208945_not-searchable
/en/bank-og-finansmarked/statistikker/k2/maaned
208945
Increase in debt growth
statistikk
2015-04-30T10:00:00.000Z
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 2015

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Increase in debt growth

The twelve-month growth in the credit indicator C2 was 5.8 per cent to end-March, up from 5.5 per cent the previous month.

The general public’s gross domestic debt (C2). Percentage changePublished 30 April 2015
October 2014November 2014December 2014January 2015February 2015March 2015
1Annualised figure
12-month growth, total5.45.25.45.65.55.8
3-month moving average, total15.95.35.05.06.0..
12-month growth, households6.46.26.16.26.26.4
12-month growth, non-financial corporations2.82.83.43.93.33.9

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 4 714 billion at end-March, up from NOK 4 674 billion at end-February.

Increased debt growth for households

Households’ gross domestic debt totalled NOK 2 756 billion at end-March, up from NOK 2 736 billion the previous month. The twelve-month growth was 6.4 per cent to end-March, up from 6.2 per cent the previous month.

Increased debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 541 billion at end-March, up from NOK 1 523 billion at end-February. The twelve-month growth was 3.9 per cent to end-March, up from 3.3 per cent the previous month.

Increased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 417 billion at end-March, up from NOK 415 billion at end-February. The twelve-month growth was 8.9 per cent to end-March, up from 8.6 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-March. This amounted to NOK 3 766 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.1 per cent to end-March, an increase from 4.7 per cent to end-February.

Decreased growth in bond and certificate debt

The twelve-month growth rate in bond debt was 10.4 per cent to end-March, down from 11.1 per cent to end-February. The twelve-month growth rate in certificate debt was 0.6 per cent to end-March, down from 1.0 per cent the previous month.