Norway: Household credit

* indicates monthly or quarterly data series
The most recent value is 3932.95 billion Norwegian Krone as of March 2025, an increase compared to the previous value of 3921.06 billion Norwegian Krone. Historically, the average for Norway from January 1996 to March 2025 is 1862.84 billion Norwegian Krone. The minimum of 336.32 billion Norwegian Krone was recorded in January 1996, while the maximum of 3932.95 billion Norwegian Krone was reached in March 2025. Click on the following link to see the values of: Household credit around the world.
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* indicates monthly or quarterly data series

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Recent values Norway: Household credit, billion currency units
2025  Mar 3932.95
2025  Feb 3921.06
2025  Jan 3916.51
2024  Dec 3894.47
2024  Nov 3899.58
2024  Oct 3882.39
2024  Sep 3866.64
2024  Aug 3851.52


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Definition: Household credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to households. 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 10.0598 6/2025 Local Currency Units per USD
 Money supply (broad money) 3,311.75 3/2025 billion
 Consumer Price Index (CPI) 139.0000 5/2025 index points
 Inflation, monthly 0.43 5/2025 percent
 Inflation, annual 2.73 5/2025 percent
 Private sector credit 5,697.30 3/2025 billion
 Business credit 1,764.35 3/2025 billion
 Household credit 3,932.95 3/2025 billion
 Mortgage credit 2,976.35 4/2025 billion
 Consumer credit 972.53 3/2025 billion
 Deposit interest rate 4.81 3/2025 percent
 Business credit interest rate 6.71 3/2025 percent
 Mortgage credit interest rate 5.65 3/2025 percent
 Policy rate 4.50 5/2025 percent
 Household debt to GDP 88.60 12/2024 percent
 Debt service ratios for private non-financial sector 29.10 Q4/2024 percent
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