Published by Jul 4, 2024
The total budget expenditure of the central government in Norway was set to 1,88 trillion Norwegian kroner for 2024. The state's operating costs were estimated to be 246 billion Norwegian kroner, with wages and salaries to individuals working for the state set to 117 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 a single parent. The state planned to spend about 650 billion Norwegian kroner on this kind of welfare for its citizens in 2024. More information on Norway's budgeted revenue can be found here.
Budget expenditure of the central government in Norway in 2024, by main entry (in million NOK)
| Characteristic | Expenditure in million NOK |
|---|---|
| Total expenditure | 1,882,631 |
| Operating costs | 245,903 |
| Wages and salaries | 116,655 |
| Goods and services | 79,640 |
| Other operating expenses | 49,855 |
| Operating deficit central government enterprises | -247 |
| Total fixed capital formation | 87,355 |
| Construction etc. extraction of petroleum | 26,000 |
| Construction etc. other central government enterprises | 8,281 |
| Other fixed capital formation | 53,074 |
| Total transfers | 1,549,373 |
| Transfers to other state accounts | 78,580 |
| Transfers to municipalities and county authorities | 324,815 |
| Pensions benefits etc. National Insurance Scheme | 650,581 |
| Interest expenditure | 12,454 |
| Other transfers | 482,943 |
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