220313
220313
Reduced central government surplus
statistikk
2015-05-19T10:00:00.000Z
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 expenditure2014

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Reduced central government surplus

The central government’s fiscal account for 2014 shows a surplus of NOK 152 billion. This is NOK 77 billion less than in 2013.

Central government fiscal account including National Insurance Scheme. Revenue and expenditure. Annual figures. NOK Million.
Account Budget
2012 2013 2014 2014 2015
A. TOTAL REVENUE 1 290 735 1 291 819 1 278 758 1 293 028 1 331 515
Sales revenue 22 481 23 663 23 652 18 481 18 445
Operating surplus extraction of petroleum 148 446 131 604 121 447 115 500 121 000
Depreciation etc. extraction of petroleum 19 502 20 261 21 838 22 800 26 700
Depreciation etc. other central government enterprises 1 992 1 943 2 311 1 802 2 031
Other revenue from fixed capital formation 524 582 537 335 291
Total transfers 1 097 790 1 113 766 1 108 973 1 134 110 1 163 048
 
B. TOTAL EXPENDITURE 996 144 1 063 121 1 127 096 1 116 399 1 201 784
Operating costs 144 030 150 437 156 948 160 281 170 455
Total fixed capital formation 52 884 69 111 77 536 71 968 83 786
Total transfers 799 230 843 573 892 612 884 150 947 543
 
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL 294 591 228 698 151 662 176 629 129 731

The central government’s total revenue was NOK 1 279 billion in 2014. This is a decrease of NOK 13 billion from 2013. Reduced oil revenue accounts for most of this decrease. Total tax revenue has decreased by NOK 26 billion, mainly due to low payments on petroleum taxes. The government’s operating surplus from extraction of petroleum has also decreased by NOK 10 billion from 2013. Income from interest and dividends has increased by NOK 6 billion and contributions to the National Insurance Scheme have increased by a total of NOK 15 billion in the same period.

The central government’s total expenditure was NOK 1 127 billion in 2014. This is an increase of NOK 64 billion from the previous year. Transfers account for most of this sum with a total of NOK 893 billion. This is NOK 49 billion more than in 2013.

The central government’s operating expenses was NOK 157 billion in 2014. This is NOK 7 billion, or 4.3 per cent more than in 2013.