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249770
Increase in domestic debt growth
statistikk
2016-05-31T10:00:00.000Z
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 twelve-month growth in the credit indicator C2 was 5.1 per cent to end-April, up from 5.0 per cent the previous month.

The credit indicator C2, April 2016

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Increase in domestic debt growth

The twelve-month growth in the credit indicator C2 was 5.1 per cent to end-April, up from 5.0 per cent the previous month.

The general public’s gross domestic debt (C2). Percentage changePublished 31 May 2016
November 2015December 2015January 2016February 2016March 2016April 2016
1Annualised figure
12-month growth, total5.45.45.35.25.05.1
3-month moving average, total14.54.44.64.95.4..
12-month growth, households6.26.16.16.05.86.0
12-month growth, non-financial corporations3.23.53.63.83.43.2

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 4 979 billion at end-April.

Stronger debt growth for households

Households’ gross domestic debt totalled NOK 2 933 billion at end-April. The twelve-month growth was 6.0 per cent to end-April, up from 5.8 per cent the month before.

Decreased debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 602 billion at end-April. The twelve-month growth was 3.2 per cent to end-April, down from 3.4 per cent the previous month.

Increased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 444 billion at end-April. The twelve-month growth was 5.7 per cent to end-April, up from 5.1 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-April. This amounted to NOK 3 978 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.6 per cent to end-April, an increase from 5.5 per cent to end-March.

Stronger growth in bond debt

The twelve-month growth rate in bond debt was -0.5 per cent to end-April, up from -1.1 per cent to end-March. The twelve-month growth rate in certificate debt was 30.1 per cent to end-April, down from 32.7 per cent the previous month.