New data from the credit indicator statistics show that the twelve-month growth in the general public’s domestic loan debt was 5.5 per cent to the end of December 2022, up from 5.4 per cent the previous month.
The general public’s domestic loan debt (C2) amounted to NOK 6 992 billion at end-December. The general public include households etc., non-financial enterprises and municipal government.
Increased debt growth in households
Households’ domestic loan debt totalled to NOK 4 159 billion at end-December. The twelve-month growth was 4.2 per cent to end-December, up from 4.1 per cent the previous month.
Increased debt growth in non-financial corporations
Non-financial corporations’ domestic loan debt amounted to NOK 2 173 billion at end-December. The twelve-month growth was 8.0 per cent to end-December, up from 7.8 per cent the previous month.
Increased debt growth in municipal government
Municipal government’s domestic loan debt amounted to NOK 660 billion at end-December. The twelve-month growth was 5.7 per cent to end-October, up from 5.4 per cent the previous month.
Figure 1. Credit indicator (C2). 12-month growth. Per cent
Line chart with 4 lines.
The chart has 1 X axis displaying Month.
The chart has 1 Y axis displaying Per cent. Data ranges from 3.2 to 8.6.
General public
Households
Non-financial corporations
Municipalities
End of interactive chart.
Figure 1. Credit indicator (C2). 12-month growth. Per cent