NORWAY GOVERNMENT NET LENDING AND BORROWING


THE GOVERNMENT NET LENDING AND BORROWING IN NORWAY WAS REPORTED AT 232.87 BILLIONS NORWEGIAN KRONE IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). NET LENDING (+)/ BORROWING (-) IS CALCULATED AS REVENUE MINUS TOTAL EXPENDITURE. THIS IS A CORE GFS BALANCE THAT MEASURES THE EXTENT TO WHICH GENERAL GOVERNMENT IS EITHER PUTTING FINANCIAL RESOURCES AT THE DISPOSAL OF OTHER SECTORS IN THE ECONOMY AND NONRESIDENTS (NET LENDING); OR UTILIZING THE FINANCIAL RESOURCES GENERATED BY OTHER SECTORS AND NONRESIDENTS (NET BORROWING). THIS BALANCE MAY BE VIEWED AS AN INDICATOR OF THE FINANCIAL IMPACT OF GENERAL GOVERNMENT ACTIVITY ON THE REST OF THE ECONOMY AND NONRESIDENTS (GFSM 2001; PARAGRAPH 4.17). NOTE: NET LENDING (+)/BORROWING (?) IS ALSO EQUAL TO NET ACQUISITION OF FINANCIAL ASSETS MINUS NET INCURRENCE OF LIABILITIES. IN 2009, NORWAY'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 0.37 PERCENT. IN 2015, NORWAY'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 0.32 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR NORWAY'S GOVERNMENT NET LENDING AND BORROWING.



 norway government net lending and borrowing imf data
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IMF Data Specifications


CountryNorway
Subject DescriptorGeneral government net lending/borrowing
Subject NotesNet lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending); or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001; paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.
UnitsNorwegian Krone
ScaleBillions
Country/Series-specific NotesSource: National Statistical Office and Ministry of Finance Latest actual data: 2009 Fiscal period reported: January/December GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government; State Government; Local Government; Social Security Funds
Estimates Start After2009
TitleNorway Government Net Lending and Borrowing
KeywordsNorway Government Net Lending and Borrowing, Norway Government Net Lending and Borrowing data,Norway Government Net Lending and Borrowing chart,Norway Government Net Lending and Borrowing historical data,Norway Government Net Lending and Borrowing graph,Norway Government Net Lending and Borrowing forecast.