Assets, Claims on Nonresidents (OFCS) in Norway
Norway: Assets, Claims on Nonresidents (OFCS) was 1.47 trillion in 2024. ◆ Volatile
Assets, Claims on Nonresidents (OFCS) in Norway, 2001–2024
Source: International Monetary Fund.
Analysis
Norway recorded 1.47 trillion for assets, claims on nonresidents (ofcs) in 2024. That is the highest value across all 24 years on record.
The figure is up 17.1% on the previous year and up 145.8% over ten years.
Over the whole period, assets, claims on nonresidents (ofcs) in Norway peaked at 1.47 trillion in 2024 and was at its lowest, 0, in 2001.
That places Norway 12th out of 66 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Assets, Claims on Nonresidents (OFCS) in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 0 | — |
| 2002 | 0 | — |
| 2003 | 0 | — |
| 2004 | 0 | — |
| 2005 | 0 | — |
| 2006 | 0 | — |
| 2007 | 0 | — |
| 2008 | 437.15 billion | — |
| 2009 | 448.20 billion | +2.5% |
| 2010 | 463.84 billion | +3.5% |
| 2011 | 471.62 billion | +1.7% |
| 2012 | 466.53 billion | -1.1% |
| 2013 | 521.61 billion | +11.8% |
| 2014 | 596.54 billion | +14.4% |
| 2015 | 675.73 billion | +13.3% |
| 2016 | 703.46 billion | +4.1% |
| 2017 | 751.96 billion | +6.9% |
| 2018 | 770.53 billion | +2.5% |
| 2019 | 853.48 billion | +10.8% |
| 2020 | 962.90 billion | +12.8% |
| 2021 | 1.11 trillion | +15.4% |
| 2022 | 1.12 trillion | +0.3% |
| 2023 | 1.25 trillion | +12.2% |
| 2024 | 1.47 trillion | +17.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.37 billion | 0 | 448.20 billion | 9 |
| 2010s | 627.53 billion | 463.84 billion | 853.48 billion | 10 |
| 2020s | 1.18 trillion | 962.90 billion | 1.47 trillion | 5 |
Countries ranked near Norway
- 9 Argentina 4.18 trillion compare
- 10 Thailand 3.14 trillion compare
- 11 Costa Rica 2.56 trillion compare
- 13 Uzbekistan 1.02 trillion compare
- 14 Philippines 1.02 trillion compare
- 15 Israel 706.12 billion compare
More financial sector data for Norway
- Net domestic credit (current LCU), per capita 1.08 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 12.01 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 3.18 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 55.94 billion SDR (2025)
- Reserves excluding gold 62.43 billion SDR (2025)
- Total reserves (gold at market value) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 11,126 SDR per person (2025)
Frequently asked questions
- What is assets, claims on nonresidents (ofcs) in Norway?
- Assets, claims on nonresidents (ofcs) in Norway was 1.47 trillion in 2024, according to International Monetary Fund.
- What is the highest assets, claims on nonresidents (ofcs) recorded in Norway?
- The highest recorded value was 1.47 trillion in 2024.
- What is the lowest assets, claims on nonresidents (ofcs) recorded in Norway?
- The lowest recorded value was 0 in 2001.
- How does Norway rank for assets, claims on nonresidents (ofcs)?
- Norway ranks 12th out of 66 countries with data for 2024.
- Is assets, claims on nonresidents (ofcs) rising or falling in Norway?
- Over the last ten years it is up 145.8%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Assets, Claims on Nonresidents (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.