Statistikk innhold

Statistics on

Securities

The securities statistics provide a current overview of the issue and ownership of securities registered in VPS as well as Norwegian entities' debt securities abroad. Parts of the data basis are also input to the national accounts, balance of payments, financial sector accounts and credit indicators.

Updated: 22 May 2025
Next update: 22 August 2025

Selected figures from the statistics

  • Stocks of securities registered with Verdipapirsentralen by type of security. NOK billion and per cent
    Stocks of securities registered with Verdipapirsentralen by type of security. NOK billion and per cent
    1st quarter 20244th quarter 20241st quarter 2025Changes in per cent
    4th quarter 2024 - 1st quarter 20251st quarter 2024 - 1st quarter 2025
    Stocks (market value)
    Shares (listed)3 8853 6793 8454.5-1.0
    Equity certificates1111271345.721.4
    Long-term debt securities2 9503 1943 2592.010.5
    Short-term debt securities1521461609.95.0
    Total7 0987 1467 3983.54.2
    Explanation of symbols
  • Stocks of securities registered with Verdipapirsentralen, by holding sector and type of security. Market value. NOK million
    Stocks of securities registered with Verdipapirsentralen, by holding sector and type of security. Market value. NOK million
    1st quarter 2025
    Shares (listed)Equity certificatesLong-term debt securitiesShort-term debt securities
    Total3 844 601134 4503 258 917160 018
    Non-financial corporations496 62515 64563 82229 013
    Public unincorporated enterprises, owned by central government0000
    Public incorporated enterprises, owned by central government26 128816 80027 321
    Public unincorporated enterprises, owned by local government50540
    Public incorporated enterprises, owned by local government5129012 2621 537
    Private non-financial incorporated enterprises469 78115 44831 549155
    Private non-financial unincorporated enterprises731820
    Private non-profit institutions serving enterprises126823 1550
    Financial corporations489 04867 4511 789 195100 062
    Norges Bank10000
    Banks12 0712 562781 31626 355
    Mortgage companies0694 07216 498
    Finance companies001700
    State lending institutions etc.0000
    Financial holding companies2 14242 9980
    Mutual funds257 69013 480333 79731 709
    Alternative investment funds (AIF) excluding mutal funds5 2055401 3170
    Other financial enterprises, except insurance companies and pension funds179 77645 24811 8357 682
    Life insurance companies and pension funds31 1635 312493 60814 997
    Non-life insurance companies99329870 0822 821
    General government1 177 266277151 45813 288
    Central government1 177 0132143 03113 285
    Local government2532758 4273
    Non-profit institutions serving households8 4205 7886 967..
    Households182 99521 5538 513..
    Unincorporated enterprises within households16120
    Private non-financial unincorporated enterprises inclusive housing cooperatives etc.0000
    Employees, recipients of property income, pensions and social contributions, students etc.182 97921 5528 511..
    Rest of the world1 490 17723 7221 238 94917 655
    Unspecified sector7114120
    Explanation of symbols
  • Net purchases of securities registered with Verdipapirsentralen, by purchasing sector and type of security. Market value. NOK million
    Net purchases of securities registered with Verdipapirsentralen, by purchasing sector and type of security. Market value. NOK million
    1st quarter 2025
    Shares (listed)Equity certificatesLong-term debt securities issued in NorwayShort-term debt securities issued in Norway
    Total-6 222082 07414 125
    Non-financial corporations1 632193-1 1464 529
    Public unincorporated enterprises, owned by central government0000
    Public incorporated enterprises, owned by central government5 8632-4455 418
    Public unincorporated enterprises, owned by local government..040
    Public incorporated enterprises, owned by local government9-1-285-765
    Private non-financial incorporated enterprises-4 236195-472-123
    Private non-financial unincorporated enterprises-2000
    Private non-profit institutions serving enterprises-2-2530
    Financial corporations-4 9808534 6198 883
    Norges Bank..000
    Banks538-17011 0256 635
    Mortgage companies0..-12 3653 954
    Finance companies00-60
    State lending institutions etc.0000
    Financial holding companies218..2 4050
    Mutual funds-2 82236037 216-1 919
    Alternative investment funds (AIF) excluding mutal funds-250-8-710
    Other financial enterprises, except insurance companies and pension funds-2 505-10071149
    Life insurance companies and pension funds-14835-3 6891 787
    Non-life insurance companies-10-33-608-1 623
    General government-2 983-2-3 978-2 064
    Central government-2 971..-3 978-2 064
    Local government-12-200
    Non-profit institutions serving households130-5720-39
    Households-1 85860-249-40
    Unincorporated enterprises within households0....0
    Private non-financial unincorporated enterprises inclusive housing cooperatives etc.0..00
    Employees, recipients of property income, pensions and social contributions, students etc.-1 85960-249-40
    Rest of the world1 834-33052 1072 855
    Unspecified sector30..0
    Explanation of symbols
  • Paid out dividends on listed shares registered with Verdipapirsentralen, by paying sector. NOK million
    Paid out dividends on listed shares registered with Verdipapirsentralen, by paying sector. NOK million
    2nd quarter 20243rd quarter 20244th quarter 20241st quarter 2025
    Total126 30543 60465 56745 958
    Non-financial corporations86 00938 25459 58834 799
    Public unincorporated enterprises, owned by central government0000
    Public incorporated enterprises, owned by central government30 13220 51828 62421 302
    Public unincorporated enterprises, owned by local government0000
