Consumer Credit in Norway increased to 3619251 NOK Million in November from 3610084 NOK Million in October of 2019. Consumer Credit in Norway averaged 1461255.77 NOK Million from 1987 until 2019, reaching an all time high of 3619251 NOK Million in November of 2019 and a record low of 448169 NOK Million in December of 1987. source: Norges Bank

Consumer Credit in Norway is expected to be 3532731.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Norway to stand at 3714776.00 in 12 months time. In the long-term, the Norway Consumer Credit is projected to trend around 3880025.00 NOK Million in 2020, according to our econometric models.

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Norway Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
3619251.00 3610084.00 3619251.00 448169.00 1987 - 2019 NOK Million Monthly
Current Prices, NSA

Norway Consumer Last Previous Highest Lowest Unit
Consumer Confidence 13.40 15.00 34.90 -17.40 points [+]
Retail Sales MoM 1.00 -0.70 15.40 -9.00 percent [+]
Retail Sales YoY 0.80 -0.30 8.70 -4.30 percent [+]
Consumer Spending 383592.00 381911.00 383592.00 125359.00 NOK Million [+]
Disposable Personal Income 388871.00 382123.00 388871.00 165112.00 NOK Million [+]
Personal Savings 8.50 7.20 12.90 -2.00 percent [+]
Consumer Credit 3619251.00 3610084.00 3619251.00 448169.00 NOK Million [+]
Household Spending 1.10 -0.90 16.10 -10.90 percent [+]
Households Debt To GDP 101.70 100.30 102.50 40.40 percent of GDP [+]
Households Debt To Income 202.03 197.54 202.03 118.51 percent [+]
Gasoline Prices 1.74 1.70 2.63 1.19 USD/Liter [+]
Consumer Confidence Current Conditions 11.59 0.17 64.60 -65.10 [+]
Consumer Confidence Economic Expectations 12.42 -5.06 38.30 -52.20 [+]
Consumer Confidence Financial Expectations 25.56 21.96 30.40 -2.80 [+]
Consumer Confidence Major Purchases Expectations 13.28 11.64 48.15 -29.69 [+]