54198_not-searchable
/en/offentlig-sektor/statistikker/offinnut/aar
54198
Sharp upward adjustment of taxes
statistikk
2011-12-02T10:00:00.000Z
Public sector;Public sector
en
offinnut, General government revenue and expenditure, central government, local government, taxes, duties, national insurance contributions, pension premiums, revenue by type (for example fines, fees, tolls), expenditure by type (for example disability pension, child benefit, subsidies), expenditure by function (for example health care, environmental protection, culture), public deficit, municipal accounts, municipal economy, municipal finances, net financial investments.Local government finances , General government , Central government finances , Public sector
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General government revenue and expenditure, 2010

Variants of the statistics:

The statistics describe government revenue and expenditure. Together with financial assets and liabilities, they give a comprehensive overview of the sector’s finances.

Content

Published:

This is an archived release.

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Sharp upward adjustment of taxes

General government revenue and expenditure showed a surplus of NOK 282 billion for 2010; an upward adjustment of NOK 17 billion compared to the previous release. New information regarding tax revenue from corporations explains the revision.

General government revenue amounted to NOK 1 424 billion in 2010, up 78 billion compared to 2009. The increase was mostly due to increased taxes on income and wealth, and taxes on goods and services. Total expenditure rose by NOK 47 billion to NOK 1 142 billion, mainly because of growth in social benefits in cash and compensation of employees.

Deficits continue for local government

Compared with 2009, local government revenue increased by NOK 20 billion to NOK 354 billion in 2010. Total expenditure totalled NOK 382 billion. For 2010, the deficit, measured by net borrowing, amounted to NOK 28 billion; NOK 2.5 billion higher than the previous year. Except for a small surplus in 2002, local government has been a net borrower every year since 1995.

The increase in revenues in 2010 was mainly due to increased grants from central government and increased national tax on individuals’ income. Also, local government had proceeds from toll collection on classified roads and ferry services transferred from central government in 2010.

Roads transferred to local government

On 1 January 2010, the responsibility for 17 200 km of classified roads and 78 ferry services was transferred from central government to the county authorities. This duty carried with it a financial burden for the local government, through increased operating and maintenance expenses and investments. The reform contributed to the substantial increase in investments carried out by the local government from 2009 to 2010. The increased expenses were partly compensated by larger grants from the central government. Also, the county authorities acquired significant income from toll collections on these roads and ferries, calculated to NOK 2 billion for 2010. These are registered as “Land rent, road rent etc.” under Property income.

Revised figures for 2003-2010

This release includes revised figures for the period 2003 and onwards. Thus, general government revenue and expenditure is comparable with the national accounts, which has revised data for the same period.

The primary change undertaken in the revision is the inclusion of the Norwegian Public Construction and Property Management (Statsbygg), The Norwegian Defence Estates Agency and The Norwegian National Rail Administration in the general government sector. These units were previously classified as public corporations outside the government sector. The reclassification of these units influences total revenue and expenditure only to a small extent. Compensation of employees rises, as more than

5 000 new employees are added to general government. On the other hand, the purchase of goods and services from these units is no longer included as expenditure. Therefore, total expenditure remains roughly unchanged.

Read more about the revision in the national accounts and the institutional sector accounts .

 

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