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 August 2025
Next update: 21 November 2025

Selected figures from these 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
    2nd quarter 20241st quarter 20252nd quarter 2025Changes in per cent
    1st quarter 2025 - 2nd quarter 20252nd quarter 2024 - 2nd quarter 2025
    Stocks (market value)
    Shares (listed)4 0293 8453 9783.5-1.3
    Equity certificates1161341468.325.5
    Long-term debt securities3 0263 2593 2820.78.4
    Short-term debt securities156160160-0.22.3
    Total7 3287 3987 5652.33.2
    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
    2nd quarter 2025
    Shares (listed)Equity certificatesLong-term debt securitiesShort-term debt securities
    Total3 978 099145 6153 281 736159 761
    Non-financial corporations535 90716 87358 08230 405
    Public unincorporated enterprises, owned by central government0000
    Public incorporated enterprises, owned by central government27 336812 14229 500
    Public unincorporated enterprises, owned by local government50540
    Public incorporated enterprises, owned by local government5458711 830879
    Private non-financial incorporated enterprises507 80016 66530 86525
    Private non-financial unincorporated enterprises822030
    Private non-profit institutions serving enterprises138943 1880
    Financial corporations519 95374 1571 778 40494 369
    Norges Bank0000
    Banks11 9512 703761 77628 649
    Mortgage companies0694 46611 497
    Finance companies001720
    State lending institutions etc.0000
    Financial holding companies95354 3620
    Mutual funds268 05014 965332 85130 853
    Alternative investment funds (AIF) excluding mutal funds5 2255751 0680
    Other financial enterprises, except insurance companies and pension funds201 15849 79613 5856 762
    Life insurance companies and pension funds31 6255 815498 91113 946
    Non-life insurance companies99029171 2122 661
    General government1 183 911294153 83317 581
    Central government1 183 6382145 59417 578
    Local government2732918 2393
    Non-profit institutions serving households9 4175 5227 0860
    Households194 48422 9008 5190
    Unincorporated enterprises within households19220
    Private non-financial unincorporated enterprises inclusive housing cooperatives etc.0000
    Employees, recipients of property income, pensions and social contributions, students etc.194 46522 8988 5170
    Rest of the world1 534 34925 8551 275 80017 407
    Unspecified sector7815120
    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
    2nd quarter 2025
    Shares (listed)Equity certificatesLong-term debt securities issued in NorwayShort-term debt securities issued in Norway
    Total4 5569713 619-608
    Non-financial corporations8 38325-5 8561 360
    Public unincorporated enterprises, owned by central government0000
    Public incorporated enterprises, owned by central government2 8900-4 6552 152
    Public unincorporated enterprises, owned by local government..000
    Public incorporated enterprises, owned by local government-27-7-499-661
    Private non-financial incorporated enterprises5 50826-704-131
    Private non-financial unincorporated enterprises5010
    Private non-profit institutions serving enterprises7600
    Financial corporations628374-16 883-6 209
    Norges Bank-10000
    Banks515-4-21 6172 273
    Mortgage companies0..193-5 007
    Finance companies00..0
    State lending institutions etc.0000
    Financial holding companies-1 278..1 3700
    Mutual funds-4 716324-1 994-1 102
    Alternative investment funds (AIF) excluding mutal funds-3528-2500
    Other financial enterprises, except insurance companies and pension funds7 968-71 651-1 011
    Life insurance companies and pension funds-1 483612 953-1 170
    Non-life insurance companies-16-8810-192
    General government-3 53702 3574 664
    Central government-3 543..2 5704 664
    Local government60-2130
    Non-profit institutions serving households311251230
    Households-200-161220
    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.-200-161220
    Rest of the world-1 037-16633 857-422
    Unspecified sector8000
    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
    3rd quarter 20244th quarter 20241st quarter 20252nd quarter 2025
