Norway's military expenditure (current USD) was 17.03 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 192.91% from 5.82 billion in 2015 (11.35% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 17.03 billion | 2025 |
| Five years earlier | 7.23 billion | 2020 |
| Ten years earlier | 5.82 billion | 2015 |
| Highest | 17.03 billion | 2025 |
| Lowest | 148.12 million | 1960 |
| Average since 2016 | 8.89 billion | 2016–2025 |
| First recorded | 148.12 million |
What the numbers say
In 2025, Norway's military expenditure (current USD) rose 57.8% on 2024 (from 10.79 billion to 17.03 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +4.4% and a typical year strayed about 10.7% from that (the standard deviation). This year's change was 5.0 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 57.8% in 2025 and the biggest yearly fall was 20.7% 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 835.56 million a year. A straight line explains 65% 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 23rd highest value of the 150 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 | 17.03 billion | 2025 |
| World | 2.86 trillion | 2025 |
| Europe & Central Asia | 894.5 billion | 2025 |
| High income | 2.09 trillion | 2025 |
Closest to Norway in the 2025 ranking
What this measures
Military spending USD, in current prices (converted at the exchange rate for the given year)
Limitations: SIPRI strives to compile reliable, consistent military expenditure data by assessing multiple sources, but accuracy depends on the quality and transparency of those sources. Challenges arise from two key issues: whether reported figures reflect actual spending and how closely they match SIPRI’s definition. While data is generally accurate in developed and many developing countries, weak governance, corruption, and secret transfers in others can lead to major discrepancies. SIPRI sometimes makes estimates, when sources conflict or lack coverage, introducing uncertainty, especially for countries like China or the UAE.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 66 values
| Year | Military expenditure (current USD) |
|---|---|
| 2025 | 17,033,643,852 |
| 2024 | 10,792,089,957 |
| 2023 | 8,799,400,442 |
| 2022 | 8,697,821,939 |
| 2021 | 8,435,121,611 |
| 2020 | 7,225,183,140 |
| 2019 | 7,542,135,790 |
| 2018 | 7,541,055,169 |
| 2017 | 6,853,260,033 |
| 2016 | 5,997,385,048 |
| 2015 |
Military expenditure (current USD) in nearby economies
- Albania — 623.61 million (2025)
- Armenia — 1.73 billion (2025)
- Austria — 6.35 billion (2025)
- Azerbaijan — 4.94 billion (2025)
- Belarus — 1.94 billion (2025)
- Belgium — 14.53 billion (2025)
- Bosnia and Herzegovina — 231.4 million (2025)
- Bulgaria — 2.59 billion (2025)
- Croatia — 2.1 billion (2025)
- Cyprus — 663.31 million (2025)
- Czechia
More public sector data for Norway
- Arms imports (SIPRI trend indicator values) — 407 million (2025)
- Military expenditure (current LCU) — 177 billion (2025)
- Military expenditure (% of GDP) — 3.28% (2025)
- Arms exports (SIPRI trend indicator values) — 415 million (2025)
- Net investment in nonfinancial assets (current LCU) — 169.03 billion (2024)
- Net investment in nonfinancial assets (% of GDP) — 3.14% (2024)
- Net lending (+) / net borrowing (-) (current LCU) — 729.5 billion (2024)
- Net lending (+) / net borrowing (-) (% of GDP) — 13.55% (2024)
- Social contributions (current LCU) — 492.35 billion (2024)
- Social contributions (% of revenue)
Reading data like this
Questions people ask
- What is Norway's military expenditure (current USD)?
- 17.03 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 11,400% from 148.12 million in 1960 (7.57% a year on average, compounded). The highest value was 17.03 billion in 2025 and the lowest 148.12 million in 1960.
- How does Norway rank?
- 23rd highest of 150 economies with data for 2025.
- Is the latest change in military expenditure (current USD) unusual for Norway?
- In 2025, Norway's military expenditure (current USD) rose 57.8% on 2024 (from 10.79 billion to 17.03 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +4.4% and a typical year strayed about 10.7% from that (the standard deviation). This year's change was 5.0 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator MS.MIL.XPND.CD, licensed CC BY 4.0. Original source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases 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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