Norway: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 946.88 billion Norwegian Krone as of March 2025, a decline compared to the previous value of 980.5 billion Norwegian Krone. Historically, the average for Norway from January 1960 to March 2025 is 206.48 billion Norwegian Krone. The minimum of 1.56 billion Norwegian Krone was recorded in June 1962, while the maximum of 980.5 billion Norwegian Krone was reached in February 2025.
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* indicates monthly or quarterly data series
- Measure: billion Norwegian Krone
- Source: Statistics Norway
| Recent values | Norway: Foreign exchange reserves, billion currency units |
|---|---|
| 2025 Mar | 946.88 |
| 2025 Feb | 980.5 |
| 2025 Jan | 959.95 |
| 2024 Dec | 921.76 |
| 2024 Nov | 947.92 |
| 2024 Oct | 958.49 |
| 2024 Sep | 937.18 |
| 2024 Aug | 928.48 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 113.43 | 2021 | percent |
| Trade openness | 79.67 | 2023 | percent |
| Financial openness | 2.299 | 2021 | index points |
| Exports, percent of GDP | 47.20 | 2023 | percent |
| Exports, billion dollars | 229.06 | 2023 | billion U.S. dollars |
| Growth of exports | 1.45 | 2023 | percent |
| Imports, percent of GDP | 32.47 | 2023 | percent |
| Imports, billion dollars | 157.57 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 1.79 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 10.72 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | -3,199.23 | 2023 | million dollars (current) |
| Current account, percent of GDP | 2.50 | 2019 | percent |
| Current account, in dollars | 84.69 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | 14.71 | 2023 | percent |
| Trade balance, in dollars | 69.25 | 2023 | billion U.S. dollars |
| Reserves | 80.46 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 0.12 | 2023 | percent |
| Remittances | 599.36 | 2023 | million U.S. dollars |
| Net errors and omissions | 22,375.96 | 2023 | million USD |
| Foreign exchange reserves | 946.88 | 3/2025 | billion |