FX.co ★ Norway Loan Debt Rises 4.5% in May

Norway’s domestic loan debt held by the general public increased by 4.5% year-on-year to NOK 7.96 billion at the end of May 2026, following a 4.4% rise in April. Lending to non-financial corporations accelerated, with annual growth picking up to 4.3% from 3.8% the previous month, while household debt growth held steady at 4.7%. By contrast, the annual growth rate of loan debt for municipal government edged down to 4.6% from 4.7%. On a seasonally adjusted, annualised one-month basis, total loan debt for the general public grew by 4.6% in May, unchanged from April.