The National Budget

This page contain information about Norway's National Budget, presented to the Storting. The National Budget presents the Government's programme for the implementation of economic policy and projections for the Norwegian Economy.

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Illustrasjonsbilde. Foto: Colourbox

Outline of economic developments and fiscal policy

The Ministry of Finance unveils selected key figures prior to the budget release, which takes place at 10:00, to ensure simultaneous access to potentially market sensitive information. A table with more detailed projections will be released together with the budget.

Illustrasjon for Statsbudsjettet 2020

National Budget 2020:

A budget to promote employment and welfare

The Norwegian economy is in its third year of economic expansion. Employment growth is strong and the registered unemployment rate has fallen to levels last seen in 2008. Non-oil business investments are at a 10-year high. These positive developments are expected to continue. Non-oil GDP is projected to increase by 2.7 per cent this year and 2.5 per cent next year.


National Budget 2020:

Meld. St. 1 (2019-2020)

The Norwegian economy is performing well. Unemployment is low, and new jobs are created in both rural and urban areas. This contributes to the sustainability of our welfare society.

Prop. 1 LS (2019 – 2020)

Prop. 1 LS (2019-2020) Taxes 2020

Proposition to the Storting (bill and draft resolution) for the fiscal year 2020


The Budget Department

Phone: +47 22 24 43 03
Address: Postboks 8008 Dep , 0030 Oslo
Visitor address: Akersgata 40, 0030 Oslo

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