Australia vs Norway: Net (assets less liabilities), Net Claims on Central Government (OFCS)

Australia
-2.07 billion
in 2025
Norway
-423.61 billion
in 2024
Australia rank
63rd
Norway rank
65th

Net (assets less liabilities), Net Claims on Central Government (OFCS) over time

  • Australia
  • Norway
-400.0B-300.0B-200.0B-100.0B0100.0B200120132025

How they compare

Australia currently reports -2.07 billion against -423.61 billion in Norway, a difference of 421.53 billion.

The two have swapped places 1 time across 18 shared years of data; in 2007 it was Norway ahead.

Australia ranks 63rd and Norway ranks 65th of 66 countries.

Australia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Australia Norway Difference Ahead
2000s 1.62 billion -77.71 billion 79.32 billion Australia
2010s 727.13 million -254.49 billion 255.22 billion Australia
2020s -1.15 billion -388.91 billion 387.76 billion Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net (assets less liabilities), net claims on central government (ofcs), Australia or Norway?
Australia, at -2.07 billion against -423.61 billion in Norway as of 2025.
What is the difference in net (assets less liabilities), net claims on central government (ofcs) between Australia and Norway?
421.53 billion, with Australia ahead.
How many years of comparable data are there for Australia and Norway?
18 years are reported by both, from 2007 to 2024.
How do Australia and Norway rank globally for net (assets less liabilities), net claims on central government (ofcs)?
Australia ranks 63rd and Norway ranks 65th of 66 countries.
Where does this data come from?
International Monetary Fund, published as Net (assets less liabilities), Net Claims on Central Government (OFCS) (Domestic currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Norway: Net (assets less liabilities), Net Claims on Central Government (OFCS). Statizoid, drawing on International Monetary Fund. Retrieved 05 September 2026, from https://debt.statizoid.com/compare/net-assets-less-liabilities-net-claims-on-central-government-ofcs-domestic-currency/australia/norway/

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About this data

Indicator
Net (assets less liabilities), Net Claims on Central Government (OFCS) (Domestic currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
66 places, 1,144 data points, 2001–2025
Last refreshed

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.