Norway Treasury Holdings
Norway Holdings Timeline
Share of total foreign-held U.S. Treasury securities over time
Total Holding
$208.1B
Current Share
2.4%
Peak Share
2.5%(Nov-2025)
Change from Peak
-0.1pp(-4%)
● PEAK: 2.5% in Nov-2025 ($218.9B)
● CURRENT: 2.4% in Dec-2025 ($208.1B)
Source: U.S. Department of the Treasury (TIC System) • 264 monthly observations
Norway Holdings Overview
Historical analysis of U.S. Treasury holdings
Current Holdings
$208.1B
Global Rank
#14
Share of Foreign Holdings
2.4%
Peak (Nov-2025)
2.5%
Historical Trend
Norway's holdings peaked at 2.5% in Nov-2025 ($218.9B). Current holdings are down to 2.4% ($208.1B), signaling diversification away from U.S. Treasuries.
Change from peak: -0.1pp (-4%)
Historical Holdings Data
| Date | Holdings | Share | Rank |
|---|---|---|---|
| Dec-2025 | $208.1B | 2.4% | #14 |
| Nov-2025 | $218.9B | 2.5% | #14 |
| Oct-2025 | $193.7B | 2.3% | #14 |
| Sep-2025 | $215.9B | 2.5% | #14 |
| Aug-2025 | $214.9B | 2.5% | #15 |
| Jul-2025 | $208.0B | 2.5% | #15 |
| Jun-2025 | $195.1B | 2.3% | #16 |
| May-2025 | $187.3B | 2.2% | #16 |
| Apr-2025 | $195.9B | 2.3% | #16 |
| Mar-2025 | $200.1B | 2.4% | #16 |
| Feb-2025 | $161.8B | 2.0% | #16 |
| Jan-2025 | $173.1B | 2.2% | #16 |
| Dec-2024 | $157.6B | 2.0% | #16 |
| Nov-2024 | $162.5B | 2.0% | #16 |
| Oct-2024 | $167.1B | 2.1% | #16 |
| Sep-2024 | $173.5B | 2.1% | #16 |
| Aug-2024 | $166.0B | 2.1% | #16 |
| Jul-2024 | $160.3B | 2.1% | #16 |
| Jun-2024 | $157.1B | 2.0% | #16 |
| May-2024 | $146.1B | 1.9% | #16 |
| Apr-2024 | $142.3B | 1.9% | #16 |
| Mar-2024 | $151.9B | 2.0% | #16 |
| Feb-2024 | $141.3B | 1.9% | #16 |
| Jan-2024 | $150.1B | 2.0% | #16 |
| Dec-2023 | $139.3B | 1.9% | #16 |
| Nov-2023 | $113.6B | 1.6% | #18 |
| Oct-2023 | $121.2B | 1.8% | #16 |
| Sep-2023 | $121.6B | 1.8% | #16 |
| Aug-2023 | $126.3B | 1.8% | #16 |
| Jul-2023 | $127.5B | 1.8% | #16 |
| Jun-2023 | $126.4B | 1.8% | #16 |
| May-2023 | $122.0B | 1.8% | #16 |
| Apr-2023 | $122.8B | 1.8% | #16 |
| Mar-2023 | $119.1B | 1.7% | #16 |
| Feb-2023 | $116.6B | 1.7% | #16 |
| Jan-2023 | $104.4B | 1.5% | #18 |
| Dec-2022 | $92.0B | 1.4% | #18 |
| Nov-2022 | $97.7B | 1.4% | #18 |
| Oct-2022 | $95.7B | 1.4% | #18 |
| Sep-2022 | $99.6B | 1.5% | #18 |
| Aug-2022 | $111.1B | 1.6% | #18 |
| Jul-2022 | $112.5B | 1.6% | #17 |
| Jun-2022 | $112.9B | 1.6% | #17 |
| May-2022 | $109.0B | 1.6% | #18 |
| Apr-2022 | $115.6B | 1.6% | #18 |
| Mar-2022 | $116.7B | 1.6% | #17 |
| Feb-2022 | $120.1B | 1.6% | #17 |
| Jan-2022 | $115.8B | 1.6% | #18 |
| Dec-2021 | $98.3B | 1.4% | #18 |
| Nov-2021 | $100.2B | 1.4% | #18 |
Showing most recent 50 of 264 data points
Source: U.S. Department of the Treasury, Treasury International Capital (TIC) System
Data Range: Feb-2003 to Dec-2025 (264 monthly observations)