    Public incorporated enterprises, owned by local government0000
    Private non-financial incorporated enterprises55 87717 73630 96413 497
    Private non-financial unincorporated enterprises0000
    Private non-profit institutions serving enterprises0000
    Financial corporations33 4381652215 329
    Norges Bank0000
    Banks26 546......
    Mortgage companies0000
    Finance companies0000
    State lending institutions etc.0000
    Financial holding companies1 817......
    Mutual funds0000
    Alternative investment funds (AIF) excluding mutal funds0000
    Other financial enterprises, except insurance companies and pension funds535..221..
    Life insurance companies and pension funds0000
    Non-life insurance companies4 540165..5 329
    General government0000
    Central government0000
    Local government0000
    Non-profit institutions serving households0000
    Households0000
    Unincorporated enterprises within households0000
    Private non-financial unincorporated enterprises inclusive housing cooperatives etc.0000
    Employees, recipients of property income, pensions and social contributions, students etc.0000
    Rest of the world6 8595 1855 7585 830
    Explanation of symbols
  • Paid out dividends on listed shares registered with Verdipapirsentralen, by receiving sector. NOK million
    Paid out dividends on listed shares registered with Verdipapirsentralen, by receiving sector. NOK million
    2nd quarter 20243rd quarter 20244th quarter 20241st quarter 2025
    Total126 30543 60465 56745 958
    Non-financial corporations18 6787 15511 6784 080
    Public unincorporated enterprises, owned by central government0000
    Public incorporated enterprises, owned by central government........
    Public unincorporated enterprises, owned by local government........
    Public incorporated enterprises, owned by local government18......
    Private non-financial incorporated enterprises18 5667 13711 6754 079
    Private non-financial unincorporated enterprises2111
    Private non-profit institutions serving enterprises921811
    Financial corporations16 9842 9234 6595 482
    Norges Bank1......
    Banks2448812354
    Mortgage companies0000
    Finance companies0000
    State lending institutions etc.0000
    Financial holding companies........
    Mutual funds8 9852 0683 5691 742
    Alternative investment funds (AIF) excluding mutal funds156354531
    Other financial enterprises, except insurance companies and pension funds6 6804865083 390
    Life insurance companies and pension funds886242407258
    Non-life insurance companies32575
    General government37 20515 70422 14016 410
    Central government37 19515 70322 13816 408
    Local government10121
    Non-profit institutions serving households261356238
    Households5 3831 7823 4082 213
    Unincorporated enterprises within households........
    Private non-financial unincorporated enterprises inclusive housing cooperatives etc.0000
    Employees, recipients of property income, pensions and social contributions, students etc.5 3821 7823 4082 213
    Rest of the world47 74915 95323 57817 709
    Unspecified sector46514227
    Explanation of symbols
  • Issues of debt securities, by issuing sectors. Face values in NOK million
    Issues of debt securities, by issuing sectors. Face values in NOK million
    1st quarter 20242nd quarter 20243rd quarter 20244th quarter 20241st quarter 2025
    Debt securities issued in Norway
    Long-term debt securities issued in Norway246 806225 190157 236220 906380 223
    - domestic issuers229 212173 340123 122174 906334 413
    Short-term debt securities issued in Norway96 34495 50883 54174 73195 021
    - domestic issuers96 34495 27883 54174 73195 021
    Debt securities issued by Norwegian entities abroad
    Long-term debt securities issued abroad102 14098 42034 45488 732146 290
    Sertifikater emittert i utlandet190 492180 325353 682480 337231 918
    Non-financial corporations
    Long-term debt securities issued in Norway21 80649 69435 35021 54962 495
    Long-term debt securities issued abroad17 33117 29259921 31611 609
    Short-term debt securities issued in Norway12 01117 81310 5738 14216 475
    Short-term debt securities issued abroad55 68838 69544 940139 47927 283
    Financial corporations
    Long-term debt securities issued in Norway143 98363 88560 149122 941197 276
    Long-term debt securities issued abroad84 80981 12833 85567 415134 682
    Short-term debt securities issued in Norway3 3707001 3602 7503 000
    Short-term debt securities issued abroad134 803141 630308 742340 857204 636
    General government
    Long-term debt securities issued in Norway63 42459 76127 62430 41674 641
    Long-term debt securities issued abroad00000
    Short-term debt securities issued in Norway80 96376 76671 60863 83975 546
    Short-term debt securities issued abroad00000
    Rest of the world
    Long-term debt securities issued in Norway17 59451 84934 11446 00045 810
    Short-term debt securities issued in Norway023000.
    Explanation of symbols
  • Debt securities, by issuing sectors. Outstanding amounts. Face values in NOK million
    Debt securities, by issuing sectors. Outstanding amounts. Face values in NOK million
    1st quarter 20242nd quarter 20243rd quarter 20244th quarter 20241st quarter 2025
    Debt securities issued in Norway
    Long-term debt securities issued in Norway2 998 7863 068 8453 117 8353 235 2683 302 884
    - domestic issuers2 517 4132 582 5162 614 8122 748 1212 803 095
    Stort-term debt securities issued in Norway153 423157 170153 929146 426160 837
    - domestic issuers153 417156 940153 699146 426160 837
    Debt securities issued by Norwegian entities abroad
    Long-term debt securities issued abroad2 104 0062 108 3682 121 3072 168 5852 148 423
    Stort-term debt securities issued abroad398 011330 589414 030505 717342 629
