The general public’s domestic loan debt in Norway increased by 5.0 percent year-on-year to NOK 6,419 billion at the end of April 2021, still the most since January 2020, but below market consensus of a 5.1 percent growth. Municipal government loan debt grew 7.8 percent (vs 8.5 percent in March), while households domestic loan debt rose 5.0 percent, after increasing by 4.9 percent in the previous month. On the other hand, non-financial corporations loan debt advanced 4.4 percent, following a 4.3 percent gain in March. source: Norges Bank
Loan Growth in Norway averaged 7.18 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 June of 2021.
Loan Growth in Norway is expected to be 2.00 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.