Norway - Money and quasi money growth

Money and quasi money growth (annual %)

The value for Money and quasi money growth (annual %) in Norway was 16.30 as of 2006. As the graph below shows, over the past 45 years this indicator reached a maximum value of 19.19 in 1987 and a minimum value of -0.67 in 1993.

Definition: Average annual growth rate in money and quasi money. Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). The change in the money supply is measured as the difference in end-of-year totals relative to the level of M2 in the preceding year.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1961 5.48
1962 6.83
1963 6.88
1964 7.74
1965 10.14
1966 8.41
1967 9.83
1968 12.15
1969 10.43
1970 15.02
1971 13.34
1972 12.53
1973 13.53
1974 11.06
1975 15.31
1976 8.28
1977 17.26
1978 11.09
1979 13.80
1980 10.58
1981 13.40
1982 11.05
1983 10.82
1984 19.15
1985 14.98
1986 2.75
1987 19.19
1988 4.91
1989 8.61
1990 5.55
1991 2.93
1992 8.50
1993 -0.67
1994 5.02
1995 3.78
1996 6.91
1997 1.44
1998 15.47
1999 1.70
2000 8.66
2001 8.77
2002 7.58
2003 3.37
2004 7.54
2005 11.37
2006 16.30

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)