Content
Published:
This is an archived 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.
This page has been discontinued, see General government revenue and expenditure, Quarterly.
Contact
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Eivind Andreas Sirnæs Egge
E-mail: eivind.egge@ssb.no
tel.: (+47) 91 69 05 03
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Frode Borgås
E-mail: frode.borgas@ssb.no
tel.: (+47) 40 90 26 52
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Aina Johansen
E-mail: aina.johansen@ssb.no
tel.: (+47) 40 90 26 66