Norway - Military Expenditure
Since 2014, Norway Military Expenditure decreased by 0.9% year on year. In 2019, the country was ranked number 30 among other countries in Military Expenditure at $7,003,411,804.84. Norway is overtaken by Thailand, which was number 29 with $7,314,879,227.05 and is followed by Oman at $6,729,518,855.66. United States lead the ranking with $731,751,400,000 in 2019, an increase of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria witnessed the best average annual growth at +23.3% per year, while Venezuela recorded the worst performance at -55.3% per year.
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Date | US Dollars |
---|---|
2019 | 7,003,411,804.84 |
2018 | 7,067,073,380.85 |
2017 | 6,465,750,412.31 |
2016 | 5,997,385,047.52 |
2015 | 5,815,228,174.60 |
Download all data from 1960 to 2019
How does Norway rank in Military Expenditure?
# | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
29 |
#29
Thailand
|
7,314,879,227.05 | 2019 | +6.4 % | +5.0 % | View data | |
30 |
#30
Norway
|
7,003,411,804.84 | 2019 | -0.9 % | -0.9 % | View data | |
31 |
#31
Oman
|
6,729,518,855.66 | 2019 | -11.1 % | -3.9 % | View data |