Norway M3 Money Supply

Published:

Month-end amount of Norway's M3 money supply, in NOK billion, published by Statistics Norway.

Economic IndicatorsLow volatility

Full explanation

Norway M3 Money Supply is the amount of Norway's broadest money aggregate, M3, published monthly by Statistics Norway (SSB). M3 covers the money-holding sector's notes and coins, bank deposits and certain other liquid claims. The calendar figure is the month-end stock in NOK billion, not a growth rate.

Why traders watch it

Money supply gives a view of liquidity in the Norwegian economy.

Stronger vs weaker outcomes

Usually read for trend rather than surprise; large changes can reflect deposit flows.

Stronger than expected

A higher amount than the previous month means the money stock rose.

Weaker than expected

A lower amount means it fell.

In line with expectations

Higher means faster; lower means slower.

Release details

Release frequency
Monthly
Published by
NO

Typical volatility

Low. This is an amount, not a percentage change. It is a different statistic from the credit indicator (C2).

Trading considerations

  • Compare with the previous month to see the change.

Educational guidance only — never a trading signal or recommendation.

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