The money supply (M3) in Norway increased significantly between July 2018 and May 2023. As of May 2023, the money supply in Norway stood at more than 3.15 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 May 2023
(in million NOK)
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Statistics Norway. (July 26, 2023). Monthly money supply (M3) in Norway from July 2018 to May 2023 (in million NOK) [Graph]. In Statista. Retrieved December 27, 2024, 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 May 2023 (in million NOK)." Chart. July 26, 2023. Statista. Accessed December 27, 2024. https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/
Statistics Norway. (2023). Monthly money supply (M3) in Norway from July 2018 to May 2023 (in million NOK). Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/
Statistics Norway. "Monthly Money Supply (M3) in Norway from July 2018 to May 2023 (in Million Nok)." Statista, Statista Inc., 26 Jul 2023, https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/
Statistics Norway, Monthly money supply (M3) in Norway from July 2018 to May 2023 (in million NOK) Statista, https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/ (last visited December 27, 2024)
Monthly money supply (M3) in Norway from July 2018 to May 2023 (in million NOK) [Graph], Statistics Norway, July 26, 2023. [Online]. Available: https://www.statista.com/statistics/1117867/monthly-money-supply-m1-in-norway/