Norway Non Performing Loans Ratio

1990 - 2022 | Yearly | % | Norges Bank

Key information about Norway Non Performing Loans Ratio

  • Norway Non Performing Loans Ratio stood at 0.4 % in Dec 2022, compared with the ratio of 0.3 % in the previous year
  • Norway Non Performing Loans Ratio data is updated yearly, available from Dec 1990 to Dec 2022
  • The data reached an all-time high of 8.2 % in Dec 1992 and a record low of 0.3 % in Dec 2021

Norges Bank provides annual Non Performing Loans Ratio. Non Performing Loans are defined as a Loan where the borrower is 30 days in arrears regarding principal or interest payment. Non Performing Loans Ratio covers Household sector only.


Further information about Norway Non Performing Loans Ratio

  • In the latest reports, Money Supply M2 in Norway dropped 1.5 % YoY in Sep 2023
  • Norway Foreign Exchange Reserves was measured at 70.0 USD bn in Sep 2023
  • The Foreign Exchange Reserves equaled 8.6 Months of Import in Sep 2023
  • The country's Domestic Credit reached 675.9 USD bn in Sep 2023, representing an increased of 4.1 % YoY
  • Household Debt of Norway reached 430.1 USD bn in Jun 2023, accounting for 85.1 % of the country's Nominal GDP

View Norway's Non Performing Loans Ratio from 1990 to 2022 in the chart:

Norway Non Performing Loans Ratio

What was Norway's Non Performing Loans Ratio in 2022?

Norway Non Performing Loans Ratio stood at 0.4 % in Dec 2022, compared with the ratio of 0.3 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.4 2022 0.3 2021 0.3 2021 8.2 1992 % yearly 1990 - 2022

