Norway Money Supply M2  Forecast


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Money Supply M2 in Norway is expected to be 2118451.77 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in Norway to stand at 2117680.42 in 12 months time. In the long-term, the Norway Money Supply M2 is projected to trend around 2113987.70 NOK Million in 2020, according to our econometric models.


Norway Money Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 0.5 0.5 0.75 1 0.5 1.25
Interbank Rate 0.75 0.89 1.05 1.2 1.36 2.58
Money Supply M0 113093 110875 106012 101800 98170 81776
Money Supply M1 1926727 1888545 1882505 1876572 1870669 1818690
Money Supply M2 2134441 2118452 2118413 2118079 2117680 2113988
Foreign Exchange Reserves 520471 505230 504228 503243 502261 493569
Loans to Private Sector 1685105 1653924 1647009 1642188 1638567 1620002
Deposit Interest Rate -0.5 -0.47 -0.43 -0.38 -0.33 0.03
Lending Rate 1.5 1.57 1.74 1.94 2.15 3.57
Loan Growth 5.8 5.93 6.07 6.2 6.33 7.29
Private Debt to GDP 283 281 279 278 277 270
Central Bank Balance Sheet 8520620 8590830 8596395 8592856 8588360 8547074