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Key figures
-58 321
million NOK deficit before net transfers from the Government Pension Fund Global in 2020Q3
3rd quarter 2019 | 3rd quarter 2020 | Change in per cent | |
---|---|---|---|
A. TOTAL REVENUE | 314 098 | 302 533 | -3.7 |
Operating surplus extraction of petroleum | 19 317 | 10 542 | -45.4 |
Tax revenue | 157 806 | 152 359 | -3.5 |
Members' and employers' contribution to the National Insurance Scheme | 111 307 | 106 948 | -3.9 |
Interest and dividends | 11 457 | 12 678 | 10.7 |
Other revenue | 14 211 | 20 006 | 40.8 |
B. TOTAL EXPENDITURE | 322 556 | 360 854 | 11.9 |
Operating costs | 39 168 | 41 125 | 5.0 |
Total fixed capital formation | 17 296 | 17 765 | 2.7 |
Total transfers | 266 092 | 301 964 | 13.5 |
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL | -8 458 | -58 321 |
See selected tables from this statistics
Table 1
Central government fiscal account. Revenue and expenditure by type. Quarterly figures. NOK Million.
3rd quarter 2019 | 4th quarter 2019 | 1st quarter 2020 | 2nd quarter 2020 | 3rd quarter 2020 | |
---|---|---|---|---|---|
1The quarterly figures are subjected to chance variations and are not revised. They should be interpreted with caution. | |||||
A. TOTAL REVENUE | 314 098 | 354 820 | 361 447 | 297 964 | 302 533 |
Sales revenue | 6 805 | 9 733 | 6 221 | 6 071 | 12 433 |
Operating surplus extraction of petroleum | 19 317 | 19 777 | 26 118 | 8 311 | 10 542 |
Depreciation etc. extraction of petroleum | 5 102 | 5 838 | 5 739 | 4 973 | 5 752 |
Depreciation etc. other central government enterprises | 368 | 1 834 | 460 | 407 | 419 |
Other revenue from fixed capital formation | 126 | 236 | 121 | 94 | 103 |
Total transfers | 282 380 | 317 402 | 322 788 | 278 108 | 273 284 |
Tax revenue | 157 806 | 239 905 | 179 643 | 218 227 | 152 359 |
Members' contributions National Insurance Scheme | 45 958 | 28 719 | 44 469 | 29 324 | 48 782 |
Employers' contributions National Insurance Scheme | 65 349 | 33 788 | 65 405 | 12 111 | 58 166 |
Interest and dividends | 11 457 | 13 392 | 9 320 | 16 484 | 12 678 |
Transfers from other state accounts | 0 | 43 | -4 | 0 | 0 |
Transfers from municipalities and county authorities | 366 | 386 | 355 | 369 | 327 |
Transfers from the central bank | 0 | 0 | 19 706 | 0 | 0 |
Other transfers | 1 444 | 1 169 | 3 894 | 1 593 | 972 |
B. TOTAL EXPENDITURE | 322 556 | 348 430 | 383 877 | 412 222 | 360 854 |
Operating costs | 39 168 | 54 608 | 41 297 | 45 868 | 41 125 |
Wages and salaries | 20 763 | 22 804 | 22 773 | 25 263 | 21 307 |
Goods and services | 12 041 | 20 430 | 13 452 | 13 487 | 12 680 |
Other operating expenses | 6 863 | 10 089 | 5 523 | 8 034 | 7 716 |
Operating deficit central government enterprises | -499 | 1 285 | -451 | -916 | -578 |
Total fixed capital formation | 17 296 | 24 497 | 15 356 | 19 904 | 17 765 |
Construction etc. extraction of petroleum | 6 707 | 7 522 | 7 222 | 7 005 | 6 383 |
Construction etc. other central government enterprises | 1 093 | 1 073 | 854 | 1 067 | 845 |
Other fixed capital formation | 9 496 | 15 902 | 7 280 | 11 832 | 10 537 |
Total transfers | 266 092 | 269 325 | 327 224 | 346 450 | 301 964 |
Transfers to other state accounts | 18 388 | 5 038 | 27 796 | 31 602 | 22 321 |
Transfers to municipalities and county authorities | 56 105 | 52 688 | 65 459 | 77 327 | 64 516 |
Pensions benefits etc. National Insurance Scheme | 118 778 | 124 990 | 119 245 | 140 500 | 131 727 |
Interest expenditure | 127 | 2 159 | 3 064 | 4 126 | 1 072 |
Other transfers | 72 694 | 84 450 | 111 660 | 92 895 | 82 328 |
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL | -8 458 | 6 390 | -22 430 | -114 258 | -58 321 |
D. NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL | -5 200 | 12 058 | -62 470 | -107 458 | -105 000 |
E=C-D. SURPLUS BEFORE FINANCIAL TRANSACTIONS | -3 258 | -5 668 | 40 040 | -6 800 | 46 679 |
F. LENDING MINUS REPAYMENTS | -3 686 | 2 203 | 61 676 | 3 570 | -17 771 |
G. DEBT INSTALMENTS | 0 | 0 | 0 | 0 | 5 915 |
H=F+G-E. TOTAL FINANCING INCLUDING DEBT INSTALMENTS | -428 | 7 871 | 21 636 | 10 370 | -58 535 |
Table 2
Central government fiscal account. Revenue and expenditure by type. Annual figures. NOK Million.
