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Declining surplus
statistikk
2016-09-14T10:00:00.000Z
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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The general government surplus in the last four quarters is estimated at NOK 164 billion, down by more than NOK 60 billion from the preceding four-quarter period.

General government revenue and expenditure, Q2 2016

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Declining surplus

The general government surplus in the last four quarters is estimated at NOK 164 billion, down by more than NOK 60 billion from the preceding four-quarter period.

General government revenue and expenditure. NOK billionPublished 14 September 2016
2nd quarter 20152nd quarter 2016ChangeChange in per cent
Last quarter
Total revenue441437-3-0.8
Total utgifter370391215.6
Surplus7046-24.
Last four quarters
Total revenue1 6841 696120.7
Total utgifter1 4571 532755.2
Surplus227164-63.

Source: Statistics Norway

Figure 1. General government revenue and expenditure. Last four quarters average

During the last two years, the quarterly growth in government expenditures has been in excess of 1 per cent. At the same time, revenues have slightly declined. This development is mainly explained by relatively high growth in government fixed capital investments, combined with lower tax revenues from the petroleum sector.