Australia vs Norway: Total reserves
Total reserves over time
- Australia
- Norway
How they compare
Norway currently reports 85.49 billion includes gold, current US$ against 72.63 billion includes gold, current US$ in Australia, a difference of 12.86 billion includes gold, current US$.
That makes Norway's figure about 1.2 times Australia's.
The two have swapped places 5 times across 66 shared years of data; in 1960 it was Australia ahead.
Australia ranks 38th and Norway ranks 35th of 180 countries.
Across the 7 decades both report, Australia averaged higher in 3 and Norway in 4.
Head to head by decade
| Decade | Australia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.46 billion includes gold, current US$ | 475.51 million includes gold, current US$ | 982.26 million includes gold, current US$ | Australia |
| 1970s | 4.34 billion includes gold, current US$ | 2.20 billion includes gold, current US$ | 2.14 billion includes gold, current US$ | Australia |
| 1980s | 10.82 billion includes gold, current US$ | 10.78 billion includes gold, current US$ | 31.66 million includes gold, current US$ | Australia |
| 1990s | 16.83 billion includes gold, current US$ | 19.86 billion includes gold, current US$ | 3.03 billion includes gold, current US$ | Norway |
| 2000s | 32.91 billion includes gold, current US$ | 43.04 billion includes gold, current US$ | 10.13 billion includes gold, current US$ | Norway |
| 2010s | 52.03 billion includes gold, current US$ | 59.15 billion includes gold, current US$ | 7.12 billion includes gold, current US$ | Norway |
| 2020s | 58.64 billion includes gold, current US$ | 79.80 billion includes gold, current US$ | 21.16 billion includes gold, current US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves, Australia or Norway?
- Norway, at 85.49 billion includes gold, current US$ against 72.63 billion includes gold, current US$ in Australia as of 2025.
- What is the difference in total reserves between Australia and Norway?
- 12.86 billion includes gold, current US$, with Norway ahead.
- How many years of comparable data are there for Australia and Norway?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and Norway rank globally for total reserves?
- Australia ranks 38th and Norway ranks 35th of 180 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves (includes gold, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.