    Total43 60465 56745 958108 641
    Non-financial corporations38 25459 58834 79969 593
    Public unincorporated enterprises, owned by central government0000
    Public incorporated enterprises, owned by central government20 51828 62421 30218 944
    Public unincorporated enterprises, owned by local government0000
    Public incorporated enterprises, owned by local government0000
    Private non-financial incorporated enterprises17 73630 96413 49750 649
    Private non-financial unincorporated enterprises0000
    Private non-profit institutions serving enterprises0000
    Financial corporations1652215 32934 135
    Norges Bank0000
    Banks......28 534
    Mortgage companies0000
    Finance companies0000
    State lending institutions etc.0000
    Financial holding companies......2 029
    Mutual funds0000
    Alternative investment funds (AIF) excluding mutal funds0000
    Other financial enterprises, except insurance companies and pension funds..221..3 324
    Life insurance companies and pension funds0000
    Non-life insurance companies165..5 329247
    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 world5 1855 7585 8304 913
    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
    3rd quarter 20244th quarter 20241st quarter 20252nd quarter 2025
    Total43 60465 56745 958108 641
    Non-financial corporations7 15511 6784 08018 618
    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 government......24
    Private non-financial incorporated enterprises7 13711 6754 07918 587
    Private non-financial unincorporated enterprises1112
    Private non-profit institutions serving enterprises18115
    Financial corporations2 9234 6595 48213 222
    Norges Bank......1
    Banks8812354171
    Mortgage companies0000
    Finance companies0000
    State lending institutions etc.0000
    Financial holding companies......1
    Mutual funds2 0683 5691 7427 426
    Alternative investment funds (AIF) excluding mutal funds354531145
    Other financial enterprises, except insurance companies and pension funds4865083 3904 607
    Life insurance companies and pension funds242407258838
    Non-life insurance companies57531
    General government15 70422 14016 41028 135
    Central government15 70322 13816 40828 126
    Local government1219
    Non-profit institutions serving households356238315
    Households1 7823 4082 2135 754
    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.1 7823 4082 2135 753
    Rest of the world15 95323 57817 70942 547
    Unspecified sector51422751
    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
    2nd quarter 20243rd quarter 20244th quarter 20241st quarter 20252nd quarter 2025
    Debt securities issued in Norway
    Long-term debt securities issued in Norway225 190157 236220 906380 223175 455
    - domestic issuers173 340123 122174 906334 413142 362
    Short-term debt securities issued in Norway95 50883 54174 73195 02196 010
    - domestic issuers95 27883 54174 73195 02196 010
    Debt securities issued by Norwegian entities abroad
    Long-term debt securities issued abroad98 42034 45488 732146 290111 694
    Sertifikater emittert i utlandet180 325353 682480 337231 918297 552
    Non-financial corporations
    Long-term debt securities issued in Norway49 69435 35021 54962 49531 560
    Long-term debt securities issued abroad17 29259921 31611 60914 243
    Short-term debt securities issued in Norway17 81310 5738 14216 47513 992
    Short-term debt securities issued abroad38 69544 940139 47927 28333 405
    Financial corporations
    Long-term debt securities issued in Norway63 88560 149122 941197 27661 652
    Long-term debt securities issued abroad81 12833 85567 415134 68297 452
    Short-term debt securities issued in Norway7001 3602 7503 0004 900
    Short-term debt securities issued abroad141 630308 742340 857204 636264 148
    General government
    Long-term debt securities issued in Norway59 76127 62430 41674 64149 150
    Long-term debt securities issued abroad00000
    Short-term debt securities issued in Norway76 76671 60863 83975 54677 119
    Short-term debt securities issued abroad00000
    Rest of the world
    Long-term debt securities issued in Norway51 84934 11446 00045 81033 093
    Short-term debt securities issued in Norway23000..
