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
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Statistics Norway. (November 17, 2023). Budget expenditure of the central government in Norway in 2024, by main entry (in million NOK) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/744974/budget-expenditure-of-the-central-government-in-norway-by-main-entry/
Statistics Norway. "Budget expenditure of the central government in Norway in 2024, by main entry (in million NOK)." Chart. November 17, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/744974/budget-expenditure-of-the-central-government-in-norway-by-main-entry/
Statistics Norway. (2023). Budget expenditure of the central government in Norway in 2024, by main entry (in million NOK). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/744974/budget-expenditure-of-the-central-government-in-norway-by-main-entry/
Statistics Norway. "Budget Expenditure of The Central Government in Norway in 2024, by Main Entry (in Million Nok)." Statista, Statista Inc., 17 Nov 2023, https://www.statista.com/statistics/744974/budget-expenditure-of-the-central-government-in-norway-by-main-entry/
Statistics Norway, Budget expenditure of the central government in Norway in 2024, by main entry (in million NOK) Statista, https://www.statista.com/statistics/744974/budget-expenditure-of-the-central-government-in-norway-by-main-entry/ (last visited December 03, 2024)
Budget expenditure of the central government in Norway in 2024, by main entry (in million NOK) [Graph], Statistics Norway, November 17, 2023. [Online]. Available: https://www.statista.com/statistics/744974/budget-expenditure-of-the-central-government-in-norway-by-main-entry/
