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Market Value

Government Pension Fund market value from 1996 to 2024Q2. 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.

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

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

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

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

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

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 Advisory Panel on Fiscal Policy Analysis

The Advisory Panel on Fiscal Policy Analysis (formerly the Ministry of Finance’s Advisory Panel on Macroeconomic Models and Methods) provides professional advice on the Ministry of Finance’s work on macroeconomic issues and fiscal sustainability.

The IMF's Article IV consultation for 2023 has been completed

On 8 June, the IMF's delegation to Norway presented its yearly assessment of the Norwegian economy and Norwegian economic policy to the government.  The full report has now been concluded by the IMF Executive Board.

Adherence of the Government Pension Fund Norway (GPFN) to the Santiago principles

The Ministry of Finance has recently conducted an update of the self-assessments of the Government Pension Fund’s adherence to the Santiago Principles, cf. separate reviews of the GPFG and the GPFN, respectively. This self-assessment documents the

Adherence of the Government Pension Fund Global (GPFG) to the Santiago principles

The Ministry of Finance has recently conducted an update of the self-assessments of the Government Pension Fund’s adherence to the Santiago Principles, cf. separate reviews of the GPFG and the GPFN, respectively. This self-assessment documents the

Meld. St. 26 (2022–2023) - A changing climate – united for a climate-resilient society

Meld. St. 26 (2022–2023) Report to the Storting (white paper)

IMF: Favourable growth prospects, solid fundamentals and policy management

The International Monetary Fund (IMF) today presented its yearly assessment of the Norwegian economy and Norwegian economic policy. An IMF delegation has spent the last week meeting Norwegian authorities, academic and financial institutions and

Revised National Budget: Additional round-the-clock care places

To ensure good and safe health and care services for the elderly, the Government proposes to increase the grant limit for round-the-clock care facilities by NOK 2 billion. The Government also proposes to expand the Tørn programme under the Norwegian

Revised National Budget: More funding for low-threshold measures in mental health and substance abuse care

In its proposal for the revised 2023 National Budget, the Norwegian Government will allocate NOK 53 million to strengthen four grant schemes for low-threshold measures in the area of mental health and substance abuse care.

Revised National Budget: Hospitals will receive larger budgets

The Norwegian Government proposes a permanent budget increase for hospitals, in addition to extraordinary price and wage adjustments in the hospital budgets. This amounts to a total of NOK 4.7 billion.

Revised National Budget: A responsible budget that provides security for people throughout Norway

In the revised budget, the government will prioritise crucial public services such as healthcare, the police and refugees. Providers of public services and benefit recipients will receive compensation for wage growth and inflation. The government

Prop. 112 S (2022–2023) - The municipal proposition 2024 – chapter 4

4 The General Purpose Grant Scheme for the county authorities

In the municipal proposition, the Norwegian government presents its policy for the municipal sector. The new General Purpose Grant Scheme for county authorities was presented in Proposition 112 S (2022-2023) and has been translated.

Revised National Budget: Postponed implementation of resource rent tax on onshore wind power

The Government wants a larger share of the value which is created from the country’s common natural resources to benefit local communities, municipalities and society as a whole. The Government notified its intention to propose a resource rent tax