
Norway: Money supply (broad money)
* indicates monthly or quarterly data series
Norway |
Money supply, billion currency units |
---|---|
Latest value | 3116.29 |
Reference | June 2022 |
Measure | billion Norwegian Krone |
Source | Central Bank of Norway |
For that indicator, we provide data for Norway from January 1960 to June 2022. The average value for Norway during that period was 713.09 billion Norwegian Krone with a minimum of 17.03 billion Norwegian Krone in January 1960 and a maximum of 3116.29 billion Norwegian Krone in June 2022.
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Measure: billion Norwegian Krone
Source: Central Bank of Norway
Source: Central Bank of Norway
Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.