Foreign assets in Norway

Norway: Foreign assets was 2.10 trillion real chained 2019 US$ in 2020. ◆ Volatile

Latest (2020)
2.10 trillion real chained 2019 US$
Change on year
up 9.5%
World rank
17th
of 149 countries
All-time high
2.10 trillion real chained 2019 US$
in 2020
All-time low
145.53 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020

Foreign assets in Norway, 1995–2020

0500.0B1.0T1.5T2.0T1995200720201995: 145.5B real chained 2019 US$1996: 173.3B real chained 2019 US$1997: 192.2B real chained 2019 US$1998: 213.9B real chained 2019 US$1999: 266.2B real chained 2019 US$2000: 318.1B real chained 2019 US$2001: 336.2B real chained 2019 US$2002: 461.6B real chained 2019 US$2003: 557.7B real chained 2019 US$2004: 685.9B real chained 2019 US$2005: 779.4B real chained 2019 US$2006: 1.1T real chained 2019 US$2007: 1.4T real chained 2019 US$2008: 1.2T real chained 2019 US$2009: 1.3T real chained 2019 US$2010: 1.5T real chained 2019 US$2011: 1.5T real chained 2019 US$2012: 1.7T real chained 2019 US$2013: 1.8T real chained 2019 US$2014: 1.8T real chained 2019 US$2015: 1.6T real chained 2019 US$2016: 1.6T real chained 2019 US$2017: 1.8T real chained 2019 US$2018: 1.7T real chained 2019 US$2019: 1.9T real chained 2019 US$2020: 2.1T real chained 2019 US$

Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.

Analysis

In 2020, foreign assets in Norway stood at 2.10 trillion real chained 2019 US$. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 9.5% on the previous year and up 44.0% over ten years.

Over the whole period, foreign assets in Norway peaked at 2.10 trillion real chained 2019 US$ in 2020 and was at its lowest, 145.53 billion real chained 2019 US$, in 1995.

Norway ranks 17th of 149 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 198.21 billion real chained 2019 US$ 145.53 billion real chained 2019 US$ 266.16 billion real chained 2019 US$ 5
2000s 809.29 billion real chained 2019 US$ 318.12 billion real chained 2019 US$ 1.36 trillion real chained 2019 US$ 10
2010s 1.70 trillion real chained 2019 US$ 1.46 trillion real chained 2019 US$ 1.92 trillion real chained 2019 US$ 10
2020s 2.10 trillion real chained 2019 US$ 2.10 trillion real chained 2019 US$ 2.10 trillion real chained 2019 US$ 1

Countries ranked near Norway

  1. 14 Spain 2.82 trillion real chained 2019 US$ compare
  2. 15 Belgium 2.59 trillion real chained 2019 US$ compare
  3. 16 Australia 2.35 trillion real chained 2019 US$ compare
  4. 18 South Korea 1.96 trillion real chained 2019 US$ compare
  5. 19 Sweden 1.95 trillion real chained 2019 US$ compare
  6. 20 United Arab Emirates 1.75 trillion real chained 2019 US$ compare

See the full ranking of 150 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is foreign assets in Norway?
Foreign assets in Norway was 2.10 trillion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
What is the highest foreign assets recorded in Norway?
The highest recorded value was 2.10 trillion real chained 2019 US$ in 2020.
What is the lowest foreign assets recorded in Norway?
The lowest recorded value was 145.53 billion real chained 2019 US$ in 1995.
How does Norway rank for foreign assets?
Norway ranks 17th out of 149 countries with data for 2020.
Is foreign assets rising or falling in Norway?
Over the last ten years it is up 44.0%. The long-run trend across the full record is volatile.
Where does this Norway data come from?
The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Foreign assets (real chained 2019 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Foreign assets (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
150 places, 3,820 data points, 1995–2020
Last refreshed

Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.