Norway’s general public domestic loan debt rose by 4.5% year-on-year to NOK 8.05 trillion at the end of August 2026, following an eight-month low of 4.3% growth in the previous month. Lending growth to non-financial corporations increased to 4.8% from 4.0%, reaching NOK 2.42 trillion, while household loan growth remained steady at 4.6%, totaling NOK 4.79 trillion. In contrast, municipal government loan debt growth eased to 3.0% from 3.4% a month earlier, reaching NOK 8.38 billion. On a seasonally adjusted annualized one-month basis, total loan debt for the general public grew by 5.3%, following a 3.8% increase in the prior period. source: Statistics Norway
The value of loans in Norway increased 4.50 percent in August of 2026 over the same month in the previous year. Loan Growth in Norway averaged 6.82 percent from 1986 until 2026, 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 October of 2026.
The value of loans in Norway increased 4.50 percent in August of 2026 over the same month in the previous year. Loan Growth in Norway is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Credit Indicator is projected to trend around 4.60 percent in 2027 and 4.50 percent in 2028, according to our econometric models.