Norway - Broad money

Broad money (current LCU)

The value for Broad money (current LCU) in Norway was 2,634,890,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,634,890,000,000 in 2020 and a minimum value of 19,265,000,000 in 1960.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

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

Year Value
1960 19,265,000,000
1961 20,320,000,000
1962 21,707,000,000
1963 23,201,000,000
1964 24,997,000,000
1965 27,532,000,000
1966 29,848,000,000
1967 32,783,000,000
1968 36,766,000,000
1969 40,599,000,000
1970 46,698,000,000
1971 52,929,000,000
1972 59,562,000,000
1973 67,619,000,000
1974 75,097,000,000
1975 86,596,000,000
1976 93,763,000,000
1977 109,946,000,000
1978 122,135,000,000
1979 138,994,000,000
1980 153,705,000,000
1981 174,298,000,000
1982 193,550,000,000
1983 214,484,000,000
1984 255,560,000,000
1985 293,842,000,000
1986 301,937,000,000
1987 359,869,000,000
1988 377,525,000,000
1989 410,033,000,000
1990 432,779,000,000
1991 445,476,000,000
1992 483,345,000,000
1993 480,109,000,000
1994 504,230,000,000
1995 523,295,000,000
1996 559,453,000,000
1997 567,521,000,000
1998 655,322,000,000
1999 666,463,000,000
2000 724,201,000,000
2001 843,455,000,000
2002 906,087,000,000
2003 925,542,000,000
2004 988,939,000,000
2005 1,093,020,000,000
2006 1,167,090,000,000
2007 1,378,370,000,000
2008 1,420,920,000,000
2009 1,433,690,000,000
2010 1,526,430,000,000
2011 1,624,450,000,000
2012 1,697,470,000,000
2013 1,812,040,000,000
2014 1,922,810,000,000
2015 1,820,390,000,000
2016 2,024,980,000,000
2017 2,148,130,000,000
2018 2,259,470,000,000
2019 2,349,250,000,000
2020 2,634,890,000,000

Broad money (% of GDP)

Broad money (% of GDP) in Norway was 77.26 as of 2020. Its highest value over the past 60 years was 77.26 in 2020, while its lowest value was 47.70 in 1983.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 51.19
1961 49.50
1962 49.09
1963 48.89
1964 47.90
1965 47.83
1966 48.05
1967 48.24
1968 50.66
1969 51.38
1970 51.02
1971 51.44
1972 52.08
1973 52.04
1974 49.94
1975 50.39
1976 47.81
1977 49.76
1978 50.08
1979 51.66
1980 48.29
1981 47.75
1982 47.87
1983 47.70
1984 50.46
1985 52.25
1986 51.89
1987 56.68
1988 56.85
1989 57.86
1990 57.71
1991 56.38
1992 59.45
1993 56.13
1994 56.20
1995 54.33
1996 53.05
1997 49.72
1998 56.34
1999 52.66
2000 48.05
2001 53.92
2002 58.04
2003 57.12
2004 55.46
2005 54.93
2006 52.66
2007 58.65
2008 54.50
2009 59.04
2010 58.90
2011 58.17
2012 57.27
2013 59.00
2014 61.22
2015 58.51
2016 65.36
2017 65.19
2018 63.58
2019 65.93
2020 77.26

Broad money to total reserves ratio

Broad money to total reserves ratio in Norway was 3.72 as of 2020. Its highest value over the past 60 years was 9.80 in 1962, while its lowest value was 2.39 in 1985.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

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

See also:

Year Value
1960 8.58
1961 9.19
1962 9.80
1963 8.99
1964 8.86
1965 8.10
1966 7.92
1967 6.78
1968 7.28
1969 8.00
1970 8.04
1971 6.47
1972 6.69
1973 7.14
1974 6.55
1975 7.10
1976 7.40
1977 8.70
1978 7.48
1979 5.69
1980 4.61
1981 4.52
1982 4.04
1983 4.15
1984 3.22
1985 2.39
1986 3.14
1987 3.60
1988 4.21
1989 4.16
1990 4.38
1991 5.03
1992 6.31
1993 3.37
1994 3.67
1995 3.60
1996 3.22
1997 3.38
1998 4.48
1999 3.54
2000 2.95
2001 3.97
2002 3.50
2003 3.47
2004 3.31
2005 3.61
2006 3.20
2007 3.87
2008 4.94
2009 4.67
2010 4.75
2011 5.87
2012 5.63
2013 5.29
2014 4.71
2015 3.93
2016 3.99
2017 3.94
2018 4.40
2019 3.99
2020 3.72

Broad money growth (annual %)

The value for Broad money growth (annual %) in Norway was 12.16 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 19.19 in 1987 and a minimum value of -5.33 in 2015.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

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 16.47
2002 7.43
2003 2.15
2004 6.85
2005 10.52
2006 6.78
2007 18.10
2008 3.09
2009 0.90
2010 6.47
2011 6.42
2012 4.50
2013 6.75
2014 6.11
2015 -5.33
2016 11.24
2017 6.08
2018 5.18
2019 3.97
2020 12.16

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)