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Budget revenue of the central government in Norway 2021, by main entry

How much income was the Norwegian government expecting in 2021? The total budget revenue of the central government in Norway for 2021 had a value of roughly 1,242 billion Norwegian kroner. The expected surplus extraction from the state petroleum operations alone amounted to approximately 72 billion Norwegian kroner, whereas other depreciations and revenues from the state's petroleum operations were set to another 25 billion Norwegian kroner. Petroleum activities did not amount to the biggest part of the Norwegian government budget, though. Considering the income due to different kinds of transfers (combined amounting to 1,122 billion Norwegian kroner), the biggest budgetary item was income from tax revenues, set at 699 billion Norwegian kroner for 2021. Given these high numbers, how did the Norwegian government plan to use the high revenues? You can see the Norwegian government's budgeted expenditures for 2021 here.

Budget revenue of the central government in Norway in 2021, by main entry

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Source

Release date

March 2021

Region

Norway

Survey time period

2021

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