Total Credit — Value US$ in Norway
Norway: Total Credit — Value US$ was 668,158 million USD in 2024. ▲ Rising
Total Credit — Value US$ in Norway, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total credit — value us$ in Norway is 668,158 million USD, measured in 2024.
That represents a change of up 8.0% on the previous year and up 3.8% over ten years.
Over the whole period, total credit — value us$ in Norway peaked at 692,458 million USD in 2021 and was at its lowest, 167,548 million USD, in 2001.
That places Norway 16th out of 166 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Total Credit — Value US$ in Norway, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 167,548 million USD | — |
| 2002 | 200,473 million USD | +19.7% |
| 2003 | 244,501 million USD | +22.0% |
| 2004 | 278,581 million USD | +13.9% |
| 2005 | 330,367 million USD | +18.6% |
| 2006 | 337,042 million USD | +2.0% |
| 2007 | 431,088 million USD | +27.9% |
| 2008 | 554,404 million USD | +28.6% |
| 2009 | 494,800 million USD | -10.8% |
| 2010 | 550,184 million USD | +11.2% |
| 2011 | 626,591 million USD | +13.9% |
| 2012 | 629,095 million USD | +0.4% |
| 2013 | 653,363 million USD | +3.9% |
| 2014 | 643,452 million USD | -1.5% |
| 2015 | 535,024 million USD | -16.9% |
| 2016 | 537,782 million USD | +0.5% |
| 2017 | 583,595 million USD | +8.5% |
| 2018 | 626,662 million USD | +7.4% |
| 2019 | 610,613 million USD | -2.6% |
| 2020 | 601,213 million USD | -1.5% |
| 2021 | 692,458 million USD | +15.2% |
| 2022 | 654,739 million USD | -5.4% |
| 2023 | 618,442 million USD | -5.5% |
| 2024 | 668,158 million USD | +8.0% |
Norway compared with similar countries
- Norway's 668,158 million USD is above the median for high income countries, which is 78,085 million USD, 8.6× the median. (52 countries reporting)
- Norway's 668,158 million USD is above the median for Europe & Central Asia, which is 43,331 million USD, 15.4× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 337,645 million USD | 167,548 million USD | 554,404 million USD | 9 |
| 2010s | 599,636 million USD | 535,024 million USD | 653,363 million USD | 10 |
| 2020s | 647,002 million USD | 601,213 million USD | 692,458 million USD | 5 |
Countries ranked near Norway
- 13 Sweden 752,415 million USD compare
- 13 Syrian Arab Republic 2,243 million USD compare
- 14 Italy 720,288 million USD compare
- 14 Polynesia 1,100 million USD compare
- 15 Timor-Leste 439.9 million USD compare
- 15 United Kingdom of Great Britain and Northern Ireland 687,781 million USD compare
- 17 Saudi Arabia 661,765 million USD compare
- 18 Singapore 624,838 million USD compare
- 19 Denmark 587,924 million USD compare
More agriculture & rural data for Norway
- Agriculture, forestry, and fishing, value added (current US$), annual 2.39 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0164 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 1,553 current US$ per person (2025)
- Rural population, annual growth rate -0.7644 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.1643 units per person (2025)
- Share of GDP from agriculture 1.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 1.6% (2025)
- Agricultural raw materials exports 0.8% (2025)
- Agricultural raw materials imports 1.0% (2025)
Frequently asked questions
- What is total credit — value us$ in Norway?
- Total credit — value us$ in Norway was 668,158 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Norway?
- The highest recorded value was 692,458 million USD in 2021.
- What is the lowest total credit — value us$ recorded in Norway?
- The lowest recorded value was 167,548 million USD in 2001.
- How does Norway rank for total credit — value us$?
- Norway ranks 16th out of 166 countries with data for 2024.
- Is total credit — value us$ rising or falling in Norway?
- Over the last ten years it is up 3.8%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.