Account | Budget | ||||
---|---|---|---|---|---|
2017 | 2018 | 2019 | 2020 | 2021 | |
A. TOTAL REVENUE | 1 225 888 | 1 350 592 | 1 407 407 | 1 446 478 | 1 242 129 |
Sales revenue | 19 278 | 23 714 | 25 603 | 25 874 | 19 802 |
Operating surplus extraction of petroleum | 86 620 | 114 510 | 97 376 | 87 200 | 71 700 |
Depreciation etc. extraction of petroleum | 24 648 | 23 636 | 22 674 | 22 900 | 24 900 |
Depreciation etc. other central government enterprises | 2 820 | 2 970 | 3 097 | 2 785 | 1 666 |
Other revenue from fixed capital formation | 928 | 1 063 | 600 | 667 | 2 029 |
Total transfers | 1 091 594 | 1 184 699 | 1 258 057 | 1 307 052 | 1 122 032 |
Tax revenue | 701 234 | 776 326 | 828 508 | 865 580 | 698 673 |
Members' contributions National Insurance Scheme | 137 747 | 144 130 | 148 508 | 156 500 | 155 130 |
Employers' contributions National Insurance Scheme | 175 773 | 183 272 | 194 253 | 202 600 | 203 000 |
Interest and dividends | 41 375 | 57 496 | 62 298 | 59 174 | 36 874 |
Transfers from other state accounts | 190 | 71 | 65 | 102 | 25 |
Transfers from municipalities and county authorities | 1 373 | 1 452 | 1 470 | 1 486 | 1 532 |
Other transfers | 16 176 | 7 619 | 8 157 | 7 710 | 8 198 |
B. TOTAL EXPENDITURE | 1 280 866 | 1 318 145 | 1 378 116 | 1 442 610 | 1 514 823 |
Operating costs | 166 838 | 172 236 | 178 493 | 185 897 | 202 671 |
Wages and salaries | 82 773 | 85 021 | 90 783 | 93 379 | 100 170 |
Goods and services | 52 282 | 54 953 | 58 710 | 61 349 | 64 714 |
Other operating expenses | 31 959 | 32 690 | 29 335 | 31 846 | 39 130 |
Operating deficit central government enterprises | -176 | -428 | -335 | -677 | -1 343 |
Total fixed capital formation | 69 878 | 68 590 | 73 999 | 75 443 | 71 068 |
Construction etc. extraction of petroleum | 26 564 | 22 555 | 26 331 | 28 000 | 23 800 |
Construction etc. other central government enterprises | 3 228 | 4 474 | 4 636 | 3 173 | 4 090 |
Other fixed capital formation | 40 086 | 41 561 | 43 032 | 44 270 | 43 178 |
Total transfers | 1 044 150 | 1 077 319 | 1 125 624 | 1 181 270 | 1 241 084 |
Transfers to other state accounts | 57 971 | 60 624 | 63 824 | 64 802 | 68 004 |
Transfers to municipalities and county authorities | 232 778 | 237 589 | 243 338 | 252 251 | 253 539 |
Pensions benefits etc. National Insurance Scheme | 449 831 | 460 219 | 477 454 | 497 650 | 522 982 |
Interest expenditure | 8 833 | 10 636 | 9 796 | 10 016 | 10 161 |
Other transfers | 294 737 | 308 251 | 331 212 | 356 551 | 386 398 |
C. SURPLUS BEFORE NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL | -54 978 | 32 447 | 29 291 | 3 868 | -272 694 |
D. NET TRANSFERS TO THE GOVERNMENT PENSION FUND - GLOBAL | -63 547 | 25 445 | 28 350 | 3 867 | -272 693 |
E=C-D. SURPLUS BEFORE FINANCIAL TRANSACTIONS | 8 569 | 7 002 | 941 | 1 | -1 |
F. LENDING MINUS REPAYMENTS | -7 503 | -100 019 | 8 036 | 10 113 | 9 793 |
G. DEBT INSTALMENTS | 50 959 | 43 899 | 64 101 | 0 | 88 000 |
H=F+G-E. TOTAL FINANCING INCLUDING DEBT INSTALMENTS | 34 887 | -63 122 | 71 196 | 10 112 | 97 794 |
Table 3
Net government cash flow from petroleum activities. Quarterly figures. NOK million
3rd quarter 2019 | 4th quarter 2019 | 1st quarter 2020 | 2nd quarter 2020 | 3rd quarter 2020 | |
---|---|---|---|---|---|
Taxes on the extraction of petroleum | 22 639 | 48 214 | 16 286 | 32 304 | -9 494 |
Environmental taxes and area fees | 181 | 4 116 | -65 | 2 658 | 92 |
Net cash flow from SDFI | 18 406 | 18 783 | 25 252 | 6 901 | 10 539 |
Equinor dividend | 5 222 | 5 313 | 5 411 | 6 089 | 1 747 |
Net government cash flow from petroleum activities | 46 449 | 76 426 | 46 884 | 47 952 | 2 884 |
Table 4
Net government cash flow from petroleum activities. Annual figures. NOK million
