Norway’s general public domestic loan debt rose by 4.3% year-on-year to NOK 8.01 trillion at the end of July 2026, easing slightly from a 4.4% increase in the previous month. Lending growth to non-financial corporations eased to 4.0% from 4.1% in June, reaching NOK 2.41 trillion, while that to municipal government moderated to 3.4% from 3.7%, totaling NOK 836.6 billion. Meanwhile, household loan debt rose by 4.6% to NOK 4.77 trillion, following a 4.7% increase in June. On a seasonally adjusted annualized one-month basis, total loan debt for the general public grew by 4.3%, easing from a 4.4% rise in the prior period. source: Statistics Norway
The value of loans in Norway increased 4.30 percent in July 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 August of 2026.
The value of loans in Norway increased 4.30 percent in July of 2026 over the same month in the previous year. Loan Growth in Norway is expected to be 4.20 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 4.30 percent in 2027 and 4.60 percent in 2028, according to our econometric models.