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/en/offentlig-sektor/statistikker/offinnut/arkiv
11156
Slight decrease in government surplus
statistikk
2004-04-30T10:00:00.000Z
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
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General government revenue and expenditure, 2003

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.

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Slight decrease in government surplus

The general government net lending amounted to NOK 129.9 billion in 2003. This is a decrease of 6.8 per cent compared with 2002, when the net lending amounted to NOK 139.3 billion. The general government total expenditure totalled NOK 717.1 billion in 2003. This corresponds a 6.4 per cent increase from 2002, when the total government expenditure amounted to NOK 673.7 billion.

The general government total revenue increased from 813.1 billion in 2002 to 847.1 billion in 2003. This is mainly due to a growth in the tax revenue and increased transfers from the government petroleum enterprise.

Increased local government deficit

New figures show that local government had a significant deficit before financial transactions in 2003. The deficit - a key indicator in assessing the state of local government finances - amounted to NOK 15 billion. The sizeable local government deficit in 2003 may be attributed to growth in consumption and gross fixed capital formation.

The 2003 deficit follows a surplus of NOK 7 billion in 2002. Revenues and expenditure in 2002 were, however, influenced by the takeover of responsibility for all Norwegian hospitals by the central government from 1 January 2002. If earmarked grants connected with hospital-debt are excluded, the data show a deficit of approximately NOK 14 billion in 2002.

Revision of local government revenues and expenditure in 2001 involves a sizeable adjustment of local government consumption. Certain expenditures that were previously considered transfers to the private sector are now classified as social benefits in kind. As a result, local government consumption in 2001 is adjusted upwards by approximately NOK 3 billion.

The central government

The central governments total expenditure increased from 569.9 billion in 2002 to 583.8 billion in 2003. This is connected to increased payments from the National Insurance Scheme and higher consumption in the health enterprises.