fixed in Norway was 282,385 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Norway?
- The highest recorded value was 282,385 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross fixed recorded in Norway?
- The lowest recorded value was 39,960 National currency in 1995.
- How does Norway rank for annual government expenditure by function (cofog) — gross fixed?
- Norway ranks 7th out of 27 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross fixed rising or falling in Norway?
- Over the last ten years it is up 95.2%. 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 fixed capital formation. 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