Norway’s general public domestic loan debt rose by 4.6% year-on-year to NOK 7.88 billion at the end of February 2026, following an upwardly revised 4.5% increase in the previous month. The latest reading marked the fastest growth since May 2023, driven by stronger lending to non-financial corporations, which climbed 4.1% to NOK 2.37 billion, accelerating from a 3.5% rise in January. On the other hand, credit expansion softened for municipal governments (4.9% vs 6.5%), while household loan debts remained steady (at 4.7%). Looking at the annualised one-month growth in February, the data indicated a 4.1% increase for the general public, slowing from a 5.9% growth in the preceding period. source: Statistics Norway
The value of loans in Norway increased 4.60 percent in February of 2026 over the same month in the previous year. Loan Growth in Norway averaged 6.85 percent from 1986 until 2026, 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 April of 2026.
The value of loans in Norway increased 4.60 percent in February of 2026 over the same month in the previous year. Loan Growth in Norway is expected to be 4.40 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 4.60 percent in 2027 and 4.50 percent in 2028, according to our econometric models.