Norway - Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Norway was 64.97 as of 2019. Its highest value over the past 39 years was 73.46 in 1991, while its lowest value was 11.55 in 1989.

Definition: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.

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

See also:

Year Value
1980 16.27
1981 14.37
1982 13.87
1983 13.11
1984 12.58
1985 12.93
1986 12.69
1987 13.61
1988 14.22
1989 11.55
1990 72.64
1991 73.46
1992 73.17
1993 72.62
1994 72.32
1995 69.78
1996 69.34
1997 69.87
1998 70.45
1999 70.58
2000 69.87
2001 70.08
2002 64.91
2003 64.36
2004 64.02
2005 63.49
2006 61.45
2007 61.38
2008 62.37
2009 64.41
2010 65.46
2011 66.09
2012 66.56
2013 66.68
2014 66.22
2015 66.18
2016 66.26
2017 65.98
2018 65.24
2019 64.97

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