Annual broad money growth in Norway
Norway: Annual broad money growth was 0.43 in 2023. ◆ Volatile
Latest (2023)
0.43
Change on year
down 92.3%
World rank
150th
of 163 countries
All-time high
18.1
in 2007
All-time low
-5.33
in 2015
Years of data
24
2000–2023
Annual broad money growth in Norway, 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual broad money growth in Norway stood at 0.43.
Compared with earlier readings it is down 92.3% on the previous year and down 93.6% over ten years.
Over the whole period, annual broad money growth in Norway peaked at 18.1 in 2007 and was at its lowest, -5.33, in 2015.
Norway ranks 150th of 163 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 8.66 | — |
| 2001 | 16.47 | +90.2% |
| 2002 | 7.43 | -54.9% |
| 2003 | 2.15 | -71.1% |
| 2004 | 6.85 | +218.6% |
| 2005 | 10.52 | +53.6% |
| 2006 | 6.78 | -35.6% |
| 2007 | 18.1 | +167.0% |
| 2008 | 3.09 | -82.9% |
| 2009 | 0.9 | -70.9% |
| 2010 | 6.47 | +618.9% |
| 2011 | 6.42 | -0.8% |
| 2012 | 4.5 | -29.9% |
| 2013 | 6.75 | +50.0% |
| 2014 | 6.11 | -9.5% |
| 2015 | -5.33 | -187.2% |
| 2016 | 11.24 | -310.9% |
| 2017 | 6.08 | -45.9% |
| 2018 | 5.18 | -14.8% |
| 2019 | 3.97 | -23.4% |
| 2020 | 12.16 | +206.3% |
| 2021 | 10.5 | -13.7% |
| 2022 | 5.55 | -47.1% |
| 2023 | 0.43 | -92.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.1 | 0.9 | 18.1 | 10 |
| 2010s | 5.14 | -5.33 | 11.24 | 10 |
| 2020s | 7.16 | 0.43 | 12.16 | 4 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 63.58 % change on previous year (2022)
- Taxes less subsidies on products (current US$), annual growth rate 6.46 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0885 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 8,374 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 2.99 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.9203 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 87,058 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0724 (2025)
Frequently asked questions
- What is annual broad money growth in Norway?
- Annual broad money growth in Norway was 0.43 in 2023, according to Our World in Data.
- What is the highest annual broad money growth recorded in Norway?
- The highest recorded value was 18.1 in 2007.
- What is the lowest annual broad money growth recorded in Norway?
- The lowest recorded value was -5.33 in 2015.
- How does Norway rank for annual broad money growth?
- Norway ranks 150th out of 163 countries with data for 2023.
- Is annual broad money growth rising or falling in Norway?
- Over the last ten years it is down 93.6%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Our World in Data, published as part of Annual broad money growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).