Search

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

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

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

Previous national budgets

2023 The Revised National Budget 2023 The National Budget 2023 2022 The Revised National Budget 2022 Amendment to the 2022 Fiscal Budget Proposal (no English documents) The National Budget 2022 - Chapter 2.1 (pdf) The National Budget 2022 - Chapter

Identification of systemically important institutions

The Ministry of Finance has today decided that DNB ASA, Kommunalbanken AS, Nordea Eiendomskreditt AS and Sparebank 1 SR-Bank ASA shall be identified as systemically important institutions in Norway, as recommended by the Norwegian FSA.

IMF launches report on Anti-Money Laundering in the Nordic-Baltic region

The International Monetary Fund (IMF) has published a report today on various aspects of anti-money laundering work in the Nordic-Baltic region. Norwegian authorities have participated since the project began in 2021.

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.

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

IMF and Norway

The International Monetary Fund (IMF) is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce

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

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

Revised National Budget: Key figures in the Revised National Budget 2023

To secure equal access to information that might be market sensitive, the Ministry of Finance publishes selected key figures prior to launching the Revised National Budget at 10:45 a.m. More detailed forecasts will be published in the Revised Budget.

Norwegian Government plans to meet NATO’s 2 % goal by 2026

Strengthening defence and civil preparedness is one of the Government’s main priorities in the years to come.

Exchange of Information and other Agreements Regarding Muteral Administrative Assistance

The list below contains an overview of Agreements on Exchange of Information in Tax Matters Norway has entered into. In addition to the agreements listed below, all of the Double Tax Treaties Norway has entered into with other countries contain

Treaty withholding tax rates on dividends from Norway

Country Ordinary rates Parent/ subsidiary Parent/subsidiary rate requirements Without tax treaty 25 25 Albania 15 5 25% capital participation Argentina 15 10 25% capital participation Azerbaijan 15 10 30% capital participation and investment of at