250187_not-searchable
/en/bank-og-finansmarked/statistikker/k2/maaned
250187
Unchanged domestic debt growth
statistikk
2016-08-31T10:00:00.000Z
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 twelve-month growth in the credit indicator C2 was 5.0 per cent to end-July, unchanged from the previous month.

The credit indicator C2, July 2016

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As from 23 September, all of Statistics Norway’s statistics will be released at 8 am.

Unchanged domestic debt growth

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

The general public’s gross domestic debt (C2). Percentage changePublished 31 August 2016
February 2016March 2016April 2016May 2016June 2016July 2016
1Annualised figure
12-month growth, total5.25.05.14.85.05.0
3-month moving average, total14.95.45.55.65.1..
12-month growth, households6.05.86.05.96.05.8
12-month growth, non-financial corporations3.83.43.32.63.03.5

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 5 055 billion at end-July.

Decreased debt growth for households

Households’ gross domestic debt totalled NOK 2 986 billion at end-July. The twelve-month growth was 5.8 per cent to end-July, down from 6.0 per cent the month before.

Increased debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 622 billion at end-July. The twelve-month growth was 3.5 per cent to end-July, up from 3.0 per cent the previous month.

Decreased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 447 billion at end-July. The twelve-month growth was 5.1 per cent to end-July, down from 5.4 per cent the month before.

Unchanged 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 4 046 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.6 per cent to end-July, unchanged from end-June.

Increased growth in bond debt

The twelve-month growth rate in bond debt was -0.1 per cent to end-July, up from -0.9 per cent to end-June. The twelve-month growth rate in certificate debt was 17.0 per cent to end-July, down from 20.8 per cent the previous month.