Denmark vs Norway: Memorandum items, Currency composition of reserves, Denominated in

Denmark
110.25 billion
in 2025
Norway
85.54 billion
in 2025
Denmark rank
24th
Norway rank
27th

Memorandum items, Currency composition of reserves, Denominated in over time

  • Denmark
  • Norway
20.0B40.0B60.0B80.0B100.0B120.0B199920122025

How they compare

Denmark currently reports 110.25 billion against 85.54 billion in Norway, a difference of 24.71 billion.

That makes Denmark's figure about 1.3 times Norway's.

The two have swapped places 3 times across 20 shared years of data; in 2006 it was Norway ahead.

Denmark ranks 24th and Norway ranks 27th of 86 countries.

Across the 3 decades both report, Denmark averaged higher in 2 and Norway in 1.

Head to head by decade

Decade Denmark Norway Difference Ahead
2000s 46.09 billion 54.37 billion 8.28 billion Norway
2010s 75.95 billion 59.05 billion 16.90 billion Denmark
2020s 90.34 billion 79.87 billion 10.47 billion Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher memorandum items, currency composition of reserves, denominated in, Denmark or Norway?
Denmark, at 110.25 billion against 85.54 billion in Norway as of 2025.
What is the difference in memorandum items, currency composition of reserves, denominated in between Denmark and Norway?
24.71 billion, with Denmark ahead.
How many years of comparable data are there for Denmark and Norway?
20 years are reported by both, from 2006 to 2025.
How do Denmark and Norway rank globally for memorandum items, currency composition of reserves, denominated in?
Denmark ranks 24th and Norway ranks 27th of 86 countries.
Where does this data come from?
International Monetary Fund, published as Memorandum items, Currency composition of reserves, Denominated in Group of currencies (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government excluding Social Security). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Norway: Memorandum items, Currency composition of reserves, Denominated in. Statizoid, drawing on International Monetary Fund. Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/memorandum-items-currency-composition-of-reserves-denominated-in-group-of-currencies/denmark/norway/

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About this data

Indicator
Memorandum items, Currency composition of reserves, Denominated in Group of currencies (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government excluding Social Security)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
88 places, 1,790 data points, 1999–2025
Last refreshed

The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.