Norway's general public’s domestic loan debt increased 4.6 percent year-on-year to NOK 6,171 billion at the end of May 2020, the same as in the previous month and matching market expectations. It was the weakest growth in domestic loan debt since May 2010, as households domestic loan debt increased 4.4 percent from 4.6 percent in April, while municipal government domestic loan debt rose 7.5 percent, softer than 7.7 percent in the prior month. Meantime, non-financial corporations loan debt advanced 4.3 percent, faster than 3.7 percent in the previous month.

Loan Growth in Norway averaged 7.24 percent from 1986 until 2020, 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 August of 2020. source: Norges Bank

Loan Growth in Norway is expected to be 4.20 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 4.40 in 12 months time. In the long-term, the Norway Credit Indicator is projected to trend around 4.30 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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Norway Credit Indicator

Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.60 24.20 -4.40 1986 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-31 06:00 AM Feb 4.8% 5% 5% 5%
2020-04-30 06:00 AM Mar 4.7% 4.9% 4.2%
2020-05-29 06:00 AM Apr 4.6% 4.7% 4.6% 4.9%
2020-06-30 06:00 AM May 4.6% 4.6% 4.6% 4.9%
2020-08-07 06:00 AM Jun 4.6% 4.5%
2020-08-31 06:00 AM Jul
2020-09-30 06:00 AM Aug
2020-10-30 07:00 AM Sep 4.2%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Norway Domestic Loan Debt Growth Weakest in a Decade
Norway's general public’s domestic loan debt increased 4.6 percent year-on-year to NOK 6,171 billion at the end of May 2020, the same as in the previous month and matching market expectations. It was the weakest growth in domestic loan debt since May 2010, as households domestic loan debt increased 4.4 percent from 4.6 percent in April, while municipal government domestic loan debt rose 7.5 percent, softer than 7.7 percent in the prior month. Meantime, non-financial corporations loan debt advanced 4.3 percent, faster than 3.7 percent in the previous month.
2020-06-30
Norway Domestic Loan Debt Growth Weakest Since 2010
Norway's general public’s domestic loan debt increased 4.6 percent year-on-year to NOK 6,149 billion at the end of April 2020, easing from a 4.7 percent rise in the previous month and matching market expectations. It was the weakest growth in domestic loan debt since May 2010, as non-financial corporations loan debt advanced 3.7 percent, softer than 4.0 percent in the previous month while households domestic loan debt went up 4.6 percent from 4.7 percent in March. Meantime, municipal government domestic loan debt rose 7.7 percent, faster than 6.9 percent in the prior month.
2020-05-29
Norway Domestic Loan Debt Growth Weakest in Over 9-1/2 Years
Norway's general public’s domestic loan debt increased 4.7 percent year-on-year to NOK 6,129 billion at the end of March 2020, easing from an upwardly revised 4.9 percent rise in the previous month. It was the weakest growth in domestic loan debt since July 2010, as municipal government domestic loan debt rose 6.7 percent, softer than 7.4 percent in the prior month. Also, non-financial corporations loan debt advanced 4.0 percent from 4.1 percent in the previous month; and households domestic loan debt went up 4.7 percent from 4.8 percent in February.
2020-04-30
Norway Domestic Loan Debt Growth at 3-Year Low
Norway's general public’s domestic loan debt increased 4.8 percent year-on-year to NOK 6,081 billion at the end of February 2020, easing from a 5.0 percent rise in the previous month and below market consensus of a 5 percent gain. It was the weakest growth in domestic loan debt since December 2016, as non-financial corporations loan debt advanced 4.0 percent, softer than 4.5 percent in the previous month. Meanwhile, households domestic loan debt went up 4.9 percent, the same pace as in January; and municipal government domestic loan debt rose 7.4 percent, unchanged from the prior month.
2020-03-31

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