Norway Yearbook - 2003

Public sector
5 82
Local government. Expenditure, by function in per cent of total expenditure.
2002
Education (30.2%)
Social protection (25.2%)
General public services (14.5%)
Economic affairs (5.6%)
Expenditure not classified by major group (7.8%)
Source:Generai government financial revenun end expenditure, Statistics No'\say More information: httpïAwAussbro/offinnut_en/
583 General government. Financial balance sheet per 31 December. Million kroner
Financial instrument i 997 1998* 1999* 2000* 21171 *
A. Financial assets, total 929 014 988 679 1156193 1 543 025 1 793 096
Notes and coin 123 117 177 177 273
Deposits 155435 117580 128285 194449 171 880
Commercial papers and Treasury bills 3 162 2 572 7248 9 169 8 110
Bonds 152 123 146471 174003 284699 394551
Other loans 278864 302 51] 344134 422436 494 116
Sharesetc 38188 105111 144679 209985 303865
Capital participations 172 655 187 447 211 974 221 190 214 232
Other financial assets 125 132 122838 143835 199253 204402
B. Liabilities, total 452 488 457 553 506 370 652 638 684 478
Commercial papers and Treasury bills 38830 30610 42085 36653 41 494
Bonds 178825 160639 156484 176929 161478
Of which foreign creditors 44 722 39 700 45630 64 533 50 872
Other loans 167667 194784 236409 349221 383390
Of which foreign creditors 1190 11 604 41 338 123 855 119516
Shares
Capital participations 4500 4500 7500 12746 18659
Other liabilities 62 455 66 809 63662 76859 79227
A. - B. Net financial assets 476 526 531 126 649 823 890 387 1 108 618
Specifications
Gross debt, consolidated 305 530 296 360 330 944 441 353 446 024
Per cent of GDP 27,5 26,2 26.8 30.1 30.3
The Maastricht definition
Source: General government financial assets and liabilities. Statistics Norway More information: http'/,sxb no/offogeid_ers/
450 Statistical Yearbook of Norway 2003