Norway: Liquid liabilities, percent of GDP
* indicates monthly or quarterly data series
| Norway |
Liquid liabilities, percent of GDP |
|---|---|
| Latest value | 68.28 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1960 - 2021 |
| Average | 53.38 |
| Min - Max | 47.57 - 75.09 |
| Source | The International Monetary Fund |
The latest value from 2021 is 68.28 percent, a decline from 75.09 percent in 2020. In comparison, the world average is 82.43 percent, based on data from 134 countries. Historically, the average for Norway from 1960 to 2021 is 53.38 percent. The minimum value, 47.57 percent, was reached in 2001 while the maximum of 75.09 percent was recorded in 2020.
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* indicates monthly or quarterly data series
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Definition: Ratio of liquid liabilities to GDP. Liquid liabilities are also known as broad money, or M3. They are the sum of currency and deposits in the central bank (M0), plus transferable deposits and electronic currency (M1), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements (M2), plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents.
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|---|---|---|---|
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| Domestic credit to the private sector | 165.99 | 2020 | percent |
| Bank credit to the private sector | 107.64 | 2023 | percent |
| Liquid liabilities, percent of GDP | 68.28 | 2021 | percent |
| Bank assets to GDP | 133.76 | 2021 | percent |
| Financial system deposits, percent of GDP | 69.30 | 2021 | percent |
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| Percent people with bank accounts | 99.48 | 2021 | percent |