11162_not-searchable
/en/offentlig-sektor/statistikker/offinnut/arkiv
11162
Decrease in government surplus
statistikk
2003-03-20T10:00:00.000Z
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
false

General government revenue and expenditure2002

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.

Go to latest release

Decrease in government surplus

The general government net lending amounted to NOK 148 billion in 2002. This is a decrease of NOK 60.7 billion compared with 2001, when the net lending amounted to NOK 208.7 billion. The decrease in government surplus is explained by a growth in government expenditure as well as a reduction in government revenue.

The general government total expenditure totalled NOK 675.1 billion in 2002. This corresponds to a 6.8 per cent increase from 2001, when the total government expenditure amounted to NOK 632.3 billion. The expenditure growth can be explained by increased consumption and expanded transfers to the households.

Decline in government revenue

The reduction in government revenue is explained by a decline in transfers from the government petroleum enterprise along with discontinuance of transfers from the central bank in 2002. The transfers from the central bank amounted to NOK 10.7 billion in 2001.

Growth in the central government expenditure

The central government expenditure increased from NOK 492.7 billion in 2001 to NOK 572.5 billon in 2002. This significant growth in expenditure is due to the change in ownership of public hospitals in January 2002. The change in ownership is also expressed by a NOK 37.3 billon reduction in local government expenditures. The local government expenditure amounted to NOK 196.9 billon in 2002.