208931_not-searchable
/en/bank-og-finansmarked/statistikker/k2/maaned
208931
Decrease in domestic debt growth
statistikk
2015-08-07T10:00:00.000Z
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, June 2015

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Decrease in domestic debt growth

The twelve-month growth in the credit indicator C2 was 5.8 per cent to end-June, down from 5.9 per cent the previous month.

The general public’s gross domestic debt (C2). Percentage changePublished 7 August 2015
January 2015February 2015March 2015April 2015May 2015June 2015
1Annualised figure
12-month growth, total5.65.55.85.75.95.8
3-month moving average, total15.16.06.67.16.3..
12-month growth, households6.26.26.46.26.46.5
12-month growth, non-financial corporations3.93.33.93.94.43.8

Source: Statistics Norway

Figure 1. Credit indicator (C2)

The general public’s gross domestic debt C2 amounted to NOK 4 791 billion at end-June, up from NOK 4 767 billion at end-May.

Increased debt growth for households

Households’ gross domestic debt totalled NOK 2 806 billion at end-June, up from NOK 2 788 billion the previous month. The twelve-month growth was 6.5 per cent to end-June, up from 6.4 per cent the previous month.

Weaker debt growth for non-financial corporations

Non-financial corporations’ gross domestic debt amounted to NOK 1 563 billion at end-June, up from NOK 1 559 billion at end-May. The twelve-month growth was 3.8 per cent to end-June, down from 4.4 percent the previous month.

Increased debt growth for municipal government

Municipal government’s gross domestic debt totalled NOK 422 billion at end-June, up from NOK 419 billion at end-May. The twelve-month growth was 8.2 per cent to end-June, up from 8.1 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-June. This amounted to NOK 3 831 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.5 per cent to end-June, a decrease from 5.6 per cent to end-May.

Weaker growth in bond debt

The twelve-month growth rate in bond debt was 9.4 per cent to end-June, down from 9.7 per cent to end-May. The twelve-month growth rate in certificate debt was 4.8 per cent to end-June, up from 2.4 per cent the previous month.