The money supply (M3) in Norway increased significantly between July 2018 and October 2021. As of October 2021, the money supply in Norway stood at more than 2.87 trillion Norwegian kronor.
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 October 2021
(in million NOK)
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Statistics Norway. (November 30, 2021). Monthly money supply (M3) in Norway from July 2018 to October 2021 (in million NOK) [Graph]. In Statista. Retrieved August 08, 2022, from https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/
Statistics Norway. "Monthly money supply (M3) in Norway from July 2018 to October 2021 (in million NOK)." Chart. November 30, 2021. Statista. Accessed August 08, 2022. https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/
Statistics Norway. (2021). Monthly money supply (M3) in Norway from July 2018 to October 2021 (in million NOK). Statista. Statista Inc.. Accessed: August 08, 2022. https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/
Statistics Norway. "Monthly Money Supply (M3) in Norway from July 2018 to October 2021 (in Million Nok)." Statista, Statista Inc., 30 Nov 2021, https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/
Statistics Norway, Monthly money supply (M3) in Norway from July 2018 to October 2021 (in million NOK) Statista, https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/ (last visited August 08, 2022)