Norway Household Debt: % of GDP

Key information about Norway Household Debt: % of GDP

• Norway household debt accounted for 88.3 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 86.6 % in the previous quarter.
• Norway household debt to GDP ratio is updated quarterly, available from Dec 1995 to Jun 2025.
• The data reached an all-time high of 111.8 % in Dec 2020 and a record low of 55.7 % in Mar 2001.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Statistics Norway provides Household Debt in local currency and Nominal GDP in local currency.


Related information about Norway Household Debt: % of GDP

• In the latest reports, Norway Household Debt reached 479.5 USD bn in Jun 2025.
• Money Supply M2 in Norway increased 6.1 % YoY in Oct 2025.
• Norway Foreign Exchange Reserves was measured at 78.4 USD bn in Oct 2025.
• The Foreign Exchange Reserves equaled 8.1 Months of Import in Oct 2025.
• Norway Domestic Credit reached 766.9 USD bn in Oct 2025, representing an increased of 3.7 % YoY.
• The country's Non Performing Loans Ratio stood at 0.4 % in Dec 2022, compared with the ratio of 0.3 % in the previous year.

View Norway's Household Debt: % of GDP from Dec 1995 to Jun 2025 in the chart:

What was Norway's Household Debt: % of GDP in Jun 2025?

Norway household debt accounted for 88.3 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 86.6 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
88.3 Jun 2025	86.6 Mar 2025	55.7 Mar 2001	111.8 Dec 2020	%	quarterly	Dec 1995 - Jun 2025

Household Debt: % of GDP by Country Comparison

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