Total reserves minus gold in Norway
Norway: Total reserves minus gold was 85.49 billion current US$ in 2025. ◆ Volatile
Total reserves minus gold in Norway, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2025, total reserves minus gold in Norway stood at 85.49 billion current US$. That is the highest value across all 66 years on record.
The figure is up 5.2% on the previous year and up 48.8% over ten years.
Over the whole period, total reserves minus gold in Norway peaked at 85.49 billion current US$ in 2025 and was at its lowest, 272.92 million current US$, in 1961.
That places Norway 31st out of 182 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 277.42 million current US$ | — |
| 1961 | 272.92 million current US$ | -1.6% |
| 1962 | 273.43 million current US$ | +0.2% |
| 1963 | 323.33 million current US$ | +18.2% |
| 1964 | 356.24 million current US$ | +10.2% |
| 1965 | 445.15 million current US$ | +25.0% |
| 1966 | 509.36 million current US$ | +14.4% |
| 1967 | 658.84 million current US$ | +29.3% |
| 1968 | 678.70 million current US$ | +3.0% |
| 1969 | 684.96 million current US$ | +0.9% |
| 1970 | 787.88 million current US$ | +15.0% |
| 1971 | 1.12 billion current US$ | +42.0% |
| 1972 | 1.29 billion current US$ | +15.1% |
| 1973 | 1.53 billion current US$ | +19.1% |
| 1974 | 1.89 billion current US$ | +23.0% |
| 1975 | 2.20 billion current US$ | +16.4% |
| 1976 | 2.19 billion current US$ | -0.3% |
| 1977 | 2.20 billion current US$ | +0.3% |
| 1978 | 2.86 billion current US$ | +30.3% |
| 1979 | 4.22 billion current US$ | +47.4% |
| 1980 | 6.05 billion current US$ | +43.5% |
| 1981 | 6.25 billion current US$ | +3.4% |
| 1982 | 6.87 billion current US$ | +9.9% |
| 1983 | 6.63 billion current US$ | -3.6% |
| 1984 | 9.37 billion current US$ | +41.3% |
| 1985 | 13.92 billion current US$ | +48.6% |
| 1986 | 12.52 billion current US$ | -10.0% |
| 1987 | 14.28 billion current US$ | +14.0% |
| 1988 | 13.27 billion current US$ | -7.1% |
| 1989 | 13.78 billion current US$ | +3.9% |
| 1990 | 15.33 billion current US$ | +11.2% |
| 1991 | 13.23 billion current US$ | -13.7% |
| 1992 | 11.94 billion current US$ | -9.8% |
| 1993 | 19.62 billion current US$ | +64.3% |
| 1994 | 19.03 billion current US$ | -3.0% |
| 1995 | 22.52 billion current US$ | +18.4% |
| 1996 | 26.52 billion current US$ | +17.8% |
| 1997 | 23.40 billion current US$ | -11.8% |
| 1998 | 19.05 billion current US$ | -18.6% |
| 1999 | 23.81 billion current US$ | +25.0% |
| 2000 | 27.60 billion current US$ | +15.9% |
| 2001 | 23.28 billion current US$ | -15.7% |
| 2002 | 32.00 billion current US$ | +37.5% |
| 2003 | 37.22 billion current US$ | +16.3% |
| 2004 | 44.31 billion current US$ | +19.0% |
| 2005 | 46.99 billion current US$ | +6.0% |
| 2006 | 56.84 billion current US$ | +21.0% |
| 2007 | 60.84 billion current US$ | +7.0% |
| 2008 | 50.95 billion current US$ | -16.3% |
| 2009 | 48.86 billion current US$ | -4.1% |
| 2010 | 53.22 billion current US$ | +8.9% |
| 2011 | 49.40 billion current US$ | -7.2% |
| 2012 | 51.86 billion current US$ | +5.0% |
| 2013 | 58.28 billion current US$ | +12.4% |
| 2014 | 64.80 billion current US$ | +11.2% |
| 2015 | 57.46 billion current US$ | -11.3% |
| 2016 | 60.45 billion current US$ | +5.2% |
| 2017 | 65.92 billion current US$ | +9.1% |
| 2018 | 63.15 billion current US$ | -4.2% |
| 2019 | 66.95 billion current US$ | +6.0% |
| 2020 | 75.26 billion current US$ | +12.4% |
| 2021 | 84.27 billion current US$ | +12.0% |
| 2022 | 72.08 billion current US$ | -14.5% |
| 2023 | 80.46 billion current US$ | +11.6% |
| 2024 | 81.24 billion current US$ | +1.0% |
| 2025 | 85.49 billion current US$ | +5.2% |
Norway compared with similar countries
- Norway's 85.49 billion current US$ is above the median for high income countries, which is 24.46 billion current US$, 3.5× the median. (63 countries reporting)
- Norway's 85.49 billion current US$ is above the median for Europe & Central Asia, which is 13.63 billion current US$, 6.3× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 448.04 million current US$ | 272.92 million current US$ | 684.96 million current US$ | 10 |
| 1970s | 2.03 billion current US$ | 787.88 million current US$ | 4.22 billion current US$ | 10 |
| 1980s | 10.29 billion current US$ | 6.05 billion current US$ | 14.28 billion current US$ | 10 |
| 1990s | 19.44 billion current US$ | 11.94 billion current US$ | 26.52 billion current US$ | 10 |
| 2000s | 42.89 billion current US$ | 23.28 billion current US$ | 60.84 billion current US$ | 10 |
| 2010s | 59.15 billion current US$ | 49.40 billion current US$ | 66.95 billion current US$ | 10 |
| 2020s | 79.80 billion current US$ | 72.08 billion current US$ | 85.49 billion current US$ | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is total reserves minus gold in Norway?
- Total reserves minus gold in Norway was 85.49 billion current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in Norway?
- The highest recorded value was 85.49 billion current US$ in 2025.
- What is the lowest total reserves minus gold recorded in Norway?
- The lowest recorded value was 272.92 million current US$ in 1961.
- How does Norway rank for total reserves minus gold?
- Norway ranks 31st out of 182 countries with data for 2025.
- Is total reserves minus gold rising or falling in Norway?
- Over the last ten years it is up 48.8%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves minus gold (current US$). Statizoid updates them automatically from the source API.
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About this data
This series includes external assets (excluding 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.