Liabilities, Insurance Technical Reserves (OFCS) in Norway
Norway: Liabilities, Insurance Technical Reserves (OFCS) was 2.84 trillion in 2024. ◆ Volatile
Liabilities, Insurance Technical Reserves (OFCS) in Norway, 2001–2024
Source: International Monetary Fund.
Analysis
Norway recorded 2.84 trillion for liabilities, insurance technical reserves (ofcs) in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 11.2% on the previous year and up 100.2% over ten years.
Over the whole period, liabilities, insurance technical reserves (ofcs) in Norway peaked at 2.84 trillion in 2024 and was at its lowest, 226.53 billion, in 2002.
That places Norway 17th out of 65 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 457.02 billion | 226.53 billion | 942.28 billion | 9 |
| 2010s | 1.47 trillion | 1.04 trillion | 1.99 trillion | 10 |
| 2020s | 2.43 trillion | 2.13 trillion | 2.84 trillion | 5 |
Countries ranked near Norway
More external debt data for Norway
- Other investment, Debt instruments 329.56 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 21.69 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 136.58 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 58,736 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.6209 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 387.41 billion (2025)
- Net lending (+) / net borrowing (-), General government, Percent of 8.77 (2030)
- Primary net lending (+) / net borrowing (-), General government 6.7 (2030)
- Other investment, Debt instruments, Other sectors 40.26 billion US dollar (2025)
- Gross debt, General government, Percent of fiscal year GDP 27.94 (2015)
Frequently asked questions
- What is liabilities, insurance technical reserves (ofcs) in Norway?
- Liabilities, insurance technical reserves (ofcs) in Norway was 2.84 trillion in 2024, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in Norway?
- The highest recorded value was 2.84 trillion in 2024.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Norway?
- The lowest recorded value was 226.53 billion in 2002.
- How does Norway rank for liabilities, insurance technical reserves (ofcs)?
- Norway ranks 17th out of 65 countries with data for 2024.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in Norway?
- Over the last ten years it is up 100.2%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
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.