The general public’s domestic loan debt in Norway rose 4.1% year-on-year to NOK 7.71 billion at the end of July 2025, maintaining the same pace as in the previous three months.
The latest reading remained at its highest increase in domestic loans since September 2023, reflecting continued borrowing across key sectors.
Loan growth remained largely stable for households (4.3%), non-financial corporations (2.4%), and municipal governments (8.6% vs 8.7% in June).
The steady expansion suggests that demand for credit continues to be supported by moderate interest rates and ongoing economic activity, even as the pace of growth shows little change compared with the previous quarter.