Norges Bank

Norway's financial system 2025

Report

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.

Read the introduction

Key figures for Norway's financial system

  • NOK 5197bn
    Gross domestic product in Norway

  • NOK 4050bn
    GDP Mainland Norway

  • 144%
    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.

Read section 1

Key figures financial markets

  • NOK 3194bn
    Total domestic bonds outstanding

  • NOK 5452bn
    Assets under management in mutual funds

  • NOK 2820bn
    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.

Read section 2

Key figures financial institutions

  • 115
    Number of banks

  • NOK 6886bn
    Loans from financial institutions to private individuals, businesses and local governments

  • NOK 3672bn
    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.

Read section 3

Key figures financial infrastructure

  • 545
    Card transactions per capita per year

  • NOK 38bn
    Cash in circulation

Series:
Norway's financial system
Number:
2025
Published:
21 August 2025 15:00