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The oil and gas industries play a dominant role in the Norwegian economy, providing a source of finance for the Norwegian welfare state through direct ownership of oil fields, dividends from its shares in Equinor, and licensure fees and taxes. The oil and gas industry is Norway's largest in terms of government revenue and value-added.
In Norway, most public sector employees worked within local government as of 2023, with a total of 574,498 employees, while the central government employed 328,959 individuals. [ 17 ] In terms of salaries, the central government sector in Norway offered the highest average monthly pay in 2022, with men earning 61,370 Norwegian kroner and women ...
During the German occupation of Norway during World War II there were four cabinets, that ruled as part of Josef Terbovens administration of Norway. These Governments were the de facto ruling body of Norway during the war, though the Cabinet Nygaardsvold still held the de jure office, in exile in London, United Kingdom.
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The Norwegian economy is an example of a mixed economy; a prosperous capitalist welfare state, it features a combination of free market activity and large state ownership in certain key sectors, influenced by both liberal governments from the late 19th century and later by social democratic governments in the postwar era.
Electronic Chart Centre: makes electronic maritime charts; Entra Eiendom: manages the commercial portfolio of government real estate; Flytoget: operates the Airport Express Train between Oslo and Oslo Airport, Gardermoen; Innovation Norway (Innovasjon Norge): provides help and funding for start-up companies
Central government Local government Regional government In total; Individual taxpayers: 218.5 115.9 22.2 356.7 Tax on ordinary income 104.5 107.4 22.2 234.2 Surtax 19.0 - - 19.0 Employee's and self-employed's social security contributions 90.2 - - 90.2 Tax on net wealth 4.8 8.5 - 13.3 Businesses (whose taxes are payable the year after the ...
The Standing Committee on Finance and Economic Affairs (Norwegian: Finanskomiteen) is a standing committee of the Parliament of Norway.It is responsible for policies relating to economic policy, monetary and credit policy, the financial and credit system, financial administration, block grants to municipalities and counties, taxes and duties to the State Treasury, state guarantees for exports ...