Budget expenditure of the central government in Norway 2020, by main entry

How much money was the Norwegian government planning to spend in 2020? The total budget expenditure of the central government in Norway was set to 1,443 billion Norwegian kroner in 2020. The state's operating costs were estimated to be 186 billion Norwegian kroner, whereas wages and salaries to individuals working for the state were set to 93 billion Norwegian kroner. The largest budgetary item, however, was the payment of pension benefits and other national social insurance payments, paid to citizens for instance due to sickness, injuries, pregnancy, giving birth, unemployment, retirement, or due to being a single parent. The state planned to spend about 498 billion Norwegian kroner on these kinds of welfare for its citizens in 2019. Given these large numbers, how did the Norwegian government plan to pay for this? You can find Norway's budgeted revenue for 2020 here.

Budget expenditure of the central government in Norway in 2020, by main entry

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Source

Release date

March 2020

Region

Norway

Survey time period

2020

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