Treasury finances January-December 2003. Report date: February 6, 2004
Treasury finances, January-December
(In millions of krónur)
|
1999 |
2000
2001
2002
2003
Revenue...............................…………........
194,993
207,561
220,854
233,762
259,783
- Asset sales
-6,360
-88
-1,106
-3,252
-10,177
Expenditure......................…………............
177,964
195,411
221,305
246,810
268,714
Cash from operations..............................
10,667
12,062
-1,557
-16,300
-19,108
Financial transactions..............................
15,764
3,988
-24,157
12,166
30,951
Net financial balance
26,431
16,050
-25,714
-4,133
11,843
Debt redemption
-35,013
-34,544
-22,407
-32,298
-30,702
Domestic
-18,214
-21,010
-7,603
-12,217,
-18,252
Foreign
-16,799
-13,534
-14,804
-20,081
-12,450
Pension fund prepayments
-6,000
-7,000
-12,500
-9,000
-7,500
Gross borrowing requirement
-14,582
-25,494
-60,620
-45,431
-26,359
New borrowing
14,321
25,296
61,445
42,914
24,749
Domestic
-1,373
3,563
3,563
12,361
28,334
Foreign
15,694
21,733
48,695
30,553
-3,584
Overall cash balance
-261
-198
825
-2,518
-1,610
Treasury finances, January-December
(In millions of krónur)
|
|
Change from previous year in per cent | ||||||||
|
2001 |
2002 |
2003 |
2000 |
2001 |
2002 |
2003 | |||
|
Total tax revenue......................... |
203,252 |
212,049 |
230,539 |
10.9 |
5.3 |
4.3 |
8.7 | ||
|
Taxes on income and profit........ |
64,215 |
67,057 |
75,266 |
17.2 |
14.1 |
4.4 |
12.2 | ||
|
Personal income tax................. |
50,065 |
52,635 |
55,847 |
15.8 |
16.7 |
5.1 |
6.1 | ||
|
Corporate income tax |
8,655 |
6,788 |
10,083 |
-1.4 |
4.8 |
-21.6 |
48.5 | ||
|
Other taxes on income and profit |
5,495 |
7,634 |
9,336 |
95.7 |
7.2 |
38.9 |
22.3 | ||
|
Social Security taxes................... |
20,965 |
22,431 |
25,190 |
11.2 |
9.8 |
7.0 |
12.3 | ||
|
Net wealth taxes.......................... |
10,703 |
11,037 |
8,676 |
18.1 |
9.0 |
3.1 |
-21.4 | ||
|
Taxes on goods and services |
106,752 |
110,815 |
120,865 |
7.2 |
-1.0 |
3.8 |
9.1 | ||
|
Value added tax |
69,932 |
73,645 |
80,266 |
9.0 |
1.3 |
5.3 |
9.0 | ||
|
Other indirect taxes |
36,820 |
37,169 |
40,602 |
4.1 |
-5.0 |
0.9 |
9.2 | ||
|
Of which: |
|||||||||
|
Excise tax on motor vehicles
|
2,994 |
2,864 |
4,422 |
-12.1 |
-40.4 |
-4.3 |
54.4 | ||
|
Excise tax on petrol,,,,,,,,,,,, |
7,427 |
7,381 |
7,464 |
5.6 |
-1.7 |
-0.6 |
1.1 | ||
|
Diesel weight tax,,,,,,,,,,,,,,,, |
4,811 |
4,722 |
4,957 |
15.4 |
5.8 |
-1.8 |
5.0 | ||
|
Tobacco and liquor taxes,,,, |
8,792 |
8,827 |
9,892 |
6.9 |
-1.5 |
0.4 |
12.1 | ||
|
Other indirect taxes,,,,,,,,,,,,,, |
12,796 |
13,371 |
13,866 |
5.3 |
0.8 |
4.5 |
3.7 | ||
|
Other taxes,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, |
617 |
709 |
542 |
6.0 |
0 |
14.9 |
-23.6 | ||
|
Other revenue,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, |
17,601 |
21,713 |
29,245 |
-29.0 |
21.4 |
23.4 |
34.7 | ||
|
Total revenue,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, |
220,853 |
233,762 |
259,783 |
7.0 |
6.4 |
5.8 |
11.1 | ||
Treasury finances, January- December
(In millions of krónur)
|
Change from previous year in per cent | |||||||||||
2001
2002
2003
2000
2001
2002
2003
Administration,,,,,,,,,,,,,,,,,,,,,,,,,,,
24,119
27,119
27,672
14.9
3.3
12.4
2.0
General administration,,,,,,,,,,,,,
13,244
14,941
15,093
16.6
2.5
12.9
1.0
Justice and law enforcement,,,,,
10,875
12,178
12,579
13.0
4.2
12.0
3.3
Social affairs,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
136,029
154,233
172,132
7.1
15.2
13.4
11.6
Of which: Education and culture…
29,220
32,588
35,314
5.4
19.3
11.5
8.4
Health,,,,,,,,,,,,,,,,,,,,,,,,……
56,453
64,965
71,490
9.1
9.6
15.1
10.0
Social security……,,,,,,,,,,,,
42,125
47,566
55,121
4.3
20.7
12.9
15.9
Economic affairs,,,,,,,,,,,,,,,,,,,,,,,,,
34,342
36,451
40,947
4.4
15.2
6.1
12.3
Of which: Agriculture,,,,,,,,,,,,,……
10,441
11,033
11,605
2.1
19.3
5.7
5.2
Communications,,,,,,,…
15,169
16,078
18,161
9.3
14.2
6.0
13.0
Interest expenditure,,,,,,,,,,,,,,,,,,,
16,817
17,789
14,949
44.4
4.3
5.8
-16.0
Other expenditure,,,,,,,,,,,,,,,,,,,,,
10,006
11,218
13,015
4.9
24.3
12.1
16.0
Total expenditure,,,,,,,,,,,,,,,,,,,,,,,
221,305
246,810
268,714
9.8
13.3
11.5
8.9