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/en/utenriksokonomi/statistikker/brutgjeld/kvartal
15797
The banks have the largest foreign debt
statistikk
2010-06-17T10:00:00.000Z
External economy
en
brutgjeld, External debt position, loan debt, gross debt, debtForeign assets and liabilities , External economy
false

External debt position, Q1 2010

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The External debt statistics were subject to a major review in 2013 dating back to 2005. Text and tables in this publication contain errors. Updated figures are available in StatBank.

The banks have the largest foreign debt

Norway's external debt amounted to NOK 3 339 billion at the end of the first quarter 2010. This is NOK 130 billion higher than at the end of the fourth quarter in 2009.

External debt by 4th quarter 2009 and 1st quarter 2010 in NOK billion.

The banks had the largest share of Norway’s total foreign debt (38 per cent), with NOK 1 275 billion at the end of first quarter 2010. Non-residents’ deposits in Norwegian banks and long-term foreign debt in bonds and notes were the most important debt instruments. “Other sectors” (non-bank financial enterprises, non-financial enterprises, households and non-profit institutions serving households) had 35 per cent of Norway’s total foreign debt, which amounted to NOK 1 180 billion at the end of first quarter 2010. There was an increase in the long-term debt in bonds and notes for “other sectors”, where the mortgage companies had the largest impact on the increase.

The main purpose of the statistics is to fulfil Norway’s obligations with regard to the International Monetary Fund (IMF) and to disseminate figures on the external debt position according to IMF’s definition. Shares and other equity capital are not included in external debt.

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