The general public’s domestic loan debt in Norway rose by 4.1% year-on-year to NOK 7.64 billion at the end of May 2025, the same pace as in the previous month. This remained the highest growth in domestic loan debt since September 2023, as loan debt of municipal government increased (7.6% vs 7.4% in April), while that of households (at 4.2%) and non-financial corporations (at 2.7%) remained unchanged. source: Statistics Norway
The value of loans in Norway increased 4.10 percent in May of 2025 over the same month in the previous year. Loan Growth in Norway averaged 6.90 percent from 1986 until 2025, 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 2025.
The value of loans in Norway increased 4.10 percent in May of 2025 over the same month in the previous year. Loan Growth in Norway is expected to be 4.00 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 4.10 percent in 2026 and 4.20 percent in 2027, according to our econometric models.