Non Performing Loans Ratio by Country Comparison

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Includes Non Performing Loans Ratio on 111 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 4.7 Dec 2023 monthly Jul 2007 - Dec 2023
Algeria (%) 20.3 2022 yearly 2009 - 2022
Argentina (%) 3.4 Jan 2024 monthly Dec 2002 - Jan 2024
Armenia (%) 2.4 Dec 2023 monthly Jan 2005 - Dec 2023
Australia (%) 1.0 Dec 2023 quarterly Jun 2004 - Dec 2023
Austria (%) 2.0 Jun 2023 semiannually Dec 2009 - Jun 2023
Azerbaijan (%) 5.9 Mar 2015 quarterly Dec 2009 - Mar 2015
Bahrain (%) 3.0 Mar 2023 semiannually Mar 2013 - Mar 2023
Bangladesh (%) 9.9 Sep 2023 quarterly Mar 2003 - Sep 2023
Belarus (%) 1.0 Dec 2018 monthly Dec 2003 - Dec 2018
Belgium (%) 0.6 Sep 2023 quarterly Mar 2007 - Sep 2023
Bolivia (%) 3.3 Feb 2024 monthly Aug 2014 - Feb 2024
Bosnia and Herzegovina (%) 4.0 Sep 2023 quarterly Dec 2000 - Sep 2023
Botswana (%) 3.4 Dec 2023 quarterly Dec 2002 - Dec 2023
Brazil (%) 3.3 Jan 2024 monthly Mar 2011 - Jan 2024
Brunei (%) 2.6 Dec 2023 quarterly Mar 2011 - Dec 2023
Bulgaria (%) 2.9 Mar 2023 quarterly Mar 2015 - Mar 2023
Cambodia (%) 2.1 2020 yearly 2009 - 2020
Canada (%) 0.4 Sep 2023 quarterly Mar 2005 - Sep 2023
Chile (%) 2.3 Feb 2024 monthly Jan 2009 - Feb 2024
China (%) 1.6 Dec 2023 quarterly Mar 2005 - Dec 2023
Colombia (%) 5.2 Jan 2024 monthly Apr 1995 - Jan 2024
Croatia (%) 2.6 Dec 2023 quarterly Dec 2001 - Dec 2023
Cyprus (%) 8.3 Oct 2023 monthly Dec 2014 - Oct 2023
Czech Republic (%) 1.7 Feb 2024 monthly Jan 2002 - Feb 2024
Denmark (%) 0.9 Dec 2023 quarterly Dec 2010 - Dec 2023
Ecuador (%) 5.7 Feb 2024 monthly Jan 2006 - Feb 2024
Egypt (%) 3.0 Dec 2023 quarterly Mar 2011 - Dec 2023
Estonia (%) 0.2 Feb 2024 monthly Dec 2000 - Feb 2024
European Union (%) 3.7 2017 yearly 2008 - 2017
Finland (%) 1.2 Sep 2023 quarterly Dec 2014 - Sep 2023
France (%) 2.4 2021 yearly 2008 - 2021
Georgia (%) 1.7 Jun 2023 monthly Dec 2003 - Jun 2023
Germany (%) 1.1 2019 yearly 2005 - 2019
Ghana (%) 24.6 Feb 2024 monthly Dec 2005 - Feb 2024
Greece (%) 31.9 Dec 2013 quarterly Mar 2005 - Dec 2013
Hong Kong SAR, China (%) 1.7 Dec 2023 quarterly Mar 1997 - Dec 2023
Hungary (%) 1.8 Dec 2023 quarterly Dec 2015 - Dec 2023
Iceland (%) 7.8 2021 yearly 2009 - 2021
India (%) 3.9 2023 yearly 1998 - 2023
Indonesia (%) 2.5 Apr 2023 monthly Jan 2003 - Apr 2023
Iran (%) 7.3 Sep 2023 monthly Jan 2011 - Sep 2023
Ireland (%) 1.4 Sep 2023 quarterly Mar 2010 - Sep 2023
Israel (%) 0.9 Sep 2023 quarterly Mar 2011 - Sep 2023
Italy (%) 2.8 Dec 2023 quarterly Jun 2008 - Dec 2023
Japan (%) 1.2 Sep 2022 semiannually Mar 1999 - Sep 2022
Jordan (%) 4.5 2022 yearly 2001 - 2022
Kazakhstan (%) 3.0 Feb 2024 monthly Apr 2008 - Feb 2024
Kenya (%) 11.1 Dec 2021 quarterly Mar 2016 - Dec 2021
