Norway: Money supply (broad money)
* indicates monthly or quarterly data series
The most recent value is 3184.91 billion Norwegian Krone as of September 2024, a decline compared to the previous value of 3213.01 billion Norwegian Krone. Historically, the average for Norway from January 1960 to September 2024 is 796.79 billion Norwegian Krone. The minimum of 17.03 billion Norwegian Krone was recorded in January 1960, while the maximum of 3229.35 billion Norwegian Krone was reached in June 2024.
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* indicates monthly or quarterly data series
- Measure: billion Norwegian Krone
- Source: Statistics Norway
Recent values | Norway: Money supply, billion currency units |
---|---|
2024  Sep | 3184.91 |
2024  Aug | 3213.01 |
2024  Jul | 3227.98 |
2024  Jun | 3229.35 |
2024  May | 3188.27 |
2024  Apr | 3109.73 |
2024  Mar | 3118.75 |
2024  Feb | 3049.29 |
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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 | Reference | Measure |
---|---|---|---|
Inflation | 5.5 | 2023 | percent |
Exchange rate regimes | 7 | 2022 | index points |
USD exchange rate | 11.0441 | 11/2024 | Local Currency Units per USD |
Money supply (broad money) | 3,184.91 | 9/2024 | billion |
Consumer Price Index (CPI) | 136.0000 | 10/2024 | index points |
Inflation, monthly | 0.67 | 10/2024 | percent |
Inflation, annual | 2.18 | 10/2024 | percent |
Private sector credit | 5,611.72 | 9/2024 | billion |
Business credit | 1,744.99 | 9/2024 | billion |
Household credit | 3,866.73 | 9/2024 | billion |
Mortgage credit | 2,914.10 | 9/2024 | billion |
Consumer credit | 952.64 | 9/2024 | billion |
Deposit interest rate | 4.86 | 9/2024 | percent |
Business credit interest rate | 6.89 | 9/2024 | percent |
Mortgage credit interest rate | 5.69 | 9/2024 | percent |
Policy rate | 4.50 | 9/2024 | percent |
Household debt to GDP | 87.50 | 3/2024 | percent |
Debt service ratios for private non-financial sector | 35.30 | Q1/2024 | percent |