Foreword by the Governor
Norges Bank performs critical national missions. As Norway's central bank, we are tasked with maintaining monetary stability, promoting financial stability and an efficient and secure payment system, and managing the Government Pension Fund Global.
Key figures
-
The policy rate was reduced to
4.0%
in 2025 -
The countercyclical capital buffer rate remained stable at
2,5 %
through 2025 -
The Government Pension Fund Global's value was
21 268bn
NOK at year-end 2025
Annual Report of the Executive Board
Annual reports
The Executive Board shall ensure sound, effective and
efficient organisation of the Bank.
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.
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.
Financial statements
Financial statements
Norges Bank's balance sheet total at year-end 2025 was NOK 22 198bn. The Bank's total comprehensive income for 2025 showed a loss of NOK 26,2bn.
See also
- Series:
- Annual Report
- Number:
- 2025
- Published:
- 27 February 2026 10:00