Net foreign assets rose 12.3% to NOK -718 bil in Norway in 2024, according to the National Central Bank.
Historically, net foreign assets in Norway reached an all time high of NOK 123 bil in 1995 and an all time low of NOK -1,107 bil in 2019. When compared to Norway's main peers, net foreign assets in Denmark amounted to DKK 1,203 bil, EUR 60.8 bil in Finland, ISK 371 bil in Iceland and SEK 587 bil in Sweden in 2024.
Norway has been ranked 121st within the group of 122 countries we follow in terms of net foreign assets, 42 places above the position seen 10 years ago.
Net Foreign Assets (Local Currency) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Australia | AUD bil | -360 | -138 | -462 | -720 | -712 | ||||||||||||||||
Denmark | DKK bil | 643 | 837 | 961 | 964 | 978 | ||||||||||||||||
Finland | EUR bil | 77.0 | 72.3 | 71.9 | 47.5 | 39.1 | ||||||||||||||||
Germany | EUR bil | 1,731 | 1,834 | 1,908 | 1,817 | 1,887 | ... | |||||||||||||||
Iceland | ISK bil | 424 | 490 | 459 | 433 | 295 | ||||||||||||||||
Indonesia | IDR bil | 1,442,536 | 1,506,619 | 1,711,188 | 1,809,776 | 1,898,235 | ||||||||||||||||
Netherlands | EUR bil | 218 | 267 | 284 | 284 | 332 | ||||||||||||||||
New Zealand | NZD bil | ... | ... | -80.0 | -90.8 | -100.0 | -106 | -105 | ||||||||||||||
Norway | NOK bil | -1,082 | -1,107 | -878 | -673 | -833 | ||||||||||||||||
Papua New Guinea | PGK bil | 7.02 | 7.67 | 5.23 | 8.68 | 12.0 | ... | |||||||||||||||
Russia | RUB bil | 39,910 | 41,051 | 52,376 | 53,648 | ... | ... | ... | ||||||||||||||
Sweden | SEK bil | 723 | 837 | 494 | 347 | 175 | ||||||||||||||||
United Kingdom | GBP bil | 396 | 281 | 218 | 225 | 298 |