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. source: Statistics Sweden

The value of loans in Sweden increased 3 percent in January of 2026 over the same month in the previous year. Loan Growth in Sweden averaged 6.94 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 March of 2026.

The value of loans in Sweden increased 3 percent in January of 2026 over the same month in the previous year. Loan Growth in Sweden is expected to be 2.80 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
2026-01-29 07:00 AM
Household Lending Growth YoY
Dec 2.9% 2.8% 2.8%
2026-02-26 07:00 AM
Household Lending Growth YoY
Jan 3% 2.9% 2.9%
2026-03-26 07:00 AM
Household Lending Growth YoY
Feb 3%


Related Last Previous Unit Reference
Banks Balance Sheet 8532827.00 8212556.00 SEK Million Jan 2026
Central Bank Balance Sheet 901896.00 918015.00 SEK Million Feb 2026
Deposit Interest Rate 1.65 1.65 percent Feb 2026
Foreign Exchange Reserves 694494.00 693802.00 SEK Million Feb 2026
Interbank Rate 1.99 1.99 percent Mar 2026
Riksbank Rate 1.75 1.75 percent Feb 2026
Lending Rate 1.85 1.85 percent Feb 2026
Household Lending Growth YoY 3.00 2.90 percent Jan 2026
Loans to Private Sector 1685921.00 1710737.00 SEK Million Jan 2026
Money Supply M0 54436.00 55683.00 SEK Million Jan 2026
Money Supply M1 4225373.00 4118476.00 SEK Million Jan 2026
Money Supply M2 5146525.00 5016447.00 SEK Million Jan 2026
Money Supply M3 5212594.00 5077052.00 SEK Million Jan 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
3.00 2.90 23.50 -3.30 1976 - 2026 percent Monthly

News Stream
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
Swedish Household Lending Growth Rises to 2.9%
The annual growth rate of lending to Swedish households rose to 2.9% in December 2025, returning to October’s nearly three-year high, from 2.8% in November. 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 3.6%, a sharp turnaround from a contraction in December 2024. Meanwhile, the average floating mortgage rate continued its downward trend, easing to 2.65% in December from 2.68% in November, while the average fixed rate on new housing loans with maturities of 1–5 years edged slightly higher to 2.93%. The average interest rate on new mortgage agreements stood at 2.69%. On the funding side, household deposits totaled SEK 2,871 billion, with 75% held in on-demand accounts.
2026-01-29
Swedish Household Lending Growth Ticks Down
The annual growth rate of lending to Swedish households inched down to 2.8% in November 2025, following an almost three-year high of 2.9% in October. Housing loans, which make up 83% of total household lending, stood at 2.7% year-on-year, while consumer loans, accounting for 6% of household lending, grew 3.1%, down from 4.4% in October. Lending to non-financial corporations rose 3.5% over the year. Meanwhile, the average interest rate on new mortgage agreements eased to 2.71% in November, slightly down from 2.72% in October, while the average fixed rate on new housing loans with 1-5 years maturities remained at 2.89%. Deposits from households increased to SEK 2,872 billion from SEK 2,853 billion in the previous month, with 75% held in on-demand accounts.
2025-12-30