The financial system
Introduction
The report Norway’s Financial System provides a general overview of the financial system in Norway, its tasks and how these tasks are carried out.
The introduction provides an overall overview of all the components of the financial system.
Key figures for Norway's financial system
-
NOK 5127bn
Gross domestic product in Norway -
NOK 3855bn
GDP Mainland Norway -
175%
Debt-to-GDP ratio
Financial markets
Section 1
Section 1 describes the various markets: the money, bond, foreign exchange and equity markets, and the financial derivatives markets.
Key figures financial markets
-
NOK 2884bn
Total domestic bonds outstanding -
NOK 1972bn
Assets under management in mutual funds -
NOK 2550bn
Total assets of insurance companies
Financial institutions
Section 2
Section 2 discusses the most important financial institutions: banks, mortgage companies, insurance companies, pension schemes and various funds, etc in addition to Norges Bank, which itself is part of the financial system.
Key figures financial institutions
-
123
Number of banks -
NOK 6674bn
Loans from financial institutions to private individuals, businesses and local governments -
NOK 3488bn
Bank deposits
Financial infrastructure
Section 3
Section 3 describes the financial system infrastructure, which includes the payment system and systems for the payment and transfer of securities, foreign currency and derivatives.
Key figures financial infrastructure
-
550
Card transactions per capita per year -
724m
Online payments using Norwegian payment cards -
NOK 40bn
Cash in circulation
- Series:
- Norway's financial system
- Number:
- 2024
- Published:
- 29 August 2024 15:30