Unchanged domestic debt growth
Published:
The twelve-month growth in the credit indicator C2 was 5.1 per cent to end-February, unchanged from the previous month.
- Series archive
- The credit indicator C2 (archive)
Figure 1. Credit indicator (C2)
| 12-month growth | 3-month moving average | |
| Feb. 2014 | 5.8 | 4.7 |
| Mar. 2014 | 5.7 | 5.6 |
| Apr. 2014 | 5.6 | 6.0 |
| May 2014 | 5.5 | 5.8 |
| Jun. 2014 | 5.3 | 5.2 |
| Jul. 2014 | 5.4 | 5.0 |
| Aug. 2014 | 5.3 | 5.3 |
| Sep. 2014 | 5.4 | 5.6 |
| Oct. 2014 | 5.4 | 5.9 |
| Nov. 2014 | 5.2 | 5.5 |
| Des. 2014 | 5.4 | 5.3 |
| Jan. 2014 | 5.6 | 5.2 |
| Feb. 2015 | 5.5 | 6.0 |
| Mar. 2015 | 5.8 | 6.5 |
| Apr. 2015 | 5.7 | 7.1 |
| Maiy2015 | 5.9 | 6.4 |
| Jun. 2015 | 5.8 | 5.7 |
| Jul. 2015 | 5.7 | 4.7 |
| Aug. 2015 | 5.8 | 4.6 |
| Sep. 2015 | 5.5 | 4.7 |
| Oct. 2015 | 5.5 | 4.7 |
| Nov. 2015 | 5.4 | 4.6 |
| Des. 2015 | 5.4 | 4.5 |
| Jan. 2015 | 5.3 | 4.6 |
| Feb. 2016 | 5.2 | 4.9 |
| Mar. 2016 | 4.9 | 5.4 |
| Apr. 2016 | 5.1 | 5.6 |
| May 2016 | 4.8 | 5.6 |
| Jun. 2016 | 5.0 | 5.1 |
| Jul. 2016 | 5.0 | 4.9 |
| Aug. 2016 | 5.0 | 4.9 |
| Sep. 2016 | 5.1 | 5.3 |
| Oct. 2016 | 5.2 | 5.2 |
| Nov. 2016 | 5.0 | 4.7 |
| Des. 2016 | 4.9 | 4.4 |
| Jan. 2017 | 5.1 | 4.5 |
| Feb. 2017 | 5.1 |
The general public’s gross domestic debt C2 amounted to NOK 5 183 billion at end-February.
Increased debt growth in households
Households’ gross domestic debt totalled NOK 3 091 billion at end-February. The twelve-month growth was 6.6 per cent to end-February, up from 6.5 per cent the month before.
Decreased debt growth for non-financial corporations
Non-financial corporations’ gross domestic debt amounted to NOK 1 626 billion at end-February. The twelve-month growth was 2.1 per cent to end-February, down from 2.4 per cent the previous month.
Increased debt growth for municipal government
Municipal government’s gross domestic debt totalled NOK 465 billion at end-February. The twelve-month growth was 6.4 per cent to end-February, up from 5.8 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-February. This amounted to NOK 4 148 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.3 per cent to end-February, down from 5.4 per cent the month before.
Increased growth in bond debt
The twelve-month growth rate in bond debt was 5.1 per cent to end-February, up from 3.1 per cent to end-January. The twelve-month growth rate in certificate debt was -2.4 per cent to end-February, down from 3.8 per cent the previous month.
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Katharina Østensen
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Heidi Vegsund
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Anne Karin Linderud Haugen
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Statistics Norway's Information Centre