Net (assets less liabilities), Net Claims on Central Government (OFCS) in Norway
Norway: Net (assets less liabilities), Net Claims on Central Government (OFCS) was -423.61 billion in 2024. ◆ Volatile
Net (assets less liabilities), Net Claims on Central Government (OFCS) in Norway, 2001–2024
Source: International Monetary Fund.
Analysis
The most recent figure for net (assets less liabilities), net claims on central government (ofcs) in Norway is -423.61 billion, measured in 2024. That is the lowest value across all 24 years on record.
That represents a change of down 5.8% on the previous year and down 69.0% over ten years.
Over the whole period, net (assets less liabilities), net claims on central government (ofcs) in Norway peaked at 67.33 billion in 2003 and was at its lowest, -423.61 billion, in 2024.
That places Norway 65th out of 66 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net (assets less liabilities), Net Claims on Central Government (OFCS) in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 43.74 billion | — |
| 2002 | 46.25 billion | +5.7% |
| 2003 | 67.33 billion | +45.6% |
| 2004 | 62.43 billion | -7.3% |
| 2005 | 60.13 billion | -3.7% |
| 2006 | 59.66 billion | -0.8% |
| 2007 | 46.55 billion | -22.0% |
| 2008 | -129.11 billion | -377.4% |
| 2009 | -150.56 billion | +16.6% |
| 2010 | -169.17 billion | +12.4% |
| 2011 | -186.72 billion | +10.4% |
| 2012 | -195.76 billion | +4.8% |
| 2013 | -221.53 billion | +13.2% |
| 2014 | -250.66 billion | +13.2% |
| 2015 | -267.73 billion | +6.8% |
| 2016 | -284.76 billion | +6.4% |
| 2017 | -301.07 billion | +5.7% |
| 2018 | -323.52 billion | +7.5% |
| 2019 | -344.03 billion | +6.3% |
| 2020 | -355.85 billion | +3.4% |
| 2021 | -374.83 billion | +5.3% |
| 2022 | -389.85 billion | +4.0% |
| 2023 | -400.41 billion | +2.7% |
| 2024 | -423.61 billion | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.82 billion | -150.56 billion | 67.33 billion | 9 |
| 2010s | -254.49 billion | -344.03 billion | -169.17 billion | 10 |
| 2020s | -388.91 billion | -423.61 billion | -355.85 billion | 5 |
Countries ranked near Norway
- 62 Azerbaijan -1.51 billion compare
- 63 Australia -2.07 billion compare
- 64 Burundi -19.99 billion compare
- 66 Uzbekistan -2.22 trillion compare
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)
- Other investment, Debt instruments, Deposit taking corporations 10.09 % change on previous year (2025)
- Primary net lending (+) / net borrowing (-), General government 6.7 (2030)
- Other investment, Debt instruments, Deposit taking corporations 24,342 US dollar per person (2025)
Frequently asked questions
- What is net (assets less liabilities), net claims on central government (ofcs) in Norway?
- Net (assets less liabilities), net claims on central government (ofcs) in Norway was -423.61 billion in 2024, according to International Monetary Fund.
- What is the highest net (assets less liabilities), net claims on central government (ofcs) recorded in Norway?
- The highest recorded value was 67.33 billion in 2003.
- What is the lowest net (assets less liabilities), net claims on central government (ofcs) recorded in Norway?
- The lowest recorded value was -423.61 billion in 2024.
- How does Norway rank for net (assets less liabilities), net claims on central government (ofcs)?
- Norway ranks 65th out of 66 countries with data for 2024.
- Is net (assets less liabilities), net claims on central government (ofcs) rising or falling in Norway?
- Over the last ten years it is down 69.0%. 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 Net (assets less liabilities), Net Claims on Central Government (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.