Nonbank financial institutions’ assets to GDP (%) in Norway
Norway: Nonbank financial institutions’ assets to GDP (%) was 29.6% in 2021. ▲ Rising
Nonbank financial institutions’ assets to GDP in Norway, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Norway recorded 29.6% for nonbank financial institutions’ assets to gdp in 2021.
That represents a change of down 13.1% on the previous year and up 18.0% over ten years.
Over the whole period, nonbank financial institutions’ assets to gdp in Norway peaked at 34.1% in 2020 and was at its lowest, 11.3%, in 2000.
Norway ranks 15th of 84 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 62 years of available data.
Nonbank financial institutions’ assets to GDP (%) in Norway, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 17.9% | — |
| 1961 | 17.9% | -0.2% |
| 1962 | 17.9% | +0.3% |
| 1963 | 18.2% | +1.5% |
| 1964 | 18.0% | -1.2% |
| 1965 | 17.8% | -1.2% |
| 1966 | 17.6% | -0.6% |
| 1967 | 17.7% | +0.2% |
| 1968 | 18.4% | +4.1% |
| 1969 | 19.9% | +8.2% |
| 1970 | 19.8% | -0.7% |
| 1971 | 20.5% | +3.6% |
| 1972 | 21.7% | +5.7% |
| 1973 | 21.9% | +1.3% |
| 1974 | 21.4% | -2.3% |
| 1975 | 22.1% | +3.0% |
| 1976 | 23.2% | +4.8% |
| 1977 | 23.7% | +2.3% |
| 1978 | 26.2% | +10.4% |
| 1979 | 28.4% | +8.3% |
| 1980 | 27.0% | -4.7% |
| 1981 | 25.9% | -4.3% |
| 1982 | 23.2% | -10.3% |
| 1983 | 22.2% | -4.1% |
| 1984 | 21.4% | -3.8% |
| 1985 | 20.3% | -5.0% |
| 1986 | 20.9% | +2.9% |
| 1987 | 20.6% | -1.6% |
| 1988 | 21.1% | +2.8% |
| 1989 | 21.2% | +0.2% |
| 1990 | 21.3% | +0.3% |
| 1991 | 21.7% | +2.3% |
| 1992 | 22.5% | +3.4% |
| 1993 | 21.0% | -6.4% |
| 1994 | 19.5% | -7.3% |
| 1995 | 18.2% | -6.7% |
| 1996 | 16.5% | -9.5% |
| 1997 | 15.2% | -7.6% |
| 1998 | 15.8% | +3.6% |
| 1999 | 15.2% | -3.4% |
| 2000 | 11.3% | -25.8% |
| 2001 | 17.1% | +51.3% |
| 2002 | 17.5% | +2.2% |
| 2003 | 18.8% | +7.6% |
| 2004 | 16.5% | -12.4% |
| 2005 | 15.0% | -9.2% |
| 2006 | 13.6% | -9.4% |
| 2007 | 12.2% | -10.3% |
| 2008 | 24.8% | +104.1% |
| 2009 | 26.9% | +8.6% |
| 2010 | 25.8% | -4.2% |
| 2011 | 25.1% | -2.8% |
| 2012 | 25.3% | +0.8% |
| 2013 | 26.1% | +3.1% |
| 2014 | 26.2% | +0.6% |
| 2015 | 28.3% | +8.0% |
| 2016 | 30.6% | +8.0% |
| 2017 | 30.2% | -1.3% |
| 2018 | 29.2% | -3.5% |
| 2019 | 30.6% | +4.8% |
| 2020 | 34.1% | +11.5% |
| 2021 | 29.6% | -13.1% |
Norway compared with similar countries
- Norway's 29.6% is above the median for high income countries, which is 16.7%, 1.8× the median. (24 countries reporting)
- Norway's 29.6% is above the median for Europe & Central Asia, which is 9.1%, 3.2× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Nonbank financial institutions’ assets to GDP (%) 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 |
|---|---|---|---|
| 2008 | +104.1% | 12.2% | 24.8% |
| 2001 | +51.3% | 11.3% | 17.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.1% | 17.6% | 19.9% | 10 |
| 1970s | 22.9% | 19.8% | 28.4% | 10 |
| 1980s | 22.4% | 20.3% | 27.0% | 10 |
| 1990s | 18.7% | 15.2% | 22.5% | 10 |
| 2000s | 17.4% | 11.3% | 26.9% | 10 |
| 2010s | 27.7% | 25.1% | 30.6% | 10 |
| 2020s | 31.8% | 29.6% | 34.1% | 2 |
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 nonbank financial institutions’ assets to gdp in Norway?
- Nonbank financial institutions’ assets to gdp in Norway was 29.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest nonbank financial institutions’ assets to gdp recorded in Norway?
- The highest recorded value was 34.1% in 2020.
- What is the lowest nonbank financial institutions’ assets to gdp recorded in Norway?
- The lowest recorded value was 11.3% in 2000.
- How does Norway rank for nonbank financial institutions’ assets to gdp?
- Norway ranks 15th out of 84 countries with data for 2021.
- Is nonbank financial institutions’ assets to gdp rising or falling in Norway?
- Over the last ten years it is up 18.0%. 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 Nonbank financial institutions’ assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, 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. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); 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).