Norway - Revenue, excluding grants (current LCU)

The value for Revenue, excluding grants (current LCU) in Norway was 1,695,590,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 1,695,590,000,000 in 2019 and a minimum value of 35,989,000,000 in 1972.

Definition: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 35,989,000,000
1973 41,302,000,000
1974 47,162,000,000
1975 53,647,000,000
1976 63,842,000,000
1977 73,155,000,000
1978 81,596,000,000
1979 91,919,000,000
1980 116,575,000,000
1981 139,877,000,000
1982 153,089,000,000
1983 175,489,000,000
1984 193,162,000,000
1985 222,641,000,000
1986 244,556,000,000
1987 255,282,000,000
1988 266,805,000,000
1989 277,700,000,000
1990 306,775,000,000
1991 319,672,000,000
1992 317,892,000,000
1993 326,295,000,000
1994 348,730,000,000
1995 399,699,000,000
1996 449,768,000,000
1997 483,109,000,000
1998 477,247,000,000
1999 531,899,000,000
2000 715,017,000,000
2001 727,416,000,000
2002 732,165,000,000
2003 744,438,000,000
2004 841,874,000,000
2005 964,404,000,000
2006 1,124,450,000,000
2007 1,181,950,000,000
2008 1,334,640,000,000
2009 1,154,620,000,000
2010 1,221,410,000,000
2011 1,365,610,000,000
2012 1,437,270,000,000
2013 1,422,930,000,000
2014 1,441,540,000,000
2015 1,417,440,000,000
2016 1,405,520,000,000
2017 1,498,430,000,000
2018 1,663,430,000,000
2019 1,695,590,000,000

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance