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Country or Region: Norway › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Norway indicators, › See General Government Structural Balance (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Norwegian Krone
Currency Symbol: NOK

Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude. Source: National Statistical Office and Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;State Government;Local Government;Social Security Funds; Valuation of public debt: Current market value Primary domestic currency: Norwegian kroner Data last updated: 03/2011

General Government Structural Balance (National Currency) for Norway is NOK -127.963 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for Norway was NOK -111.10 Billion General Government Structural Balance (National Currency) for Norway in 2010 was or will be 15.18% more than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for Norway was or will be NOK -131.33 Billion, which is 2.63% more than the 2010 figure.