Assets, Claims on Nonresidents (OFCS) (Domestic currency) in Norway
Norway: Assets, Claims on Nonresidents (OFCS) (Domestic currency) 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) (Domestic currency) 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% |
Norway compared with similar countries
- Norway's 1.47 trillion is above the median for high income countries, which is 68.90 billion, 21.3× the median. (19 countries reporting)
- Norway's 1.47 trillion is above the median for Europe & Central Asia, which is 14.71 billion, 99.7× the median. (17 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 242.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 176.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 242.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (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.
Download this data
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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.