Norway's general public’s domestic loan debt increased 5.7 percent year-on-year to NOK 5,834.7 billion in April 2019, following a 5.8 percent rise in the prior month, in line with market consensus. Non-financial corporations' debt rose at a softer 5.7 percent (vs 5.8 percent in March) and municipal government's debt climbed 7.0 percent (vs 7.6 percent in March). Meantime, households' domestic debt growth was unchanged at 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 5.31 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 5.15 in 12 months time. In the long-term, the Norway Credit Indicator is projected to trend around 4.89 percent in 2020, according to our econometric models.

Norway Credit Indicator
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-28 07:00 AM Loan Growth YoY 5.7% 5.6% 5.4%
2019-03-28 07:00 AM Loan Growth YoY 5.7% 5.7% 5.6%
2019-05-03 06:00 AM Loan Growth YoY 5.8% 5.8% 5.6%
2019-05-29 06:00 AM Loan Growth YoY 5.7% 5.8% 5.7% 5.8%
2019-06-28 06:00 AM Loan Growth YoY 5.7% 5.7%
2019-08-09 06:00 AM Loan Growth YoY
2019-08-30 06:00 AM Loan Growth YoY


Norway Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.00 11.00 0.50 percent [+]
Money Supply M0 75239.00 85529.00 167428.00 33111.00 NOK Million [+]
Money Supply M1 2107837.00 2120502.00 2124499.00 66049.00 NOK Million [+]
Interbank Rate 1.55 1.52 27.21 0.71 percent [+]
Money Supply M2 2279171.00 2286534.00 2286534.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 599415.00 587628.00 599415.00 21053.00 NOK Million [+]
Loans to Private Sector 1802993.00 1791990.00 1802993.00 275742.00 NOK Million [+]
Deposit Interest Rate 0.00 0.00 1.25 -0.50 percent [+]
Lending Rate 2.00 2.00 10.00 1.50 percent [+]
Loan Growth 5.70 5.80 24.20 -4.40 percent [+]
Private Debt to GDP 284.60 294.59 294.59 195.20 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.80 24.20 -4.40 1986 - 2019 percent Monthly
NSA




Country Last Previous
Brazil 0.00 Apr/19
China 13.40 May/19
Euro Area 3.40 Apr/19
France 5.93 Apr/19
India 12.70 May/19
Indonesia 11.05 Apr/19
Japan 2.60 May/19
Saudi Arabia 2.00 Apr/19
Spain 2.10 Mar/19


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