Central government revenue and expenditure

Updated: 17 November 2023

Next update: 18 March 2024

Surplus before net transfers to the Government Pension Fund Global
Surplus before net transfers to the Government Pension Fund Global
3rd quarter 2023
50 027
NOK million
Central government fiscal account. Quarterly figures. NOK million.
Central government fiscal account. Quarterly figures. NOK million.
3rd quarter 20223rd quarter 2023Change in per cent
A. TOTAL REVENUE718 838448 244-37.6
Operating surplus extraction of petroleum166 82639 233-76.5
Tax revenue380 952227 988-40.2
Members' and employers' contribution to the National Insurance Scheme131 807139 3855.7
Interest and dividends24 73926 4376.9
Other revenue14 51415 2014.7
B. TOTAL EXPENDITURE375 420398 2176.1
Operating costs51 38051 5760.4
Total fixed capital formation17 82917 172-3.7
Total transfers306 211329 4697.6
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL343 41850 027
Explanation of symbols

Selected tables and charts from this statistics

  • Central government fiscal account. Revenue and expenditure by type. Quarterly figures. NOK Million.
    Central government fiscal account. Revenue and expenditure by type. Quarterly figures. NOK Million.1
    3rd quarter 20224th quarter 20221st quarter 20232nd quarter 20233rd quarter 2023
    A. TOTAL REVENUE718 838788 337643 162765 719448 244
    Sales revenue5 42316 0815 1825 9275 746
    Operating surplus extraction of petroleum166 826124 896115 98863 87939 233
    Depreciation etc. extraction of petroleum6 7186 9917 0296 2216 658
    Depreciation etc. other central government enterprises409468416467461
    Other revenue from fixed capital formation-1392 321129242172
    Total transfers539 601637 580514 418688 983395 974
    Tax revenue380 952543 894348 963536 097227 988
    Members' contributions National Insurance Scheme55 80625 39152 59138 26455 244
    Employers' contributions National Insurance Scheme76 00139 27876 49041 23384 141
    Interest and dividends24 73925 67923 68970 87426 437
    Transfers from other state accounts21373103208
    Transfers from municipalities and county authorities582577586609607
    Transfers from the central bank008 09400
    Other transfers1 3082 0304 0051 9031 349
    B. TOTAL EXPENDITURE375 420427 074481 166469 781398 217
    Operating costs51 38068 30854 93254 86951 576
    Wages and salaries26 46724 37330 40828 61326 262
    Goods and services15 64524 94417 15716 57716 350
    Other operating expenses9 26919 8477 5679 8229 042
    Operating deficit central government enterprises-1-856-200-143-78
    Total fixed capital formation17 82925 98618 02521 07017 172
    Construction etc. extraction of petroleum6 9425 8455 7229 7657 464
    Construction etc. other central government enterprises1 2981 9131 5541 6561 754
    Other fixed capital formation9 58918 22810 7499 6497 954
    Total transfers306 211332 780408 209393 842329 469
    Transfers to other state accounts18 39310 58333 82515 21822 776
    Transfers to municipalities and county authorities40 62668 58674 39493 20261 227
    Pensions benefits etc. National Insurance Scheme139 479147 313139 231156 078153 195
    Interest expenditure1 8002783 3812 9602 857
    Other transfers105 913106 020157 378126 38489 414
    C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL343 418361 263161 996295 93850 027
    D. NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL306 000326 432217 000190 872139 000
    E=C-D. SURPLUS BEFORE FINANCIAL TRANSACTIONS37 41834 831-55 004105 066-88 973
    F. LENDING MINUS REPAYMENTS4673 891-101 589502-27 569
    G. DEBT INSTALMENTS4 3034 00037 89056 5670
    H=F+G-E. TOTAL FINANCING INCLUDING DEBT INSTALMENTS-33 06943 060-8 695-47 99761 404
    1The quarterly figures are subjected to chance variations and are not revised. They should be interpreted with caution.
    Explanation of symbols
  • Central government fiscal account. Revenue and expenditure by type. Annual figures. NOK Million.
    Central government fiscal account. Revenue and expenditure by type. Annual figures. NOK Million.
    AccountBudget
    20202021202220232024
    A. TOTAL REVENUE1 288 8281 502 7202 668 4162 881 4242 378 313
    Sales revenue34 39022 06634 36522 85126 208
    Operating surplus extraction of petroleum59 075181 937528 720513 300295 900
    Depreciation etc. extraction of petroleum22 43925 63426 31427 00029 100
    Depreciation etc. other central government enterprises3 1291 8371 6981 6631 759
    Other revenue from fixed capital formation5131 8372 6742 5732 275
    Total transfers1 169 2821 269 4092 074 6452 314 0372 023 071
    Tax revenue748 217821 0941 565 7011 789 5381 416 509
    Members' contributions National Insurance Scheme154 541163 801169 866176 246190 787
    Employers' contributions National Insurance Scheme186 804206 434226 022244 916264 673
    Interest and dividends50 09849 55289 39083 112116 016
    Transfers from other state accounts1561 3099432634
    Transfers from municipalities and county authorities1 4411 4182 0172 5672 644
    Other transfers8 31910 6329 5989 0327 808
    B. TOTAL EXPENDITURE1 552 5291 584 1761 665 9351 753 8201 882 631
    Operating costs184 128198 897223 347225 274245 903
    Wages and salaries92 941102 321107 074107 924116 655
    Goods and services58 66061 96370 09474 87579 640
    Other operating expenses33 07637 43447 29342 71749 855
    Operating deficit central government enterprises-549-2 821-1 114-242-247
    Total fixed capital formation76 01272 86479 78683 65087 355
    Construction etc. extraction of petroleum27 60124 73228 37828 30026 000
    Construction etc. other central government enterprises3 8424 4675 7209 3548 281
    Other fixed capital formation44 56943 66545 68845 99653 074
    Total transfers1 292 3891 312 4151 362 8021 444 8961 549 373
    Transfers to other state accounts101 72271 08475 25475 55878 580
    Transfers to municipalities and county authorities267 309271 091265 570290 287324 815
    Pensions benefits etc. National Insurance Scheme532 396548 867564 215588 510650 581
    Interest expenditure10 4639 7607 99311 53012 454
    Other transfers380 499411 613449 770479 011482 943
    C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL-263 701-81 4561 002 4811 127 604495 682
    D. NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL-310 602-102 553975 3481 127 604495 681
    E=C-D. SURPLUS BEFORE FINANCIAL TRANSACTIONS46 90121 09727 13301
    F. LENDING MINUS REPAYMENTS51 9189 35391 856-74 08131 718
    G. DEBT INSTALMENTS13 99574 0059 54378 45768 000
    H=F+G-E. TOTAL FINANCING INCLUDING DEBT INSTALMENTS19 01262 26174 2664 37699 717
    Explanation of symbols
  • Net government cash flow from petroleum activities. Quarterly figures. NOK million
    Net government cash flow from petroleum activities. Quarterly figures. NOK million
    3rd quarter 20224th quarter 20221st quarter 20232nd quarter 20233rd quarter 2023
    Taxes on the extraction of petroleum228 193279 588127 905253 55071 826
    Environmental taxes and area fees1344 4602073 492488
    Net cash flow from SDFI167 196126 637117 96761 02739 125
    Equinor dividend8 20415 04819 18220 37218 932
    Net government cash flow from petroleum activities403 728425 733265 261338 442130 371
    Explanation of symbols
  • Net government cash flow from petroleum activities. Annual figures. NOK million
    Net government cash flow from petroleum activities. Annual figures. NOK million
    2019202020212022
    Taxes on the extraction of petroleum133 50128 38885 711713 621
    Environmental taxes and area fees6 8787 0206 1387 310
    Net cash flow from SDFI96 47956 387185 170529 033
    Equinor dividend20 05715 03010 49435 258
    Net government cash flow from petroleum activities256 915106 825287 5131 285 223
    Explanation of symbols

