Goods and services expense in Norway
Norway: Goods and services expense was 182.00 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Norway, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Norway recorded 182.00 billion current LCU for goods and services expense in 2024. That is the highest value across all 53 years on record.
The figure is up 6.6% on the previous year and up 92.8% over ten years.
Over the whole period, goods and services expense in Norway peaked at 182.00 billion current LCU in 2024 and was at its lowest, 3.20 billion current LCU, in 1972.
That places Norway 52nd out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 3.20 billion current LCU | — |
| 1973 | 3.56 billion current LCU | +11.1% |
| 1974 | 4.41 billion current LCU | +23.8% |
| 1975 | 5.19 billion current LCU | +17.7% |
| 1976 | 5.75 billion current LCU | +10.7% |
| 1977 | 6.47 billion current LCU | +12.6% |
| 1978 | 7.25 billion current LCU | +12.2% |
| 1979 | 8.02 billion current LCU | +10.5% |
| 1980 | 11.82 billion current LCU | +47.4% |
| 1981 | 14.51 billion current LCU | +22.7% |
| 1982 | 15.80 billion current LCU | +8.9% |
| 1983 | 17.84 billion current LCU | +12.9% |
| 1984 | 18.61 billion current LCU | +4.3% |
| 1985 | 19.65 billion current LCU | +5.6% |
| 1986 | 21.20 billion current LCU | +7.8% |
| 1987 | 24.52 billion current LCU | +15.7% |
| 1988 | 25.84 billion current LCU | +5.4% |
| 1989 | 28.89 billion current LCU | +11.8% |
| 1990 | 34.06 billion current LCU | +17.9% |
| 1991 | 37.05 billion current LCU | +8.8% |
| 1992 | 39.85 billion current LCU | +7.6% |
| 1993 | 41.79 billion current LCU | +4.9% |
| 1994 | 42.75 billion current LCU | +2.3% |
| 1995 | 26.30 billion current LCU | -38.5% |
| 1996 | 27.75 billion current LCU | +5.5% |
| 1997 | 28.99 billion current LCU | +4.5% |
| 1998 | 30.21 billion current LCU | +4.2% |
| 1999 | 32.67 billion current LCU | +8.1% |
| 2000 | 35.84 billion current LCU | +9.7% |
| 2001 | 42.69 billion current LCU | +19.1% |
| 2002 | 54.60 billion current LCU | +27.9% |
| 2003 | 52.87 billion current LCU | -3.2% |
| 2004 | 55.13 billion current LCU | +4.3% |
| 2005 | 58.01 billion current LCU | +5.2% |
| 2006 | 61.13 billion current LCU | +5.4% |
| 2007 | 64.03 billion current LCU | +4.7% |
| 2008 | 68.52 billion current LCU | +7.0% |
| 2009 | 75.37 billion current LCU | +10.0% |
| 2010 | 77.44 billion current LCU | +2.7% |
| 2011 | 79.02 billion current LCU | +2.0% |
| 2012 | 82.11 billion current LCU | +3.9% |
| 2013 | 87.45 billion current LCU | +6.5% |
| 2014 | 94.42 billion current LCU | +8.0% |
| 2015 | 101.33 billion current LCU | +7.3% |
| 2016 | 106.17 billion current LCU | +4.8% |
| 2017 | 111.80 billion current LCU | +5.3% |
| 2018 | 116.21 billion current LCU | +3.9% |
| 2019 | 123.63 billion current LCU | +6.4% |
| 2020 | 133.48 billion current LCU | +8.0% |
| 2021 | 141.58 billion current LCU | +6.1% |
| 2022 | 158.04 billion current LCU | +11.6% |
| 2023 | 170.68 billion current LCU | +8.0% |
| 2024 | 182.00 billion current LCU | +6.6% |
Norway compared with similar countries
- Norway's 182.00 billion current LCU is above the median for high income countries, which is 14.51 billion current LCU, 12.5× the median. (57 countries reporting)
- Norway's 182.00 billion current LCU is above the median for Europe & Central Asia, which is 16.59 billion current LCU, 11.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense 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 |
|---|---|---|---|
| 1995 | -38.5% | 42.75 billion current LCU | 26.30 billion current LCU |
| 1980 | +47.4% | 8.02 billion current LCU | 11.82 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.48 billion current LCU | 3.20 billion current LCU | 8.02 billion current LCU | 8 |
| 1980s | 19.87 billion current LCU | 11.82 billion current LCU | 28.89 billion current LCU | 10 |
| 1990s | 34.14 billion current LCU | 26.30 billion current LCU | 42.75 billion current LCU | 10 |
| 2000s | 56.82 billion current LCU | 35.84 billion current LCU | 75.37 billion current LCU | 10 |
| 2010s | 97.96 billion current LCU | 77.44 billion current LCU | 123.63 billion current LCU | 10 |
| 2020s | 157.16 billion current LCU | 133.48 billion current LCU | 182.00 billion current LCU | 5 |
Countries ranked near Norway
More public sector data for Norway
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Frequently asked questions
- What is goods and services expense in Norway?
- Goods and services expense in Norway was 182.00 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Norway?
- The highest recorded value was 182.00 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Norway?
- The lowest recorded value was 3.20 billion current LCU in 1972.
- How does Norway rank for goods and services expense?
- Norway ranks 52nd out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Norway?
- Over the last ten years it is up 92.8%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.