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/en/bank-og-finansmarked/statistikker/k2/maaned
198905
Increase in debt growth
statistikk
2015-03-02T10:00:00.000Z
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, January 2015

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Increase in debt growth

The twelve-month growth in the credit indicator C2 was 5.6 per cent to end-January, up from 5.4 per cent the previous month.

The general public’s gross domestic debt (C2). Percentage changePublished 2 March 2015
August 2014September 2014October 2014November 2014December 2014January 2015
1Annualised figure
12-month growth, total5.35.45.45.25.45.6
3-month moving average, total15.65.95.95.34.9..
12-month growth, households6.56.46.46.26.16.2
12-month growth, non-financial corporations2.52.72.82.83.43.8

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 4 659 billion at end-January, up from NOK 4 632 billion at end-December.

Higher debt growth for households

Households’ gross domestic debt totalled NOK 2 727 billion at end-January, up from NOK 2 716 billion the previous month. The twelve-month growth was 6.2 per cent to end-January, up from 6.1 per cent the previous month.

Increased debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 522 billion at end-January, up from NOK 1 513 billion at end-December. The twelve-month growth was 3.8 per cent to end-January, up from 3.4 per cent the previous month.

Increased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 410 billion at end-January, up from NOK 403 billion at end-December. The twelve-month growth was 8.4 per cent to end-January, up from 7.9 per cent the month before.

Increased 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-January. This amounted to NOK 3 717 billion. The twelve-month growth in banks and mortgage companies’ loans was 4.5 per cent to end-January, an increase from 4.3 per cent to end-December.

Increased growth in bond debt

The twelve-month growth rate in bond debt was 12.9 per cent to end-January, up from 12.4 per cent to end-December. The twelve-month growth rate in certificate debt was 1.6 per cent to end-January, down from 3.6 per cent the previous month.

Revision of seasonally-adjusted figuresOpen and readClose

The seasonally-adjusted figures were revised in December 2012 with new seasonal components.