The general public’s domestic loan debt in Norway rose 5.2 percent year-on-year to NOK 6.950 billion at the end of October 2022, following a 5.1 percent gain in the previous month. Loan debt growth of non-financial corporations accelerated (7.8 percent vs 7.1 percent in September). Meanwhile, loan debt growth of both municipal government (4 percent vs 4.3 percent) and households (4.1 percent vs 4.3 percent) eased. source: Norges Bank
Loan Growth in Norway averaged 7.09 percent from 1986 until 2022, 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 December of 2022.
Loan Growth in Norway is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Credit Indicator is projected to trend around 2.30 percent in 2023 and 1.90 percent in 2024, according to our econometric models.