Net foreign assets in Norway
Norway: Net foreign assets was -717.63 billion current LCU in 2024. ◆ Volatile
Latest (2024)
-717.63 billion current LCU
Change on year
up 12.3%
World rank
182nd
of 187 countries
All-time high
123.43 billion current LCU
in 1995
All-time low
-1.11 trillion current LCU
in 2019
Years of data
65
1960–2024
Net foreign assets in Norway, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net foreign assets in Norway is -717.63 billion current LCU, measured in 2024.
The figure is up 12.3% on the previous year and up 20.9% over ten years.
Over the whole period, net foreign assets in Norway peaked at 123.43 billion current LCU in 1995 and was at its lowest, -1.11 trillion current LCU, in 2019.
Norway ranks 182nd of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 2.22 billion current LCU | — |
| 1961 | 1.71 billion current LCU | -23.0% |
| 1962 | 1.54 billion current LCU | -9.9% |
| 1963 | 1.93 billion current LCU | +25.3% |
| 1964 | 2.20 billion current LCU | +14.0% |
| 1965 | 3.33 billion current LCU | +51.4% |
| 1966 | 3.40 billion current LCU | +2.1% |
| 1967 | 4.57 billion current LCU | +34.4% |
| 1968 | 5.59 billion current LCU | +22.3% |
| 1969 | 5.21 billion current LCU | -6.8% |
| 1970 | 6.38 billion current LCU | +22.5% |
| 1971 | 7.12 billion current LCU | +11.6% |
| 1972 | 8.29 billion current LCU | +16.4% |
| 1973 | 8.67 billion current LCU | +4.6% |
| 1974 | 9.21 billion current LCU | +6.2% |
| 1975 | 12.01 billion current LCU | +30.4% |
| 1976 | 10.13 billion current LCU | -15.7% |
| 1977 | 9.44 billion current LCU | -6.9% |
| 1978 | 13.49 billion current LCU | +42.9% |
| 1979 | 16.84 billion current LCU | +24.9% |
| 1980 | 19.34 billion current LCU | +14.8% |
| 1981 | 26.31 billion current LCU | +36.0% |
| 1982 | 35.60 billion current LCU | +35.3% |
| 1983 | 35.42 billion current LCU | -0.5% |
| 1984 | 60.54 billion current LCU | +70.9% |
| 1985 | 63.87 billion current LCU | +5.5% |
| 1986 | 42.72 billion current LCU | -33.1% |
| 1987 | 16.26 billion current LCU | -61.9% |
| 1988 | 1.64 billion current LCU | -89.9% |
| 1989 | -3.24 billion current LCU | -297.9% |
| 1990 | 4.48 billion current LCU | -238.4% |
| 1991 | 32.67 billion current LCU | +629.5% |
| 1992 | 78.72 billion current LCU | +140.9% |
| 1993 | 121.41 billion current LCU | +54.2% |
| 1994 | 122.15 billion current LCU | +0.6% |
| 1995 | 123.43 billion current LCU | +1.0% |
| 1996 | 106.52 billion current LCU | -13.7% |
| 1997 | 54.04 billion current LCU | -49.3% |
| 1998 | 12.82 billion current LCU | -76.3% |
| 1999 | 31.42 billion current LCU | +145.1% |
| 2000 | 39.11 billion current LCU | +24.5% |
| 2001 | -156.51 billion current LCU | -500.2% |
| 2002 | -173.54 billion current LCU | +10.9% |
| 2003 | -209.66 billion current LCU | +20.8% |
| 2004 | -274.67 billion current LCU | +31.0% |
| 2005 | -341.38 billion current LCU | +24.3% |
| 2006 | -430.34 billion current LCU | +26.1% |
| 2007 | -582.98 billion current LCU | +35.5% |
| 2008 | -884.32 billion current LCU | +51.7% |
| 2009 | -841.83 billion current LCU | -4.8% |
| 2010 | -840.94 billion current LCU | -0.1% |
| 2011 | -859.27 billion current LCU | +2.2% |
| 2012 | -900.92 billion current LCU | +4.8% |
| 2013 | -934.43 billion current LCU | +3.7% |
| 2014 | -906.94 billion current LCU | -2.9% |
| 2015 | -948.88 billion current LCU | +4.6% |
| 2016 | -864.79 billion current LCU | -8.9% |
| 2017 | -969.31 billion current LCU | +12.1% |
| 2018 | -1.08 trillion current LCU | +11.6% |
| 2019 | -1.11 trillion current LCU | +2.3% |
| 2020 | -878.11 billion current LCU | -20.7% |
| 2021 | -672.91 billion current LCU | -23.4% |
| 2022 | -832.82 billion current LCU | +23.8% |
| 2023 | -818.19 billion current LCU | -1.8% |
| 2024 | -717.63 billion current LCU | -12.3% |
Norway compared with similar countries
- Norway's -717.63 billion current LCU is below the median for high income countries, which is 113.77 billion current LCU. (61 countries reporting)
- Norway's -717.63 billion current LCU is below the median for Europe & Central Asia, which is 228.65 billion current LCU. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +629.5% | 4.48 billion current LCU | 32.67 billion current LCU |
| 2001 | -500.2% | 39.11 billion current LCU | -156.51 billion current LCU |
| 1989 | -297.9% | 1.64 billion current LCU | -3.24 billion current LCU |
| 1990 | +238.4% | -3.24 billion current LCU | 4.48 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.17 billion current LCU | 1.54 billion current LCU | 5.59 billion current LCU | 10 |
| 1970s | 10.16 billion current LCU | 6.38 billion current LCU | 16.84 billion current LCU | 10 |
| 1980s | 29.85 billion current LCU | -3.24 billion current LCU | 63.87 billion current LCU | 10 |
| 1990s | 68.77 billion current LCU | 4.48 billion current LCU | 123.43 billion current LCU | 10 |
| 2000s | -385.61 billion current LCU | -884.32 billion current LCU | 39.11 billion current LCU | 10 |
| 2010s | -941.45 billion current LCU | -1.11 trillion current LCU | -840.94 billion current LCU | 10 |
| 2020s | -783.93 billion current LCU | -878.11 billion current LCU | -672.91 billion 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 net foreign assets in Norway?
- Net foreign assets in Norway was -717.63 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Norway?
- The highest recorded value was 123.43 billion current LCU in 1995.
- What is the lowest net foreign assets recorded in Norway?
- The lowest recorded value was -1.11 trillion current LCU in 2019.
- How does Norway rank for net foreign assets?
- Norway ranks 182nd out of 187 countries with data for 2024.
- Is net foreign assets rising or falling in Norway?
- Over the last ten years it is up 20.9%. 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 Net foreign assets (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
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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.