Content
Published:
This is an archived release.
Slight decrease in government surplus
The general government net lending amounted to NOK 128.8 billion in 2003. This is a decrease of 7.6 per cent compared with 2002, when the net lending amounted to NOK 139.3 billion. The general government total expenditure totalled NOK 712.6 billion in 2003. This corresponds a 5.8 per cent increase from 2002, when the total government expenditure amounted to NOK 673.7 billion.
The general government total revenue increased from 813.1 billion in 2002 to 841.4 billion in 2003. This is mainly due to a growth in the tax revenue and increased transfers from the government petroleum enterprise.
The central government
The central governments total expenditure increased from 569.9 billion in 2002 to 583.2 billion in 2003. This is connected to increased payments from the National Insurance Scheme and higher consumption in the health enterprises.
The local government
The increase in total local government expenditure in 2003 may be attributed to a growth in local government consumption. Consumption totalled NOK 168.4 billion in 2003, up more than 8 billion from 2002 according to the preliminary figures.
Revision of local government revenues and expenditure in 2001 involves a sizeable adjustment of local government consumption. Certain expenditures that were previously considered transfers to the private sector are now classified as social benefits in kind. As a result, local government consumption in 2001 is adjusted upwards by approximately NOK 3 billion.
A new detailed publishing of General government fiscal account, revenue and expenditure 2003, is also available 30 April 2004.
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