What is the difference in liabilities, insurance technical reserves (ofcs) between Norway and Philippines?

530.34 billion, with Norway ahead.

How many years of comparable data are there for Norway and Philippines?

8 years are reported by both, from 2017 to 2024.

Where does this data come from?

International Monetary Fund, published as Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Norway vs Philippines: Liabilities, Insurance Technical Reserves (OFCS)

Norway

2.84 trillion

in 2024

Philippines

2.31 trillion

in 2025

Norway rank

17th

Philippines rank

18th

Liabilities, Insurance Technical Reserves (OFCS) over time

Norway
Philippines

How they compare

Norway currently reports 2.84 trillion against 2.31 trillion in Philippines, a difference of 530.34 billion.

That makes Norway's figure about 1.2 times Philippines's.

Across all 8 years both countries report, Norway has been ahead every year.

Norway ranks 17th and Philippines ranks 18th of 65 countries.

Norway has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Norway	Philippines	Difference	Ahead
2010s	1.84 trillion	1.35 trillion	489.86 billion	Norway
2020s	2.43 trillion	1.84 trillion	589.11 billion	Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher liabilities, insurance technical reserves (ofcs), Norway or Philippines?: Norway, at 2.84 trillion against 2.31 trillion in Philippines as of 2024.
What is the difference in liabilities, insurance technical reserves (ofcs) between Norway and Philippines?: 530.34 billion, with Norway ahead.
How many years of comparable data are there for Norway and Philippines?: 8 years are reported by both, from 2017 to 2024.
How do Norway and Philippines rank globally for liabilities, insurance technical reserves (ofcs)?: Norway ranks 17th and Philippines ranks 18th of 65 countries.
Where does this data come from?: International Monetary Fund, published as Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Philippines: Liabilities, Insurance Technical Reserves (OFCS). Statizoid, drawing on International Monetary Fund. Retrieved 25 August 2026, from https://debt.statizoid.com/compare/liabilities-insurance-technical-reserves-ofcs-domestic-currency/norway/philippines/

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About this data

Indicator: Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency)
Source: International Monetary Fund
Licence: IMF Terms and Conditions (attribution required)
Coverage: 65 places, 1,123 data points, 2001–2025
Last refreshed: 18 August 2026

The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.