Topic
Public sector: Local government finances
All content for subtopic local government finances
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- Statistics (7)
- Publications and articles (26)
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Decline in operating profit for public non-financial corporations
Public non-financial corporations achieved less operating profit in 2016 than in 2015. Most industries in 2016 experienced a decline in the operating profit. The decrease was mostly among enterprises involved in mining and quarrying as well as man...
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Net assets increase by more than 1000 billion
By the close of the third quarter of 2017, general government net financial assets are estimated at NOK 9.6 trillion. This constitutes an increase of 12 per cent in the last four quarters.
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Increased surplus
General government surplus is estimated at NOK 148 billion in the last four quarters. This constitutes an increase of about NOK 8 billion compared to the corresponding period last year.
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11 per cent increase in net assets
At the end of the second quarter of 2017, general government net financial assets are estimated at NOK 9.6 trillion. This equals an increase of 11 per cent in the last four quarters.
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A tenth invested in fixed assets
Slightly more than 10 per cent of total government expenditure in 2016 was related to investments in fixed assets such as buildings, roads and railways, and research and development.
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Financial assets of NOK 10 trillion
At the end of the first quarter of 2017, central government financial assets are estimated at NOK 10 400 billion, exceeding NOK 10 trillion for the very first time.
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Reduced expenditure growth
After a period with a relatively strong increase in general government expenditure, growth is now below 5 per cent for the second consecutive quarter.
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Decline in oil and gas extraction leads to lower operating profit
Public non-financial corporations achieved less operating profit in 2015 compared to 2014. Most industries had a decrease in operating profit in 2015 compared to the previous year. The decline was mostly in mining and quarrying as well as water su...
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The effects of more immigrants on public finances
Depending on labour market participation, high levels of immigration may temporarily ease the pressure on the public finances caused by population aging. But the impact is not likely to be significant in the long run. Immigrants from Asia and Afri...
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The economic behavior of local governments 1972-2009
Reports 2013/21
Publication -
Capital costs in municipal school buildings
Reports 2004/9
Publication