As of the end of June 2025, domestic loan debt in Norway experienced a 4.1% increase compared to the previous year, reaching NOK 7.69 billion. This growth rate mirrors the steady pace observed over the past two months and marks the most significant rise in domestic loan debt since September 2023. The uptick is predominantly attributed to a notable expansion in municipal government loan debt, which increased to 8.7% from 7.6% in May. Meanwhile, household loan debt showed stability at 4.2%, and loan debt growth for non-financial corporations saw a slight decline, decreasing to 2.4% from the previous 2.7%.