Content
Published:
This is an archived release.
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.
General government debt is increasing most
Norway's foreign debt amounted to NOK 3 530 billion at the end of the 1st quarter of 2011. This is an increase of NOK 121 billion from the previous quarter. The increase was mainly due to an increase in central government debt.
General government increased its foreign debt by 12 per cent to NOK 631 billion. The increase is linked to the Government Pension Fund's (SPU) increased use of repurchase agreements and non-residents increased investments in debt securities issued in Norway.
Still the highest debt in other sectors
There was little change in banks and other sectors' foreign debt. They remain the largest contributors to Norway’s foreign debt with NOK 1 267 billion and NOK 1 213 billion in foreign debt respectively.
Revisions of the statisticsDirect investments for quarters in 2010 have been substantially revised since the previous publication. |
Shares and other equity are not included in the statistics. Published figures for external debt are according to the IMF's definition. |
Tables:
The statistics is now published as International accounts.
Additional information
The external debt position shows the gross debt for the main institutional sectors. Shares and other equity are not included in the statistics.
Contact
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Statistics Norway's Information Centre
E-mail: informasjon@ssb.no
tel.: (+47) 21 09 46 42