Outstanding domestic private debt securities to GDP (%) in Norway
Norway: Outstanding domestic private debt securities to GDP (%) was 47.1% in 2020. ▲ Rising
Outstanding domestic private debt securities to GDP in Norway, 1995–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
Norway recorded 47.1% for outstanding domestic private debt securities to gdp in 2020. That is the highest value across all 26 years on record.
That represents a change of up 28.4% on the previous year and up 33.9% over ten years.
Over the whole period, outstanding domestic private debt securities to gdp in Norway peaked at 47.1% in 2020 and was at its lowest, 19.0%, in 2008.
That places Norway 11th out of 26 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Outstanding domestic private debt securities to GDP (%) in Norway, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 24.3% | — |
| 1996 | 23.9% | -1.5% |
| 1997 | 24.3% | +1.4% |
| 1998 | 25.7% | +6.1% |
| 1999 | 23.0% | -10.7% |
| 2000 | 20.3% | -11.8% |
| 2001 | 21.1% | +4.2% |
| 2002 | 28.5% | +34.6% |
| 2003 | 25.7% | -9.7% |
| 2004 | 26.4% | +2.9% |
| 2005 | 21.9% | -17.0% |
| 2006 | 23.8% | +8.5% |
| 2007 | 25.5% | +7.3% |
| 2008 | 19.0% | -25.8% |
| 2009 | 37.8% | +99.7% |
| 2010 | 35.2% | -7.0% |
| 2011 | 32.8% | -6.7% |
| 2012 | 37.1% | +12.9% |
| 2013 | 34.9% | -6.0% |
| 2014 | 29.5% | -15.5% |
| 2015 | 31.8% | +8.0% |
| 2016 | 36.1% | +13.5% |
| 2017 | 37.3% | +3.2% |
| 2018 | 33.6% | -9.8% |
| 2019 | 36.7% | +9.1% |
| 2020 | 47.1% | +28.4% |
Norway compared with similar countries
- Norway's 47.1% is below the median for high income countries, which is 64.4%, 73% of the median. (13 countries reporting)
- Norway's 47.1% is above the median for Europe & Central Asia, which is 44.8%, 1.1× the median. (9 countries reporting)
Biggest year-on-year movements
Years where Outstanding domestic private debt securities 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 |
|---|---|---|---|
| 2009 | +99.7% | 19.0% | 37.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.3% | 23.0% | 25.7% | 5 |
| 2000s | 25.0% | 19.0% | 37.8% | 10 |
| 2010s | 34.5% | 29.5% | 37.3% | 10 |
| 2020s | 47.1% | 47.1% | 47.1% | 1 |
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 outstanding domestic private debt securities to gdp in Norway?
- Outstanding domestic private debt securities to gdp in Norway was 47.1% in 2020, according to Bank for International Settlements (BIS).
- What is the highest outstanding domestic private debt securities to gdp recorded in Norway?
- The highest recorded value was 47.1% in 2020.
- What is the lowest outstanding domestic private debt securities to gdp recorded in Norway?
- The lowest recorded value was 19.0% in 2008.
- How does Norway rank for outstanding domestic private debt securities to gdp?
- Norway ranks 11th out of 26 countries with data for 2020.
- Is outstanding domestic private debt securities to gdp rising or falling in Norway?
- Over the last ten years it is up 33.9%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Outstanding domestic private debt securities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Total amount of domestic private debt securities (amounts outstanding) issued in domestic markets as a share of GDP. It covers data on long-term bonds and notes, commercial paper and other short-term notes. Table 16A (domestic debt amount): all issuers minus governments / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level domestic private debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators. End-of period CPI is taken from IFS line 64M..ZF month of December (or if not available Q4). Average annual CPI is constructed from the monthly CPI figure taken from IFS line 64..ZF.