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/en/bank-og-finansmarked/statistikker/k3/maaned
225689
Decrease in total debt growth
statistikk
2015-08-31T10:00:00.000Z
Banking and financial markets
en
k3, The credit indicator C3, total gross debt, foreign debt, debt, credit, total debtFinancial indicators, Banking and financial markets
false

The credit indicator C3June 2015

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Decrease in total debt growth

The twelve-month growth in total gross debt (C3) was 6.7 per cent to end-June, down from 6.9 per cent the previous month. The decrease stemmed from both domestic and foreign debt sources.

Total gross dept (C3). Twelve-month growth. Per cent
June 2015May 2015April 2015March 2015February 2015January 2015
Total gross debt (C3)6.76.95.87.16.86.3
Total gross loan debt, offshore ind.10.911.26.315.211.18.0
Total gross loan debt, mainland-Norway6.16.25.85.86.16.1
Domestic gross debt (C2)5.85.95.75.85.55.6
Gross external loan debt9.910.26.211.611.18.8
Gross external loan debt, offshore ind.13.713.97.418.713.79.4
Gross external loan debt, mainland-Norway6.46.85.15.48.88.2
Figure 1. The credit indicator C3. 12-month growth

Total gross debt amounted to NOK 6 323 billion at end-June, up from NOK 6 266 billion at end-May.

Mainland Norway’s gross debt accounted for 85 per cent of the total gross debt at end-June. This amounted to NOK 5 373 billion.

Decreased foreign debt growth

The general public gross foreign debt, which mainly relates to non-financial corporations, amounted to NOK 1 530 billion at end-June, up from NOK 1 497 billion the previous month. The twelve-month growth decreased from 10.2 per cent to end-May to 9.9 per cent to end-June.

Mainland Norway accounted for 48 per cent of the public gross foreign debt, which amounted to NOK 742 billion at end-June. The twelve-month growth in mainland Norway’s foreign debt was 6.4 per cent to end-June, down from 6.8 per cent to end-May.

Offshore industries accounted for the remainder of the foreign debt, which amounted to NOK 788 billion at end-June. The twelve-month growth was 13.7 per cent to end-June, down from 13.9 per cent to end-May.