Norway General Public Domestic Loan Debt y/y

Country:
Norway
NOK, Norwegian Krone
Sector:
Money
Low 4.9% 4.7%
4.8%
Last release Importance Actual Forecast
Previous
4.8%
4.9%
Next release Actual Forecast
Previous
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General Public Domestic Loan Debt y/y reflects household debt to Norwegian credit institutions in Norwegian kroner and in foreign currency. The public here means the institutional sectors of government, non-financial corporations, households, etc. Households also include non-profit organizations serving households.

The statistics cover debt on all loans issued by domestic banks, state credit institutions, financial and non-life insurance companies, mortgage companies, pension funds and others. Also included are debt securities issued in Norway.

Statistics Norway collects debt data from reports submitted by banks, mortgage companies, government credit institutions and financial companies. Additional data is provided by pension funds, the Central Depository and the Central Financial Supervision Authority.

The loan debt indicator directly reflects private sector lending in Norway. The amount of credit loans issued to households and private businesses characterizes the level of the country's banking sector development, consumer well-being and, in part, retail sales This indicator is not predictive: people take out more loans when the interest rate decreases or when the labor market rises (households have more confidence in future income). This figure is rarely interpreted as a separate indicator and is analyzed by economists in conjunction with other indicators, such as consumer spending, wages and banking sector state.

In general, Retail Sales growth indicates an increase in consumer activity and can be seen as positive for the Norwegian krone quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "Norway General Public Domestic Loan Debt y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jan 2021
4.9%
4.7%
4.8%
Dec 2020
4.8%
4.6%
4.7%
Nov 2020
4.7%
4.5%
4.5%
Oct 2020
4.5%
4.6%
4.6%
Sep 2020
4.6%
4.6%
4.7%
Aug 2020
4.7%
4.5%
4.5%
Jul 2020
4.6%
4.5%
4.5%
Jun 2020
4.5%
4.6%
4.6%
May 2020
4.6%
4.6%
4.6%
Apr 2020
4.6%
4.7%
4.7%
Mar 2020
4.7%
4.9%
Feb 2020
4.8%
5.0%
Jan 2020
5.0%
5.1%
Dec 2019
5.1%
5.6%
Nov 2019
5.6%
5.6%
Oct 2019
5.6%
5.8%
Sep 2019
5.8%
5.5%
Aug 2019
5.5%
5.6%
Jul 2019
5.6%
5.7%
Jun 2019
5.7%
5.7%
May 2019
5.6%
5.7%
Apr 2019
5.7%
5.8%
Mar 2019
5.8%
5.8%
Feb 2019
5.7%
5.7%
Jan 2019
5.7%
5.6%
Dec 2018
5.4%
5.6%
Nov 2018
5.5%
5.7%
Oct 2018
5.7%
5.5%
Sep 2018
5.6%
5.9%
Aug 2018
5.8%
5.7%
Jul 2018
5.7%
5.9%
Jun 2018
5.8%
6.1%
May 2018
6.0%
6.3%
Apr 2018
6.3%
6.2%
Mar 2018
6.3%
6.3%
Feb 2018
6.3%
6.2%
Jan 2018
6.1%
6.4%
Dec 2017
6.3%
5.8%
Nov 2017
5.8%
5.7%
Oct 2017
5.7%
5.8%
Sep 2017
5.8%
5.6%
Aug 2017
5.6%
5.7%
Jul 2017
5.7%
5.7%
Jun 2017
5.7%
5.4%
May 2017
5.4%
5.1%
Apr 2017
5.1%
5.2%
Mar 2017
5.3%
5.1%
Feb 2017
5.1%
5.1%
Jan 2017
5.1%
4.9%
Dec 2016
4.8%
5.0%

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