54592_not-searchable
/en/offentlig-sektor/statistikker/statsregn/kvartal
54592
Surplus of NOK 50 billion
statistikk
2011-11-25T10:00:00.000Z
Public sector
en
statsregn, Central government revenue and expenditure, duties (for example duties on documents, inheritance tax, VAT), taxes (for example income tax, capital tax, tax to the central government), national budget, financing needs, central government's deficit and surplus, transfers to municipalities and county authorities, revenue from petroleumCentral government finances , Public sector
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Central government revenue and expenditure, Q3 2011

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Surplus of NOK 50 billion

In the third quarter of 2011, the central government’s fiscal account shows a total revenue of NOK 280 billion and total expenditure of NOK 230 billion.

Transfers, such as tax revenues and contributions to the National Insurance Scheme, were the main source of income in the third quarter this year. The tax revenue received was NOK 150 billion, while the National Insurance Scheme received NOK 77 billion, whereof NOK 31 billion was members’ contributions and NOK 46 billion was employers’ contributions. Transfers from other state accounts are also a significant source of revenue at NOK 19 billion.

Transfers also form the largest part of the central government’s expenditure. NOK 83 billion was paid as pensions and benefits through the National Insurance Scheme, and transfers to municipalities and county authorities were NOK 38 billion in the third quarter. In addition to transfers and investments, the central government had operating expenses of NOK 31 billion.

Taxes, members’ and employers’ contributions to the National Insurance Scheme, and VAT collected by the Norwegian Tax Administration will, as of the third quarter in 2011, be entered as income in the central government’s fiscal account in the same month as in the agency’s own accounting system. Previously, there was a one-month lag in the central government’s fiscal account. Because of this, the numbers for the third quarter of 2011 are not directly comparable to numbers for earlier quarters.

The quarterly figures are generally subject to random fluctuations, and must be interpreted with caution.