Norway: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 5986.6 billion Norwegian Krone as of May 2026, an increase compared to the previous value of 5958.04 billion Norwegian Krone. Historically, the average for Norway from January 1996 to May 2026 is 2842.48 billion Norwegian Krone. The minimum of 533.62 billion Norwegian Krone was recorded in January 1996, while the maximum of 5986.6 billion Norwegian Krone was reached in May 2026.
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* indicates monthly or quarterly data series
- Measure: billion Norwegian Krone
- Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
- Source: Statistics Norway
| Recent values | Norway: Private sector credit, billion currency units |
|---|---|
| 2026 May | 5986.6 |
| 2026 Apr | 5958.04 |
| 2026 Mar | 5936.24 |
| 2026 Feb | 5914.25 |
| 2026 Jan | 5895.14 |
| 2025 Dec | 5919.33 |
| 2025 Nov | 5896.56 |
| 2025 Oct | 5865.83 |
Download data from our database Other resources: All indicators for Norway All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.1 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 9.3883 | 9/2026 | Local Currency Units per USD |
| Money supply (broad money) | 3,642.36 | 6/2026 | billion |
| Consumer Price Index (CPI) | 103.9900 | 9/2026 | index points |
| Inflation, monthly | 0.57 | 9/2026 | percent |
| Inflation, annual | 3.39 | 9/2026 | percent |
| Food and beverages inflation | 1.56 | 8/2026 | percent |
| Alcohol and tobacco inflation | 2.39 | 8/2026 | percent |
| Energy price inflation | 4.53 | 8/2026 | percent |
| Transport services inflation | 2.39 | 8/2026 | percent |
| Services inflation | 3.30 | 4/2026 | percent |
| Information and communication inflation | 1.69 | 9/2026 | percent |
| Restaurant and accommodation services inflation | 5.96 | 9/2026 | percent |
| Health care inflation | 4.89 | 9/2026 | percent |
| Education services inflation | 4.33 | 9/2026 | percent |
| Clothing and footwear inflation | 2.18 | 9/2026 | percent |
| Housing inflation | 3.57 | 9/2026 | percent |
| Private sector credit | 5,986.60 | 5/2026 | billion |
| Business credit | 1,818.12 | 5/2026 | billion |
| Household credit | 4,168.49 | 5/2026 | billion |
| Mortgage credit | 3,138.79 | 5/2026 | billion |
| Consumer credit | 1,029.70 | 5/2026 | billion |
| Deposit interest rate | 4.46 | 5/2026 | percent |
| Business credit interest rate | 6.39 | 5/2026 | percent |
| Mortgage credit interest rate | 5.08 | 5/2026 | percent |
| Policy rate | 4.50 | 9/2026 | percent |
| Household debt to GDP | 87.80 | 3/2026 | percent |
| Debt service ratios for private non-financial sector | 28.30 | Q1/2026 | percent |