The general public’s domestic loan debt in Norway increased by 5.2 percent year-on-year to NOK 6,466 billion at the end of May 2021, the most since November 2019. Municipal government loan debt advanced 8.3 percent (vs 7.8 percent in April), while households domestic loan debt rose 5.1 percent, after increasing by 5.0 percent in the previous month. On the other hand, non-financial corporations loan debt grew 4.4 percent, the same pace as in April. source: Norges Bank
Loan Growth in Norway averaged 7.17 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 July 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.