Foreign liabilities in Norway
Norway: Foreign liabilities was 969.49 billion real chained 2019 US$ in 2020. ◆ Volatile
Latest (2020)
969.49 billion real chained 2019 US$
Change on year
up 5.4%
World rank
26th
of 150 countries
All-time high
1.12 trillion real chained 2019 US$
in 2012
All-time low
136.79 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Foreign liabilities in Norway, 1995–2020
Source: World Bank. Measured in real chained 2019 US$.
Analysis
In 2020, foreign liabilities in Norway stood at 969.49 billion real chained 2019 US$.
The figure is up 5.4% on the previous year and down 3.0% over ten years.
Over the whole period, foreign liabilities in Norway peaked at 1.12 trillion real chained 2019 US$ in 2012 and was at its lowest, 136.79 billion real chained 2019 US$, in 1995.
That places Norway 26th out of 150 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign liabilities in Norway, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 136.79 billion real chained 2019 US$ | — |
| 1996 | 162.75 billion real chained 2019 US$ | +19.0% |
| 1997 | 175.68 billion real chained 2019 US$ | +7.9% |
| 1998 | 187.94 billion real chained 2019 US$ | +7.0% |
| 1999 | 210.85 billion real chained 2019 US$ | +12.2% |
| 2000 | 249.53 billion real chained 2019 US$ | +18.3% |
| 2001 | 249.67 billion real chained 2019 US$ | +0.1% |
| 2002 | 334.55 billion real chained 2019 US$ | +34.0% |
| 2003 | 403.18 billion real chained 2019 US$ | +20.5% |
| 2004 | 511.44 billion real chained 2019 US$ | +26.9% |
| 2005 | 556.62 billion real chained 2019 US$ | +8.8% |
| 2006 | 794.22 billion real chained 2019 US$ | +42.7% |
| 2007 | 1.07 trillion real chained 2019 US$ | +34.2% |
| 2008 | 922.48 billion real chained 2019 US$ | -13.4% |
| 2009 | 944.99 billion real chained 2019 US$ | +2.4% |
| 2010 | 999.12 billion real chained 2019 US$ | +5.7% |
| 2011 | 991.01 billion real chained 2019 US$ | -0.8% |
| 2012 | 1.12 trillion real chained 2019 US$ | +12.9% |
| 2013 | 1.11 trillion real chained 2019 US$ | -1.2% |
| 2014 | 982.23 billion real chained 2019 US$ | -11.2% |
| 2015 | 873.08 billion real chained 2019 US$ | -11.1% |
| 2016 | 858.80 billion real chained 2019 US$ | -1.6% |
| 2017 | 920.11 billion real chained 2019 US$ | +7.1% |
| 2018 | 878.88 billion real chained 2019 US$ | -4.5% |
| 2019 | 920.04 billion real chained 2019 US$ | +4.7% |
| 2020 | 969.49 billion real chained 2019 US$ | +5.4% |
Norway compared with similar countries
- Norway's 969.49 billion real chained 2019 US$ is above the median for high income countries, which is 606.03 billion real chained 2019 US$, 1.6× the median. (51 countries reporting)
- Norway's 969.49 billion real chained 2019 US$ is above the median for Europe & Central Asia, which is 231.19 billion real chained 2019 US$, 4.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 174.80 billion real chained 2019 US$ | 136.79 billion real chained 2019 US$ | 210.85 billion real chained 2019 US$ | 5 |
| 2000s | 603.25 billion real chained 2019 US$ | 249.53 billion real chained 2019 US$ | 1.07 trillion real chained 2019 US$ | 10 |
| 2010s | 964.86 billion real chained 2019 US$ | 858.80 billion real chained 2019 US$ | 1.12 trillion real chained 2019 US$ | 10 |
| 2020s | 969.49 billion real chained 2019 US$ | 969.49 billion real chained 2019 US$ | 969.49 billion real chained 2019 US$ | 1 |
Countries ranked near Norway
- 23 Austria 1.04 trillion real chained 2019 US$ compare
- 24 Russia 1.02 trillion real chained 2019 US$ compare
- 25 Finland 1.01 trillion real chained 2019 US$ compare
- 27 Portugal 700.35 billion real chained 2019 US$ compare
- 28 Greece 679.21 billion real chained 2019 US$ compare
- 29 Indonesia 671.56 billion 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 liabilities in Norway?
- Foreign liabilities in Norway was 969.49 billion real chained 2019 US$ in 2020, according to the World Bank.
- What is the highest foreign liabilities recorded in Norway?
- The highest recorded value was 1.12 trillion real chained 2019 US$ in 2012.
- What is the lowest foreign liabilities recorded in Norway?
- The lowest recorded value was 136.79 billion real chained 2019 US$ in 1995.
- How does Norway rank for foreign liabilities?
- Norway ranks 26th out of 150 countries with data for 2020.
- Is foreign liabilities rising or falling in Norway?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from the World Bank, published as part of Foreign liabilities (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).