Money Supply M2 in Norway increased to 2656368 NOK Million in November from 2638785 NOK Million in October of 2020. source: Statistics Norway

Money Supply M2 in Norway averaged 681417.46 NOK Million from 1960 until 2020, reaching an all time high of 2656368 NOK Million in November of 2020 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 January 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
2656368.00 2638785.00 2656368.00 17026.00 1960 - 2020 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 0.50 0.50 27.21 0.23 percent [+]
Money Supply M0 79201.00 74711.00 330224.00 33111.00 NOK Million [+]
Money Supply M1 2485877.00 2465888.00 2485877.00 66049.00 NOK Million [+]
Money Supply M2 2656368.00 2638785.00 2656368.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 649173.00 700035.00 741729.00 21053.00 NOK Million [+]
Loans to Private Sector 1922677.00 1922166.00 1922677.00 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 4.70 4.50 24.20 -4.40 percent [+]
Private Debt to GDP 275.30 288.50 298.60 195.20 percent [+]
Central Bank Balance Sheet 11293795.00 11519067.00 11519067.00 6389.00 NOK Million [+]


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