Norway: Private sector credit

* indicates monthly or quarterly data series
 Norway

Private sector credit, billion currency units

 Latest value 5513.49
 Reference March 2024
 Measure billion Norwegian Krone
 Data availability January 1996 - March 2024
 Average 2619.47
 Min - Max 533.62 - 5513.49
 Source Statistics Norway
For that indicator, we provide data for Norway from January 1996 to March 2024. The average value for Norway during that period was 2619.47 billion Norwegian Krone with a minimum of 533.62 billion Norwegian Krone in January 1996 and a maximum of 5513.49 billion Norwegian Krone in March 2024. Click on the following link to see the values of Private sector credit, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Norway - Private sector credit - recent values

Historical chart
Norway - Private sector credit - historical chart - 1996-2024
Measure: billion Norwegian Krone
Source: Statistics Norway


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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

 Related indicators Latest value Reference Measure
 Inflation 5.8 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 10.7321 9/2023 Local Currency Units per USD
 Money supply (broad money) 3,105.16 9/2023 billion
 Consumer Price Index (CPI) 131.6000 9/2023 index points
 Inflation, monthly -0.15 9/2023 percent
 Inflation, annual 2.81 9/2023 percent
 Private sector credit 5,447.91 9/2023 billion
 Business credit 1,691.83 9/2023 billion
 Household credit 3,756.08 9/2023 billion
 Mortgage credit 2,843.70 9/2023 billion
 Consumer credit 0.01 9/2023 billion
 Deposit interest rate 4.09 9/2023 percent
 Business credit interest rate 6.75 9/2023 percent
 Mortgage credit interest rate 5.16 9/2023 percent
 Policy rate 4.25 9/2023 percent
 Household debt to GDP 84.90 9/2023 percent
 Debt service ratios for private non-financial sector 34.30 Q3/2023 percent
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