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143978
Few changes in approved budget
statistikk
2014-03-05T10:00:00.000Z
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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Central government revenue and expenditure, 2014

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Few changes in approved budget

In the 2014 approved central government budget the total revenue amounts to NOK 1 293 billion, while expenditure totals NOK 1 116 billion. This is approximately the same as the budget proposal that was presented in November last year.

Central government fiscal account including National Insurance Scheme. Revenue and expenditure. Annual figures. NOK Million.Published 5 March 2014
AccountBudget
20112012201320132014
A. TOTAL REVENUE1 223 5241 290 735.1 314 8401 293 028
Sales revenue21 51322 481.17 17818 481
Operating surplus extraction of petroleum125 820148 446.129 000115 500
Depreciation etc. extraction of petroleum16 86219 502.22 00022 800
Depreciation etc. other central government enterprises2 2221 992.1 7701 802
Other revenue from fixed capital formation374524.286335
Total transfers1 056 7331 097 790.1 144 6061 134 110
 
B. TOTAL EXPENDITURE952 122996 144.1 065 3191 116 399
Operating costs139 589144 030.158 057160 281
Total fixed capital formation47 15352 884.62 53471 968
Total transfers765 380799 230.844 728884 150
 
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL271 402294 591.249 521176 629

Source: Statistics Norway

Central government revenue has decreased by NOK 22 billion, or 1.7 per cent, compared to the approved budget for 2013. Expenditure has increased by NOK 59 billion, which is an increase of 4.7 per cent from the previous year.

Surplus before net transfers to the Government Pension Fund Global is NOK 177 billion in the 2014 budget. This is a decrease of NOK 73 billion compared to the approved budget for 2013.