Makrognosis

Norway Money supply M3, money holding sector total, stocks (NOK million), , monthly

MonthlyNot seasonally adjustedCode NO.M3.M.NSA

Latest (y/y)6.9%September 2026
Previous (y/y)5.0%August 2026
Level3,635,562 NOK millionSeptember 2026

Norway Money supply M3, money holding sector total, stocks (NOK million), , monthly was up 6.9% year on year in September 2026, compared with 5.0% in August 2026.

The level stood at 3,635,562 NOK million.

Over the past ten years it has ranged from −1.9% (Jun 2023) to 14.3% (Feb 2021), averaging 6.2%.

Norway Money supply M3, money holding sector total, stocks (NOK million), , monthly, annual % change, Jan 2009 – Sep 2026−5%0%5%10%15%2010201520202025Robomacro
Norway Money supply M3, money holding sector total, stocks (NOK million), , monthly, annual % change, Jan 2009 – Sep 2026. Source: Statistics Norway (SSB).
Norway Money supply M3, money holding sector total, stocks (NOK million), , monthly, level (NOK million)1.0M1.5M2.0M2.5M3.0M3.5M2010201520202025Robomacro
Norway Money supply M3, money holding sector total, stocks (NOK million), , monthly, level (NOK million).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 20263,635,562 NOK million6.9
August 20263,617,420 NOK million5.0
July 20263,645,470 NOK million5.5
June 20263,657,015 NOK million6.9
May 20263,611,682 NOK million6.6
April 20263,575,900 NOK million7.7
March 20263,566,837 NOK million7.6
February 20263,498,759 NOK million7.9
January 20263,474,844 NOK million6.5
December 20253,422,209 NOK million7.2
November 20253,446,578 NOK million5.5
October 20253,407,712 NOK million6.1
September 20253,401,766 NOK million6.7
August 20253,444,530 NOK million7.1
July 20253,455,340 NOK million6.9
June 20253,422,154 NOK million5.8
May 20253,388,001 NOK million6.1
April 20253,319,069 NOK million6.5
March 20253,315,884 NOK million6.1
February 20253,242,025 NOK million6.1
January 20253,263,140 NOK million4.8
December 20243,192,854 NOK million3.4
November 20243,266,973 NOK million4.4
October 20243,211,517 NOK million3.9

Last 24 observations. The full history (225 observations) is available through the API.

Get Norway Money supply M3, money holding sector total, stocks (NOK million), , monthly in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/NO.M3.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/NO.M3.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2008
Observations225
FrequencyMonthly
UnitsNOK million
AdjustmentNot seasonally adjusted
10-year high14.3% (Feb 2021)
10-year low−1.9% (Jun 2023)
10-year average6.2%
Source agencyStatistics Norway (SSB)
Makrognosis codeNO.M3.M.NSA

Other Norway indicators

Norway GDP (Gross Domestic Product)Norway GDP (total, incl. petroleum and ocean transport), current prices, seasonally adjusted (NOK million), quarterly (SSB 09190)Norway Inflation Rate (CPI)Norway Core Inflation RateNorway Unemployment RateNorway 10-Year Government Bond YieldNorway Credit Rating & Sovereign Risk ScoreNorway Industrial ProductionNorway Retail SalesNorway Producer Price Inflation (PPI)Norway Current account balance, current prices (NOK million), , quarterly NSANorway Trade Balance: Goods & ServicesNorway Total exports of goods (NOK million), , monthly NSANorway Total imports of goods (NOK million), , monthly NSANorway Government Debt to GDPNorway Employment

FAQ

What is the current money supply M3, money holding sector total, stocks (NOK million), , monthly in Norway?
The latest reading is 6.9% year on year for September 2026, published by Statistics Norway (SSB).
Where does this data come from?
It is collected directly from Statistics Norway (SSB) and is available through the Makrognosis API under the code NO.M3.M.NSA.

Last updated 2026-10-28. Source: Statistics Norway (SSB). Original title: “Money supply M3, money holding sector total, stocks (NOK million), Norway, monthly”.