Norway—Broad Money (% of GDP)
Norway's broad money (% of gdp) was 61.4% in 2024, ranking #67 out of 145 countries. This represents a +1.6% change from 2023. Over the past 25 years, the highest recorded value was 76.1% (2020) and the lowest was 48.0% (2000). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 61.4% | +1.6% |
| 2023 | 60.5% | +12.9% |
| 2022 | 53.6% | -20.4% |
| 2021 | 67.3% | -11.5% |
| 2020 | 76.1% | +16.5% |
| 2019 | 65.3% | +3.4% |
| 2018 | 63.2% | -2.3% |
| 2017 | 64.6% | -0.5% |
| 2016 | 65.0% | +11.7% |
| 2015 | 58.2% | -4.4% |
| 2014 | 60.8% | +3.7% |
| 2013 | 58.6% | +3.0% |
| 2012 | 56.9% | -1.6% |
| 2011 | 57.8% | -1.3% |
| 2010 | 58.6% | -0.3% |
| 2009 | 58.8% | +8.4% |
| 2008 | 54.2% | -7.2% |
| 2007 | 58.4% | +11.3% |
| 2006 | 52.5% | -4.2% |
| 2005 | 54.7% | -1.0% |
| 2004 | 55.3% | -3.0% |
| 2003 | 57.0% | -1.6% |
| 2002 | 57.9% | +7.6% |
| 2001 | 53.8% | +12.2% |
| 2000 | 48.0% |
Top Countries — Broad Money (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Hong Kong SAR, China | 453.9% | 2024 |
| 2 | Japan | 267.4% | 2024 |
| 3 | China | 227.5% | 2024 |
| 4 | Macao SAR, China | 196.8% | 2024 |
| 5 | Korea, Rep. | 162.7% | 2024 |
| 6 | Singapore | 148.6% | 2020 |
| 7 | United Kingdom | 142.3% | 2024 |
| 8 | Thailand | 141.7% | 2024 |
| 9 | Mauritius | 140.5% | 2024 |
| 10 | Viet Nam | 136.3% | 2022 |
About This Indicator
Definition
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD).