Central government revenue and expenditure

Updated: 31 October 2024

Next update: Not yet determined

Surplus before net transfers to the Government Pension Fund Global
Surplus before net transfers to the Government Pension Fund Global
3rd quarter 2024
68
NOK billion
 
Central government fiscal account. Quarterly figures. NOK million.
Central government fiscal account. Quarterly figures. NOK million.
3rd quarter 20233rd quarter 2024Change in per cent
A. TOTAL REVENUE448 244510 73313.9
Operating surplus extraction of petroleum39 23358 80549.9
Tax revenue227 988238 6894.7
Members' and employers' contribution to the National Insurance Scheme139 385144 8763.9
Interest and dividends26 43738 04243.9
Other revenue15 20130 32199.5
B. TOTAL EXPENDITURE398 217442 29811.1
Operating costs51 57657 61211.7
Total fixed capital formation17 17226 67055.3
Total transfers329 469358 0168.7
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL50 02768 435
Explanation of symbols

Selected tables and charts from this statistics

  • Central government fiscal account. Revenue and expenditure by type. Quarterly figures. NOK Million.
    Central government fiscal account. Revenue and expenditure by type. Quarterly figures. NOK Million.1
    3rd quarter 20234th quarter 20231st quarter 20242nd quarter 20243rd quarter 2024
    A. TOTAL REVENUE448 244637 274566 575661 412510 733
    Sales revenue5 74614 2814 7716 67611 666
    Operating surplus extraction of petroleum39 23357 90459 14252 81258 805
    Depreciation etc. extraction of petroleum6 6587 2996 9577 7497 187
    Depreciation etc. other central government enterprises461638473431534
    Other revenue from fixed capital formation1721 4708751 619-231
    Total transfers395 974555 682494 357592 125432 772
    Tax revenue227 988433 585304 052456 890238 689
    Members' contributions National Insurance Scheme55 24434 69353 91240 49956 569
    Employers' contributions National Insurance Scheme84 14146 09688 15344 46688 307
    Interest and dividends26 43738 09427 15647 39238 042
    Transfers from other state accounts2084121239 460
    Transfers from municipalities and county authorities607643623671675
    Transfers from the central bank0017 60400
    Other transfers1 3492 1592 8562 1841 030
    B. TOTAL EXPENDITURE398 217457 634512 813476 658442 298
    Operating costs51 57675 38654 24961 62857 612
    Wages and salaries26 26227 35228 94632 65527 555
    Goods and services16 35024 77416 37317 97118 754
    Other operating expenses9 04223 1239 11711 21511 574
    Operating deficit central government enterprises-78137-187-213-271
    Total fixed capital formation17 17230 42318 91219 83326 670
    Construction etc. extraction of petroleum7 4647 4467 5187 7577 126
    Construction etc. other central government enterprises1 7543 7531 7322 4261 921
    Other fixed capital formation7 95419 2249 6629 65017 623
    Total transfers329 469351 825439 652395 197358 016
    Transfers to other state accounts22 7766 11036 30716 93522 726
    Transfers to municipalities and county authorities61 22774 64279 302105 37961 306
    Pensions benefits etc. National Insurance Scheme153 195163 494153 820169 666166 115
    Interest expenditure2 8571 9314 2112 9094 378
    Other transfers89 414105 648166 012100 308103 491
    C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL50 027179 64053 762184 75468 435
    D. NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL139 000144 97596 00091 95499 000
    E=C-D. SURPLUS BEFORE FINANCIAL TRANSACTIONS-88 97334 665-42 23892 800-30 565
    F. LENDING MINUS REPAYMENTS-27 56946 81021 8972 849-17 072
    G. DEBT INSTALMENTS05 17562 8250300
    H=F+G-E. TOTAL FINANCING INCLUDING DEBT INSTALMENTS61 40417 320126 960-89 95113 793
    1The quarterly figures are subjected to chance variations and are not revised. They should be interpreted with caution.
