208933_not-searchable
/en/bank-og-finansmarked/statistikker/k2/maaned
208933
Decrease in domestic debt growth
statistikk
2015-08-31T10:00:00.000Z
Banking and financial markets
en
k2, The credit indicator C2, general public’s gross domestic debt, credit expansion, credit transactions, liabilities, creditFinancial indicators, Banking and financial markets
false

The credit indicator C2, July 2015

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Decrease in domestic debt growth

The twelve-month growth in the credit indicator C2 was 5.7 per cent to end-July, down from 5.8 per cent the previous month.

The general public’s gross domestic debt (C2). Percentage changePublished 31 August 2015
February 2015March 2015April 2015May 2015June 2015July 2015
1Annualised figure
12-month growth, total5.55.85.75.95.85.7
3-month moving average, total16.06.67.26.45.8..
12-month growth, households6.26.46.26.46.56.5
12-month growth, non-financial corporations3.33.93.94.53.93.4

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 4 806 billion at end-July, up from NOK 4 794 billion at end-June.

Unchanged debt growth for households

Households’ gross domestic debt totalled NOK 2 821 billion at end-July, up from NOK 2 806 billion the previous month. The twelve-month growth was 6.5 per cent to end-July, unchanged from the previous month.

Weaker debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 560 billion at end-July, down from NOK 1 563 billion at end-June. The twelve-month growth was 3.4 per cent to end-July, down from 3.9 per cent the previous month.

Decreased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 425 billion at end-July, up from NOK 424 billion at end-June. The twelve-month growth was 8.5 per cent to end-July, down from 8.6 per cent the month before.

Increased growth in banks and mortgage companies’ loans

Of the general public’s gross domestic debt, 80 per cent consisted of banks and mortgage companies’ loans at end-July. This amounted to NOK 3 842 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.6 per cent to end-July, an increase from 5.5 per cent to end-June.

Weaker growth in bond debt

The twelve-month growth rate in bond debt was 8.1 per cent to end-July, down from 9.4 per cent to end-June. The twelve-month growth rate in certificate debt was 5.8 per cent to end-July, up from 4.8 per cent the previous month.