Total factoring volume to GDP in Norway
Norway: Total factoring volume to GDP was 8.5% in 2020. β² Rising
Total factoring volume to GDP in Norway, 2007β2020
Source: Factors Chain International. Measured in %.
Analysis
Norway recorded 8.5% for total factoring volume to gdp in 2020. That is the highest value across all 14 years on record.
The figure is up 16.6% on the previous year and up 83.6% over ten years.
Over the whole period, total factoring volume to gdp in Norway peaked at 8.5% in 2020 and was at its lowest, 4.2%, in 2014.
That places Norway 18th out of 72 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 4.8% | 5.8% | 3 |
| 2010s | 5.5% | 4.2% | 7.3% | 10 |
| 2020s | 8.5% | 8.5% | 8.5% | 1 |
Countries ranked near Norway
More financial sector data for Norway
- Net domestic credit (current LCU), per capita 1.08 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 12.01 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 3.18 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 55.94 billion SDR (2025)
- Reserves excluding gold 62.43 billion SDR (2025)
- Total reserves (gold at market value) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 11,126 SDR per person (2025)
Frequently asked questions
- What is total factoring volume to gdp in Norway?
- Total factoring volume to gdp in Norway was 8.5% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Norway?
- The highest recorded value was 8.5% in 2020.
- What is the lowest total factoring volume to gdp recorded in Norway?
- The lowest recorded value was 4.2% in 2014.
- How does Norway rank for total factoring volume to gdp?
- Norway ranks 18th out of 72 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Norway?
- Over the last ten years it is up 83.6%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.