2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Taxes on the extraction of petroleum | 41 093 | 65 049 | 110 313 | 133 501 |
Environmental taxes and area fees | 6 513 | 6 128 | 6 973 | 6 878 |
Net cash flow from SDFI | 66 455 | 88 272 | 118 687 | 96 479 |
Equinor dividend | 10 717 | 8 398 | 14 984 | 20 057 |
Net government cash flow from petroleum activities | 124 779 | 167 847 | 250 959 | 256 915 |
See all figures from this statistics
10486: Central government revenue and expenditure. Annual figures (NOK million)
11012: Net cash flow from petroleum activities. Annual figures (NOK million)
03730: Central government revenue and expenditure. Quarterly figures (NOK million)
11013: Net cash flow from petroleum activities. Quarterly figures (NOK million)
07107: Some principal revenue items. Monthly figures (NOK million)
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.
Definitions
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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.).
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Not relevant.
Administrative information
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Name: Central government revenue and expenditure
Topic: Public sector
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Division for Public Finance
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National level only.
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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.
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Not relevant.
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The micro data are stored in the SAS database.
Background
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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.
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The statistics are processed for use in the National Accounts. Other important users are the Ministry of Finance, the IMF and mass media.
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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.
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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.
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The Statistics Act, § 2-2
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Not relevant.
Production
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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.
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The central government's fiscal account is an administrative register collected from the Ministry of Finance.
Not relevant.
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Not relevant.
This mostly consists of checking that the accounts balance (i.e. that expenditures equal the sum of revenues and net financial transactions).
Not relevant.
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Not relevant
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Not relevant.
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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.
Accuracy and reliability
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Errors may occur while aggregating main item, programme area and financial instrument.
Not relevant.
Variance: Not relevant
Bias: Not relevant
Non-response: Not relevant
Register errors: Probably few.
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Not relevant
Analyses, articles and publications

Definitions in government finance statistics
Published 6 January 2016Read this articleContact
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Christopher Okazaki Hansen
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Eivind Andreas Sirnæs Egge