Norway - Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Norway was 25.23 as of 2019. Its highest value over the past 47 years was 46.34 in 1972, while its lowest value was 21.28 in 2008.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

See also:

Year Value
1972 46.34
1973 44.03
1974 42.42
1975 43.72
1976 44.35
1977 46.33
1978 44.51
1979 42.18
1980 39.34
1981 37.95
1982 37.75
1983 37.16
1984 37.31
1985 38.81
1986 39.42
1987 41.03
1988 37.62
1989 35.70
1990 33.68
1991 33.87
1992 36.86
1993 37.79
1994 38.46
1995 35.62
1996 34.35
1997 34.57
1998 36.68
1999 34.83
2000 27.52
2001 27.80
2002 27.91
2003 27.68
2004 26.37
2005 24.72
2006 23.41
2007 24.23
2008 21.28
2009 24.55
2010 24.93
2011 23.16
2012 22.85
2013 24.07
2014 24.64
2015 25.95
2016 27.39
2017 26.86
2018 25.23
2019 25.23

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance