Capital spending, Ratio of this level of government's expenditure on in Norway
Norway: Capital spending, Ratio of this level of government's expenditure on was 0.5629 in 2020. ▲ Rising
Capital spending, Ratio of this level of government's expenditure on in Norway, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, capital spending, ratio of this level of government's expenditure on in Norway stood at 0.5629.
Compared with earlier readings it is down 6.0% on the previous year and up 27.9% over ten years.
Over the whole period, capital spending, ratio of this level of government's expenditure on in Norway peaked at 0.6404 in 2015 and was at its lowest, 0.0155, in 2001.
Norway ranks 43rd of 78 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Capital spending, Ratio of this level of government's expenditure on in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.5001 | — |
| 1996 | 0.5074 | +1.5% |
| 1997 | 0.351 | -30.8% |
| 1998 | 0.4547 | +29.5% |
| 1999 | 0.3192 | -29.8% |
| 2000 | 0.1618 | -49.3% |
| 2001 | 0.0155 | -90.4% |
| 2002 | 0.3827 | +2362.0% |
| 2003 | 0.3676 | -4.0% |
| 2004 | 0.4663 | +26.8% |
| 2005 | 0.5904 | +26.6% |
| 2006 | 0.5889 | -0.2% |
| 2007 | 0.5299 | -10.0% |
| 2008 | 0.5528 | +4.3% |
| 2009 | 0.5041 | -8.8% |
| 2010 | 0.4402 | -12.7% |
| 2011 | 0.5008 | +13.8% |
| 2012 | 0.5394 | +7.7% |
| 2013 | 0.5704 | +5.7% |
| 2014 | 0.6241 | +9.4% |
| 2015 | 0.6404 | +2.6% |
| 2016 | 0.5748 | -10.2% |
| 2017 | 0.6326 | +10.1% |
| 2018 | 0.6059 | -4.2% |
| 2019 | 0.599 | -1.1% |
| 2020 | 0.5629 | -6.0% |
Norway compared with similar countries
- Norway's 0.5629 is above the median for high income countries, which is 0.5506, 1.0× the median. (42 countries reporting)
- Norway's 0.5629 is below the median for Europe & Central Asia, which is 0.5683, 99% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Capital spending, Ratio of this level of government's expenditure on in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +2362.0% | 0.0155 | 0.3827 |
| 2001 | -90.4% | 0.1618 | 0.0155 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4265 | 0.3192 | 0.5074 | 5 |
| 2000s | 0.416 | 0.0155 | 0.5904 | 10 |
| 2010s | 0.5728 | 0.4402 | 0.6404 | 10 |
| 2020s | 0.5629 | 0.5629 | 0.5629 | 1 |
Countries ranked near Norway
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 capital spending, ratio of this level of government's expenditure on in Norway?
- Capital spending, ratio of this level of government's expenditure on in Norway was 0.5629 in 2020, according to International Monetary Fund.
- What is the highest capital spending, ratio of this level of government's expenditure on recorded in Norway?
- The highest recorded value was 0.6404 in 2015.
- What is the lowest capital spending, ratio of this level of government's expenditure on recorded in Norway?
- The lowest recorded value was 0.0155 in 2001.
- How does Norway rank for capital spending, ratio of this level of government's expenditure on?
- Norway ranks 43rd out of 78 countries with data for 2020.
- Is capital spending, ratio of this level of government's expenditure on rising or falling in Norway?
- Over the last ten years it is up 27.9%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Capital spending, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.