About the statistics

The central government’s fiscal account shows its total revenue and expenditure. The revenues include tax revenues, contributions to the National Insurance Scheme and petroleum-related revenues. The expenditure consists mainly of transfers, fixed capital formation and operating costs.

Total revenue: Total gross revenue before transfers to the Government Pension Fund - Global.

Total expenditure: Total gross expenditure before transfers to the Government Pension Fund - Global.

Surplus before net transfers to the Government Pension Fund - Global: Total revenue minus total expenditure.

Surplus before financial transactions: Surplus after net transfers to the Government Pension Fund - Global.

Gross financing including debt instalments: Deficit before financial transactions plus lending minus repayments and debt instalments.

Financing: How the deficit (or surplus) before net transfers to the Government Pension Fund - Global is financed, distributed by main groups of financial instruments.

Type: Revenue and expenditure are classified in main groups by type, mainly based on whether the transaction is related to operation or investments, whether services are offered in return or not, and what kind of economic function the individual transaction has. Originally the distribution by type was based on the National Accounts' distinctions, but over time this has changed somewhat.

Programme category: Expenditure is classified by main purpose of the individual expenditure item.

Financial instrument: Rough classification of financing by financial instrument, with a distinction between deposits, loans, short-term securities, medium and long-term securities, and equity (shares, capital deposits etc.).

Not relevant

Name: Central government revenue and expenditure
Topic: Public sector

18 March 2024

Division for Public Finance

National level only.

Figures are published 35-45 days after the end of each quarter. Annual figures are published with the figures for the fourth quarter.

Monthly figures for revenue and expeniture are only published in StatBank. They are updated on the last workday of the following month and this update is not included in the overview of planned releases and events.

Not relevant

The micro data are stored in the SAS database.

The purpose is to give the public access to quarterly figures for the central government's fiscal account, including the National Insurance Scheme. Quarterly figures are available from the first quarter 1985.

The statistics are processed for use in the National Accounts. Other important users are the Ministry of Finance, the IMF and mass media.

No external users have access to the statistics and analyses before they are published and accessible simultaneously for all users on ssb.no at 8 am. Prior to this, a minimum of three months' advance notice is given in the Statistics Release Calendar. This is one of Statistics Norway’s key principles for ensuring that all users are treated equally.

The statistics are not based on international standards. The figures for the central government's fiscal accounts are in principle final at the time of publishing. Annual figures from the statistics are included in processed form in the statistics General government revenue and expenditure and the annual and quarterly statistics are included in the National Accounts.

The Statistics Act, § 10

Not relevant

The population comprises all administrative bodies that report to the central government's fiscal account. Non-corporate state enterprises and state lending institutions are partially included (most of them on a net basis), but not public corporations.

The central government's fiscal account is an administrative register collected from the Ministry of Finance.

This mostly consists of checking that the accounts balance (i.e. that expenditures equal the sum of revenues and net financial transactions).

Not relevant
Not relevant

One tries to avoid great breaks in the series by presenting only main groups of revenues and expenditures in the tables. Breaks may still occur, since the central government fiscal account's chart of accounts constantly is being adjusted by resolutions in the National Assembly.

Errors may occur while aggregating main item, programme area and financial instrument.

Not relevant

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