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.

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Norway Credit Indicator

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 24.20 -4.40 1986 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-26 07:00 AM Jan 4.9% 4.8% 4.7%
2021-03-26 07:00 AM Feb 5% 4.9% 4.9% 4.9%
2021-04-30 06:00 AM Mar 5% 4,9% 5%
2021-05-31 06:00 AM Apr 5% 5% 5.1% 5.1%
2021-06-30 06:00 AM May 5%
2021-08-06 06:00 AM Jun
2021-08-31 06:00 AM Jul
2021-09-30 06:00 AM Aug


News Stream
Norway Domestic Loan Debt Grows Less than Expected
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.
2021-05-31
Norway Domestic Loan Debt Growth Strongest in 14 Months
The general public’s domestic loan debt in Norway increased by 5.0 percent year-on-year to NOK 6,395 billion at the end of March 2021, the most since January 2020. Municipal government loan debt grew 8.5 percent (vs 7.1 percent in February), while households domestic loan debt rose 4.9 percent, after increasing by 4.8 percent in the previous month. On the other hand, non-financial corporations loan debt advanced 4.4 percent, the same pace as in February.
2021-04-30
Norway Domestic Loan Debt Growth Beats Forecast
The general public’s domestic loan debt in Norway increased by 5.0 percent year-on-year to NOK 6,372 billion at the end of February 2021, the most since January 2020 and above market consensus of a 4.9 percent rise. Non-financial corporations loan debt advanced 4.5 percent (vs 4.2 percent in January) and municipal government loan debt grew 7.1 percent (vs 7.0 percent in January). On the other hand, households domestic loan debt rose 4.9 percent, the same pace as in January.
2021-03-26
Norway Domestic Loan Debt Growth Rises to A-Year High
Norway's general public’s domestic loan debt increased by 4.9 percent year-on-year to NOK 6,341 billion at the end of January of 2021, the most since January last year, after a 4.8 percent gain in December 2020. Non-financial corporations loan debt advanced 4.2 percent in January, faster than 3.8 percent in the previous month, while households domestic loan debt rose 4.9 percent, unchanged from December. On the other hand, municipal government domestic loan debt grew 7.0 percent in January, following a 7.6 percent gain in the prior month.
2021-02-26

Norway Credit Indicator
Loan growth in Norway refers to an annual change in the general public’s gross domestic debt.