Content
Published:
This is an archived release.
Increase in government revenue
The central government’s fiscal account, including the National Insurance Scheme, shows a total revenue of NOK 1 291 billion in 2012. Total expenditure was NOK 996 billion.
Account | Budget | ||||
---|---|---|---|---|---|
2010 | 2011 | 2012 | 2012 | 2013 | |
A. TOTAL REVENUE | 1 064 764 | 1 223 524 | 1 290 735 | 1 237 500 | 1 314 840 |
Sales revenue | 17 816 | 21 513 | 22 481 | 17 586 | 17 178 |
Operating surplus extraction of petroleum | 100 257 | 125 820 | 148 446 | 111 400 | 129 000 |
Depreciation etc. extraction of petroleum | 15 719 | 16 862 | 19 502 | 17 300 | 22 000 |
Depreciation etc. other central government enterprises | 1 922 | 2 222 | 1 992 | 1 789 | 1 770 |
Other revenue from fixed capital formation | 567 | 374 | 524 | 271 | 286 |
Total transfers | 928 483 | 1 056 733 | 1 097 790 | 1 089 154 | 1 144 606 |
B. TOTAL EXPENDITURE | 892 881 | 952 122 | 996 144 | 1 006 055 | 1 065 319 |
Operating costs | 129 579 | 139 589 | 144 030 | 148 712 | 158 057 |
Total fixed capital formation | 44 431 | 47 153 | 52 884 | 54 158 | 62 534 |
Total transfers | 718 871 | 765 380 | 799 230 | 803 185 | 844 728 |
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL | 171 883 | 271 402 | 294 591 | 231 445 | 249 521 |
Transfers account for most of the government’s revenue. The total sum of transfers was NOK 1 098 billion in 2012. This is an increase of 3.9 per cent from the previous year. Most of the total sum was paid as taxes or contributions to the National Insurance Scheme. Taxes account for NOK 788 billion of the total sum of transfers and member and employer contributions to the National Insurance Scheme were NOK 104 billion and NOK 148 billion respectively.
In addition to transfers, extraction of petroleum is an important source of income for the central government, with an operating surplus of NOK 148 billion and other income of NOK 20 billion in 2012. The central government also had sales revenue of NOK 22 billion and other income from enterprises and fixed capital formation of NOK 3 billion.
The total sum of transfers from the central government was NOK 799 billion in 2012. The main part of these transfers, NOK 349 billion, was paid as pensions and benefits through the National insurance Scheme. Transfers to municipalities and county authorities totalled NOK 178 billion, and NOK 43 billion was transferred to other state accounts. The central government’s interest expenditure was NOK 13 billion, and NOK 218 billion was paid in other transfers in 2012.
The central government’s operating expenses, consisting of wages and salaries for government employees and purchases of goods and services, were NOK 144 billion in 2012. This is about NOK 4 billion more than in 2011.
This page has been discontinued, see Central government revenue and expenditure, Quarterly.
Contact
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Bjørn Gran-Henriksen
E-mail: bjorn.gran-henriksen@ssb.no
tel.: (+47) 41 40 20 71
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June Solås
E-mail: june.solas@ssb.no
tel.: (+47) 98 87 46 76