54196_not-searchable
/en/offentlig-sektor/statistikker/offinnut/aar
54196
NOK 263 billion in surplus1
statistikk
2011-03-30T10:00:00.000Z
Public sector;Public sector
en
offinnut, General government revenue and expenditure, central government, local government, taxes, duties, national insurance contributions, pension premiums, revenue by type (for example fines, fees, tolls), expenditure by type (for example disability pension, child benefit, subsidies), expenditure by function (for example health care, environmental protection, culture), public deficit, municipal accounts, municipal economy, municipal finances, net financial investments.Local government finances , General government , Central government finances , Public sector
false

General government revenue and expenditure, 2010

Variants of the statistics:

The statistics describe government revenue and expenditure. Together with financial assets and liabilities, they give a comprehensive overview of the sector’s finances.

Content

Published:

This is an archived release.

Go to latest release

NOK 263 billion in surplus1

Preliminary figures for general government show a surplus of NOK 263 billion1 for 2010; an increase of NOK 14 billion1 from 2009. Central government generated a surplus of NOK 292 billion, while local government had a deficit of close to NOK 29 billion1.

Corrected 01.04.2011

Figures for local governments expenditure and deficit were corrected 1 April 2011. As a consequence, figures for total expenditure and surplus were also corrected.

General government’s total revenue for 2010 increased by NOK 62 billion1 to NOK 1 410 billion1 in 2010. The increase was mostly due to increased taxes on income and wealth, and taxes on goods and services. Total expenditure rose by under NOK 48 billion1 to NOK 1 144 billion, mainly because of growth in social benefits in cash and compensation of employees.

Adjustments of taxes on petroleum (2005-2008)

Owing to the introduction of two new rules in petroleum taxation as of 2005, tax statistics published 30.03.2011 include corrected figures in tables.

 

For 2005-2008, this causes a downward correction in central government’s tax income, which yields a parallel reduction of net lending. For 2009, the new tax rules were already incorporated in the figures previously published.

 

Read more about the adjustments in this article Correction of tax statistics .

Central government net lending: NOK 292 billion

Central government’s revenue increased by NOK 50 billion from 2009 to 2010. The increase was due, in large parts, to increased taxes on income and wealth from extraction of petroleum (up NOK 29 billion), but also revenue from taxes on goods and services (up NOK 20 billion), where especially value added tax and motor vehicle registration tax increased substantially.

Central government expenditure increased by approximately NOK 33 billion to NOK 911 billion in 2010. Social benefits in cash increased by NOK 18 billion. As of 1 March 2010, as part of the NAV (Norwegian Labour and Welfare Service) reform, vocational rehabilitation benefits and time-limited disability benefits are replaced by a work assessment allowance. There is therefore a break in the series for disability pensions and vocational rehabilitation benefits. However, in total, these expenses increased by NOK 6 billion from 2009 to 2010. Retirement pensions, also a component of social benefits in cash, increased by NOK 9 billon, while central government’s grants to local government increased by NOK 10 billion.

The deficits continue for local government

Compared with 2009, local governments’ revenue increased by NOK 20 billion to NOK 354 billion in 2010. Total expenditure rose to NOK 383 billion1 in 2010; an increase of NOK 23.8 billion1. For 2010 the deficit, measured by net borrowing, amounted to NOK 28.8 billion1; NOK 3.4 billion1 higher than the previous year. Except for a small surplus in 2002, local government has been a net borrower every year since 1995.

The increase in revenues in 2010 is mainly due to increased grants from central government and increased national tax on individuals’ income. Also, local government had proceeds from toll collection on classified roads and ferry services transferred from central government in 2010. Local governments’ total expenditure increased mainly as a consequence of increased compensation of employees, use of goods and services, and acquisitions of fixed capital.

Roads transferred to local government

On 1 January 2010, the responsibility for 17 200 km of classified roads and 78 ferry services was transferred from central government to the county authorities. This duty carried with it a financial burden for the local government, through increased operating and maintenance expenses and investments. The reform contributed to the substantial increase in investments carried out by the local government from 2009 to 2010. The increased expenses were partly compensated by larger grants from the central government. Also, the county authorities acquired significant income from toll collection on these roads and ferries, calculated to NOK 2 billion for 2010. These are registered as “Land rent, road rent etc.” under Property income.

Expenditure by function

Social protection is the largest group of expenditure for central government, and also shows the largest increase from 2009 to 2010. Social protection which, amongst others, includes benefits related to sickness and disability, old age, family and children, increased by NOK 20 billion compared to 2009.

In table 9, which deals with local governments’ expenditure by function, we find that the largest expenditures are related to social protection and education. However, the largest change from 2009 to 2010 is found under economic affairs, where the sub-group transport increased from NOK 18 billion to NOK 30 billion. This is mostly caused by the abovementioned transfer of roads and ferry services from the central government.

For 2009, accrued taxes are adjusted upwards by NOK 2 billion compared to figures published in December 2010 . Other than this, there are only minor changes. The surplus, as calculated by net lending, is increased to NOK 250 billion for 2009.
1Figure was corrected 1 April 2011

 

Tables

Published tables