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Increase in Norway’s assets and liabilities
Norway’s net foreign assets increased from NOK 2 571 billion in 2011 to NOK 2 905 billion in 2012. This amounted to 100 per cent and 94 per cent of the GDP at the end of 2012 and the end of 2011 respectively.
| 2010 | 2011 | 20121 | |
|---|---|---|---|
| 1Prelimenary figures. | |||
| Norway's foreign assets | 6 896 | 7 295 | 7 848 |
| Direct investment | 1 107 | 1 242 | 1 317 |
| Portfolio investment | 4 289 | 4 442 | 4 990 |
| Equity securities | 2 392 | 2 399 | 2 790 |
| Debt securities | 1 897 | 2 043 | 2 201 |
| Other investment | 1 175 | 1 299 | 1 236 |
| Reserve assets | 326 | 312 | 304 |
| Norway's foreign liabilites | 4 628 | 4 724 | 4 943 |
| Direct investment | 1 028 | 1 094 | 1 180 |
| Portfolio investment | 1 967 | 2 043 | 2 204 |
| Equity securities | 512 | 453 | 492 |
| Debt securities | 1 455 | 1 591 | 1 711 |
| Other investment | 1 633 | 1 587 | 1 560 |
| Net foreign assets | 2 268 | 2 571 | 2 905 |
| Net foreign assets in per cent of GDP | 89 | 94 | 100 |


Norway’s foreign assets equalled NOK 7 848 billion at the end of 2012. This corresponds to an increase of 8 per cent from 2011. Norway’s portfolio investment abroad was equal to NOK 4 990 billion at the end of 2012, and amounted to 64 per cent of Norway’s total assets abroad.
Total liabilities were equal to NOK 4 943 billion at the end of 2012, which corresponds to an increase of 5 per cent from 2011. Portfolio investment from abroad was NOK 2 204 billion at the end of 2012, and thus equalled 45 per cent of total investment in Norway from abroad.
Planned changes in the national accounts statisticsOpen and readClose
New revised figures for national accounts and related statistics will be published in November and December 2014. Statistics Norway complies with international guidelines in its preparation of national accounts and statistics on foreign affairs. New international guidelines have now been issued for these statistics. Statistics Norway is currently in the process of implementing the changes, in addition to new source data for some of the statistics.
Additional information
The International Investment Position (IIP) is the balance sheet of the stock of external financial assets and liabilities.
Contact
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Linda Wietfeldt
E-mail: linda.wietfeldt@ssb.no
tel.: (+47) 21 09 44 33
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Eirin Totland
E-mail: eirin.totland@ssb.no
tel.: (+47) 21 09 45 20
