The general public’s domestic loan debt in Norway increased 4.8 percent year-on-year to NOK 6,783 billion at the end of May 2022, unchanged from April’s 16-Month low. Loan debt growth of both households (4.7 percent vs 4.8 percent in April) and municipal government (4.2 percent vs 4.3 percent in April) eased, while those of non-financial corporations accelerated (5.3 percent vs 4.9 percent). source: Norges Bank
Loan Growth in Norway averaged 7.12 percent from 1986 until 2022, reaching an all time high of 24.20 percent in February of 1987 and a record low of -4.40 percent in October of 1992. This page provides - Norway Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Credit Indicator - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Loan Growth in Norway is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Credit Indicator is projected to trend around 2.80 percent in 2023, according to our econometric models.