152067_not-searchable
/en/bank-og-finansmarked/statistikker/k2/maaned
152067
Unchanged debt growth
statistikk
2014-05-05T10:00:00.000Z
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, March 2014

Content

Published:

This is an archived release.

Go to latest release

Unchanged debt growth

The twelve-month growth in the credit indicator C2 was 5.8 per cent to end-March, unchanged compared to the previous month.

The general public’s gross domestic debt (C2). Percentage changePublished 5 May 2014
October 2013November 2013December 2013January 2014February 2014March 2014
1Annualised figure
12-month growth, total6.26.06.05.75.85.8
3-month moving average, total16.25.54.44.04.6..
12-month growth, households7.27.07.06.86.76.9
12-month growth, non-financial corporations3.93.83.83.23.83.5

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 4 422 billion at end-March, up from NOK 4 403 billion at end-February. The growth in the general public’s gross domestic debt based on the three-month moving average increased to 4.6 per cent in the period January-March, up from 4.0 per cent in the previous three-month period.

Increase in debt growth for households

Households’ gross domestic debt totalled NOK 2 587 billion at end-March, up from NOK 2 573 billion the previous month. The twelve-month growth was 6.9 per cent to end-March, up from 6.7 per cent the previous month.

Decrease in debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 453 billion at end-March, up from NOK 1 449 billion at end-February. The twelve-month growth was 3.5 per cent to end-March, down from 3.8 per cent the month before.

Decreased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 382 billion at end-March, marginally up from NOK 381 billion at end-February. The twelve-month growth was 7.6 per cent to end-March, down from 8.0 the previous month.

Continued high activity in the bond market

The twelve-month growth rate in bond debt was 20.3 per cent to end-March, down from 20.9 per cent to end-February. The twelve-month growth rate in certificate debt was -5.4 per cent to end-March, up from -5.9 per cent the previous month.