249808_not-searchable
/en/bank-og-finansmarked/statistikker/k2/maaned
249808
Decrease in domestic debt growth
statistikk
2016-06-30T10:00:00.000Z
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, May 2016

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Decrease in domestic debt growth

The twelve-month growth in the credit indicator C2 was 4.8 per cent to end-May, down from 5.1 per cent the previous month.

The general public’s gross domestic debt (C2). Percentage changePublished 30 June 2016
December 2015January 2016February 2016March 2016April 2016May 2016
1Annualised figure
12-month growth, total5.45.35.25.05.14.8
3-month moving average, total14.44.64.95.45.5..
12-month growth, households6.16.16.05.86.05.8
12-month growth, non-financial corporations3.53.63.83.43.22.6

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 5 012 billion at end-May.

Decreased debt growth for households

Households’ gross domestic debt totalled NOK 2 953 billion at end-May. The twelve-month growth was 5.8 per cent to end-May, down from 6.0 per cent the month before.

Decreased debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 614 billion at end-May. The twelve-month growth was 2.6 per cent to end-May, down from 3.2 per cent the previous month.

Increased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 445 billion at end-May. The twelve-month growth was 5.8 per cent to end-May, up from 5.7 per cent the month before. 

Decreased 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-May. This amounted to NOK 4 011 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.4 per cent to end-May, a decrease from 5.6 per cent to end-April.

Decreased growth in bond debt

The twelve-month growth rate in bond debt was -1.7 per cent to end-May, down from -0.5 per cent to end-April. The twelve-month growth rate in certificate debt was 21.4 per cent to end-May, down from 30.1 per cent the previous month.