    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
    2nd quarter 20243rd quarter 20244th quarter 20241st quarter 20252nd quarter 2025
    Debt securities issued in Norway
    Long-term debt securities issued in Norway3 068 8453 117 8353 235 2683 302 8843 313 775
    - domestic issuers2 582 5162 614 8122 748 1212 803 0952 812 116
    Stort-term debt securities issued in Norway157 170153 929146 426160 837160 569
    - domestic issuers156 940153 699146 426160 837160 569
    Debt securities issued by Norwegian entities abroad
    Long-term debt securities issued abroad2 108 3682 121 3072 168 5852 148 4232 204 262
    Stort-term debt securities issued abroad330 589414 030505 717342 629362 188
    Non-financial corporations
    Long-term debt securities issued in Norway447 331456 970457 866484 115482 551
    Long-term debt securities issued abroad567 078570 430591 968561 209549 985
    Stort-term debt securities issued in Norway20 66117 1608 36017 89518 440
    Stort-term debt securities issued abroad2 06411 80647 07311 1302 380
    Financial corporations
    Long-term debt securities issued in Norway1 379 9791 387 2761 497 1361 528 5071 505 432
    Long-term debt securities issued abroad1 541 2911 550 8781 576 6171 587 2151 654 276
    Stort-term debt securities issued in Norway5 1005 2804 9304 4605 900
    Stort-term debt securities issued abroad328 525402 224458 644331 499359 808
    Central government
    Long-term debt securities issued in Norway751 207766 567789 120786 473820 134
    Long-term debt securities issued abroad00000
    Stort-term debt securities issued in Norway131 180131 259133 137138 483136 230
    Stort-term debt securities issued abroad00000
    Rest of the world
    Long-term debt securities issued in Norway486 329503 023487 147499 789501 659
    Stort-term debt securities issued in Norway2302300..
    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
    2nd 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 abroad5 954 775680 714-635 57940 8856 040 795
    - Norwegian entitites5 454 984647 618-606 73143 2645 539 135
    Debt securities issued in Norway3 463 721271 465-257 765-3 0773 474 344
    - Norwegian entitites2 963 932238 372-228 920-6992 972 685
    Non-financial corporations
    Long-term debt securities issued in Norway484 11531 560-32 308-816482 551
    Long-term debt securities issued abroad561 20914 243-30 3054 838549 985
    Short-term debt securities issued in Norway17 89513 992-13 447018 440
    Short-term debt securities issued abroad11 13033 405-41 877-2782 380
    Financial corporations
    Long-term debt securities issued in Norway1 528 50761 652-84 8451181 505 432
    Long-term debt securities issued abroad1 587 21597 452-57 17526 7841 654 276
    Short-term debt securities issued in Norway4 4604 900-3 46005 900
    Short-term debt securities issued abroad331 499264 148-248 45612 617359 808
    Central government
    Long-term debt securities issued in Norway786 47349 150-15 488-1820 134
    Long-term debt securities issued abroad00000
    Short-term debt securities issued in Norway138 48377 119-79 371-1136 230
    Short-term debt securities issued abroad00000
    Rest of the world
    Long-term debt securities issued in Norway499 78933 093-28 847-2 376501 659
    Short-term debt securities issued in Norway.....
    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 Norway160 596124 7541 321 6521 033 313717 792116 2393 474 346
    Non-financial corporations18 4403 167218 083200 92647 08013 294500 990
    Banks1 8001 050166 194161 87840 76938 952410 643
    Other financial corporations4 100100 000528 575378 30260 65729 0561 100 690
    Central government and social security funds60 877025 15069 580498 69121 670675 968
    Local government75 35318 85597 17359 79028 985240280 396
    Non-profit institutions serving households
    Households
    Rest of the world271 682286 477162 83841 6109 026501 660
    Remaining maturity
    Outstanding amounts in total from debt securities issued in Norway661 863668 1341 409 728577 22268 48688 9123 474 345
    Non-financial corporations72 19685 034249 87980 8883 0509 944500 991
    Banks54 11282 224183 36349 6242 37038 950410 643
    Other financial corporations230 021299 836492 13341 8539 39027 4561 100 689
    Central government and social security funds123 47065 878117 685322 31946 616.675 968
    Local government123 02740 63584 12328 3614 250.280 396
    Non-profit institutions serving households00....0
    Households00....0
    Rest of the world59 03894 528282 54554 1772 8108 561501 659
    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 abroad362 1887 892686 593951 623362 389195 7652 566 450
    Non-financial corporations2 380024 075224 353176 102212 834552 366
    Banks355 6272 843217 238129 20016 9497 300729 157
    Other financial corporations4 1815 049445 281598 070169 33763 0101 284 928
    Remaining maturity
    Outstanding amounts in total from debt securities issued by Norwegian entities abroad709 867294 160973 764414 912117 08056 6662 566 449
    Non-financial corporations46 59446 742167 349179 09170 83341 757552 366
    Banks435 21477 549194 35015 5475 3021 195729 157
    Other financial corporations228 060169 869612 066220 27440 94513 7131 295 090
    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