11160_not-searchable
/en/offentlig-sektor/statistikker/offinnut/arkiv
11160
Decrease in government surplus
statistikk
2003-04-30T10:00:00.000Z
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, 2002

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.

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Decrease in government surplus

The general government net lending amounted to NOK 152.6billion in 2002. This is a decrease of NOK 56.1 billion compared with 2001, when the net lending amounted to NOK 208.7 billion. The decrease in government surplus is caused by a growth in government expenditure as well as a decrease in government revenue.

General governments net lending/borrowing, per cent of GDP. 1996-2002

The general government total expenditure totalled NOK 674.8 billion in 2002. This corresponds to a 6.7 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 households.

Decline in government revenue

The decrease in government revenue is explained by a decline in transfers from the government petroleum enterprise from 76.5 billion in 2001 to 58.6 billion in 2002, along with a discontinuance of transfers from the Central Bank of Norway in 2002. The transfers from this 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 570.4 billion in 2002. This significant growth in expenditure is due to the change in ownership of public hospitals in January 2002. The change in ownership can also be noticed by a decrease of NOK 35.2 billion in local government expenditures that amounted to NOK 199 billion in 2002.