Net (assets minus liabilities), Other items (Net) (OFCS) … Net, OFCS in Norway
Norway: Net (assets minus liabilities), Other items (Net) (OFCS) … Net, OFCS was -765.33 billion in 2024. ◆ Volatile
Net (assets minus liabilities), Other items (Net) (OFCS) in Norway, 2001–2024
Source: International Monetary Fund.
Analysis
The most recent figure for net (assets minus liabilities), other items (net) (ofcs) in Norway is -765.33 billion, measured in 2024. That is the lowest value across all 24 years on record.
That represents a change of down 5.9% on the previous year and down 81.6% over ten years.
Over the whole period, net (assets minus liabilities), other items (net) (ofcs) in Norway peaked at -50.38 billion in 2001 and was at its lowest, -765.33 billion, in 2024.
Norway ranks 55th of 66 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net (assets minus liabilities), Other items (Net) (OFCS) … Net, OFCS in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | -50.38 billion | — |
| 2002 | -58.03 billion | +15.2% |
| 2003 | -59.07 billion | +1.8% |
| 2004 | -66.11 billion | +11.9% |
| 2005 | -77.06 billion | +16.6% |
| 2006 | -62.69 billion | -18.6% |
| 2007 | -64.98 billion | +3.7% |
| 2008 | -136.87 billion | +110.6% |
| 2009 | -188.95 billion | +38.1% |
| 2010 | -225.72 billion | +19.5% |
| 2011 | -247.49 billion | +9.6% |
| 2012 | -276.54 billion | +11.7% |
| 2013 | -311.88 billion | +12.8% |
| 2014 | -421.52 billion | +35.2% |
| 2015 | -455.57 billion | +8.1% |
| 2016 | -499.44 billion | +9.6% |
| 2017 | -525.13 billion | +5.1% |
| 2018 | -578.22 billion | +10.1% |
| 2019 | -666.87 billion | +15.3% |
| 2020 | -660.58 billion | -0.9% |
| 2021 | -703.27 billion | +6.5% |
| 2022 | -656.40 billion | -6.7% |
| 2023 | -722.86 billion | +10.1% |
| 2024 | -765.33 billion | +5.9% |
Norway compared with similar countries
- Norway's -765.33 billion is below the median for high income countries, which is -12.25 billion, 62.5× the median. (19 countries reporting)
- Norway's -765.33 billion is below the median for Europe & Central Asia, which is -9.08 billion, 84.3× the median. (17 countries reporting)
Biggest year-on-year movements
Years where Net (assets minus liabilities), Other items (Net) (OFCS) … Net, OFCS in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -110.6% | -64.98 billion | -136.87 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -84.90 billion | -188.95 billion | -50.38 billion | 9 |
| 2010s | -420.84 billion | -666.87 billion | -225.72 billion | 10 |
| 2020s | -701.69 billion | -765.33 billion | -656.40 billion | 5 |
Countries ranked near Norway
- 52 Morocco -461.74 billion compare
- 53 Costa Rica -509.63 billion compare
- 54 Angola -565.85 billion compare
- 56 Uganda -2.13 trillion compare
- 57 Philippines -2.56 trillion compare
- 58 Kazakhstan -3.03 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 minus liabilities), other items (net) (ofcs) in Norway?
- Net (assets minus liabilities), other items (net) (ofcs) in Norway was -765.33 billion in 2024, according to International Monetary Fund.
- What is the highest net (assets minus liabilities), other items (net) (ofcs) recorded in Norway?
- The highest recorded value was -50.38 billion in 2001.
- What is the lowest net (assets minus liabilities), other items (net) (ofcs) recorded in Norway?
- The lowest recorded value was -765.33 billion in 2024.
- How does Norway rank for net (assets minus liabilities), other items (net) (ofcs)?
- Norway ranks 55th out of 66 countries with data for 2024.
- Is net (assets minus liabilities), other items (net) (ofcs) rising or falling in Norway?
- Over the last ten years it is down 81.6%. 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 minus liabilities), Other items (Net) (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.