Norway: Business credit
* indicates monthly or quarterly data series
The most recent value is 1755.37 billion Norwegian Krone as of December 2024, a decline compared to the previous value of 1759.03 billion Norwegian Krone. Historically, the average for Norway from January 1996 to December 2024 is 851.31 billion Norwegian Krone. The minimum of 197.3 billion Norwegian Krone was recorded in January 1996, while the maximum of 1759.03 billion Norwegian Krone was reached in November 2024.
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* indicates monthly or quarterly data series
- Measure: billion Norwegian Krone
- Source: Statistics Norway
| Recent values | Norway: Business credit, billion currency units |
|---|---|
| 2024 Dec | 1755.37 |
| 2024 Nov | 1759.03 |
| 2024 Oct | 1751.63 |
| 2024 Sep | 1744.98 |
| 2024 Aug | 1742.77 |
| 2024 Jul | 1741.13 |
| 2024 Jun | 1733.14 |
| 2024 May | 1725.64 |
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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 5.5 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 10.7169 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 3,183.00 | 12/2024 | billion |
| Consumer Price Index (CPI) | 137.5000 | 3/2025 | index points |
| Inflation, monthly | -0.79 | 3/2025 | percent |
| Inflation, annual | 2.31 | 3/2025 | percent |
| Private sector credit | 5,650.32 | 12/2024 | billion |
| Business credit | 1,755.37 | 12/2024 | billion |
| Household credit | 3,894.96 | 12/2024 | billion |
| Mortgage credit | 2,925.72 | 12/2024 | billion |
| Consumer credit | 969.24 | 12/2024 | billion |
| Deposit interest rate | 4.83 | 12/2024 | percent |
| Business credit interest rate | 6.85 | 12/2024 | percent |
| Mortgage credit interest rate | 5.66 | 12/2024 | percent |
| Policy rate | 4.50 | 3/2025 | percent |
| Household debt to GDP | 88.60 | 9/2024 | percent |
| Debt service ratios for private non-financial sector | 28.90 | Q3/2024 | percent |