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250207
Decreased domestic debt growth
statistikk
2016-11-30T08:00:00.000Z
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, October 2016

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Decreased domestic debt growth

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

The general public’s gross domestic debt (C2). Percentage changePublished 30 November 2016
May 2016June 2016July 2016August 2016September 2016October 2016
1Annualised figure
12-month growth, total4.85.05.05.05.15.0
3-month moving average, total15.65.15.15.15.3..
12-month growth, households5.96.05.96.16.26.3
12-month growth, non-financial corporations2.63.03.33.02.82.6

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 5 112 billion at end-October.

Increased growth in households

Households’ gross domestic debt totalled NOK 3 045 billion at end-October. The twelve-month growth was 6.3 per cent to end-October, up from 6.2 per cent the month before.

Decreased debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 615 billion at end-October. The twelve-month growth was 2.6 per cent to end-October, down from 2.8 per cent the previous month.

Decreased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 452 billion at end-October. The twelve-month growth was 5.7 per cent to end-October, down from 6.4 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-October. This amounted to NOK 4 089 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.5 per cent to end-October, down from 5.6 per cent the month before.

Increased growth in bond debt

The twelve-month growth rate in bond debt was 3.6 per cent to end-October, up from 2.1 per cent to end-September. The twelve-month growth rate in certificate debt was 12.4 per cent to end-October, up from 10.7 per cent the previous month.