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. source: Statistics Sweden

The value of loans in Sweden increased 3.30 percent in July 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 August of 2026.

The value of loans in Sweden increased 3.30 percent in July of 2026 over the same month in the previous year. Loan Growth in Sweden is expected to be 3.10 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 2.40 percent in 2027 and 2.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-27 06:00 AM
Household Lending Growth YoY
Jun 3.2% 3.1% 3.2%
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%


Related Last Previous Unit Reference
Banks Balance Sheet 8622996.00 8606436.00 SEK Million Jun 2026
Central Bank Balance Sheet 879157.00 879189.00 SEK Million Jul 2026
Deposit Interest Rate 1.65 1.65 percent Jul 2026
Foreign Exchange Reserves 720823.00 721432.00 SEK Million Jul 2026
Interbank Rate 2.02 2.02 percent Aug 2026
Riksbank Rate 1.75 1.75 percent Aug 2026
Lending Rate 1.85 1.85 percent Jul 2026
Household Lending Growth YoY 3.30 3.20 percent Jul 2026
Loans to Private Sector 1775140.00 1761875.00 SEK Million Jun 2026
Money Supply M0 55646.00 55378.00 SEK Million Jun 2026
Money Supply M1 4213172.00 4187419.00 SEK Million Jun 2026
Money Supply M2 5182814.00 5138508.00 SEK Million Jun 2026
Money Supply M3 5239978.00 5220280.00 SEK Million Jun 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
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
Sweden Household Lending Growth Edges Up to 3.1%
The annual growth rate of lending to Swedish households edged up to 3.1% in May 2026 from 3.0% in April, marking its highest level since January 2023. Housing loans, which accounted for 83% of total household lending, grew by 3.2%, while consumer loans, representing around 6% of household lending, increased by 1.6%. Lending to non-financial corporations also accelerated to 3.3% from 3.1% in the previous month. Meanwhile, mortgage borrowing costs eased, with the average floating housing loan rate declining to 2.78% from 2.81%, while the average fixed rate on new housing loans with maturities between one and five years fell to 3.25% from 3.29%. The average interest rate on new mortgage agreements also decreased to 2.83% from 2.88%. On the funding side, household deposits rose to SEK 2,967 billion, with 74% held in demand accounts, amounting to SEK 2,208 billion.
2026-06-26