Broad money in Norway
Norway: Broad money was 3.19 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
3.19 trillion current LCU
Change on year
up 3.4%
World rank
63rd
of 167 countries
All-time high
3.19 trillion current LCU
in 2024
All-time low
19.27 billion current LCU
in 1960
Years of data
65
1960–2024
Broad money in Norway, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, broad money in Norway stood at 3.19 trillion current LCU. That is the highest value across all 65 years on record.
The figure is up 3.4% on the previous year and up 66.1% over ten years.
Over the whole period, broad money in Norway peaked at 3.19 trillion current LCU in 2024 and was at its lowest, 19.27 billion current LCU, in 1960.
Norway ranks 63rd of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 19.27 billion current LCU | — |
| 1961 | 20.32 billion current LCU | +5.5% |
| 1962 | 21.71 billion current LCU | +6.8% |
| 1963 | 23.20 billion current LCU | +6.9% |
| 1964 | 25.00 billion current LCU | +7.7% |
| 1965 | 27.53 billion current LCU | +10.1% |
| 1966 | 29.85 billion current LCU | +8.4% |
| 1967 | 32.78 billion current LCU | +9.8% |
| 1968 | 36.77 billion current LCU | +12.1% |
| 1969 | 40.60 billion current LCU | +10.4% |
| 1970 | 46.70 billion current LCU | +15.0% |
| 1971 | 52.93 billion current LCU | +13.3% |
| 1972 | 59.56 billion current LCU | +12.5% |
| 1973 | 67.62 billion current LCU | +13.5% |
| 1974 | 75.10 billion current LCU | +11.1% |
| 1975 | 86.60 billion current LCU | +15.3% |
| 1976 | 93.76 billion current LCU | +8.3% |
| 1977 | 109.95 billion current LCU | +17.3% |
| 1978 | 122.14 billion current LCU | +11.1% |
| 1979 | 138.99 billion current LCU | +13.8% |
| 1980 | 153.71 billion current LCU | +10.6% |
| 1981 | 174.30 billion current LCU | +13.4% |
| 1982 | 193.55 billion current LCU | +11.0% |
| 1983 | 214.48 billion current LCU | +10.8% |
| 1984 | 255.56 billion current LCU | +19.2% |
| 1985 | 293.84 billion current LCU | +15.0% |
| 1986 | 301.94 billion current LCU | +2.8% |
| 1987 | 359.87 billion current LCU | +19.2% |
| 1988 | 377.52 billion current LCU | +4.9% |
| 1989 | 410.03 billion current LCU | +8.6% |
| 1990 | 432.78 billion current LCU | +5.5% |
| 1991 | 445.48 billion current LCU | +2.9% |
| 1992 | 483.35 billion current LCU | +8.5% |
| 1993 | 480.11 billion current LCU | -0.7% |
| 1994 | 504.23 billion current LCU | +5.0% |
| 1995 | 523.29 billion current LCU | +3.8% |
| 1996 | 559.45 billion current LCU | +6.9% |
| 1997 | 567.52 billion current LCU | +1.4% |
| 1998 | 655.32 billion current LCU | +15.5% |
| 1999 | 666.46 billion current LCU | +1.7% |
| 2000 | 724.20 billion current LCU | +8.7% |
| 2001 | 843.46 billion current LCU | +16.5% |
| 2002 | 906.09 billion current LCU | +7.4% |
| 2003 | 925.54 billion current LCU | +2.1% |
| 2004 | 988.94 billion current LCU | +6.8% |
| 2005 | 1.09 trillion current LCU | +10.5% |
| 2006 | 1.17 trillion current LCU | +6.8% |
| 2007 | 1.38 trillion current LCU | +18.1% |
| 2008 | 1.42 trillion current LCU | +3.1% |
| 2009 | 1.43 trillion current LCU | +0.9% |
| 2010 | 1.53 trillion current LCU | +6.5% |
| 2011 | 1.62 trillion current LCU | +6.4% |
| 2012 | 1.70 trillion current LCU | +4.5% |
| 2013 | 1.81 trillion current LCU | +6.7% |
| 2014 | 1.92 trillion current LCU | +6.1% |
| 2015 | 1.82 trillion current LCU | -5.3% |
| 2016 | 2.02 trillion current LCU | +11.2% |
| 2017 | 2.15 trillion current LCU | +6.1% |
| 2018 | 2.26 trillion current LCU | +5.2% |
| 2019 | 2.35 trillion current LCU | +4.0% |
| 2020 | 2.63 trillion current LCU | +12.2% |
| 2021 | 2.91 trillion current LCU | +10.5% |
| 2022 | 3.07 trillion current LCU | +5.5% |
| 2023 | 3.09 trillion current LCU | +0.4% |
| 2024 | 3.19 trillion current LCU | +3.4% |
Norway compared with similar countries
- Norway's 3.19 trillion current LCU is above the median for high income countries, which is 1.81 trillion current LCU, 1.8× the median. (41 countries reporting)
- Norway's 3.19 trillion current LCU is above the median for Europe & Central Asia, which is 1.83 trillion current LCU, 1.7× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 27.70 billion current LCU | 19.27 billion current LCU | 40.60 billion current LCU | 10 |
| 1970s | 85.33 billion current LCU | 46.70 billion current LCU | 138.99 billion current LCU | 10 |
| 1980s | 273.48 billion current LCU | 153.71 billion current LCU | 410.03 billion current LCU | 10 |
| 1990s | 531.80 billion current LCU | 432.78 billion current LCU | 666.46 billion current LCU | 10 |
| 2000s | 1.09 trillion current LCU | 724.20 billion current LCU | 1.43 trillion current LCU | 10 |
| 2010s | 1.92 trillion current LCU | 1.53 trillion current LCU | 2.35 trillion current LCU | 10 |
| 2020s | 2.98 trillion current LCU | 2.63 trillion current LCU | 3.19 trillion current LCU | 5 |
Countries ranked near Norway
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 broad money in Norway?
- Broad money in Norway was 3.19 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Norway?
- The highest recorded value was 3.19 trillion current LCU in 2024.
- What is the lowest broad money recorded in Norway?
- The lowest recorded value was 19.27 billion current LCU in 1960.
- How does Norway rank for broad money?
- Norway ranks 63rd out of 167 countries with data for 2024.
- Is broad money rising or falling in Norway?
- Over the last ten years it is up 66.1%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.