Net (assets less liabilities), Net foreign assets (OFCS) in Norway
Norway: Net (assets less liabilities), Net foreign assets (OFCS) was 1.32 trillion in 2024. ◆ Volatile
Net (assets less liabilities), Net foreign assets (OFCS) in Norway, 2001–2024
Source: International Monetary Fund.
Analysis
Norway recorded 1.32 trillion for net (assets less liabilities), net foreign assets (ofcs) in 2024. That is the highest value across all 24 years on record.
That represents a change of up 21.1% on the previous year and up 172.1% over ten years.
Over the whole period, net (assets less liabilities), net foreign assets (ofcs) in Norway peaked at 1.32 trillion in 2024 and was at its lowest, 0, in 2001.
That places Norway 12th out of 66 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.
Net (assets less liabilities), Net foreign assets (OFCS) in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 0 | — |
| 2002 | 0 | — |
| 2003 | 0 | — |
| 2004 | 0 | — |
| 2005 | 0 | — |
| 2006 | 0 | — |
| 2007 | 0 | — |
| 2008 | 309.55 billion | — |
| 2009 | 365.36 billion | +18.0% |
| 2010 | 380.01 billion | +4.0% |
| 2011 | 384.87 billion | +1.3% |
| 2012 | 383.46 billion | -0.4% |
| 2013 | 429.59 billion | +12.0% |
| 2014 | 485.24 billion | +13.0% |
| 2015 | 541.69 billion | +11.6% |
| 2016 | 558.42 billion | +3.1% |
| 2017 | 600.65 billion | +7.6% |
| 2018 | 609.79 billion | +1.5% |
| 2019 | 691.80 billion | +13.4% |
| 2020 | 818.50 billion | +18.3% |
| 2021 | 968.98 billion | +18.4% |
| 2022 | 964.95 billion | -0.4% |
| 2023 | 1.09 trillion | +13.0% |
| 2024 | 1.32 trillion | +21.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.99 billion | 0 | 365.36 billion | 9 |
| 2010s | 506.55 billion | 380.01 billion | 691.80 billion | 10 |
| 2020s | 1.03 trillion | 818.50 billion | 1.32 trillion | 5 |
Countries ranked near Norway
- 9 South Africa 4.08 trillion compare
- 10 Thailand 2.82 trillion compare
- 11 Costa Rica 2.49 trillion compare
- 13 Philippines 861.20 billion compare
- 14 Israel 706.12 billion compare
- 15 Nigeria 344.36 billion 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)
- 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 net (assets less liabilities), net foreign assets (ofcs) in Norway?
- Net (assets less liabilities), net foreign assets (ofcs) in Norway was 1.32 trillion in 2024, according to International Monetary Fund.
- What is the highest net (assets less liabilities), net foreign assets (ofcs) recorded in Norway?
- The highest recorded value was 1.32 trillion in 2024.
- What is the lowest net (assets less liabilities), net foreign assets (ofcs) recorded in Norway?
- The lowest recorded value was 0 in 2001.
- How does Norway rank for net (assets less liabilities), net foreign assets (ofcs)?
- Norway ranks 12th out of 66 countries with data for 2024.
- Is net (assets less liabilities), net foreign assets (ofcs) rising or falling in Norway?
- Over the last ten years it is up 172.1%. 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 foreign assets (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.