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Public sector: Central government finances
All content for subtopic central government finances
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- Statistics (11)
- Publications and articles (21)
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Declining surplus
General government surplus is estimated at NOK 36 billion in the first quarter of 2020. This is a reduction of more than 50 per cent compared to the same period in 2019. The decline can be attributed to reduced revenue from the petroleum sector.
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Significant asset gains increase government holdings
At the close of 2019 general government’s net financial assets totaled NOK 11 800 billion, an increase of NOK 1 850 billion since 2018.
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Pensions dominate – strongest growth in transport
Pensions and other social benefit programs are by far the chief expenditure item in general government. However, the strongest growth in government expenditure can be found in road and rail.
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Revision of government finance statistics
Revised data on general government revenue and expenditure is now available. The purpose and consequence is an extension of the scope of central and local government, and furthermore a reclassification of certain types of revenue and expenditure.
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Digitalisation in the Norwegian municipalities
Reports 2019/14
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Decline in government financial assets
General government net financial assets declined by approximately NOK 268 billion in 2018. The reduction is mainly explained by negative returns on the Government Pension Fund’s equity investments.
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Stronger revenue growth
General government revenue grew by about 9 per cent in 2018.
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NOK 147 billion surplus
General government surplus over the last four quarters is estimated at NOK 147 billion, which is an increase of NOK 28 billion from the corresponding period last year.
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Excess of NOK 10 trillion in net assets
General government net financial assets are estimated at NOK 10.2 trillion in 2017. This constitutes an increase of almost 13 per cent compared to 2016.
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First rise in surplus since 2012
General government surplus is estimated at NOK 146 billion in 2017. This is the first time since 2012 that general government surplus grows from one year to the next.
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Attitudes towards Norwegian development aid, 2017
Reports 2018/06
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Net assets increase by more than 1000 billion
By the close of the third quarter of 2017, general government net financial assets are estimated at NOK 9.6 trillion. This constitutes an increase of 12 per cent in the last four quarters.
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Increased surplus
General government surplus is estimated at NOK 148 billion in the last four quarters. This constitutes an increase of about NOK 8 billion compared to the corresponding period last year.
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11 per cent increase in net assets
At the end of the second quarter of 2017, general government net financial assets are estimated at NOK 9.6 trillion. This equals an increase of 11 per cent in the last four quarters.
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A tenth invested in fixed assets
Slightly more than 10 per cent of total government expenditure in 2016 was related to investments in fixed assets such as buildings, roads and railways, and research and development.
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