Net Foreign Assets (Local Currency) rose 12.3% to NOK -718 bil in Norway in 2024

Net Foreign Assets (Local Currency) (NOK bil), 2024
Banking | Norway | September 1, 2025
$2.99
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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