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Monthly money supply (M1) in Norway from July 2018 to May 2023 (in million NOK)

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Source

Release date

July 2023

Region

Norway

Survey time period

July 2018 toMay 2023

Supplementary notes

Release date is date of access.

Citation formats

Monthly money supply (M1) in Norway 2018-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Jul 26, 2023
The money supply (M1) in Norway increased significantly since the start of 2020. The supply jumped from around **** trillion Norwegian kroner in February 2020, to around **** trillion Norwegian kroner in May 2023.The money supply is the amount of monetary assets available in an economy. M1, called the "narrow money", includes currency in circulation (banknotes and coins) and overnight deposits. It depicts the value of the most liquid components of the money supply.
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