Norway Yearbook - 2003

Public sector
5 74
GeneraI government. Summary figures. Million kroner and per cent of gross
domestic product (GDP)
19981999 2000 2001 2002*
Million kroner
Final consumption expenditure 247 428 263 733 276 4)8 309 801 332 449
Central government 99423 105438 112327 121 714 175884
Local government 148005 158295 164091 188 087 156 565
Gross fixed capital formation 41 598 42 302 38 948 42 203 42 459
Centralgovernment 18050 16947 1478 14646 18033
Local government 23 548 25355 24230 27 577 24426
Transfers to the private sector 219 018 232 508 244 156 265 836 284 823
Subsidies 33 148 32 516 31 604 34364 37 676
Transfers to households 169 823 182 082 194 931 209 162 225 091
Transfers to non-profit institutions serving households 15657 17204 16729 21179 21 038
Other domestic transfers 390 705 893 1131 1 018
Taxes, total 482 861 129 973 633 655 666418 672 865
Petroleum taxes 17627 31 734 99051 105 021 102 579
Net taxes (taxes - transfers to the private sector) 263 843 297 465 389 499 400 582 388 042
Total expenditure 521 075 552394 591 184 632291 674750
Net lending/borrowing 40376 75033 220 006 208 683 152 614
Gross debt, consolidated 296 360 330944 441 353 446 024
In per cent of gross domestic product (GPO)
Final consumption expenditure 21.9 21.4 18.9 20.3 21.7
Central government 8.8 8.6 7.7 8.0 11.5
Local government 13.1 12.8 11.2 12.3 10.2
Gross fixed capital formation 3.7 3.4 2.7 2.8 2.8
Central government 1.6 1.4 1.0 1.0 1.2
Local government 2.1 2.1 1.7 1.8 1.6
.
Transfers to the private sector 19.3 18.9 16.7 17.4 18.6
Subsidies 2.9 2.6 2.2 2.3 2.5
Transfers to households 15.0 14.8 13.3 13.7 14.7
Transfers to non-profit institutions serving households 1.4 1.4 1.1 1.4 1.4
Other domestic transfers 0.0 0.1 0.1 0.1 0.1
Taxes, total 42.7 43.0 43.3 43.7 43.9
Petroleum taxes 1.6 2.6 6.8 6.9 6.7
Net taxes (taxes - transfers to the private sector) 23.3 24.1 26.6 26.2 25.3
Total expenditure 46.0 44.8 40.4 41.4 44.1
Net lending/borrowing 3.6 6.1 15.0 13.7 10.0
Gross debt, consolidated 26.2 26.8 30.1 30.3
Source: General government financial revenue and expenditure, Statistics Norway. More ¡nformation: http:/Mw.ssb.no/offinnut_en/
444 Statistical Yearbook of Norway 2003