253142
253142
Decrease in government revenue
statistikk
2016-05-12T10:00:00.000Z
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 expenditure2015

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Decrease in government revenue

The central government’s fiscal account shows a decrease by 4 per cent in government revenue from 2014 to 2015.

Central government fiscal account. Revenue and expenditure. Annual figures. NOK Million.
AccountBudget
20132014201520152016
A. TOTAL REVENUE1 291 8191 278 7581 227 4121 331 5151 252 490
Sales revenue23 66323 65222 91618 44525 826
Operating surplus extraction of petroleum131 604121 44793 855121 00092 200
Depreciation etc. extraction of petroleum20 26121 83823 72726 70023 700
Depreciation etc. other central government enterprises1 9432 3112 6492 0312 229
Other revenue from fixed capital formation582537523291221
Total transfers1 113 7661 108 9731 083 7421 163 0481 108 314
 
B. TOTAL EXPENDITURE1 063 1211 127 0961 194 4651 201 7841 257 397
Operating costs150 437156 948167 382170 455184 917
Total fixed capital formation69 11177 53674 92283 78681 553
Total transfers843 573892 612952 161947 543990 927
 
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL228 698151 66232 947129 731-4 907

The decrease is mainly due to lower income from petroleum extraction. The operating surplus from the SDFI was reduced by NOK 28 billion and a NOK 66 billion decrease in tax revenue from petroleum has caused a decrease of about 8 per cent in total tax revenue. Employers and members contributions to the National Insurance Scheme have increased by a total of NOK 15 billion from 2014 to 2015.

The central government’s total expenditure has increased by NOK 67 billion, or 6 per cent, form 2014 to 2015. Operating costs have increased by about 7 per cent. Central government investment has decreased by more than 3 per cent. Investments in government petroleum activities have decreased by 18 per cent. Transfers, which account for most of the central government expenditure, have increased by NOK 60 billion, or about 7 per cent from 2014 to 2015. Half of this increase is due to an increase in pensions and benefits paid through the National Insurance Scheme.

The surplus before net transfers to the Government Pension Fund Global was NOK 33 billion in 2015. This is NOK 119 billion less than in 2014.

Reimbursements subtracted from wage costs.Open and readClose

Starting in 2015, reimbursements from the government due to illness/maternity leave are subtracted from wages and salaries. The repayments account for about NOK 2 billion in 2015.