Norway - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in Norway was 47.58 as of 2019. Its highest value over the past 47 years was 51.19 in 2008, while its lowest value was 31.22 in 1975.

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, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 31.47
1973 31.79
1974 31.36
1975 31.22
1976 32.55
1977 33.11
1978 33.46
1979 34.16
1980 36.63
1981 38.32
1982 37.86
1983 39.03
1984 38.14
1985 39.59
1986 42.03
1987 40.21
1988 40.18
1989 39.19
1990 40.91
1991 40.46
1992 39.10
1993 38.15
1994 38.87
1995 41.50
1996 42.65
1997 42.33
1998 41.03
1999 42.02
2000 47.44
2001 46.50
2002 46.90
2003 45.94
2004 47.22
2005 48.46
2006 50.74
2007 50.29
2008 51.19
2009 47.55
2010 47.13
2011 48.90
2012 48.49
2013 46.33
2014 45.90
2015 45.56
2016 45.37
2017 45.47
2018 46.81
2019 47.58

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: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance