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 150 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
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$, in 1995.
Norway ranks 17th of 150 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign assets in Norway, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 145.53 billion real chained 2019 US$ | — |
| 1996 | 173.31 billion real chained 2019 US$ | +19.1% |
| 1997 | 192.20 billion real chained 2019 US$ | +10.9% |
| 1998 | 213.88 billion real chained 2019 US$ | +11.3% |
| 1999 | 266.16 billion real chained 2019 US$ | +24.4% |
| 2000 | 318.12 billion real chained 2019 US$ | +19.5% |
| 2001 | 336.17 billion real chained 2019 US$ | +5.7% |
| 2002 | 461.60 billion real chained 2019 US$ | +37.3% |
| 2003 | 557.74 billion real chained 2019 US$ | +20.8% |
| 2004 | 685.94 billion real chained 2019 US$ | +23.0% |
| 2005 | 779.44 billion real chained 2019 US$ | +13.6% |
| 2006 | 1.06 trillion real chained 2019 US$ | +36.3% |
| 2007 | 1.36 trillion real chained 2019 US$ | +28.1% |
| 2008 | 1.19 trillion real chained 2019 US$ | -12.7% |
| 2009 | 1.34 trillion real chained 2019 US$ | +13.2% |
| 2010 | 1.46 trillion real chained 2019 US$ | +8.6% |
| 2011 | 1.49 trillion real chained 2019 US$ | +2.1% |
| 2012 | 1.70 trillion real chained 2019 US$ | +14.2% |
| 2013 | 1.85 trillion real chained 2019 US$ | +8.5% |
| 2014 | 1.79 trillion real chained 2019 US$ | -3.3% |
| 2015 | 1.65 trillion real chained 2019 US$ | -7.8% |
| 2016 | 1.65 trillion real chained 2019 US$ | -0.0% |
| 2017 | 1.85 trillion real chained 2019 US$ | +12.2% |
| 2018 | 1.70 trillion real chained 2019 US$ | -8.1% |
| 2019 | 1.92 trillion real chained 2019 US$ | +13.0% |
| 2020 | 2.10 trillion real chained 2019 US$ | +9.5% |
Norway compared with similar countries
- Norway's 2.10 trillion real chained 2019 US$ is above the median for high income countries, which is 757.71 billion real chained 2019 US$, 2.8× the median. (51 countries reporting)
- Norway's 2.10 trillion real chained 2019 US$ is above the median for Europe & Central Asia, which is 144.24 billion real chained 2019 US$, 14.6× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 198.21 billion real chained 2019 US$ | 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
- 14 Spain 2.82 trillion real chained 2019 US$ compare
- 15 Belgium 2.59 trillion real chained 2019 US$ compare
- 16 Australia 2.35 trillion real chained 2019 US$ compare
- 18 South Korea 1.96 trillion real chained 2019 US$ compare
- 19 Sweden 1.95 trillion real chained 2019 US$ compare
- 20 United Arab Emirates 1.75 trillion real chained 2019 US$ compare
More reference data data for Norway
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3703 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3621 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0618 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.24 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7734 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.9 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3366 (2050)
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 150 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
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.