Money Supply M2 in Norway increased to 2695383 NOK Million in February from 2667490 NOK Million in January of 2021. source: Statistics Norway

Money Supply M2 in Norway averaged 689331.02 NOK Million from 1960 until 2021, reaching an all time high of 2695383 NOK Million in February of 2021 and a record low of 17026 NOK Million in January of 1960. This page provides - Norway Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Money Supply M2 - values, historical data and charts - was last updated on April of 2021.

Money Supply M2 in Norway is expected to be 2310551.75 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in Norway to stand at 2353128.78 in 12 months time. In the long-term, the Norway Money Supply M2 is projected to trend around 2437102.66 NOK Million in 2022 and 2519614.66 NOK Million in 2023, according to our econometric models.

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Norway Money Supply M2

Actual Previous Highest Lowest Dates Unit Frequency
2695383.00 2667490.00 2695383.00 17026.00 1960 - 2021 NOK Million Monthly
Current Prices, NSA

Norway Money Last Previous Highest Lowest Unit
Interest Rate 0.00 0.00 11.00 0.00 percent [+]
Interbank Rate 0.35 0.35 27.21 0.23 percent [+]
Money Supply M0 71953.00 117440.00 330224.00 33111.00 NOK Million [+]
Money Supply M1 2526071.00 2499917.00 2526071.00 66049.00 NOK Million [+]
Money Supply M2 2695383.00 2667490.00 2695383.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 665864.00 665614.00 741729.00 21053.00 NOK Million [+]
Loans to Private Sector 1943789.00 1925161.00 1943789.00 275742.00 NOK Million [+]
Deposit Interest Rate -1.00 -1.00 1.25 -1.00 percent [+]
Lending Rate 1.00 1.00 10.00 1.00 percent [+]
Loan Growth 5.00 4.90 24.20 -4.40 percent [+]
Private Debt to GDP 287.70 277.70 302.30 196.50 percent [+]
Central Bank Balance Sheet 11667529.00 11474241.00 11667529.00 6389.00 NOK Million [+]


Norway Money Supply M2
Norway Money Supply M2 includes M1 plus short-term time deposits in banks.