Norway's general public’s domestic loan debt increased by 4.9 percent year-on-year to NOK 6,341 billion at the end of January of 2021, the most since January last year, after a 4.8 percent gain in December 2020. Non-financial corporations loan debt advanced 4.2 percent in January, faster than 3.8 percent in the previous month, while households domestic loan debt rose 4.9 percent, unchanged from December. On the other hand, municipal government domestic loan debt grew 7.0 percent in January, following a 7.6 percent gain in the prior month. source: Norges Bank

Loan Growth in Norway averaged 7.20 percent from 1986 until 2021, 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. This page provides - Norway Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Credit Indicator - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Loan Growth in Norway is expected to be 2.40 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 2.40 in 12 months time. In the long-term, the Norway Credit Indicator is projected to trend around 3.00 percent in 2022, according to our econometric models.

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Norway Credit Indicator

Actual Previous Highest Lowest Dates Unit Frequency
4.90 4.80 24.20 -4.40 1986 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-30 07:00 AM Oct 4.5% 4.6% 4.5%
2021-01-06 07:00 AM Nov 4.7% 4.5% 4.6%
2021-01-29 07:00 AM Dec 4.8% 4.7% 4.7%
2021-02-26 07:00 AM Jan 4.9% 4.8% 4.7%
2021-03-26 07:00 AM Feb 4.9%
2021-04-30 06:00 AM Mar
2021-05-31 06:00 AM Apr
2021-06-30 06:00 AM May


News Stream
Norway Domestic Loan Debt Growth Rises to A-Year High
Norway's general public’s domestic loan debt increased by 4.9 percent year-on-year to NOK 6,341 billion at the end of January of 2021, the most since January last year, after a 4.8 percent gain in December 2020. Non-financial corporations loan debt advanced 4.2 percent in January, faster than 3.8 percent in the previous month, while households domestic loan debt rose 4.9 percent, unchanged from December. On the other hand, municipal government domestic loan debt grew 7.0 percent in January, following a 7.6 percent gain in the prior month.
2021-02-26
Norway Domestic Loan Debt Growth Rises to 4-Month High
Norway's general public’s domestic loan debt increased by 4.8 percent year-on-year to NOK 6,313 billion at the end of December 2020, the most since August, after a 4.7 percent gain in the previous month. Non-financial corporations loan debt advanced 3.7 percent in December, faster than 3.5 percent in the previous month, while households domestic loan debt rose 4.9 percent, after a 4.8 percent growth in November. On the other hand, municipal government domestic loan debt went up 7.6 percent in December, following a 7.7 percent gain in the prior month.
2021-01-29
Norway Domestic Loan Debt Growth Accelerates to 3-Month High
Norway's general public’s domestic loan debt increased by 4.7 percent year-on-year to NOK 6,315 billion at the end of November 2020, the most since August, after a 4.5 percent growth in the previous month. Non-financial corporations loan debt advanced 3.6 percent in November, faster than 3.2 percent in the previous month, while households domestic loan debt rose 4.8 percent, the same pace as in October. On the other hand, municipal government domestic loan debt went up 7.7 percen in November, after a 7.8 percent rise in the prior month.
2021-01-06
Norway Domestic Loan Debt Growth Weakest Since 2010
Norway's general public’s domestic loan debt increased 4.5 percent year-on-year to NOK 6,287 billion at the end of October 2020, after a 4.6 percent rise in the previous month. It was the weakest general public’s domestic loan debt growth since May 2010, as non-financial corporations loan debt advanced 3.2 percent, softer than 3.3 percent in the previous month, while municipal government domestic loan debt went up 7.8 percent, after an 8.6 percent growth in the prior month. Meantime, households domestic loan debt rose 4.8 percent, faster than 4.7 percent in September.
2020-11-30

Norway Credit Indicator
Loan growth in Norway refers to an annual change in the general public’s gross domestic debt.