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Norway Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

1.92% −0.17% (-8.3%)
Year 2025 Rank #61 Global Peak 3.61% (1968) Source World Bank

Norway Military Spending (1960–2025)

Overview

Norway's military spending stood at 1.92% in 2025, a decline of +0.17% from 2024. Based on recent trends, this figure is projected to reach 1.92% by 2025. Norway ranked 61st globally.

Data & projection

Year Military Spending YoY change Rank
2027* trend 2.00% - -
2026* trend 1.96% - -
2025* trend 1.92% - -
2025 1.92% −0.17% #61
2024 2.09% +0.28% #98
2023 1.81% +0.35% #91
2022 1.46% −0.21% #76
2021 1.68% −0.29% #92
2020 1.97% +0.12% #100
2019 1.84% +0.13% #99
2018 1.72% +0.01% #95
2017 1.71% +0.09% #94
2016 1.62% +0.12% #95
2015 1.50% +0.04% #86
2014 1.46% +0.06% #84
2013 1.41% +0.01% #81
2012 1.39% −0.05% #75
2011 1.44% −0.07% #77
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.0% GDP growth 3.9% C/A balance 14.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Norway matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Norway's military spending?

Norway's military spending was 1.92% in 2025. Ranked 61st globally. This represents a 8.3% decrease from the previous year.

What was the highest military spending in Norway?

Norway's military spending peaked at 3.61% in 1968.

What was the lowest military spending in Norway?

The lowest military spending in Norway was 1.37% in 2008.

How does Norway rank in military spending?

Norway ranks 61st globally in military spending as of 2025.

What is the World Bank indicator code for military spending?

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Norway in 2025?

Norway's military spending is projected to reach 1.92% by 2025 based on trend extrapolation.

What is the military spending of Norway in 2025?

The military spending of Norway in 2025 was 1.92%. This ranks 61st in the world.

Cite this page

APA
Norway Military Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/norway/military-spending
BibTeX
@misc{historysaid_norway_military-spending, title = {Norway Military Spending}, url = {https://historysaid.com/norway/military-spending}, publisher = {HistorySaid}, year = {2026} }