168701
statistikk
2014-09-05T10:00:00.000Z
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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Statistics

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Central government revenue and expenditureQ2 2014

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Reduced government revenue

The central government’s fiscal account, including the National Insurance Scheme, shows revenue of NOK 352 billion and expenditure of NOK 299 billion in the second quarter of 2014.

Central government fiscal account including National Insurance Scheme. Quarter. NOK million.
2nd quarter 2013 2nd quarter 2014 Change in per cent
A. TOTAL REVENUE 375 173 352 349 -6.1
Operating surplus extraction of petroleum 33 782 28 532 -15.5
Tax revenue 249 472 228 983 -8.2
Members' and employers' contribution to the National Insurance Scheme 50 007 52 499 5.0
Interest and dividends 30 139 30 495 1.2
Other revenue 11 773 11 840 0.6
 
B. TOTAL EXPENDITURE 266 606 299 134 12.2
Operating costs 36 062 38 753 7.5
Total fixed capital formation 14 649 18 789 28.3
Total transfers 215 895 241 592 11.9
 
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL 108 567 53 215

Total revenue has decreased by NOK 23 billion compared to the second quarter of 2013. This is mainly due to a decrease in tax income from the extraction of petroleum. Total tax revenue has decreased by NOK 20 billion, from NOK 249 billion to NOK 229 billion, from the second quarter of 2013. Taxes account for most of the transfers to the central government and the total sum of transfers is reduced by almost NOK 18 billion. Other significant transfers are contributions to the National Insurance Scheme of NOK 52 billion and interest and dividends of NOK 30 billion. These transfers have increased by a total of NOK 3 billion from the second quarter of last year.

Besides transfers, the central government had sales revenue of NOK 5 billion and income from petroleum extraction of NOK 34 billion in the second quarter of this year. These sums have also decreased, by a total of NOK 5 billion.

Total government expenditure was NOK 299 billion in the second quarter. Transfers account for NOK 242 billion, operating expenses account for NOK 39 billion and fixed capital formation account for NOK 19 billion of this sum. Total expenditure has increased by NOK 33 billion from the second quarter of 2013. Part of this increase is due to different periodization of the expenses in 2013 and 2014.

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