    Non-financial corporations
    Long-term debt securities issued in Norway418 529447 331456 970457 866484 115
    Long-term debt securities issued abroad560 482567 078570 430591 968561 209
    Stort-term debt securities issued in Norway15 60120 66117 1608 36017 895
    Stort-term debt securities issued abroad4 7182 06411 80647 07311 130
    Financial corporations
    Long-term debt securities issued in Norway1 392 8841 379 9791 387 2761 497 1361 528 507
    Long-term debt securities issued abroad1 543 5241 541 2911 550 8781 576 6171 587 215
    Stort-term debt securities issued in Norway5 4005 1005 2804 9304 460
    Stort-term debt securities issued abroad393 293328 525402 224458 644331 499
    Central government
    Long-term debt securities issued in Norway702 000751 207766 567789 120786 473
    Long-term debt securities issued abroad00000
    Stort-term debt securities issued in Norway132 417131 180131 259133 137138 483
    Stort-term debt securities issued abroad00000
    Rest of the world
    Long-term debt securities issued in Norway481 373486 329503 023487 147499 789
    Stort-term debt securities issued in Norway62302300.
    Explanation of symbols
  • Debt securities. Issues, redemptions, gross changes and outstanding amounts, by issuing sector. Face values in NOK million
    Debt securities. Issues, redemptions, gross changes and outstanding amounts, by issuing sector. Face values in NOK million
    1st quarter 2025
    Opening balanceIssues (face value) (NOK million)Redemptions (NOK million)Changes in sector classification and exchange rates (NOK million)Closing balance
    Debt securities issued in Norway and by Norwegian entities abroad6 055 998853 453-823 589-131 0875 954 775
    - Norwegian entitites5 568 849807 642-799 181-122 3265 454 984
    Debt securities issued in Norway3 381 694475 244-377 669-15 5483 463 721
    - Norwegian entitites2 894 547429 434-353 260-6 7892 963 932
    Non-financial corporations
    Long-term debt securities issued in Norway457 86662 495-29 581-6 665484 115
    Long-term debt securities issued abroad591 96811 609-12 391-29 977561 209
    Short-term debt securities issued in Norway8 36016 475-6 940017 895
    Short-term debt securities issued abroad47 07327 283-63 052-17411 130
    Financial corporations
    Long-term debt securities issued in Norway1 497 136197 276-165 779-1261 528 507
    Long-term debt securities issued abroad1 576 617134 682-59 493-64 5911 587 215
    Short-term debt securities issued in Norway4 9303 000-3 47004 460
    Short-term debt securities issued abroad458 644204 636-310 985-20 796331 499
    Central government
    Long-term debt securities issued in Norway789 12074 641-77 2880786 473
    Long-term debt securities issued abroad00000
    Short-term debt securities issued in Norway133 13775 546-70 2011138 483
    Short-term debt securities issued abroad00000
    Rest of the world
    Long-term debt securities issued in Norway487 14745 810-24 409-8 759499 789
    Short-term debt securities issued in Norway0....
    Explanation of symbols
  • Debt securities issued in Norway, by borrowing sectors and remaining maturity. Outstanding amounts at face value (NOK million)
    Debt securities issued in Norway, by borrowing sectors and remaining maturity. Outstanding amounts at face value (NOK million)
    <= 1 year> 1 year <= 2 years> 2 years <= 5 years> 5 years <= 10 years> 10 years <= 20 years> 20 yearsTotal
    Original maturity
    Outstanding amounts in total from debt securities issued in Norway161 063124 6771 322 3201 049 465696 156110 0403 463 721
    Non-financial corporations17 8952 732221 899198 44949 77011 265502 010
    Banks1 400250160 284169 03941 30539 415411 893
    Other financial corporations3 060103 000537 179391 46960 40925 9571 121 074
    Central government and social security funds59 087023 98070 680473 71120 850648 308
    Local government79 39617 10495 39356 81127 705240276 649
    Non-profit institutions serving households
    Households
    Rest of the world261 591283 584163 01743 2568 314499 788
    Remaining maturity
    Outstanding amounts in total from debt securities issued in Norway673 122689 2691 383 685538 06996 04383 5333 463 721
    Non-financial corporations81 55587 557237 14784 9862 8507 915502 010
    Banks57 84178 360176 38857 2912 60039 412411 892
    Other financial corporations215 940325 366504 39441 8279 19024 3571 121 074
    Central government and social security funds127 23067 228109 565272 48971 796.648 308
    Local government120 08240 52484 35328 6393 050.276 648
    Non-profit institutions serving households00....0
    Households00....0
    Rest of the world70 47490 234271 83852 8366 5577 849499 788
    Explanation of symbols
  • Outstanding amounts from debt securities issued abroad by domestic borrowing sectors and maturity. Outstanding amounts at face value in NOK million.
    Outstanding amounts from debt securities issued abroad by domestic borrowing sectors and maturity. Outstanding amounts at face value in NOK million.
    <= 1 year> 1 year <= 2 years> 2 years <= 5 years> 5 years <= 10 years> 10 years <= 20 years> 20 yearsTotal
    Original maturity
    Outstanding amounts in total from debt securities issued by Norwegian entities abroad342 6293 133677 484894 941372 493200 3732 491 053
    Non-financial corporations11 130037 220215 211180 439218 692572 340
    Banks327 1413 133224 989122 19316 4867 071701 013
    Other financial corporations4 3580415 275557 536175 56864 9631 217 700
    Remaining maturity
    Outstanding amounts in total from debt securities issued by Norwegian entities abroad672 651328 571886 215419 071123 37261 1712 491 051
    Non-financial corporations59 29159 681144 253200 57065 80842 737572 340
    Banks406 73485 558192 0439 5136 0141 153701 015
    Other financial corporations206 627183 332549 920208 98851 55117 2811 228 201
    Explanation of symbols

