FX.co ★ Norway Loan Debt Growth Slows in September

As of the end of September 2025, Norway witnessed a year-on-year increase of 3.8% in domestic loan debt, reaching NOK 7.73 billion. This growth rate represents the slowest since March, following a 4% rise in the preceding month. The deceleration is attributed to a reduced credit expansion within municipal government, which grew by 6.9% compared to 8.3% in August, and in non-financial corporations, which increased by 1.7% compared to 2%. Conversely, household loan debt saw a slight rise, growing by 4.4% from the previous month's 4.2%.