    Explanation of symbols
  • Central government fiscal account. Revenue and expenditure by type. Annual figures. NOK Million.
    Central government fiscal account. Revenue and expenditure by type. Annual figures. NOK Million.
    AccountBudget
    20212022202320242025
    A. TOTAL REVENUE1 502 7202 668 4162 494 4012 388 6422 249 958
    Sales revenue22 06634 36531 13726 20828 883
    Operating surplus extraction of petroleum181 937528 720277 003295 900219 000
    Depreciation etc. extraction of petroleum25 63426 31427 20629 10032 100
    Depreciation etc. other central government enterprises1 8371 6981 9821 7591 810
    Other revenue from fixed capital formation1 8372 6742 0132 2752 382
    Total transfers1 269 4092 074 6452 155 0602 033 4001 965 783
    Tax revenue821 0941 565 7011 546 6341 417 8171 345 047
    Members' contributions National Insurance Scheme163 801169 866180 792190 787197 315
    Employers' contributions National Insurance Scheme206 434226 022247 960264 673269 420
    Interest and dividends49 55289 390159 094116 037121 276
    Transfers from other state accounts1 3099436249 0341 472
    Transfers from municipalities and county authorities1 4182 0172 4452 6442 693
    Other transfers10 6329 5989 4177 8089 586
    B. TOTAL EXPENDITURE1 584 1761 665 9351 806 8001 892 9602 020 836
    Operating costs198 897223 347236 764245 935274 670
    Wages and salaries102 321107 074112 635115 073130 039
    Goods and services61 96370 09474 85981 20488 629
    Other operating expenses37 43447 29349 55449 90556 281
    Operating deficit central government enterprises-2 821-1 114-284-247-279
    Total fixed capital formation72 86479 78686 68987 804103 584
    Construction etc. extraction of petroleum24 73228 37830 39626 00029 600
    Construction etc. other central government enterprises4 4675 7208 7178 2818 021
    Other fixed capital formation43 66545 68847 57653 52365 963
    Total transfers1 312 4151 362 8021 483 3471 559 2211 642 582
    Transfers to other state accounts71 08475 25477 92983 11171 362
    Transfers to municipalities and county authorities271 091265 570303 466326 259343 969
    Pensions benefits etc. National Insurance Scheme548 867564 215611 998651 125701 278
    Interest expenditure9 7607 99311 13012 45416 426
    Other transfers411 613449 770478 824486 272509 547
    C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL-81 4561 002 481687 601495 682229 122
    D. NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL-102 553975 348691 847495 681229 121
    E=C-D. SURPLUS BEFORE FINANCIAL TRANSACTIONS21 09727 133-4 24611
    F. LENDING MINUS REPAYMENTS9 35391 856-81 84533 874110 284
    G. DEBT INSTALMENTS74 0059 54399 63268 00063 817
    H=F+G-E. TOTAL FINANCING INCLUDING DEBT INSTALMENTS62 26174 26622 033101 873174 100
    Explanation of symbols
  • Net government cash flow from petroleum activities. Quarterly figures. NOK million
    Net government cash flow from petroleum activities. Quarterly figures. NOK million
    3rd quarter 20234th quarter 20231st quarter 20242nd quarter 20243rd quarter 2024
    Taxes on the extraction of petroleum71 826161 14577 676155 12958 555
    Environmental taxes and area fees4884 6323643 282168
    Net cash flow from SDFI39 12558 39059 49853 71659 787
    Equinor dividend18 93219 82319 05615 10613 911
    Net government cash flow from petroleum activities130 371243 990156 594227 234132 420
    Explanation of symbols

About the statistics

The central government’s fiscal account shows its total revenue and expenditure. The revenues include tax revenues, contributions to the National Insurance Scheme and petroleum-related revenues. The expenditure consists mainly of transfers, fixed capital formation and operating costs.

The information under «About the statistics» was last updated 8 December 2023.