South Korea (%) 0.3 Sep 2023 quarterly Jun 2001 - Sep 2023
Kosovo (%) 2.0 Feb 2024 monthly Jul 2010 - Feb 2024
Kuwait (%) 1.7 Sep 2023 quarterly Mar 2012 - Sep 2023
Kyrgyzstan (%) 9.5 Jan 2024 monthly Dec 2000 - Jan 2024
Laos (%) 1.6 Sep 2023 quarterly Dec 2017 - Sep 2023
Latvia (%) 1.1 Sep 2023 quarterly Dec 2004 - Sep 2023
Lebanon (%) 23.8 Jun 2020 quarterly Jun 2011 - Jun 2020
Lithuania (%) 0.6 Sep 2023 quarterly Mar 2009 - Sep 2023
Luxembourg (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Macau SAR, China (%) 3.9 Jan 2024 monthly Jan 1990 - Jan 2024
North Macedonia (%) 2.7 Sep 2023 quarterly Dec 2005 - Sep 2023
Malawi (%) 4.2 Jun 2022 quarterly Dec 2003 - Jun 2022
Malaysia (%) 1.6 Feb 2024 monthly Dec 2005 - Feb 2024
Malta (%) 2.5 2022 yearly 2003 - 2022
Mauritius (%) 5.8 Sep 2023 quarterly Mar 2009 - Sep 2023
Mexico (%) 2.0 Dec 2023 quarterly Dec 1994 - Dec 2023
Moldova (%) 5.5 Feb 2024 monthly Sep 2002 - Feb 2024
Mongolia (%) 7.3 Feb 2024 monthly Dec 1996 - Feb 2024
Montenegro (%) 5.2 Jul 2023 monthly Aug 2010 - Jul 2023
Morocco (%) 8.7 Feb 2024 monthly Dec 2001 - Feb 2024
Nepal (%) 2.5 2015 yearly 2003 - 2015
Netherlands (%) 1.6 Sep 2023 quarterly Mar 2008 - Sep 2023
New Zealand (%) 0.5 Dec 2017 quarterly Mar 1996 - Dec 2017
Nigeria (%) 6.1 2019 yearly 2003 - 2019
Norway (%) 0.4 2022 yearly 1990 - 2022
Oman (%) 4.5 Dec 2023 quarterly Jun 2008 - Dec 2023
Pakistan (%) 7.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Palestinian Territory (%) 4.2 Mar 2022 quarterly Dec 2008 - Mar 2022
Panama (%) 1.6 Jan 2024 monthly Dec 2008 - Jan 2024
Paraguay (%) 3.2 Feb 2024 monthly Jan 1999 - Feb 2024
Peru (%) 3.8 Feb 2024 monthly Dec 2004 - Feb 2024
Philippines (%) 3.4 Jan 2024 monthly Mar 2008 - Jan 2024
Poland (%) 5.5 Nov 2023 monthly Dec 1996 - Nov 2023
Portugal (%) 1.3 Feb 2024 monthly Dec 1997 - Feb 2024
Qatar (%) 3.7 2022 yearly 2000 - 2022
Romania (%) 2.4 Jan 2024 monthly Sep 2014 - Jan 2024
Russia (%) 16.8 Nov 2020 monthly Jun 2009 - Nov 2020
Saudi Arabia (%) 1.6 Sep 2023 quarterly Mar 2009 - Sep 2023
Serbia (%) 3.2 Dec 2023 quarterly Sep 2008 - Dec 2023
Singapore (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Slovakia (%) 2.0 Feb 2024 monthly Jan 2009 - Feb 2024
Slovenia (%) 0.7 Jan 2024 monthly Mar 2008 - Jan 2024
South Africa (%) 5.4 Jan 2024 monthly Jan 2008 - Jan 2024
Spain (%) 3.6 Jan 2024 monthly Jan 1962 - Jan 2024
Sri Lanka (%) 4.5 2021 yearly 1998 - 2021
Sudan (%) 3.7 2021 yearly 2000 - 2021
Sweden (%) 0.3 Sep 2023 quarterly Mar 2012 - Sep 2023
Switzerland (%) 0.7 2021 yearly 2005 - 2021
Taiwan (%) 0.1 Jan 2024 monthly Jan 2004 - Jan 2024
Tajikistan (%) 20.6 Apr 2019 monthly Jan 2000 - Apr 2019
Thailand (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019

