Norway's gross national expenditure (current US$) was US$468.69 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 25.41% from US$373.73 billion in 2015 (2.29% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$468.69 billion | 2025 |
| Five years earlier | US$384.83 billion | 2020 |
| Ten years earlier | US$373.73 billion | 2015 |
| Highest | US$477.22 billion | 2013 |
| Lowest | US$12.85 billion | 1970 |
| Average since 2016 | US$421.75 billion | 2016–2025 |
| First recorded | US$12.85 billion |
What the numbers say
In 2025, Norway's gross national expenditure (current US$) rose 7.8% on 2024 (from US$434.87 billion to US$468.69 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +4.9% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 34.1% in 1986 and the biggest yearly fall was 19.3% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$7.84 billion a year. A straight line explains 62% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Norway had the 30th highest value of the 130 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Norway | US$468.69 billion | 2025 |
| World | US$111.01 trillion | 2024 |
| Europe & Central Asia | US$31.37 trillion | 2025 |
| High income | US$71.25 trillion | 2024 |
Closest to Norway in the 2025 ranking
What this measures
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 56 values
| Year | Gross national expenditure (current US$) |
|---|---|
| 2025 | 468,693,931,864 |
| 2024 | 434,872,741,373 |
| 2023 | 424,815,336,068 |
| 2022 | 449,178,815,983 |
| 2021 | 446,152,735,739 |
| 2020 | 384,831,153,199 |
| 2019 | 413,596,818,182 |
| 2018 | 425,370,181,371 |
| 2017 | 397,531,976,627 |
| 2016 | 372,459,047,619 |
Gross national expenditure (current US$) in nearby economies
- Albania — US$28.9 billion (2024)
- Armenia — US$30.85 billion (2025)
- Austria — US$564.48 billion (2025)
- Azerbaijan — US$71.22 billion (2025)
- Belarus — US$94.89 billion (2025)
- Belgium — US$740.1 billion (2025)
- Bosnia and Herzegovina — US$38.6 billion (2025)
- Bulgaria — US$132.13 billion (2025)
- Croatia — US$110.36 billion (2025)
- Cyprus — US$38.9 billion (2025)
More economic policy & debt data for Norway
- Total reserves, including gold (current US$) — US$85.49 billion (2025)
- Total reserves, excluding gold (current US$) — US$85.49 billion (2025)
- GDP (current US$) — US$530.76 billion (2025)
- GDP (current LCU) — 5.52 trillion (2025)
- GDP (constant 2015 US$) — US$470.26 billion (2025)
- GDP (constant LCU) — 4.01 trillion (2025)
- GDP per capita (current US$) — US$94,594 (2025)
- GDP per capita (current LCU) — 983,385 (2025)
- GDP per capita (constant 2015 US$) — US$83,813 (2025)
- GDP per capita (constant LCU) — 715,377 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Norway's gross national expenditure (current US$)?
- US$468.69 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 3,548% from US$12.85 billion in 1970 (6.76% a year on average, compounded). The highest value was US$477.22 billion in 2013 and the lowest US$12.85 billion in 1970.
- How does Norway rank?
- 30th highest of 130 economies with data for 2025.
- Is the latest change in gross national expenditure (current US$) unusual for Norway?
- In 2025, Norway's gross national expenditure (current US$) rose 7.8% on 2024 (from US$434.87 billion to US$468.69 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +4.9% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.DAB.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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