The general public’s domestic loan debt in Norway increased by 5.1 percent year-on-year to NOK 6,628 billion at the end of November 2021 from 5.3 percent in the previous month. It was the weakest growth in domestic loan debt since April, as all categories of loan debt grew softer: non-financial corporations (4.9 percent vs 5.1 percent in October), households etc (5.0 percent vs 5.1 percent), and municipal government (6.3 percent vs 7.5 percent). source: Norges Bank
Loan Growth in Norway averaged 7.15 percent from 1986 until 2021, 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 January of 2022.
Loan Growth in Norway is expected to be 6.00 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.