Norway General Government Structural Balance (National Currency) Statistics

14, Oct 2019, EDT.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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: 2014 Fiscal assumptions: Fiscal projections are based on the authorities? 2015 revised budget and 2016 budget proposal submitted to the parliament. Structural and cyclically adjusted balances are based on non oil balance. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Accrual General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Current market value Primary domestic currency: Norwegian krone Data last updated: 03/2016

General Government Structural Balance (National Currency) Statistics for Norway , Year 2015 - In Detail

General Government Structural Balance (National Currency) for Norway is NOK -165.919 Billion. 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.

In the previous year, 2014, General Government Structural Balance (National Currency) for Norway was NOK -146.70 Billion General Government Structural Balance (National Currency) for Norway in 2015 was or will be 13.10% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Norway was or will be NOK -191.03 Billion, which is 15.13% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (National Currency) for Norway, in other Years
Year Billion
  2021 -248.291
  2020 -238.037
  2019 -227.969
  2018 -218.809
  2017 -207.121
  2016 -191.026
2015 -165.919
  2014 -146.695
  2013 -124.54
  2012 -114.084
  2011 -98.02
  2010 -107.266
  2009 -100.499
  2008 -61.086
  2007 -51.219
  2006 -49.326
  2005 -52.29
  2004 -49.468
  2003 -44.867
  2002 -37.761
  2001 -21.561
  2000 -19.077
  1999 -37.159
  1998 -42.832
  1997 -28.497
  1996 -31.401
  1995 -39.095
  1994 -51.893
  1993 -58.376
  1992 -60.797
  1991 -53.734
  1990 -39.163
  1989 -31.443
  1988 -17.95
  1987 -12.458
  1986 -10.336
  1985 -14.362
  1984 -16.361
  1983 -15.842
  1982 -13.172
  1981 -9.849
  1980 -7.059