Norway NO: GBARD: Current PPP
Norway NO: GBARD: Current PPP data was reported at 4.616 USD bn in 2023. This records a decrease from the previous number of 4.941 USD bn for 2022. Norway NO: GBARD: Current PPP data is updated yearly, averaging 1.280 USD bn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 4.941 USD bn in 2022 and a record low of 289.581 USD mn in 1981. Norway NO: GBARD: Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Norway – Table NO.OECD.MSTI: Government Budgets for Research and Development: OECD Member: Annual.
In Norway, in 2007, a break in series occurs because of a change in compilation methods for health institutions. This affects both the Higher education sector (university hospitals) and Government sector (other hospitals).
In 1995, the survey sample was revised to improve coverage of small firms (10 to 50 employees) and non-manufacturing industries.
As of 1991, personnel in central administration units of higher education are not included, however the cost of such personnel is included in other current R&D expenditure (in line with the Frascati Manual).
In 1987, own funds from Public enterprises were reclassified from funds from Government to the funds from the Business Enterprise sector. As of 1989, R&D performed by PNP institutes has been included in the government sector.
The growth in resources devoted to R&D in 1984 is due to the expansion of the scope of the Business Enterprise sector survey.
Based on new information, the estimate for defence GBARD in 2019 was reduced by about 12% compared with the previous year. The decrease is due to updated information and not to changes in the appropriations. The method for compiling GBARD data changed in 1996. The series have been revised retrospectively to exclude contract research, state enterprises and payments to the European Commission.
View Norway's Norway NO: GBARD: Current PPP from 1981 to 2023 in the chart:
What was Norway's Norway NO: GBARD: Current PPP in 2023?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4,615.502 2023 | 4,940.502 2022 | 289.581 1981 | 4,940.502 2022 | USD mn | yearly | 1981 - 2023 |
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| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Forecast: GDP PPP Per Capita (PPP Intl $) | 118,482.144 2029 | yearly | 1980 - 2029 |
| Forecast: Nominal GDP Per Capita (USD) | 95,645.805 2029 | yearly | 1980 - 2029 |
| Forecast: Real GDP Growth (%) | 1.376 2028 | yearly | 1980 - 2028 |
| GDP Deflator Growth (%) | 10.2 Dec 2022 | quarterly | Mar 1979 - Dec 2022 |
| GDP per Capita (USD) | 89,114.684 2021 | yearly | 1915 - 2021 |
| Gross Fixed Capital Formation (USD mn) | 26,631.119 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Gross National Product (GNP) (USD mn) | 116,949.545 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Gross Savings Rate (%) | 39.1 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Investment: % of GDP (%) | 22.4 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
| Nominal GDP (USD mn) | 133,727.8 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
| Nominal GDP Growth (%) | 2.150 Dec 2024 | quarterly | Mar 1979 - Dec 2024 |
| Private Consumption Expenditure (USD mn) | 46,905.290 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Private Consumption: % of GDP (%) | 39.1 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Public Consumption Expenditure (USD mn) | 27,283.567 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Public Consumption: % of GDP (%) | 21.8 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Real GDP Growth (%) | 1.8 Dec 2022 | quarterly | Mar 1979 - Dec 2022 |
| Total Trade of Goods & Services: % of Nominal GDP (%) | 81.306 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Production | Last | Frequency | Range |
|---|---|---|---|
| Gold Production (kg) | 200.000 1994 | yearly | 1993 - 1994 |
| Industrial Production Index Growth (%) | -5.1 Apr 2023 | monthly | Jan 1991 - Apr 2023 |
| Minerals Production (Metric Ton) | 191,993,369.000 2022 | yearly | 2009 - 2022 |
| Sales, Orders, Inventory & Shipments | Last | Frequency | Range |
|---|---|---|---|
| New Orders Growth (%) | 16.7 Dec 2017 | quarterly | Mar 1991 - Dec 2017 |
| Construction and Properties | Last | Frequency | Range |
|---|---|---|---|
| House Prices Growth (%) | 4.8 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Nominal Residential Property Price Index (2010=100) | 190.781 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
| Nominal Residential Property Price Index Growth (%) | 3.256 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Real Residential Property Price Index (2010=100) | 131.278 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
| Real Residential Property Price Index Growth (%) | 0.452 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 13.2 Dec 2024 | quarterly | Dec 2002 - Dec 2024 |
| Forecast: Government Expenditure (NOK bn) | 3,010.754 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (NOK bn) | 2,401.942 2029 | yearly | 1980 - 2029 |
| Forecast: Government Revenue (NOK bn) | 3,428.365 2029 | yearly | 1980 - 2029 |
| Government Debt: % of GDP (%) | 55.1 2024 | yearly | 1995 - 2024 |
| National Government Debt (USD mn) | 251,843.3 2024 | yearly | 1995 - 2024 |
| Tax Revenue (USD mn) | 39,330.156 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | 12,674.664 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Tax Revenue: % of GDP (%) | 31.4 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
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