Svalbard and Jan Mayen Islands

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Svalbard and Jan Mayen are Norwegian geographic areas using the krone, with different settlement patterns. Svalbard has resident communities, while Jan Mayen has no permanent civilian population. Payments rely on Norwegian and external services rather than a national banking market.

Alpha-3:SJM
NUM:744
Population
3K
GDP
-
GDP per Capita
-
GDP Growth
1.1%
Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Svalbard and Jan Mayen Islands

Longyearbyen favors cards and has no bank or cash machine, making Svalbard dependent on electronic acceptance. Jan Mayen has no permanent civilian market, so this geographic group has no meaningful share of payments made with cash.

ATMs (PER 100K)
55.8
BANKS (PER 100K)
9.5
DEBIT CARDS (PER ADULT)
1.5
CREDIT CARDS (PER ADULT)
0.4
Compare

IMF, Financial Access Survey (FAS), 2025

Payment Methods

Schemes

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Systems

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PSPs

Compliance

Standards