Norway: Consumer credit

* indicates monthly or quarterly data series
The most recent value is 1029.7 billion Norwegian Krone as of May 2026, an increase compared to the previous value of 1023.84 billion Norwegian Krone. Historically, the average for Norway from January 1996 to May 2026 is 493.92 billion Norwegian Krone. The minimum of 69.14 billion Norwegian Krone was recorded in January 1997, while the maximum of 1029.7 billion Norwegian Krone was reached in May 2026. Click on the following link to see the values of: Consumer credit around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion Norwegian Krone
  • Definition: Loans provided by commercial banks to households and individuals for the purchase of goods and services, excluding real estate. In billion local currency units.
  • Source: Statistics Norway

Recent values Norway: Consumer credit, billion currency units
2026  May 1029.7
2026  Apr 1023.84
2026  Mar 1020.88
2026  Feb 1016.44
2026  Jan 1019.38
2025  Dec 1022.7
2025  Nov 1013.77
2025  Oct 1004.49


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Other resources:

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Article: Are trade deficits bad for the economy?

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Article: Currency values and investment returns

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 Related indicators Latest Reference Measure
 Inflation 3.1 2025 percent
 Exchange rate regimes 7 2023 index points
 USD exchange rate 9.4276 8/2026 Local Currency Units per USD
 Money supply (broad money) 3,642.36 6/2026 billion
 Consumer Price Index (CPI) 103.9100 7/2026 index points
 Inflation, monthly 1.13 7/2026 percent
 Inflation, annual 2.93 7/2026 percent
 Food and beverages inflation 1.15 7/2026 percent
 Alcohol and tobacco inflation 2.59 7/2026 percent
 Energy price inflation 5.36 7/2026 percent
 Transport services inflation 2.39 8/2026 percent
 Services inflation 3.30 4/2026 percent
 Information and communication inflation 1.40 7/2026 percent
 Restaurant and accommodation services inflation 5.66 7/2026 percent
 Health care inflation 4.38 7/2026 percent
 Education services inflation 2.42 7/2026 percent
 Clothing and footwear inflation 2.89 7/2026 percent
 Housing inflation 3.70 7/2026 percent
 Private sector credit 5,986.60 5/2026 billion
 Business credit 1,818.12 5/2026 billion
 Household credit 4,168.49 5/2026 billion
 Mortgage credit 3,138.79 5/2026 billion
 Consumer credit 1,029.70 5/2026 billion
 Deposit interest rate 4.46 5/2026 percent
 Business credit interest rate 6.39 5/2026 percent
 Mortgage credit interest rate 5.08 5/2026 percent
 Policy rate 4.25 8/2026 percent
 Household debt to GDP 87.30 12/2025 percent
 Debt service ratios for private non-financial sector 28.10 Q4/2025 percent
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