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Treasury International Capital · Norway

How much US debt does Norway hold?

On , Norway held $206.9 billion of US Treasury securities, up $3.7 billion from June 2026, number 14 among the holders Treasury lists by country.

Last updated . This page normally updates every month; the latest update is late.

Norway's holdings of US Treasury securities at each month-end

Every month-end since 271 months

Norway's holdings of US Treasury securities at each month-end, 31 Jan 2003 to 31 Jul 2026
Norway's holdings of US Treasury securities at each month-end, 31 Jul 2016 to 31 Jul 2026
Norway's holdings of US Treasury securities at each month-end, 31 Jul 2024 to 31 Jul 2026

Norway's holdings at the end of July 2026 against earlier months

The latest in greenEach bar from zero

Norway's holdings at the end of July 2026 and in earlier months July 2026: $207B; June 2026: $203B; July 2025: $208B; Highest, February 2026: $223B; Lowest, July 2007: $0.00M July 2026 $207B June 2026 $203B July 2025 $208B Highest, February 2026 $223B Lowest, July 2007 $0.00M Norway's holdings at the end of July 2026 and in earlier months July 2026: $207B; June 2026: $203B; July 2025: $208B; Highest, February 2026: $223B; Lowest, July 2007: $0.00M July 2026 $207B June 2026 $203B July 2025 $208B Highest, February 2026 $223B Lowest, July 2007 $0.00M

Each point is one month-end; pointing at the chart shows its date and holdings. Every month is under "The numbers behind the chart".

Select a line to followLatest:

  • Share of all foreign holdings2.2%
Inspect and compare dates

The latest month-end beside the month before it and the nearest month-ends one, five and ten years earlier.

MeasureLatestThe month beforeA year earlierFive years earlierTen years earlier
Month
Holdings, $ billion206.9203.2208.0119.152.9

The table scrolls sideways; the first column stays in place.

Observed .

Right now

Norway held $206.9 billion at the end of July 2026, $16.1 billion less than at its peak in February 2026.

Its holdings were up $3.7 billion from June 2026 and down $1.1 billion from July 2025, 2.2% of all foreign holdings.

See every country Treasury lists

Larger than 6 of the other 19 countries Treasury lists

Highest and lowest

Its highest month-end was February 2026, at $223.0 billion; its lowest July 2007, at $0.0 billion.

See every month-end

Understanding these holdings

Where it stands today

Norway held $206.9 billion at the end of July 2026, 2.2% of all foreign holdings.

Where do these numbers come from?

Treasury's TIC system reports holdings of US Treasury bills, notes and bonds by residents of each country at the end of each month.

Read more

Treasury revises earlier months each year after its annual survey; this page shows the figures as Treasury publishes them now.

What these figures cannot tell

  • Holdings are attributed to the country of the holder or of its custodian, so a country's figure can include securities that residents of other countries own.

The numbers behind the chart

What did Norway hold at each month-end?Norway's holdings, newest first
Norway's holdings at each month-end, newest first ($ billion)
MonthHoldings
206.9
203.2
207.3
214.7
217.4
223.0
218.8
208.1
218.9
193.7
215.9
214.9
Show 259 more rows
MonthHoldings
208.0
195.1
187.3
195.9
200.1
161.8
173.1
157.6
162.5
167.1
173.5
166.0
160.3
157.1
146.1
142.3
151.9
141.3
150.1
139.3
113.6
121.2
121.6
126.3
127.5
126.4
122.0
122.8
119.1
116.6
104.4
92.0
97.7
95.7
99.6
111.1
112.5
112.9
109.0
115.6
116.7
120.1
115.8
98.3
100.2
105.0
120.8
119.9
119.1
115.8
113.5
109.2
94.3
97.5
91.4
87.5
89.0
82.9
90.5
90.6
89.9
88.7
87.6
93.2
98.0
103.3
97.7
90.1
96.0
100.3
99.2
101.0
96.9
98.6
99.3
97.1
99.5
97.1
90.9
84.9
47.3
61.3
63.6
66.7
61.1
49.7
49.7
39.4
40.2
50.4
46.9
51.1
55.3
60.6
64.1
58.0
54.9
53.7
48.3
51.4
48.9
45.8
43.1
52.5
47.7
51.6
56.8
53.7
52.9
58.7
61.9
66.2
72.3
69.8
68.1
69.1
69.7
70.1
69.8
69.4
66.5
67.2
64.8
66.6
71.6
73.2
73.6
81.6
74.5
77.2
81.8
87.0
84.8
87.1
85.3
85.6
88.2
89.7
88.2
87.3
82.3
78.4
72.2
71.7
74.6
75.7
73.7
74.9
76.4
77.0
76.5
75.1
75.6
75.5
73.9
71.4
68.2
68.6
67.9
64.8
60.9
59.3
57.2
56.7
40.3
37.0
39.6
28.1
23.7
26.5
21.1
21.1
21.4
20.8
19.4
19.6
19.0
18.0
18.1
17.5
16.3
15.4
15.2
15.0
14.6
13.6
12.3
12.1
8.5
7.3
7.6
7.1
11.3
11.1
28.3
27.5
26.2
21.1
21.9
23.1
20.2
11.5
13.2
2.4
2.8
4.4
47.1
45.3
44.5
34.0
33.6
26.2
27.6
25.5
22.9
6.4
0.0
3.1
0.0
2.1
7.3
12.5
20.7
31.6
35.7
29.6
16.2
14.4
10.5
3.1
0.0
0.0
0.0
7.4
5.9
22.6
24.8
25.2
16.4
13.3
10.7
7.0
0.0
6.1
7.1
4.6
5.8
5.2
7.8
5.6
3.9
1.9
5.3
6.7
4.8
7.3
5.1
6.6
5.7
How do the latest holdings compare with earlier months?The holdings and the change since
Norway's holdings at the end of July 2026 against earlier months ($ billion)
Compared withHoldingsChange since
June 2026203.2+3.7
July 2025208.0−1.1
Highest, February 2026223.0−16.1
Lowest, July 20070.0+206.9
Which other countries does Treasury list?19 countries
When are the figures from?

Observed .

Page updated