Norway - Public Pension Spending
Since 2014, Norway Public Pension Spending was up 2.4points year on year. At 6.91 Percent of GDP in 2019, the country was number 22 comparing other countries in Public Pension Spending. Norway is overtaken by Estonia, which was number 21 at 7.06 Percent of GDP and is followed by Lithuania at 6.74 Percent of GDP. Greece ranked the highest with 18.32 Percent of GDP in 2019, an increase of 2points versus 2018. Italy, Portugal and France respectively ranked number 2, 3 and 4 in this ranking. South Korea recorded the best 5 years average growth at +3.9points per year, while Ireland recorded the worst performance at -3.6points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 6.91 |
| 2018 | 6.79 |
| 2017 | 6.68 |
| 2016 | 6.56 |
| 2015 | 6.57 |
Download all data from 1980 to 2019
How does Norway rank in Public Pension Spending?
| # | 35 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
18.32 % | 2019 | +1.9 % | +2.2 % | View data | |
| 2 |
#2
Italy
|
16.91 % | 2019 | +0.9 % | +0.8 % | View data | |
| 21 |
#21
Estonia
|
7.06 % | 2019 | +0.7 % | +1.6 % | View data | |
| 22 |
#22
Norway
|
6.91 % | 2019 | +1.7 % | +2.4 % | View data | |
| 23 |
#23
Lithuania
|
6.74 % | 2019 | +0.0 % | -0.3 % | View data | |