Predetermined short-term net drains on foreign currency assets in Norway
Norway: Predetermined short-term net drains on foreign currency assets was 0 in 2024. ◆ Volatile
Predetermined short-term net drains on foreign currency assets in Norway, 2000–2024
Source: International Monetary Fund.
Analysis
Norway recorded 0 for predetermined short-term net drains on foreign currency assets in 2024. That is the highest value across all 23 years on record.
Over the whole period, predetermined short-term net drains on foreign currency assets in Norway peaked at 0 in 2000 and was at its lowest, -12.12 billion, in 2008.
That places Norway 1st out of 85 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.54 billion | -12.12 billion | 0 | 10 |
| 2010s | -398.10 million | -3.09 billion | 0 | 8 |
| 2020s | 0 | 0 | 0 | 5 |
Countries ranked near Norway
- 1 Belgium 0 compare
- 1 Bulgaria 0 compare
- 1 Switzerland 0 compare
- 1 Cyprus 0 compare
- 1 Estonia, Republic of 0 compare
- 1 European Central Bank (ECB) 0 compare
- 1 Finland 0 compare
- 1 Greece 0 compare
- 1 Croatia, Republic of 0 compare
- 1 Ireland 0 compare
- 1 Korea 0 compare
- 1 Latvia, Republic of 0 compare
- 1 Netherlands 0 compare
- 1 Portugal 0 compare
- 1 Russian Federation 0 compare
- 1 Slovak Republic 0 compare
- 1 Slovenia 0 compare
- 1 Sweden 0 compare
- 1 South Africa 0 compare
More financial sector data for Norway
- Domestic credit to private sector by banks 105.9% (2024)
- Total reserves in months of imports 4.37 (2025)
- Net domestic credit 6.02 trillion current LCU (2024)
- Net foreign assets -717.63 billion current LCU (2024)
- Monetary Sector credit to private sector 106.0% (2024)
- Broad money 59.3% (2024)
- Claims on central government, etc. -15.0% (2024)
- Domestic credit to private sector 124.4% (2024)
- Official exchange rate 10.4 LCU per US$, period average (2025)
- Net migration 29,798 (2025)
Frequently asked questions
- What is predetermined short-term net drains on foreign currency assets in Norway?
- Predetermined short-term net drains on foreign currency assets in Norway was 0 in 2024, according to International Monetary Fund.
- What is the highest predetermined short-term net drains on foreign currency assets recorded in Norway?
- The highest recorded value was 0 in 2000.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Norway?
- The lowest recorded value was -12.12 billion in 2008.
- How does Norway rank for predetermined short-term net drains on foreign currency assets?
- Norway ranks 1st out of 85 countries with data for 2024.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Predetermined short-term net drains on foreign currency assets (nominal value), Foreign currency loans, securities and deposits, principal, Up to 1 month, Outflows (reserves template) (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary A. Statizoid updates them automatically from the source API.
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About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.