Norway's general public’s domestic loan debt increased by 4.7 percent year-on-year to NOK 6,315 billion at the end of November 2020, the most since August, after a 4.5 percent growth in the previous month. Non-financial corporations loan debt advanced 3.6 percent in November, faster than 3.2 percent in the previous month, while households domestic loan debt rose 4.8 percent, the same pace as in October. On the other hand, municipal government domestic loan debt went up 7.7 percen in November, after a 7.8 percent rise in the prior month. source: Norges Bank
Loan Growth in Norway averaged 7.21 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 January of 2021.
Loan Growth in Norway is expected to be 2.40 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.