Expense in Norway
Norway: Expense was 1.83 trillion current LCU in 2023. ◆ Volatile
Latest (2023)
1.83 trillion current LCU
Change on year
up 9.0%
World rank
48th
of 157 countries
All-time high
1.83 trillion current LCU
in 2023
All-time low
32.40 billion current LCU
in 1972
Years of data
52
1972–2023
Expense in Norway, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Norway recorded 1.83 trillion current LCU for expense in 2023. That is the highest value across all 52 years on record.
That represents a change of up 9.0% on the previous year and up 73.3% over ten years.
Over the whole period, expense in Norway peaked at 1.83 trillion current LCU in 2023 and was at its lowest, 32.40 billion current LCU, in 1972.
That places Norway 48th out of 157 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 32.40 billion current LCU | — |
| 1973 | 36.66 billion current LCU | +13.2% |
| 1974 | 42.51 billion current LCU | +15.9% |
| 1975 | 49.84 billion current LCU | +17.2% |
| 1976 | 61.28 billion current LCU | +23.0% |
| 1977 | 70.19 billion current LCU | +14.5% |
| 1978 | 81.36 billion current LCU | +15.9% |
| 1979 | 90.22 billion current LCU | +10.9% |
| 1980 | 103.90 billion current LCU | +15.2% |
| 1981 | 119.07 billion current LCU | +14.6% |
| 1982 | 134.28 billion current LCU | +12.8% |
| 1983 | 148.82 billion current LCU | +10.8% |
| 1984 | 162.08 billion current LCU | +8.9% |
| 1985 | 176.88 billion current LCU | +9.1% |
| 1986 | 197.16 billion current LCU | +11.5% |
| 1987 | 221.36 billion current LCU | +12.3% |
| 1988 | 240.57 billion current LCU | +8.7% |
| 1989 | 260.41 billion current LCU | +8.2% |
| 1990 | 285.66 billion current LCU | +9.7% |
| 1991 | 305.18 billion current LCU | +6.8% |
| 1992 | 323.05 billion current LCU | +5.9% |
| 1993 | 333.72 billion current LCU | +3.3% |
| 1994 | 344.17 billion current LCU | +3.1% |
| 1995 | 365.57 billion current LCU | +6.2% |
| 1996 | 379.54 billion current LCU | +3.8% |
| 1997 | 392.62 billion current LCU | +3.4% |
| 1998 | 417.68 billion current LCU | +6.4% |
| 1999 | 443.98 billion current LCU | +6.3% |
| 2000 | 482.35 billion current LCU | +8.6% |
| 2001 | 510.78 billion current LCU | +5.9% |
| 2002 | 587.28 billion current LCU | +15.0% |
| 2003 | 605.58 billion current LCU | +3.1% |
| 2004 | 630.40 billion current LCU | +4.1% |
| 2005 | 661.90 billion current LCU | +5.0% |
| 2006 | 713.87 billion current LCU | +7.9% |
| 2007 | 755.32 billion current LCU | +5.8% |
| 2008 | 804.33 billion current LCU | +6.5% |
| 2009 | 863.97 billion current LCU | +7.4% |
| 2010 | 904.71 billion current LCU | +4.7% |
| 2011 | 959.36 billion current LCU | +6.0% |
| 2012 | 1.01 trillion current LCU | +4.9% |
| 2013 | 1.06 trillion current LCU | +5.0% |
| 2014 | 1.13 trillion current LCU | +6.5% |
| 2015 | 1.19 trillion current LCU | +6.1% |
| 2016 | 1.24 trillion current LCU | +3.7% |
| 2017 | 1.29 trillion current LCU | +3.8% |
| 2018 | 1.33 trillion current LCU | +3.3% |
| 2019 | 1.39 trillion current LCU | +4.4% |
| 2020 | 1.57 trillion current LCU | +13.3% |
| 2021 | 1.58 trillion current LCU | +0.5% |
| 2022 | 1.68 trillion current LCU | +6.3% |
| 2023 | 1.83 trillion current LCU | +9.0% |
Norway compared with similar countries
- Norway's 1.83 trillion current LCU is above the median for high income countries, which is 134.42 billion current LCU, 13.6× the median. (57 countries reporting)
- Norway's 1.83 trillion current LCU is above the median for Europe & Central Asia, which is 301.38 billion current LCU, 6.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 58.06 billion current LCU | 32.40 billion current LCU | 90.22 billion current LCU | 8 |
| 1980s | 176.45 billion current LCU | 103.90 billion current LCU | 260.41 billion current LCU | 10 |
| 1990s | 359.12 billion current LCU | 285.66 billion current LCU | 443.98 billion current LCU | 10 |
| 2000s | 661.58 billion current LCU | 482.35 billion current LCU | 863.97 billion current LCU | 10 |
| 2010s | 1.15 trillion current LCU | 904.71 billion current LCU | 1.39 trillion current LCU | 10 |
| 2020s | 1.67 trillion current LCU | 1.57 trillion current LCU | 1.83 trillion current LCU | 4 |
Countries ranked near Norway
More public sector data for Norway
- Democracy, 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)
- Elected parliament, 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)
- 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 expense in Norway?
- Expense in Norway was 1.83 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Norway?
- The highest recorded value was 1.83 trillion current LCU in 2023.
- What is the lowest expense recorded in Norway?
- The lowest recorded value was 32.40 billion current LCU in 1972.
- How does Norway rank for expense?
- Norway ranks 48th out of 157 countries with data for 2023.
- Is expense rising or falling in Norway?
- Over the last ten years it is up 73.3%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.