Private Debt to GDP in Norway increased to 316 percent in 2020 from 293.90 percent in 2019. source: OECD

Private Debt to GDP in Norway averaged 253.98 percent from 1995 until 2020, reaching an all time high of 316 percent in 2020 and a record low of 196.50 percent in 1996. Norway Private Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Private Debt to GDP in Norway is expected to reach 318.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Private Debt to GDP is projected to trend around 312.00 percent in 2022 and 306.00 percent in 2023, according to our econometric models.

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Norway Private Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
316.00 293.90 316.00 196.50 1995 - 2020 percent Yearly

Norway Money Last Previous Highest Lowest Unit
Interest Rate 0.00 0.00 11.00 0.00 percent [+]
Interbank Rate 0.50 0.50 27.21 0.19 percent [+]
Money Supply M0 120719.00 115527.00 330224.00 33111.00 NOK Million [+]
Money Supply M1 2722373.00 2685093.00 2722373.00 66049.00 NOK Million [+]
Money Supply M2 2905544.00 2866491.00 2905544.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 761737.00 716602.00 761737.00 21053.00 NOK Million [+]
Loans to Private Sector 1972988.00 1979879.00 1979879.00 275742.00 NOK Million [+]
Deposit Interest Rate -1.00 -1.00 1.25 -1.00 percent [+]
Lending Rate 1.00 1.00 10.00 1.00 percent [+]
Loan Growth 5.30 5.30 24.20 -4.40 percent [+]
Private Debt to GDP 316.00 293.90 316.00 196.50 percent [+]
Central Bank Balance Sheet 12832927.00 12417567.00 12832927.00 6389.00 NOK Million [+]


Norway Private Debt to GDP
Private sector debt to GDP measures the indebtedness of both sectors, non-financial corporations and households and non-profit institutions serving households, as a percentage of GDP.