About the statistics

The information under «About the statistics» was last updated 8 April 2024.

Euronext VPS (Verdipapirsentralen) is the only central securities depository in Norway and handles the settlement of transactions in securities and the registration of ownership rights over securities.

Types of securities:

Listed shares entails shares listed for trade at the Oslo Stock Exchange (OSE), Euronext Expand or Euronext Growth.

Unlisted shares entails shares not listed for trade at an exchange, do not have a listed market price, and are therefore usually less liquid.

Equity certificates are special kind of equity instrument issued by savings banks and mutual insurance companies. Equity certificates are very similar to shares, but differ with regards to ownership rights and influence in the company.

Long-term debt securities are debt securities with a duration longer than one year that can be divided between several lenders as standardized partial long-term debt securities without the borrower's approval. A long-term debt security is a negotiable financial instrument.

Short-term debt securities are debt securities with duration less than one year.

An issue is the opening of a new loan.

The issuer is the institutional owner who raised the loan and registers it in his balance sheet (the original borrower). The institutional owner is not always an individual legal entity.

The borrower is the institution registering the loan in his balance sheet. This institution may differ from the issuing institution as a result of mergers, demergers, bankruptcies etc.

Valuation:

The market values of the stocks of securities in Norway are determined by available prices. For listed securities, they will mainly be market prices from the Oslo Stock Exchange and Euronext.

Transaction prices are based upon information about actual payments registered in the VPS, or calculated amounts if no actual payments are available. Where no actual payments are specified, market prices from OSE are used for individual trading dates in order to determine traded amounts for transactions.

Dividends/coupon payments are actual paid out amounts during a period.

Net purchases are defined as purchases and issues of securities less sales and redemptions of securities.

Sector and industry categorization information is based on what is registered at the Coordinating Register for Legal Entities Enterprises. This classification is based on international requirements in SNA2008 (System of National Accounts)/ ESA2010 (European System of Accounts) and NACE Rev.2 (European Classification of Economic Activities).

ISIN is an abbreviation for International Securities Identification Number and is a code that uniquely identifies a specific security. It is assigned by the Norwegian Central Securities Depository and based on the international standard ISO 6166:2001.

CFI is an abbreviation for Classification of Financial Instruments and is based on the international standard ISO 10962:2001. The Norwegian Central Securities Depository is responsible for the assignment of CFI codes.

Relatert innhold