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Statistics on

Central government revenue and expenditure

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.

Updated: 29 April 2025
Next update: 29 July 2025

Selected figures from the statistics

  • Central government fiscal account. Quarterly figures. NOK million.
    Central government fiscal account. Quarterly figures. NOK million.
    1st quarter 20241st quarter 2025Change in per cent
    A. Total income5675955.0
    Operating surplus extraction of petroleum597627.7
    Tax revenue304298-1.9
    Members' and employers' contribution to the National Insurance Scheme1421452.3
    Interest and dividends27270.8
    Other revenue344841.7
    B. Total expenditure5135211.7
    Operating costs546519.9
    Total fixed capital formation1915-22.3
    Total transfers4404420.5
    C. Surplus before net transfers to The Government Pension Fund – Global5473
    Explanation of symbols
  • Central government fiscal account. Revenue and expenditure by type. Quarterly figures. NOK Billion.
    Central government fiscal account. Revenue and expenditure by type. Quarterly figures. NOK Billion.1
    1st quarter 20242nd quarter 20243rd quarter 20244th quarter 20241st quarter 2025
    A. Total revenue567661511585595
    Sales revenue5712176
    Operating surplus extraction of petroleum5953596376
    Depreciation etc. extraction of petroleum78788
    Depreciation etc. other central government enterprises00110
    Other revenue from fixed capital formation12021
    Total transfers494592433495504
    Tax revenue304457239364298
    Members' contributions National Insurance Scheme5440573556
    Employers' contributions National Insurance Scheme8844884890
    Interest and dividends2747383727
    Transfers from other state accounts00980
    Transfers from municipalities and county authorities11111
    Transfers from the central bank1800030
    Other transfers32123
    B. Total expenses513477442522521
    Operating costs5462587565
    Wages and salaries2933282733
    Goods and services1618192619
    Other operating expenses911122113
    Operating deficit central government enterprises00000
    Total fixed capital formation1920275115
    Construction etc. extraction of petroleum887263
    Construction etc. other central government enterprises22222
    Other fixed capital formation101018239
    Total transfers440395358395442
    Transfers to other state accounts361723832
    Transfers to municipalities and county authorities79105618686
    Pensions benefits etc. National Insurance Scheme154170166174162
    Interest expenditure43424
    Other transfers166100103125158
    C. Surplus before net transfers to The Government Pension Fund – Global including debt instalments54185686473
    D. Net transfers to The Government Pension Fund – Global9692996978
    E=C-D Surplus before financial transactions-4293-31-5-5
    F. Lending minus repayments223-175013
    G. Debt instalments6300262
    H=F+G-E Total financing including debt instalments127-90145780
    1The quarterly figures are subjected to chance variations and are not revised. They should be interpreted with caution.
    Figures for 2024 Q4 were corrected on March 18 2025.
    Explanation of symbols
  • Central government fiscal account. Revenue and expenditure by type. Annual figures. NOK Billion.
    Central government fiscal account. Revenue and expenditure by type. Annual figures. NOK Billion.
    AccountBudget
    20222023202420242025
    A. Total2 6682 4942 3242 3892 250
    Sales revenue3431402629
    Operating surplus extraction of petroleum529277234296219
    Depreciation etc. extraction of petroleum2627302932
    Depreciation etc. other central government enterprises22222
    Other revenue from fixed capital formation32422
    Total transfers2 0752 1552 0142 0331 966
    Tax revenue1 5661 5471 3641 4181 345
    Members' contributions National Insurance Scheme170181186191197
    Employers' contributions National Insurance Scheme226248269265269
    Interest and dividends89159150116121
    Transfers from other state accounts111891
    Transfers from municipalities and county authorities22333
    Other transfers1098810
    B. Total expenses1 6661 8071 9531 8932 053
    Operating costs223237249246275
    Wages and salaries107113116115129
    Goods and services7075798190
    Other operating expenses4750535056
    Operating deficit central government enterprises-10000
    Total fixed capital formation808711788104
    Construction etc. extraction of petroleum2830492630
    Construction etc. other central government enterprises69988
    Other fixed capital formation4648605466
    Total transfers1 3631 4831 5881 5591 674
    Transfers to other state accounts7578848373
    Transfers to municipalities and county authorities266303332326351
    Pensions benefits etc. National Insurance Scheme564612664651702
    Interest expenditure811141216
    Other transfers450479495486532
    C. Surplus before net transfers to the Government pension fund - global1 002688370496197
    D. Surplus before net transfers to the Government pension fund - global975692356496197
    E=C-D Surplus before financial transactions27-41500
    F. Lending minus repayments92-825834113
    G. Debt instalments10100656864
    H=F+G-E Total financing including debt instalments7422108102176
    Accounting figures for 2024 were corrected on March 18, 2025.
    Explanation of symbols
  • Net government cash flow from petroleum activities. Quarterly figures. NOK billion
    Net government cash flow from petroleum activities. Quarterly figures. NOK billion
    1st quarter 20242nd quarter 20243rd quarter 20244th quarter 20241st quarter 2025
    Taxes on the extraction of petroleum781555912068
    Environmental taxes and area fees03050
    Net cash flow from SDFI5954604682
    Equinor dividend191514150
    Total157227132186150
    Explanation of symbols
  • Net government cash flow from petroleum activities. Annual figures. NOK billion
    Net government cash flow from petroleum activities. Annual figures. NOK billion
    2021202220232024
    Taxes on the extraction of petroleum86714614411
    Environmental taxes and area fees6799
    Net cash flow from SDFI185529277219
    Equinor dividend10357863
    Total2881 285978702
    Explanation of symbols

About the statistics

The information under «About the statistics» was last updated 8 December 2023.

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: Use of capital to cover deficits before net transfers to the Government Pension Fund - Global is financed, distributed by main groups of financial instruments.

Financial instrument: Financial asset or liability with similar characteristics. Deposits, loans and securities are examples of financial objects.

Not relevant

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