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Budgets and Finance

Information on the Nordic Council's and Nordic Council of Ministers' financial conditions and budgets

Nordic co-operation through the Nordic Council and the Nordic Council of Ministers costs about DDK 40 per annum per Nordic citizen.

The Nordic countries contributions to co-operation in the Nordic Council and Nordic Council of Ministers are determined by a funding formula based on the countries' Gross National Product (GNP). In 2010 this gives the following percentages for the different countries:

Denmark: 21.6 %

Finland: 17.4 %

Iceland: 1.2 %

Norway: 28.1 %

Sweden: 31.7 %

Key figures

Nordic Council of Ministers' total budget 2010: MDKK 910,183 (910,183,000 Danish kroner)

Nordic Council's total budget 2010: MDKK 30 (30,000,000 Danish kroner)