World Library  
Flag as Inappropriate
Email this Article

State budget of Norway

Article Id: WHEBN0012040279
Reproduction Date:

Title: State budget of Norway  
Author: World Heritage Encyclopedia
Language: English
Subject: Norway, Norwegian Labour and Welfare Administration, Nordic Women's University, Government Pension Fund of Norway, Regional health authority (Norway)
Publisher: World Heritage Encyclopedia

State budget of Norway

The yellow book, the publication of the state budget.

The State budget of Norway (Norwegian: Statsbudsjettet) is a budget passed by the Norwegian legislature, Storting, each year. It accumulates all income and expenses for the Government of Norway. The document defines the taxes to be collected, and what expenses will be accomplished.

The budget follows a fiscal year of January 1 to December 31. The proposition for the budget is made by the Ministry of Finance in the first week of October. This proposition is named Storting Proposition no. 1 or Yellow Book and is the governments suggestion for a budget. It is then considered by the Standing Committee of Finance.

If there is a majority government, the budget is normally passed without much change. In case of a minority government, which have been more the rule than the exception since the 1970s, the government party(s) must negotiate with enough opposition parties to pass it in the legislature. The responsibility to audit the accounts is at the Office of the Auditor General of Norway.

State budget 2007

All sums in NOK million

Main figures


  • Operating costs: 109,355
  • Investments: 40,334
  • Transfers: 927,708
  • Lending and instalment: 2
  • Total costs: 1,202,683


  • Operating income: 132,970
  • from investments: 16,179
  • Taxes and transfers: 928,248
  • Paybacks: 59,682
  • Total income:1,137,079


  • Operating income
    • From SDEI: 122,300
    • Other: 10,670
    • Subtotal: 132,970
  • Transfer
    • Dividend: 57,042


This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Hawaii eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.