Sweden’s household lending growth picked up slightly in July 2026, with the year-over-year rate rising to 3.3%, up from 3.2% in June 2026. The figures, updated on 27 August 2026, indicate a modest acceleration in borrowing by Swedish households compared with the same month a year earlier.
The comparison is made on a year-over-year basis, meaning July’s 3.3% reflects the change in household lending relative to July 2025, while June’s 3.2% represented the change versus June 2025. The incremental increase suggests that, despite a still moderate pace, credit appetite among households is slowly firming.
