The annual growth rate of lending to Swedish households rose to 3.1% in March 2026 from 3.0% in the previous month, and remained at the highest level since January 2023. Housing loans, which accounted for 83% of total household lending, also grew by 3.0%, while consumer loans, representing around 6% of household lending, increased by 3.5%. Lending to non-financial corporations expanded 3.2%, a sharp turnaround from a 0.6% increase in the same month last year. Meanwhile, the average floating mortgage rate edged up to 2.65% in March from 2.64% in February. The average fixed rate on new housing loans with maturities of 15 years rose to 3.02% from 2.90% in the previous month, while the average interest rate on new mortgage agreements increased to 2.74%. On the funding side, household deposits totaled SEK 2,902 billion, with 74% held in on-demand accounts, amounting to SEK 2,158 billion. source: Statistics Sweden

The value of loans in Sweden increased 3.10 percent in March of 2026 over the same month in the previous year. Loan Growth in Sweden averaged 6.92 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 May of 2026.

The value of loans in Sweden increased 3.10 percent in March of 2026 over the same month in the previous year. Loan Growth in Sweden is expected to be 2.50 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 2.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-26 07:00 AM
Household Lending Growth YoY
Feb 3% 3% 3.1%
2026-04-29 06:00 AM
Household Lending Growth YoY
Mar 3.1% 3% 3.0%
2026-05-29 06:00 AM
Household Lending Growth YoY
Apr 3.1% 3.2%


Related Last Previous Unit Reference
Banks Balance Sheet 8604747.00 8487283.00 SEK Million Mar 2026
Central Bank Balance Sheet 927872.00 923647.00 SEK Million Apr 2026
Deposit Interest Rate 1.65 1.65 percent Apr 2026
Foreign Exchange Reserves 733418.00 727470.00 SEK Million Apr 2026
Interbank Rate 2.00 2.04 percent May 2026
Riksbank Rate 1.75 1.75 percent May 2026
Lending Rate 1.85 1.85 percent Apr 2026
Household Lending Growth YoY 3.10 3.00 percent Mar 2026
Loans to Private Sector 1716062.00 1710292.00 SEK Million Mar 2026
Money Supply M0 54844.00 54035.00 SEK Million Mar 2026
Money Supply M1 4168899.00 4186677.00 SEK Million Mar 2026
Money Supply M2 5103969.00 5097699.00 SEK Million Mar 2026
Money Supply M3 5174436.00 5161127.00 SEK Million Mar 2026
Private Debt to GDP 202.50 191.40 percent Dec 2024


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
3.10 3.00 23.50 -3.30 1976 - 2026 percent Monthly

News Stream
Swedish Household Lending Growth Rises to 3.1%
The annual growth rate of lending to Swedish households rose to 3.1% in March 2026 from 3.0% in the previous month, and remained at the highest level since January 2023. Housing loans, which accounted for 83% of total household lending, also grew by 3.0%, while consumer loans, representing around 6% of household lending, increased by 3.5%. Lending to non-financial corporations expanded 3.2%, a sharp turnaround from a 0.6% increase in the same month last year. Meanwhile, the average floating mortgage rate edged up to 2.65% in March from 2.64% in February. The average fixed rate on new housing loans with maturities of 15 years rose to 3.02% from 2.90% in the previous month, while the average interest rate on new mortgage agreements increased to 2.74%. On the funding side, household deposits totaled SEK 2,902 billion, with 74% held in on-demand accounts, amounting to SEK 2,158 billion.
2026-04-29
Swedish Household Lending Rate Unchanged in February
The annual growth rate of lending to Swedish households stood at 3% in February 2026, unchanged from the previous month, and remained at the highest level since January 2023. Housing loans, which accounted for 83% of total household lending, also grew steadily at 2.9%, while consumer loans, representing around 6% of household lending, edged down by 3.1%. Lending to non-financial corporations expanded by 3.8%, from a 0.3% growth in the same month last year. Meanwhile, the average floating mortgage rate ticked down to 2.64% in February from 2.66% in January, while the average fixed rate on new housing loans with maturities of 1-5 years decreased to 2.90% from 2.98% in the previous month. The average interest rate on new mortgage agreements inched down to 2.66%. On the funding side, household deposits totaled SEK 2,891 billion, with 75% held in on-demand accounts.
2026-03-26
Swedish Household Lending Growth at 3-Year High
The annual growth rate of lending to Swedish households rose to 3% in January 2026 from 2.9% in the previous month, marking the highest level since January 2023. Housing loans, which accounted for 83% of total household lending, also grew steadily at 2.9%, while consumer loans, representing around 6% of household lending, increased by 3.2%. Lending to non-financial corporations expanded 3.7%, a sharp turnaround from a 0.5% contraction in the same month last year. Meanwhile, the average floating mortgage rate edged higher to 2.66% in January from 2.65% in December, while the average fixed rate on new housing loans with maturities of 1–5 years rose to 2.98% from 2.93% in the previous month. The average interest rate on new mortgage agreements increased slightly to 2.7%. On the funding side, household deposits totaled SEK 2,888 billion, with 75% held in on-demand accounts.
2026-02-26