Latest news within subjects 09.01

National accounts, Quarterly sector accounts. Households and NPISHs
Increased income and savings
Disposable income in the household sector increased by 2.6 per cent from the 4th quarter of 2011 to the 1st quarter of 2012. (23.05.2012)
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National accounts, sector accounts
Increased savings for Norway in 2011
Revised figures for 2011 show higher savings for Norway than the previous release, while the savings for households remained unchanged. (22.05.2012)
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National accounts and environment
Lowest emission intensity since 1990
Increased activity in the Norwegian economy in 2011 did not give rise to a corresponding increase in greenhouse gas emissions. Emissions of greenhouse gases per produced unit of goods and services decreased by 3.5 per cent in 2011. In 2011, the emission intensity for the Norwegian economy reached the lowest level since 1990. (22.05.2012)
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Quarterly national accounts
Marked growth in mainland Norway
Gross domestic product (GDP) for mainland Norway grew by 1.1 per cent in the 1st quarter of 2012, up from a growth rate of 0.8 per cent in the previous two quarters, according to seasonally-adjusted national accounts figures. Both goods and service-producing industries contributed to the increase in GDP. (22.05.2012)
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Health accounts
NOK 250 billion spent on health in 2011
Total health expenditure is estimated at NOK 250 billion in 2011. This corresponds to NOK 50 000 per capita. The government covered 85 per cent of the total health expenditure. (19.04.2012)
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National accounts
Debt to income ratio increases
Households and non-profit institutions serving households’ debt amounted to 206.5 per cent of disposable income at the end of the fourth quarter of 2011. The seasonally- adjusted debt to income ratio increased by 1.2 percentage points from the third to the fourth quarter last year. (29.03.2012)
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Regional accounts
GDP per person employed highest in Oslo
Gross domestic product (GDP) per person employed in Oslo was 15 per cent higher than the national average in 2009. The decline in demand for metal caused GDP per employed person in Telemark to drop 6 per cent below the national average in 2009. (12.03.2012)
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Satellite account for non-profit institutions
Non-profit institutions’ value added almost NOK 100 billion
Non-profit institutions’ gross value added, including the value of volunteer work, is estimated at NOK 98 billion in 2009. This was NOK 4.6 billion, or 5 per cent more than the year before. Compared to 2006, the value added in 2009 has increased by NOK 16 billion. (19.12.2011)
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National accounts, annual final national account, revised figures
Higher GDP
The Norwegian total economy had stronger growth in 2010 than previously estimated. According to revised national accounts, GDP grew by 0.7 per cent in 2010; an upward revision of 0.4 per cent. Statistics Norway has also carried out a main revision of the national accounts dating back to 1970, the results of which have now been released. (22.11.2011)
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National accounts, financial and non-financial accounts
Decline in investment and borrowing
Non-financial corporations’ operating surplus was sharply reduced during the financial crisis. In 2009, net acquisition of non-financial assets was only 35 per cent of investments in 2008. At the same time, corporations’ net incurrence of liabilities was close to zero. At the end of 2009, the economic situation improved, and in 2010 the operating surplus increased. (07.07.2011)
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Tourism satellite accounts
Holiday budgets cut
Since the start of the international financial crisis, holiday budgets have been cut. In 2009, total tourism consumption in Norway was NOK 105.5 billion, according to preliminary results. Calculated in volume, this is a decrease of 5 per cent from 2008. The non-residents’ tourism consumption in Norway decreased the most. (25.03.2010)
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