The Minister of Finance is a councilor of state and chief of the Ministry of Finance. The position is since October 2021 held by Trygve Slagsvold Vedum of the Centre Party who is a member of Støre's Cabinet. In coalition governments, the leader of the largest junior party is usually made Minister of Finance, and may serve, de jure or de facto, as Deputy Prime Minister.

Evald Rygh was a Norwegian banker and politician for the Conservative Party. He served as Minister of Finance and Customs and mayor of Kristiania.