Central government revenue and expenditure

Updated: 24 May 2023

Next update: 17 August 2023

Surplus before net transfers to the Government Pension Fund Global
Surplus before net transfers to the Government Pension Fund Global
1st quarter 2023
161 996
NOK million
Central government fiscal account. Quarterly figures. NOK million.
Central government fiscal account. Quarterly figures. NOK million.
1st quarter 20221st quarter 2023Change in per cent
A. TOTAL REVENUE527 551643 16221.9
Operating surplus extraction of petroleum114 534115 9881.3
Tax revenue255 939348 96336.3
Members' and employers' contribution to the National Insurance Scheme121 919129 0815.9
Interest and dividends6 76023 689250.4
Other revenue28 39925 441-10.4
B. TOTAL EXPENDITURE432 567481 16611.2
Operating costs50 28054 9329.3
Total fixed capital formation17 47118 0253.2
Total transfers364 816408 20911.9
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL94 984161 996
Explanation of symbols

Selected tables and figures 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
    1st quarter 20222nd quarter 20223rd quarter 20224th quarter 20221st quarter 2023
    A. TOTAL REVENUE527 551633 690718 838788 337643 162
    Sales revenue5 7917 0695 42316 0815 182
    Operating surplus extraction of petroleum114 534122 464166 826124 896115 988
    Depreciation etc. extraction of petroleum6 3096 2966 7186 9917 029
    Depreciation etc. other central government enterprises414407409468416
    Other revenue from fixed capital formation208285-1392 321129
    Total transfers400 295497 169539 601637 580514 418
    Tax revenue255 939384 916380 952543 894348 963
    Members' contributions National Insurance Scheme50 34438 32555 80625 39152 591
    Employers' contributions National Insurance Scheme71 57539 16976 00139 27876 490
    Interest and dividends6 76032 21224 73925 67923 689
    Transfers from other state accounts0-12137310
    Transfers from municipalities and county authorities325532582577586
    Transfers from the central bank11 1080008 094
    Other transfers4 2442 0161 3082 0304 005
    B. TOTAL EXPENDITURE432 567430 879375 420427 074481 166
    Operating costs50 28053 38051 38068 30854 932
    Wages and salaries28 65427 58126 46724 37330 408
    Goods and services14 49315 01315 64524 94417 157
    Other operating expenses7 34010 8369 26919 8477 567
    Operating deficit central government enterprises-207-50-1-856-200
    Total fixed capital formation17 47118 50017 82925 98618 025
    Construction etc. extraction of petroleum7 9227 6696 9425 8455 722
    Construction etc. other central government enterprises1 1681 3411 2981 9131 554
    Other fixed capital formation8 3819 4909 58918 22810 749
    Total transfers364 816358 999306 211332 780408 209
    Transfers to other state accounts30 01016 26918 39310 58333 825
    Transfers to municipalities and county authorities70 60885 75140 62668 58674 394
    Pensions benefits etc. National Insurance Scheme132 383145 040139 479147 313139 231
    Interest expenditure3 4662 4501 8002783 381
    Other transfers128 349109 489105 913106 020157 378
    C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL94 984202 811343 418361 263161 996
    D. NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL140 000202 916306 000326 432217 000
    E=C-D. SURPLUS BEFORE FINANCIAL TRANSACTIONS-45 016-10537 41834 831-55 004
    F. LENDING MINUS REPAYMENTS16 6581 2624673 891-101 589
    G. DEBT INSTALMENTS01 2404 3034 00037 890
    H=F+G-E. TOTAL FINANCING INCLUDING DEBT INSTALMENTS61 6742 607-33 06943 060-8 695
    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
    20202021202220222023
    A. TOTAL REVENUE1 288 8281 502 7202 668 4161 558 9962 881 424
    Sales revenue34 39022 06634 36520 61622 851
    Operating surplus extraction of petroleum59 075181 937528 72095 500513 300
    Depreciation etc. extraction of petroleum22 43925 63426 31424 90027 000
    Depreciation etc. other central government enterprises3 1291 8371 6981 6501 663
    Other revenue from fixed capital formation5131 8372 6741 0442 573
    Total transfers1 169 2821 269 4092 074 6451 415 2862 314 037
    Tax revenue748 217821 0941 565 701959 3511 789 538
    Members' contributions National Insurance Scheme154 541163 801169 866163 833176 246
    Employers' contributions National Insurance Scheme186 804206 434226 022214 157244 916
    Interest and dividends50 09849 55289 39056 03083 112
    Transfers from other state accounts1561 3099432526
    Transfers from municipalities and county authorities1 4411 4182 0172 4752 567
    Other transfers8 31910 6329 5989 3029 032
    B. TOTAL EXPENDITURE1 552 5291 584 1761 665 9351 581 5641 753 820
    Operating costs184 128198 897223 347209 086225 274
    Wages and salaries92 941102 321107 074105 374107 924
    Goods and services58 66061 96370 09465 07574 875
    Other operating expenses33 07637 43447 29339 74542 717
    Operating deficit central government enterprises-549-2 821-1 114-1 108-242
    Total fixed capital formation76 01272 86479 78679 51783 650
    Construction etc. extraction of petroleum27 60124 73228 37826 50028 300
    Construction etc. other central government enterprises3 8424 4675 7206 5649 354
    Other fixed capital formation44 56943 66545 68846 45345 996
    Total transfers1 292 3891 312 4151 362 8021 292 9611 444 896
    Transfers to other state accounts101 72271 08475 25470 85275 558
    Transfers to municipalities and county authorities267 309271 091265 570260 111290 287
    Pensions benefits etc. National Insurance Scheme532 396548 867564 215553 372588 510
    Interest expenditure10 4639 7607 99310 25111 530
    Other transfers380 499411 613449 770398 375479 011
    C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL-263 701-81 4561 002 481-22 5681 127 604
    D. NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL-310 602-102 553975 348-22 5651 127 604
    E=C-D. SURPLUS BEFORE FINANCIAL TRANSACTIONS46 90121 09727 133-30
    F. LENDING MINUS REPAYMENTS51 9189 35391 85695 596-74 081
    G. DEBT INSTALMENTS13 99574 0059 543078 457
    H=F+G-E. TOTAL FINANCING INCLUDING DEBT INSTALMENTS19 01262 26174 26695 5994 376
    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
    1st quarter 20222nd quarter 20223rd quarter 20224th quarter 20221st quarter 2023
    Taxes on the extraction of petroleum70 966134 874228 193279 588127 905
    Environmental taxes and area fees82 7071344 460207
    Net cash flow from SDFI113 515121 686167 196126 637117 967
    Equinor dividend3 4808 5268 20415 04819 182
    Net government cash flow from petroleum activities187 969267 793403 728425 733265 261
    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

17 August 2023

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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