Broad Money (Domestic currency) in Norway
Norway: Broad Money (Domestic currency) was 3.19 trillion Domestic currency in 2024. ▲ Rising
Latest (2024)
3.19 trillion Domestic currency
Change on year
up 3.4%
World rank
55th
of 144 countries
All-time high
3.19 trillion Domestic currency
in 2024
All-time low
843.46 billion Domestic currency
in 2001
Years of data
24
2001–2024
Broad Money in Norway, 2001–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
In 2024, broad money in Norway stood at 3.19 trillion Domestic currency. That is the highest value across all 24 years on record.
That represents a change of 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 Domestic currency in 2024 and was at its lowest, 843.46 billion Domestic currency, in 2001.
Norway ranks 55th of 144 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Broad Money (Domestic currency) in Norway, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 843.46 billion Domestic currency | — |
| 2002 | 906.09 billion Domestic currency | +7.4% |
| 2003 | 925.54 billion Domestic currency | +2.1% |
| 2004 | 988.94 billion Domestic currency | +6.8% |
| 2005 | 1.09 trillion Domestic currency | +10.5% |
| 2006 | 1.17 trillion Domestic currency | +6.8% |
| 2007 | 1.38 trillion Domestic currency | +18.1% |
| 2008 | 1.42 trillion Domestic currency | +3.1% |
| 2009 | 1.43 trillion Domestic currency | +0.9% |
| 2010 | 1.53 trillion Domestic currency | +6.5% |
| 2011 | 1.62 trillion Domestic currency | +6.4% |
| 2012 | 1.70 trillion Domestic currency | +4.5% |
| 2013 | 1.81 trillion Domestic currency | +6.7% |
| 2014 | 1.92 trillion Domestic currency | +6.1% |
| 2015 | 1.82 trillion Domestic currency | -5.3% |
| 2016 | 2.02 trillion Domestic currency | +11.2% |
| 2017 | 2.15 trillion Domestic currency | +6.1% |
| 2018 | 2.26 trillion Domestic currency | +5.2% |
| 2019 | 2.35 trillion Domestic currency | +4.0% |
| 2020 | 2.63 trillion Domestic currency | +12.2% |
| 2021 | 2.91 trillion Domestic currency | +10.5% |
| 2022 | 3.07 trillion Domestic currency | +5.5% |
| 2023 | 3.09 trillion Domestic currency | +0.4% |
| 2024 | 3.19 trillion Domestic currency | +3.4% |
Norway compared with similar countries
- Norway's 3.19 trillion Domestic currency is above the median for high income countries, which is 1.83 trillion Domestic currency, 1.7× the median. (33 countries reporting)
- Norway's 3.19 trillion Domestic currency is above the median for Europe & Central Asia, which is 2.48 trillion Domestic currency, 1.3× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.13 trillion Domestic currency | 843.46 billion Domestic currency | 1.43 trillion Domestic currency | 9 |
| 2010s | 1.92 trillion Domestic currency | 1.53 trillion Domestic currency | 2.35 trillion Domestic currency | 10 |
| 2020s | 2.98 trillion Domestic currency | 2.63 trillion Domestic currency | 3.19 trillion Domestic currency | 5 |
Countries ranked near Norway
- 52 Ukraine 4.02 trillion Domestic currency compare
- 53 Australia 3.70 trillion Domestic currency compare
- 54 Dominican Republic 3.26 trillion Domestic currency compare
- 56 Togo 3.16 trillion Domestic currency compare
- 57 Iceland 3.08 trillion Domestic currency compare
- 58 United Arab Emirates 2.75 trillion Domestic currency 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 broad money in Norway?
- Broad money in Norway was 3.19 trillion Domestic currency in 2024, according to International Monetary Fund.
- What is the highest broad money recorded in Norway?
- The highest recorded value was 3.19 trillion Domestic currency in 2024.
- What is the lowest broad money recorded in Norway?
- The lowest recorded value was 843.46 billion Domestic currency in 2001.
- How does Norway rank for broad money?
- Norway ranks 55th out of 144 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 rising.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Broad Money (Domestic currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.