Norway Total Government Net Lending/ Borrowing (National Currency) Statistics

22, Nov 2019, EST.

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Country or Region: Norway › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Norway indicators, › See Total Government Net Lending/ Borrowing (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

Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. 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

Total Government Net Lending/ Borrowing (National Currency) Statistics for Norway , Year 2015 - In Detail

Total Government Net Lending/ Borrowing (National Currency) for Norway is NOK 170.857 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

In the previous year, 2014, Total Government Net Lending/ Borrowing (National Currency) for Norway was NOK 266.37 Billions Total Government Net Lending/ Borrowing (National Currency) for Norway in 2015 was or will be 35.86% less than it was or will be in 2014.

In the following or forecasted year, 2016, Total Government Net Lending/ Borrowing (National Currency) for Norway was or will be NOK 172.10 Billions, which is 0.73% more than the 2015 figure.

* Source: IMF
Total Government Net Lending/ Borrowing (National Currency) for Norway, in other Years
Year Billions
  2021 247.03
  2020 243.529
  2019 235.732
  2018 206.393
  2017 172.378
  2016 172.102
2015 170.857
  2014 266.371
  2013 322.497
  2012 401.6
  2011 368.31
  2010 282.545
  2009 250.871
  2008 480.898
  2007 399.116
  2006 399.484
  2005 295.611
  2004 194.131
  2003 116.236
  2002 140.893
  2001 208.656
  2000 229.26
  1999 73.112
  1998 36.062
  1997 84.751
  1996 64.005
  1995 28.833
  1994 0.417
  1993 -14.145
  1992 -16.912
  1991 -0.91
  1990 14.828
  1989 11.131
  1988 15.921
  1987 27.149
  1986 32.46
  1985 53.764
  1984 34.12
  1983 26.036
  1982 15.114
  1981 16.818
  1980 16.524