Norway's general public’s domestic loan debt increased 5.7 percent year-on-year to NOK 5,903 billion in June 2019, unchanged from an upwardly revised figure in the prior month. This was the weakest growth rate in domestic loan debt since December last year, amid a slowdown in households domestic loan (5.5 percent vs 5.6 percent in May) while municipal government loan debt growth was unchanged at 6.8 percent. Meantime, non-financial corporations domestic loan debt growth accelerated (5.8 percent vs 5.6 percent). Loan Growth in Norway averaged 7.31 percent from 1986 until 2019, reaching an all time high of 24.20 percent in February of 1987 and a record low of -4.40 percent in October of 1992.

Loan Growth in Norway is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Norway to stand at 5.60 in 12 months time. In the long-term, the Norway Credit Indicator is projected to trend around 7.00 percent in 2020, according to our econometric models.

Norway Credit Indicator
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-05-03 06:00 AM Loan Growth YoY Mar 5.8% 5.8% 5.6%
2019-05-29 06:00 AM Loan Growth YoY Apr 5.7% 5.8% 5.7% 5.8%
2019-06-28 06:00 AM Loan Growth YoY May 5.6% 5.7% 5.7% 5.6%
2019-08-02 06:00 AM Loan Growth YoY Jun 5.7% 5.7% 5.6%
2019-08-30 06:00 AM Loan Growth YoY Jul 5.7% 5.6%
2019-09-27 06:00 AM Loan Growth YoY Aug
2019-10-30 07:00 AM Loan Growth YoY Sep


Norway Money Last Previous Highest Lowest Unit
Interest Rate 1.25 1.25 11.00 0.50 percent [+]
Money Supply M0 112844.00 81157.00 167428.00 33111.00 NOK Million [+]
Money Supply M1 2183270.00 2120756.00 2183270.00 66049.00 NOK Million [+]
Interbank Rate 1.58 1.63 27.21 0.71 percent [+]
Money Supply M2 2358949.00 2295845.00 2358949.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 587460.00 584444.00 599415.00 21053.00 NOK Million [+]
Loans to Private Sector 1822177.00 1806855.00 1822177.00 275742.00 NOK Million [+]
Deposit Interest Rate 0.25 0.25 1.25 -0.50 percent [+]
Lending Rate 2.25 2.25 10.00 1.50 percent [+]
Loan Growth 5.70 5.70 24.20 -4.40 percent [+]
Private Debt to GDP 275.30 288.50 298.60 195.20 percent [+]
Central Bank Balance Sheet 9828466.00 9573749.00 9828466.00 6389.00 NOK Million [+]


Norway Credit Indicator

Loan growth in Norway refers to an annual change in the general public’s gross domestic debt. This page provides - Norway Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Credit Indicator - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.70 24.20 -4.40 1986 - 2019 percent Monthly
NSA




Country Last Previous
Brazil 0.40 Jun/19
China 12.60 Jul/19
Euro Area 3.30 Jun/19
France 5.30 May/19
India 12.20 Aug/19
Indonesia 9.92 Jun/19
Japan 2.30 Jul/19
Saudi Arabia 2.60 Jun/19
Spain 2.00 May/19


Related

Latest