The annual growth rate of lending to Swedish households held at 3.3% in August 2026, unchanged from July and remaining at its highest level since December 2022. Housing loans, which accounted for 83% of total household credit, grew 3.5%, while consumer loans, representing 6%, increased 1.4%. Meanwhile, lending to non-financial corporations expanded 3.9%. Borrowing costs remained broadly lower, with the average interest rate on new housing loan agreements steady at 2.78%, while the average floating mortgage rate edged down to 2.73% from 2.74%. The average fixed rate for new housing loans with maturities of one to five years rose to 3.18% from 3.15%, while rates for maturities above five years increased to 3.34% from 3.21%. Total household deposits edged up to SEK 2,970 billion from SEK 2,967 billion, with demand deposits accounting for 74% of savings at SEK 2,202 billion. source: Statistics Sweden

The value of loans in Sweden increased 3.30 percent in August of 2026 over the same month in the previous year. Loan Growth in Sweden averaged 6.87 percent from 1976 until 2026, reaching an all time high of 23.50 percent in December of 1986 and a record low of -3.30 percent in June of 1993. This page provides the latest reported value for - Sweden Household Lending Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Household Lending Growth - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

The value of loans in Sweden increased 3.30 percent in August of 2026 over the same month in the previous year. Loan Growth in Sweden is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Household Lending Growth is projected to trend around 2.90 percent in 2027 and 3.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-27 06:00 AM
Household Lending Growth YoY
Jul 3.3% 3.2% 3.1%
2026-09-25 06:00 AM
Household Lending Growth YoY
Aug 3.3% 3.2% 3.2%
2026-10-27 07:00 AM
Household Lending Growth YoY
Sep 3.3% 3.4%


Related Last Previous Unit Reference
Banks Balance Sheet 8649672.00 8533548.00 SEK Million Aug 2026
Central Bank Balance Sheet 883724.00 880853.00 SEK Million Sep 2026
Deposit Interest Rate 1.65 1.65 percent Sep 2026
Foreign Exchange Reserves 740405.00 722124.00 SEK Million Sep 2026
Interbank Rate 2.14 2.12 percent Oct 2026
Riksbank Rate 1.75 1.75 percent Sep 2026
Lending Rate 1.85 1.85 percent Sep 2026
Household Lending Growth YoY 3.30 3.20 percent Aug 2026
Loans to Private Sector 1794823.00 1780729.00 SEK Million Aug 2026
Money Supply M0 55680.00 55586.00 SEK Million Aug 2026
Money Supply M1 4162753.00 4182860.00 SEK Million Aug 2026
Money Supply M2 5129814.00 5140827.00 SEK Million Aug 2026
Money Supply M3 5184700.00 5192063.00 SEK Million Aug 2026
Private Debt to GDP 187.30 202.40 percent Dec 2025


Sweden Household Lending Growth
In Sweden, Household Lending Growth refers to the year-on-year change in credit extended to households by domestic MFIs. Lending to households is divided into three categories: housing loans, consumer credit, and other lending. The purpose of a loan is not directly measured, but is approximated by categorizing lending by type of collateral. Housing loans are defined as loans to private individuals or entrepreneurial households with housing as collateral. Consumer credit refers to lending to private individuals, generally without collateral. Other lending includes all other lending, for example lending to non-profit institutions serving households.
Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.20 23.50 -3.30 1976 - 2026 percent Monthly

News Stream
Swedish Household Lending Growth Holds at Highest Since 2022
The annual growth rate of lending to Swedish households held at 3.3% in August 2026, unchanged from July and remaining at its highest level since December 2022. Housing loans, which accounted for 83% of total household credit, grew 3.5%, while consumer loans, representing 6%, increased 1.4%. Meanwhile, lending to non-financial corporations expanded 3.9%. Borrowing costs remained broadly lower, with the average interest rate on new housing loan agreements steady at 2.78%, while the average floating mortgage rate edged down to 2.73% from 2.74%. The average fixed rate for new housing loans with maturities of one to five years rose to 3.18% from 3.15%, while rates for maturities above five years increased to 3.34% from 3.21%. Total household deposits edged up to SEK 2,970 billion from SEK 2,967 billion, with demand deposits accounting for 74% of savings at SEK 2,202 billion.
2026-09-25
Sweden Household Lending Growth Highest Since 2022
The annual growth rate of lending to Swedish households edged up to 3.3% in July 2026 from 3.2% in the previous month, marking its highest level since December 2022. Housing loans, which accounted for 83% of total household credit, expanded by 3.4%, while consumer loans, representing 6% of the total, grew by 1.3%. Meanwhile, credit extended to non-financial corporations also rose by 3.5%. Overall borrowing costs continued to ease across the board, with the average interest rate on new housing loan agreements declining to 2.78% from 2.80% in June and the average floating mortgage rate ticking lower to 2.74% from 2.75%. The average fixed rate on new housing loans with maturities between one and five years dropped to 3.15% from 3.21%, while those with maturities over five years fell to 3.21% from 3.30%. Total household deposits contracted to SEK 2,967 billion from SEK 2,983 billion in June, with demand deposits accounting for 74% of total savings at SEK 2,206 billion.
2026-08-27
Sweden Household Lending Growth Rises to 3.2%
The annual growth rate of lending to Swedish households rose to 3.2% in June 2026 from 3.1% in May, marking its highest level since January 2023. Housing loans, which accounted for 83% of total, increased by 3.3%, while consumer loans, representing 6% of household lending, grew by 1.1%. Lending to non-financial corporations also rose by 3.9%. Meanwhile, borrowing costs continued to ease, with the average interest rate on new housing loan agreements declining to 2.80% from 2.83% in May, while the average floating mortgage rate fell to 2.75% from 2.78%. The average fixed rate on new housing loans with maturities between one and five years also decreased to 3.21% from 3.25%. The average interest rate on new loans to non-financial corporations dropped to 3.31%, the lowest level since September 2022. On the funding side, household deposits increased to SEK 2,983 billion, with demand deposits accounting for 75% of total deposits, equivalent to SEK 2,225 billion.
2026-07-27