Consumer Credit in Norway increased to 3839326 NOK Million in March from 3827333 NOK Million in February of 2021. source: Norges Bank

Consumer Credit in Norway averaged 1552257.95 NOK Million from 1987 until 2021, reaching an all time high of 3839326 NOK Million in March of 2021 and a record low of 448169 NOK Million in December of 1987. This page provides the latest reported value for - Norway Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Consumer Credit - values, historical data and charts - was last updated on May of 2021.

Consumer Credit in Norway is expected to be 3842108.00 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 3957462.00 in 12 months time. In the long-term, the Norway Consumer Credit is projected to trend around 4066611.00 NOK Million in 2022 and 4172343.00 NOK Million in 2023, according to our econometric models.

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Norway Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
3839326.00 3827333.00 3839326.00 448169.00 1987 - 2021 NOK Million Monthly
Current Prices, NSA

Norway Consumer Last Previous Highest Lowest Unit
Consumer Confidence -5.10 -9.20 34.90 -17.40 points [+]
Retail Sales MoM 0.00 -0.30 15.40 -9.00 percent [+]
Retail Sales YoY 6.70 6.10 13.80 -4.40 percent [+]
Consumer Spending 363507.00 363684.00 390330.00 128054.00 NOK Million [+]
Disposable Personal Income 355373.00 360751.00 361106.00 212408.00 NOK Million [+]
Personal Savings 15.40 13.10 20.10 -2.10 percent [+]
Consumer Credit 3839326.00 3827333.00 3839326.00 448169.00 NOK Million [+]
Household Spending -1.90 0.20 16.10 -10.90 percent [+]
Households Debt To GDP 112.80 110.00 112.80 40.40 percent of GDP [+]
Households Debt To Income 207.55 203.06 207.55 118.51 percent [+]
Gasoline Prices 1.82 1.80 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 [+]