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Norway Key Series

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Includes 218 key indicators for Norway, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 16.3 Dec 2023 quarterly Dec 2002 - Dec 2023
Consolidated Fiscal Balance (USD mn) 14,604.965 Dec 2023 quarterly Mar 2002 - Dec 2023
Tax Revenue (USD mn) 41,251.074 Dec 2023 quarterly Mar 2002 - Dec 2023
Tax Revenue: % of GDP (%) 32.6 Dec 2023 quarterly Mar 2002 - Dec 2023
National Government Debt (USD mn) 224,382.7 2023 yearly 1995 - 2023
Government Debt: % of GDP (%) 44.3 2023 yearly 1995 - 2023
Forecast: Government Expenditure (NOK bn) 2,771.660 2028 yearly 1980 - 2028
Forecast: Government Net Debt (NOK bn) 2,191.300 2028 yearly 1980 - 2028
Forecast: Government Revenue (NOK bn) 3,394.140 2028 yearly 1980 - 2028
General Govt Taxes: GS: Value Added Tax (NOK mn) 370,700.000 2022 yearly 1995 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.315 2028 yearly 1980 - 2028
Trade Balance (USD mn) 4,906.7 Feb 2024 monthly Jan 1957 - Feb 2024
Total Exports (USD mn) 12,277.9 Feb 2024 monthly Jan 1975 - Feb 2024
Total Exports Growth (%) -21.3 Feb 2024 monthly Jan 1976 - Feb 2024
Aluminum: Exports (USD th) 6,135,979.913 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 448,682.646 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 277,185.408 2022 yearly 1995 - 2022
Total Imports (USD mn) 7,371.2 Feb 2024 monthly Jan 1976 - Feb 2024
Total Imports Growth (%) -2.4 Feb 2024 monthly Jan 1977 - Feb 2024
Imports: Medicament (USD th) 1,781,332.513 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,061,381.998 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 449.730 Feb 2024 monthly Jan 1988 - Feb 2024
Total Imports from USA (USD mn) 482.477 Feb 2024 monthly Apr 1963 - Feb 2024
Total Exports to China (USD mn) 220.004 Feb 2024 monthly Mar 1977 - Feb 2024
Total Imports from China (USD mn) 764.485 Feb 2024 monthly Apr 1963 - Feb 2024
Exports: Crude Oil (NOK mn) 37,242.000 Feb 2024 monthly Jan 1974 - Feb 2024
Imports (NOK mn) 77,812.000 Feb 2024 monthly Jan 1976 - Feb 2024
Exports (NOK mn) 129,608.000 Feb 2024 monthly Jan 1975 - Feb 2024
Exports: Netherlands (NOK th) 12,977,337.000 Feb 2024 monthly Jan 1988 - Feb 2024
Exports: United Kingdom (NOK th) 23,248,251.000 Feb 2024 monthly Jan 1988 - Feb 2024
Exports: Germany (NOK th) 22,026,793.000 Feb 2024 monthly Jan 1988 - Feb 2024
Exports: Sweden (NOK th) 10,823,383.000 Feb 2024 monthly Jan 1988 - Feb 2024
Exports: France (NOK th) 7,495,122.000 Feb 2024 monthly Jan 1988 - Feb 2024
Exports: 1-Digit: Chemical and Related Product (NOK th) 6,735,434.000 Feb 2024 monthly Jan 1988 - Feb 2024
Exports: 1-Digit: Food and Live Animals (NOK th) 13,532,875.000 Feb 2024 monthly Jan 1988 - Feb 2024
Exports: 1-Digit: Manufactured Goods (NOK th) 10,968,711.000 Feb 2024 monthly Jan 1988 - Feb 2024
Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 80,605,812.000 Feb 2024 monthly Jan 1988 - Feb 2024
Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 10,976,238.000 Feb 2024 monthly Jan 1988 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 264,996.8 Dec 2023 quarterly Mar 1994 - Dec 2023
Current Account Balance (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
Current Account Balance: % of GDP (%) 16.1 Sep 2023 quarterly Mar 1981 - Sep 2023
Foreign Direct Investment (USD mn) 215,796.2 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: % of GDP (%) -0.9 Dec 2022 quarterly Mar 2005 - Dec 2022
Foreign Portfolio Investment (USD mn) 419,062.134 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 331.5 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 121,223.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 297,838.464 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt (USD mn) 772,516.8 Dec 2023 quarterly Mar 2003 - Dec 2023
External Debt: % of GDP (%) 152.5 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 291,620.9 Sep 2023 quarterly Mar 2012 - Sep 2023
External Debt: Short Term: % of GDP (%) 51.9 2022 yearly 2012 - 2022
Total Debt: % of GDP (%) 589.0 Dec 2023 quarterly Dec 1995 - Dec 2023
