New data from the credit indicator statistics show that the twelve-month growth in the general public’s domestic loan debt was 5.0 per cent to the end of March 2022, unchanged from the previous month.
The general public’s domestic loan debt (C2) amounted to NOK 6 706 billion at end-March. The general public include households etc., non-financial enterprises and municipal governments.
Unchanged debt growth in households
Households’ domestic loan debt totalled to NOK 4 025 billion at end-March. The twelve-month growth was 4.9 per cent to end-March, unchanged from the previous month.
Increased debt growth in non-financial corporations
Non-financial corporations’ domestic loan debt amounted to NOK 2 040 billion at end-March. The twelve-month growth was 5.0 per cent to end-March, up from 4.8 per cent the previous month.
Decreased debt growth in municipal government
Municipal government’s domestic loan debt amounted to NOK 641 billion at end-March. The twelve-month growth was 5.0 per cent to end-March, down from 5.9 per cent the previous month.
Decreased growth in debt securities
The twelve-month growth in the general public’s debt securities was 7.6 per cent to end-March, down from 9.9 per cent the previous month.
Figure 1. Credit indicator (C2). 12-month growth
Line chart with 4 lines.
The chart has 1 X axis displaying Month.
The chart has 1 Y axis displaying Per cent. Data ranges from 2.1 to 8.6.