Total revenue: Total gross revenue before transfers to the Government Pension Fund - Global.

Total expenditure: Total gross expenditure before transfers to the Government Pension Fund - Global.

Surplus before net transfers to the Government Pension Fund - Global: Total revenue minus total expenditure.

Surplus before financial transactions: Surplus after net transfers to the Government Pension Fund - Global.

Gross financing including debt instalments: Deficit before financial transactions plus lending minus repayments and debt instalments.

Financing: Use of capital to cover deficits before net transfers to the Government Pension Fund - Global is financed, distributed by main groups of financial instruments.

Financial instrument: Financial asset or liability with similar characteristics. Deposits, loans and securities are examples of financial objects.

Not relevant

Name: Central government's fiscal account
Topic: Public sector

Not yet determined

Division for Public Finance

National level only.

Monthly figures for revenue and expeniture are only published in StatBank. They are updated on the last workday of the following month and this update is not included in the overview of planned releases and events.

Quarterly figures are usually published within one and a half months after the end of the quarter. Annual figures are published when figures for the 4th quarter are published.

Budget figures are updated in the StatBank when figures for the 3rd and 4th quarter are published.

Monthly figures are reported to the International Monetary Fund (IMF).

Collected and revised data are stored securely by Statistics Norway in compliance with applicable legislation on data processing.

Statistics Norway can grant access to the source data (de-identified or anonymised microdata) on which the statistics are based, for researchers and public authorities for the purposes of preparing statistical results and analyses. Access can be granted upon application and subject to conditions. Refer to the details about this at Access to data from Statistics Norway.

The purpose is to provide the public access long time series to the central government's fiscal account, including the National Insurance Scheme. In addition, according to agreements with the International Monetary Fund (IMF), Norway is obliged to publish such accounting statistics.

Annual and quarterly figures are available from 1985 while monthly figures are available from 2003. Figures of some principle revenue items are available from 1980.

The general public, media and IMF are important users of the statistics. The figures in the central government’s fiscal accounts is also a central source of the statistics regarding the national accounts and public finances.

No external users have access to the statistics and analyses before they are published and accessible simultaneously for all users on ssb.no at 8 am. Prior to this, a minimum of three months' advance notice is given in the Statistics Release Calendar. This is one of Statistics Norway’s key principles for ensuring that all users are treated equally.

The statistics are not based on international standards. The figures for the central government's fiscal accounts are in principle final at the time of publishing. Figures from the statistics are included in processed form in the statistics General government revenue and expenditure and the National Accounts.

The statistics are developed, produced and disseminated pursuant to Act no. 32 of 21 June 2019 relating to official statistics and Statistics Norway (the Statistics Act).

The statistics are part of the national program for official statistics 2021-2023, main area Public finances.

Not relevant

The population comprises all administrative bodies that report to the central government's fiscal account. Non-corporate state enterprises and state lending institutions are partially included (most of them on a net basis), but not public corporations.

The statistics are based on data from The Norwegian Agency for Public and Financial Management (DFØ), which is responsible for preparing the national accounts. The central government's fiscal account is an administrative register that contains cash-based transactions for gross budgeting state administrative bodies, the state's business operations and the state lending institutions.

The figures that make up the state accounts are obtained electronically from DFØ.

The statistics are not subject to editing. Some simple calculations are made based on the classifications of the data from DFØ.

Not relevant

Not relevant

Major breaks in the time series do not occur. Certain minor breaches may occur since the state accounts' chart of accounts is continuously adjusted by decision in the Parlament, but presumably such adjustments have not had a significant impact on comparability over time.

The data is considered to be of high quality as there are extensive regulations and controls linked to the preparation of these accounts. Furthermore, it is not hard for Statistics Norway to carry out checks of the finished figures in the statistics against the source data. The uncertainty of the figures in the statistics is therefore considered low.

Published figures are considered final - and are seldom revised.

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