Liquid liabilities to GDP (%) in Norway
Norway: Liquid liabilities to GDP (%) was 68.3% in 2021. ▲ Rising
Liquid liabilities to GDP in Norway, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, liquid liabilities to gdp in Norway stood at 68.3%.
The figure is down 9.1% on the previous year and up 25.5% over ten years.
Over the whole period, liquid liabilities to gdp in Norway peaked at 75.1% in 2020 and was at its lowest, 47.6%, in 2001.
Norway ranks 88th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Liquid liabilities to GDP (%) in Norway, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 51.2% | — |
| 1961 | 49.5% | -3.3% |
| 1962 | 49.1% | -0.8% |
| 1963 | 48.9% | -0.4% |
| 1964 | 47.9% | -2.0% |
| 1965 | 47.8% | -0.2% |
| 1966 | 48.1% | +0.5% |
| 1967 | 48.2% | +0.4% |
| 1968 | 50.7% | +5.0% |
| 1969 | 51.4% | +1.4% |
| 1970 | 51.0% | -0.7% |
| 1971 | 51.4% | +0.8% |
| 1972 | 52.1% | +1.3% |
| 1973 | 52.0% | -0.1% |
| 1974 | 49.9% | -4.0% |
| 1975 | 50.4% | +0.9% |
| 1976 | 47.8% | -5.1% |
| 1977 | 49.8% | +4.1% |
| 1978 | 50.1% | +0.6% |
| 1979 | 51.7% | +3.2% |
| 1980 | 48.3% | -6.5% |
| 1981 | 47.8% | -1.1% |
| 1982 | 47.9% | +0.2% |
| 1983 | 47.7% | -0.4% |
| 1984 | 50.5% | +5.8% |
| 1985 | 52.2% | +3.5% |
| 1986 | 51.9% | -0.7% |
| 1987 | 56.7% | +9.2% |
| 1988 | 56.8% | +0.3% |
| 1989 | 57.9% | +1.8% |
| 1990 | 57.7% | -0.3% |
| 1991 | 56.4% | -2.3% |
| 1992 | 59.4% | +5.4% |
| 1993 | 56.1% | -5.6% |
| 1994 | 56.2% | +0.1% |
| 1995 | 54.3% | -3.3% |
| 1996 | 53.0% | -2.4% |
| 1997 | 49.7% | -6.3% |
| 1998 | 56.3% | +13.3% |
| 1999 | 52.7% | -6.5% |
| 2000 | 48.0% | -8.8% |
| 2001 | 47.6% | -1.0% |
| 2002 | 51.6% | +8.5% |
| 2003 | 51.6% | -0.0% |
| 2004 | 50.5% | -2.1% |
| 2005 | 50.4% | -0.2% |
| 2006 | 49.6% | -1.6% |
| 2007 | 53.3% | +7.6% |
| 2008 | 50.5% | -5.2% |
| 2009 | 55.2% | +9.2% |
| 2010 | 55.0% | -0.4% |
| 2011 | 54.4% | -1.0% |
| 2012 | 52.9% | -2.7% |
| 2013 | 54.7% | +3.3% |
| 2014 | 57.3% | +4.7% |
| 2015 | 60.4% | +5.5% |
| 2016 | 64.4% | +6.6% |
| 2017 | 64.0% | -0.6% |
| 2018 | 61.7% | -3.6% |
| 2019 | 64.2% | +4.0% |
| 2020 | 75.1% | +17.0% |
| 2021 | 68.3% | -9.1% |
Norway compared with similar countries
- Norway's 68.3% is below the median for high income countries, which is 96.0%, 71% of the median. (61 countries reporting)
- Norway's 68.3% is below the median for Europe & Central Asia, which is 75.1%, 91% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 49.3% | 47.8% | 51.4% | 10 |
| 1970s | 50.6% | 47.8% | 52.1% | 10 |
| 1980s | 51.8% | 47.7% | 57.9% | 10 |
| 1990s | 55.2% | 49.7% | 59.4% | 10 |
| 2000s | 50.8% | 47.6% | 55.2% | 10 |
| 2010s | 58.9% | 52.9% | 64.4% | 10 |
| 2020s | 71.7% | 68.3% | 75.1% | 2 |
Countries ranked near Norway
- 85 South Africa 69.9% compare
- 86 Micronesia (country) 69.9% compare
- 87 Tunisia 69.8% compare
- 89 Türkiye 66.2% compare
- 90 Bosnia and Herzegovina 65.7% compare
- 91 Myanmar 64.9% 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 liquid liabilities to gdp in Norway?
- Liquid liabilities to gdp in Norway was 68.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Norway?
- The highest recorded value was 75.1% in 2020.
- What is the lowest liquid liabilities to gdp recorded in Norway?
- The lowest recorded value was 47.6% in 2001.
- How does Norway rank for liquid liabilities to gdp?
- Norway ranks 88th out of 186 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in Norway?
- Over the last ten years it is up 25.5%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.