Norway Loan Debt Rises 4.9% in September

2026-10-28 07:17 By Judith Sib-at 1 min. read

Norway’s general public domestic loan debt increased by 4.9% year-on-year to NOK 8.09 trillion at the end of September 2026, following a 4.5% rise in the previous month.

This marked the fastest pace of increase since May 2023.

Lending growth to non-financial corporations accelerated to 5.9% from 4.8%, reaching NOK 2.44 trillion, while loans to municipal governments rose by 4.4%, up from 3.0%, to NOK 0.84 trillion.

Meanwhile, lending growth to households eased slightly to 4.5% from 4.6%, with outstanding loans totaling NOK 4.81 trillion.

On a seasonally adjusted annualized one-month basis, total loan debt for the general public grew by 6.0%, following a 5.6% increase in August.



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Norway Loan Debt Rises 4.9% in September
Norway’s general public domestic loan debt increased by 4.9% year-on-year to NOK 8.09 trillion at the end of September 2026, following a 4.5% rise in the previous month. This marked the fastest pace of increase since May 2023. Lending growth to non-financial corporations accelerated to 5.9% from 4.8%, reaching NOK 2.44 trillion, while loans to municipal governments rose by 4.4%, up from 3.0%, to NOK 0.84 trillion. Meanwhile, lending growth to households eased slightly to 4.5% from 4.6%, with outstanding loans totaling NOK 4.81 trillion. On a seasonally adjusted annualized one-month basis, total loan debt for the general public grew by 6.0%, following a 5.6% increase in August.
2026-10-28
Norway Loan Debt Rises 4.5% in August
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.
2026-09-24
Norway Loan Debt Up 4.3% in July
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.
2026-08-24