Norges Bank

Annual Report 2024

Publication

Foreword by the Governor

Norway is a small and open economy, affected by events around us. In Norges Bank, we stand prepared to fulfil our mission, also in turbulent times.

Read the foreword

Key figures

  • The policy rate remained stable at

    4.5 %
    through 2024

  • The countercyclical capital buffer rate remained stable at

    2.5 %
    through 2024

  • The Government Pension Fund Global's value was

    19 742bn
    NOK at year-end 2024

Annual Report of the Executive Board

Annual reports

The Executive Board shall ensure sound, effective and 
efficient organisation of the Bank. 

About the Executive Board

Read the Annual Report of the Executive Board

Norges Bank’s Monetary Policy and Financial Stability Committee

Annual reports

The Monetary Policy and Financial Stability Committee is responsible for Norges Bank’s role as the executive and advisory monetary policy authority and is also tasked with promoting financial stability.

Read the Committee's Annual Report

Corporate social responsibility and sustainability

Corporate social responsibility

This section provides an overview of Norges Bank’s work on key sustainability topics. Among other things, it discusses what the Bank does to ensure a sound working environment and promote diversity and gender equality and describes the Bank’s work on climate risk and climate impact.

Read the chapter

Financial statements

Financial statements

Norges Bank's balance sheet total at year-end 2024 was NOK 20 722bn. The Bank's total comprehensive income for 2024 showed a gain of NOK 95,1bn.

See financial statements
Series:
Annual Report
Number:
2024
Published:
25 February 2025 10:00