More on this topic

Article IV and FSAP

Under Article IV of the IMF's Articles of Agreement, the IMF visits Norway and holds bilateral discussions every year. A staff team collects economic and financial information, and discusses with officials the Norwegian economic developments and

Norway remains committed to an open, global, and free Internet

Norway is actively engaged in Internet Governance and cooperates closely with other states and actors. The overall vision is that the Internet needs to continue to be an open and free arena where everyone can freely give and receive information and

The Central Government's Outstanding Debt

The Central Government's Outstanding Debt contains tables describing the debt issued by the State of Norway.

A Strong Defence Budget for Demanding Times

The Norwegian Government´s proposal for the 2024 defence budget increases national defence capability and strengthens military readiness at a time of war in Europe. It also follows up Norway’s commitments to NATO and demonstrates solidarity with

Prime Minister congratulates Narges Mohammadi on Nobel Peace Prize

‘On behalf of the Norwegian Government, I would like to congratulate the winner of this year’s Nobel Peace Prize, Narges Mohammadi from Iran. In its announcement, the Norwegian Nobel Committee highlighted Ms Mohammadi’s fight against the oppression

Market Value

Government Pension Fund Norway market value from 1996 to 2023. NOK billion1 1 A major part of the GPFN assets was invested with the Treasury in the form of mandatory deposits until 2005. Folketrygdfondet’s participation in the mandatory deposit

Market Value

Government Pension Fund Global market value from 1996 to 2023. NOK billion GPFG market value development 1996-2023. NOK billion

Market Value

Government Pension Fund market value from 1996 to 2023. NOK billion The accumulation of capital in the GPFG originates by and large from the conversion of oil and gas resources in the North Sea and Norwegian Sea to financial assets abroad. Petroleum

Fund Performance

GPFN annual geometric average return. Measured in Norwegian kroner. Per cent 2023 Last 5 years Last 10 years Since 2007 SPN Portfolio 11,40 8,24 7,82 7,37 Benchmark index 9,94 7,35 6,88 6,38 Excess return (percentage points) 1,47 0,89 0,94 0,99

Fund Performance

GPFG annual geometric average return. Measured in the currency basket. Per cent 2023 Lat 5 years Last 10 years Last 20 years GPFG Portfolio 16,14 8,72 6,71 6,51 Benchmark index 16,32 8,30 6,48 6,27 Excess return (percentage points)1 -0,18 0,42 0,22

Meld. St. 1 (2023-2024) National Budget 2024 - Chapter 2.1

Meld. St. 1 (2023-2024) National Budget 2024 - Chapter 3.1

The National Budget 2024: A budget to safeguard Norwegian households

The budget for 2024 provides security and opportunity for people and businesses throughout Norway. There are expenditure increases in several areas due to war in Europe, a record number of refugees and higher prices. The Government’s priorities are

Prop. 1 LS (2023–2024) - Taxes 2024

Prop. 1 LS (2023–2024) Proposition to the Storting (Bill and Draft Resolution) For the 2024 Budget Year

Meld. St. 1 (2023–2024) - The National Budget 2024

Meld. St. 1 (2023–2024) Report to the Storting (white paper)

Prop. 2 LS (2023–2024) - Resource rent tax on onshore wind power

Government budget 2024: Norway will continue to receive patients from Ukraine

The government has proposed a grant of NOK 200 million in 2024 to support the treatment of patients from Ukraine in Norwegian hospitals. To date, more than 300 patients have arrived in Norway as part of the medevac scheme. Since the start of the war

The National Budget 2024: Key Figures in the National Budget 2024

The Ministry of Finance publishes selected key figures at 8 am, prior to the publication of the budget at 9 am. More detailed projections will be published in the National Budget.

The National Budget 2024: The Government will introduce a resource rent tax on onshore wind power from 2024

The Government is today presenting a modified bill for the introduction of a resource rent tax on onshore wind power from 2024. The proposal will ensure that a larger share of the value added in the wind power industry will accrue to society as a

Petroleum Price Board and the norm prices

The Norwegian Ministry of Energy collects information about sale of crude, natural gas liquids (NGLs) and natural gas from the Norwegian shelf. From 1 July 2011 the companies that submit reports to the Ministry shall report their sales through the