Norway: Money supply (broad money)

* indicates monthly or quarterly data series
 Norway

Money supply, billion currency units

 Latest value 3118.75
 Reference March 2024
 Measure billion Norwegian Krone
 Data availability January 1960 - March 2024
 Average 778.15
 Min - Max 17.03 - 3159.16
 Source Statistics Norway
For that indicator, we provide data for Norway from January 1960 to March 2024. The average value for Norway during that period was 778.15 billion Norwegian Krone with a minimum of 17.03 billion Norwegian Krone in January 1960 and a maximum of 3159.16 billion Norwegian Krone in March 2023. Click on the following link to see the values of Money supply, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Norway - Money supply (broad money) - recent values

Historical chart
Norway - Money supply (broad money) - historical chart - 1960-2024
Measure: billion Norwegian Krone
Source: Statistics Norway


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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.

 Related indicators Latest value Reference Measure
 Inflation 5.8 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 10.7321 9/2023 Local Currency Units per USD
 Money supply (broad money) 3,105.16 9/2023 billion
 Consumer Price Index (CPI) 131.6000 9/2023 index points
 Inflation, monthly -0.15 9/2023 percent
 Inflation, annual 2.81 9/2023 percent
 Private sector credit 5,447.91 9/2023 billion
 Business credit 1,691.83 9/2023 billion
 Household credit 3,756.08 9/2023 billion
 Mortgage credit 2,843.70 9/2023 billion
 Consumer credit 0.01 9/2023 billion
 Deposit interest rate 4.09 9/2023 percent
 Business credit interest rate 6.75 9/2023 percent
 Mortgage credit interest rate 5.16 9/2023 percent
 Policy rate 4.25 9/2023 percent
 Household debt to GDP 84.90 9/2023 percent
 Debt service ratios for private non-financial sector 34.30 Q3/2023 percent
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