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241346
Weaker growth in domestic debt
statistikk
2016-01-08T10:00:00.000Z
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 twelve-month growth in the credit indicator C2 was 5.4 per cent to end-November 2015, down from 5.5 per cent the previous month.

The credit indicator C2, November 2015

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Weaker growth in domestic debt

The twelve-month growth in the credit indicator C2 was 5.4 per cent to end-November 2015, down from 5.5 per cent the previous month.

The general public’s gross domestic debt (C2). Percentage changePublished 8 January 2016
June 2015July 2015August 2015September 2015October 2015November 2015
1Annualised figure
12-month growth, total5.85.75.85.65.55.4
3-month moving average, total15.84.95.05.14.6..
12-month growth, households6.56.56.46.46.26.2
12-month growth, non-financial corporations3.93.44.23.73.63.1

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 4 875 billion at end-November last year.

Unchanged debt growth for households

Households’ gross domestic debt totalled NOK 2 858 billion at end-November. The twelve-month growth was 6.2 per cent to end-November, unchanged from the previous month.

Weaker debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 583 billion at end-November, up from NOK 1 582 billion at end-October. The twelve-month growth was 3.1 per cent to end-November, down from 3.6 per cent the previous month.

Increased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 434 billion at end-November, up form NOK 428 billion at end-October. The twelve-month growth was 8.2 per cent to end-November, up from 7.6 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-November. This amounted to NOK 3 910 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.8 per cent to end-November, a decrease from 5.9 per cent to end-October.

Weaker growth in bond debt

The twelve-month growth rate in bond debt was 4.2 per cent to end-November, down from 4.7 per cent to end-October. The twelve-month growth rate in certificate debt was 25.1 per cent to end-November, up from 8.5 per cent the previous month.