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Monthly money supply (M3) in Norway 2018-2020

Published by F. Norrestad, Sep 25, 2020
The money supply (M3) in Norway made a significant jump in March 2020, when increased from around 2.37 trllion Norwegian kronor the previous month up to around 2.49 trillion Norwegian kroner in March.

M3, called the "broad money", is the sum of M1 (currency in circulation and overnight deposits), M2 (M1 plus deposits with maturity of maximum two years and deposits redeemable at notice of maximum three months), and marketable instruments issued by Monetary Financial Institutions such as repurchase instruments or money market fund units.

Monthly money supply (M3) in Norway from July 2018 to July 2020 (in million NOK)

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Source

Release date

August 2020

Region

Norway

Survey time period

July 2018 to July 2020

Special properties

Refers to stock by the end of the month

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