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 | ||||