Private Debt to GDP in Norway decreased to 175.30 percent in 2025 from 179.90 percent in 2024. Private Debt to GDP in Norway averaged 170.33 percent from 1995 until 2025, reaching an all time high of 196.00 percent in 2020 and a record low of 138.70 percent in 1996. source: OECD

Private Debt to GDP in Norway is expected to reach 184.00 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Private Debt to GDP is projected to trend around 182.00 percent in 2027 and 180.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 21522203.00 20933788.00 NOK Million Apr 2026
Deposit Interest Rate 3.25 3.00 percent May 2026
Foreign Exchange Reserves 862514.00 874323.00 NOK Million Apr 2026
Interbank Rate 4.25 4.25 percent Jun 2026
Norges Bank Interest Rate 4.25 4.00 percent May 2026
Lending Rate 5.25 5.00 percent May 2026
Loan Growth YoY 4.40 4.50 percent Apr 2026
Loans to Private Sector 2151548.00 2139294.00 NOK Million Apr 2026
Money Supply M0 196736.00 256767.00 NOK Million Apr 2026
Money Supply M1 3107626.00 3102065.00 NOK Million Apr 2026
Money Supply M2 3565993.00 3557751.00 NOK Million Apr 2026
Private Debt to GDP 175.30 179.90 percent Dec 2025


Norway Private Debt to GDP
Private sector debt to GDP measures the indebtedness of both sectors, non-financial corporations and households and non-profit institutions serving households, as a percentage of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
175.30 179.90 196.00 138.70 1995 - 2025 percent Yearly