Iceland vs Norway: Official Reserve Assets and Other Foreign Currency Assets
Official Reserve Assets and Other Foreign Currency Assets over time
- Iceland
- Norway
How they compare
Norway currently reports 30.85 million against 4.47 million in Iceland, a difference of 26.38 million.
That makes Norway's figure about 6.9 times Iceland's.
The two have swapped places 6 times across 26 shared years of data; in 2000 it was Norway ahead.
Iceland ranks 70th and Norway ranks 67th of 88 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Norway in 2.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 342.87 million | 984.00 million | 641.13 million | Norway |
| 2010s | 342.68 million | 39.60 million | 303.08 million | Iceland |
| 2020s | 8.36 million | 24.72 million | 16.36 million | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official reserve assets and other foreign currency assets, Iceland or Norway?
- Norway, at 30.85 million against 4.47 million in Iceland as of 2025.
- What is the difference in official reserve assets and other foreign currency assets between Iceland and Norway?
- 26.38 million, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 26 years are reported by both, from 2000 to 2025.
- How do Iceland and Norway rank globally for official reserve assets and other foreign currency assets?
- Iceland ranks 70th and Norway ranks 67th of 88 countries.
- Where does this data come from?
- International Monetary Fund, published as Official Reserve Assets and Other Foreign Currency Assets (approximate market value), Official reserve currency and deposits, banks and other financial institutions outside reporting country (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Mon. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.