Norway: Household debt to GDP
* indicates monthly or quarterly data series
The most recent value is 87.3 percent as of December 2025, an increase compared to the previous value of 86.1 percent. Historically, the average for Norway from March 1975 to December 2025 is 67.24 percent. The minimum of 40.7 percent was recorded in September 1975, while the maximum of 109.1 percent was reached in December 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Definition: The total outstanding debt of households to banks and other financial institutions as percent of GDP.
- Source: The Bank for International Settlements
| Recent values | Norway: Household debt to GDP, in percent |
|---|---|
| 2025  Dec | 87.3 |
| 2025  Sep | 86.1 |
| 2025  Jun | 85.4 |
| 2025  Mar | 84.4 |
| 2024  Dec | 85.4 |
| 2024  Sep | 85 |
| 2024  Jun | 85 |
| 2024  Mar | 84.8 |
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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 | 3.24 | 8/2026 | percent |
| Restaurant and accommodation services inflation | 5.54 | 8/2026 | percent |
| Health care inflation | 4.39 | 8/2026 | percent |
| Education services inflation | 2.42 | 8/2026 | percent |
| Clothing and footwear inflation | 2.16 | 8/2026 | 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 |