Content
Published:
This is an archived release.
Decrease in government surplus
The central government’s fiscal account, including the National Insurance Scheme, shows a total revenue of NOK 1 292 billion in 2013. Total expenditure was NOK 1063 billion.
Account | Budget | ||||
---|---|---|---|---|---|
2011 | 2012 | 2013 | 2013 | 2014 | |
A. TOTAL REVENUE | 1 223 524 | 1 290 735 | 1 291 819 | 1 314 840 | 1 293 028 |
Sales revenue | 21 513 | 22 481 | 23 663 | 17 178 | 18 481 |
Operating surplus extraction of petroleum | 125 820 | 148 446 | 131 604 | 129 000 | 115 500 |
Depreciation etc. extraction of petroleum | 16 862 | 19 502 | 20 261 | 22 000 | 22 800 |
Depreciation etc. other central government enterprises | 2 222 | 1 992 | 1 943 | 1 770 | 1 802 |
Other revenue from fixed capital formation | 374 | 524 | 582 | 286 | 335 |
Total transfers | 1 056 733 | 1 097 790 | 1 113 766 | 1 144 606 | 1 134 110 |
B. TOTAL EXPENDITURE | 952 122 | 996 144 | 1 063 121 | 1 065 319 | 1 116 399 |
Operating costs | 139 589 | 144 030 | 150 437 | 158 057 | 160 281 |
Total fixed capital formation | 47 153 | 52 884 | 69 111 | 62 534 | 71 968 |
Total transfers | 765 380 | 799 230 | 843 573 | 844 728 | 884 150 |
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL | 271 402 | 294 591 | 228 698 | 249 521 | 176 629 |
Transfers account for most of the government’s revenue. The total sum of transfers was NOK 1 114 billion in 2013. This is an increase of 1.5 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 786 billion of the total sum of transfers, and member and employer contributions to the National Insurance Scheme were NOK 112 billion and NOK 158 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 132 billion and other income of NOK 20 billion in 2013. The operating surplus has decreased by NOK 17 billion, or 11.3 per cent from 2012.
The central government also had sales revenue of NOK 24 billion and other income from enterprises and fixed capital formation of NOK 3 billion in 2013.
The total sum of transfers from the central government was NOK 844 billion in 2013. The main part of these transfers, NOK 368 billion, was paid as pensions and benefits through the National insurance Scheme. Transfers to municipalities and county authorities totalled NOK 188 billion, and NOK 45 billion was transferred to other state accounts. The central government’s interest expenditure was NOK 12 billion, and NOK 230 billion was paid in other transfers in 2013.
The central government’s operating expenses, consisting of wages and salaries for government employees and purchases of goods and services, were NOK 150 billion in 2013. This is about 4.4 per cent more than in 2012.
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