The ratio of military expenditure to gross domestic product (GDP) in Norway decreased by 0.1 percentage points (-5.81 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher ratio than the preceding years. Military expenditure figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as military spending.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Sweden and Finland.
Norway: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (September 19, 2024). Norway: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/810529/ratio-of-military-expenditure-to-gross-domestic-product-gdp-norway/
World Bank. "Norway: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. September 19, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/810529/ratio-of-military-expenditure-to-gross-domestic-product-gdp-norway/
World Bank. (2024). Norway: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/810529/ratio-of-military-expenditure-to-gross-domestic-product-gdp-norway/
World Bank. "Norway: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/810529/ratio-of-military-expenditure-to-gross-domestic-product-gdp-norway/
World Bank, Norway: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810529/ratio-of-military-expenditure-to-gross-domestic-product-gdp-norway/ (last visited October 30, 2024)
Norway: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/810529/ratio-of-military-expenditure-to-gross-domestic-product-gdp-norway/