Forecast: Current Account Balance (USD bn) 105.824 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 1,509,953.566 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Financial Account (FA): Foreign Assets (NOK mn) 25,975,856.000 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) 2,868,758.000 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) 19,209,863.000 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: FA: Foreign Assets: Other Investments (NOK mn) 3,078,320.000 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: FA: Foreign Assets: Reserve Assets (NOK mn) 818,915.000 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: FA: Foreign Liabilities (NOK mn) 10,692,106.000 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) 2,336,131.000 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) 4,536,613.000 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: FA: Foreign Liabilities: Other Investments (NOK mn) 3,819,362.000 Dec 2023 quarterly Mar 2005 - Dec 2023
BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 61,807.000 Jun 2023 quarterly Mar 1981 - Jun 2023
BoP: BI: Net Current Transfers (NOK mn) -24,571.000 Jun 2023 quarterly Mar 1981 - Jun 2023
BoP: Current Account Balance (NOK mn) 171,339.000 Jun 2023 quarterly Mar 1981 - Jun 2023
International Investment Position (IIP): Foreign Assets: Net (NOK mn) 15,283,750.000 Dec 2023 quarterly Mar 2012 - Dec 2023
IIP: Foreign Liabilities (NOK mn) 10,692,106.000 Dec 2023 quarterly Mar 2012 - Dec 2023
IIP: Foreign Assets (NOK mn) 25,975,856.000 Dec 2023 quarterly Mar 2012 - Dec 2023
Gross External Debt (NOK mn) 7,819,415.000 Dec 2023 quarterly Mar 2012 - Dec 2023
Gross Debt: External Loan Debt: General Public (NOK mn) 1,222,575.000 Dec 2018 quarterly Dec 2015 - Dec 2018
Foreign Direct Investment: Stock (NOK mn) 1,542,388.000 2022 yearly 2004 - 2022
Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 2,508.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 84,769.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 17,239.000 2022 yearly 2004 - 2022
Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 203,949.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 278,938.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
No of Bankruptcies: SIC 2007 (Unit) 1,186.000 Dec 2023 quarterly Mar 2006 - Dec 2023
No of New Registered Enterprises (Unit) 16,192.000 Dec 2023 quarterly Mar 2001 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 2022 yearly 1990 - 2022
Household Debt: % of GDP (%) 91.5 Dec 2023 quarterly Dec 1995 - Dec 2023
Money Supply M1 (USD mn) 247,743.328 Feb 2024 monthly Dec 1992 - Feb 2024
Money Supply M2 (USD mn) 287,449.590 Feb 2024 monthly Dec 1992 - Feb 2024
M2 Growth (%) -0.9 Feb 2024 monthly Dec 1993 - Feb 2024
Reserve Requirement Ratio (%) 3.5 Feb 2024 monthly Oct 2011 - Feb 2024
Foreign Exchange Reserves (USD mn) 71,901.1 Feb 2024 monthly Jan 1999 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 14.217 Dec 2023 quarterly Mar 1999 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 9.8 Feb 2024 monthly Jan 1999 - Feb 2024
Gold Reserves (USD mn) 0.000 Feb 2024 monthly Dec 1959 - Feb 2024
Total Deposits (USD mn) 478,475.795 Jan 2024 monthly May 2009 - Jan 2024
Total Deposits Growth (%) 1.6 Jan 2024 monthly May 2010 - Jan 2024
Domestic Credit (USD mn) 688,972.4 Feb 2024 monthly Dec 1985 - Feb 2024
Domestic Credit Growth (%) 3.5 Feb 2024 monthly Dec 1986 - Feb 2024
Debt Service Ratio: Households (%) 19.500 Sep 2023 quarterly Mar 1999 - Sep 2023
Debt Service Ratio: Private Non-Financial Sector (%) 34.300 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 414.690 Sep 2023 quarterly Mar 1975 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 1,108.913 Sep 2023 quarterly Dec 1953 - Sep 2023
Household Debt (USD mn) 463,793.2 Dec 2023 quarterly Dec 1995 - Dec 2023
Total Loans (USD mn) 776,012.942 Dec 2023 monthly Mar 1996 - Dec 2023
Total Loans Growth (%) 4.56 Dec 2023 monthly Mar 1997 - Dec 2023
Private Debt: % of Nominal GDP (%) 118.19 Dec 2023 quarterly Mar 1996 - Dec 2023
Monetary Aggregates: Base Money (NOK mn) 69,307.000 Feb 2024 monthly Jan 1900 - Feb 2024
Official Reserve Assets (NOK mn) 840,044.000 Jan 2024 monthly Jan 1999 - Jan 2024
Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 678,926.000 Feb 2024 monthly Jan 1999 - Feb 2024
Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
Loans: Banks (NOK mn) 4,903,619.000 Jan 2024 monthly Jan 1996 - Jan 2024
Non Performing Loans Ratio: Enterprises (%) 0.500 2022 yearly 1990 - 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 4.0 Mar 2024 monthly Feb 2005 - Mar 2024
Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

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