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472 Financial balance sheet per 31 December. NOK million
Financial instrument General government
2006* 2007* 2008* 2009* 2010* 2011*
A. Financial assets, total 4 192 094 4 507 320 4 578 267 4 854 965 5 420 932 5 278 373
             
B. Liabilities, total 1 280 576 1 305 530 1 412 267 1 166 973 1 252 170  938 235
             
A.-B. Net financial assets 2 911 518 3 201 790 3 166 000 3 687 992 4 168 762 4 340 138
             
Specifications            
Gross debt, consolidated1 1 174 115 1 170 452 1 234 651 1 024 751 1 094 161  788 389
Per cent of GDP 53.8 50.7 48.2 43.0 43.0 28.7
  Central government
  2006* 2007* 2008* 2009* 2010* 2011*
A. Financial assets, total 3 988 046 4 292 973 4 376 364 4 639 463 5 196 939 5 045 067
Of which The Government Petroleum Fund - Global 2 518 557 2 766 490 3 012 199 2 934 161 3 424 854 3 377 255
Of which the National Insurance Fund - Norway  109 117  117 564 89 655  118 750  139 478  136 431
             
B. Liabilities, total 1 049 503 1 054 570 1 133 500  856 554  909 989  566 195
             
A.-B. Net financial assets 2 938 543 3 238 403 3 242 864 3 782 909 4 286 950 4 478 872
  Local government
 
  2006* 2007* 2008* 2009* 2010* 2011*
A. Financial assets, total  219 538  226 310  216 336  231 880  241 307  251 094
             
B. Liabilities, total  246 562  262 923  293 200  326 798  359 495  389 828
             
A.-B. Net financial assets -27 024 -36 613 -76 864 -94 918 -118 188 -138 734
1  According to the Maastricht definition, which gives requirements to the EU-countries, gross public debt should not exceed 60 per cent of GDP.
Source: General government financial assets and liabilities, Statistics Norway.
More information:  http://www.ssb.no/en/offogjeld 

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