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274818
Decreased domestic debt growth
statistikk
2017-01-31T08:00:00.000Z
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, December 2016

October and November transactions and growth rates are revised due to portfolio movements from banks and mortgage companies to life insurance Companies.

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Decreased domestic debt growth

The twelve-month growth in the credit indicator C2 was 4.8 per cent to end-December, down from 5.0 per cent the previous month.

The general public’s gross domestic debt (C2). Percentage changePublished 31 January 2017
July 2016August 2016September 2016October 2016November 2016December 2016
1Annualised figure
12-month growth, total5.05.05.15.15.04.8
3-month moving average, total15.15.15.45.04.4..
12-month growth, households5.96.16.36.46.36.4
12-month growth, non-financial corporations3.33.02.62.72.72.0

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 5 121 billion at end-December.

Increased debt growth in households

Households’ gross domestic debt totalled NOK 3 057 billion at end-December. The twelve-month growth was 6.4 per cent to end-December, up from 6.3 per cent the month before.

Decreased debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 609 billion at end-December. The twelve-month growth was 2.0 per cent to end-December, down from 2.7 per cent the previous month.

Increased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 455 billion at end-December. The twelve-month growth was 5.1 per cent to end-December, up from 4.6 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-December. This amounted to NOK 4 103 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.4 per cent to end-December, down from 5.5 per cent the month before.

Decreased growth in bond debt

The twelve-month growth rate in bond debt was 2.8 per cent to end-December, down from 3.1 per cent to end-November. The twelve-month growth rate in certificate debt was 6.8 per cent to end-December, down from 7.7 per cent the previous month.