Data / Private non-financial credit as a share of GDP / Norway

Private non-financial credit as a share of GDP in Norway

Private non-financial credit as a share of GDP in Norway was 224.2% of GDP in Q1 2026, according to the Bank for International Settlements. That is up 5.2 pts from Q1 2025. That is the 6th highest of 43 countries in Q1 2026.

Q1 2026, % of GDP224.2 Estimated
Change on Q1 2025+5.2 pts
Rank6th of 43Countries ranked
Series high266.8Q4 2020
Series low111.5Q4 1974
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Private non-financial credit as a share of GDP in Norway, Q1 1970 to Q1 2026

1001502002503001970-Q11978-Q21986-Q31994-Q42003-Q12011-Q22019-Q32026-Q11970-Q1: 118.1 % of GDP1970-Q2: 116.7 % of GDP1970-Q3: 115.2 % of GDP1970-Q4: 113.9 % of GDP1971-Q1: 113.7 % of GDP1971-Q2: 113.8 % of GDP1971-Q3: 113.9 % of GDP1971-Q4: 114.1 % of GDP1972-Q1: 114.7 % of GDP1972-Q2: 115.2 % of GDP1972-Q3: 115.6 % of GDP1972-Q4: 115.8 % of GDP1973-Q1: 115.9 % of GDP1973-Q2: 115.8 % of GDP1973-Q3: 115.4 % of GDP1973-Q4: 114.7 % of GDP1974-Q1: 114.1 % of GDP1974-Q2: 113.3 % of GDP1974-Q3: 112.4 % of GDP1974-Q4: 111.5 % of GDP1975-Q1: 114.8 % of GDP1975-Q2: 116.4 % of GDP1975-Q3: 116.5 % of GDP1975-Q4: 118.5 % of GDP1976-Q1: 120.1 % of GDP1976-Q2: 121.8 % of GDP1976-Q3: 122.8 % of GDP1976-Q4: 123.8 % of GDP1977-Q1: 126.2 % of GDP1977-Q2: 128.4 % of GDP1977-Q3: 129.8 % of GDP1977-Q4: 132.8 % of GDP1978-Q1: 133.8 % of GDP1978-Q2: 134.4 % of GDP1978-Q3: 134.5 % of GDP1978-Q4: 134.3 % of GDP1979-Q1: 134.2 % of GDP1979-Q2: 133.5 % of GDP1979-Q3: 131.6 % of GDP1979-Q4: 130.8 % of GDP1980-Q1: 127.3 % of GDP1980-Q2: 125.3 % of GDP1980-Q3: 125.7 % of GDP1980-Q4: 124.9 % of GDP1981-Q1: 126.1 % of GDP1981-Q2: 124 % of GDP1981-Q3: 122.5 % of GDP1981-Q4: 122.6 % of GDP1982-Q1: 124.1 % of GDP1982-Q2: 127.1 % of GDP1982-Q3: 128.9 % of GDP1982-Q4: 130.5 % of GDP1983-Q1: 131.4 % of GDP1983-Q2: 132 % of GDP1983-Q3: 131.3 % of GDP1983-Q4: 132.4 % of GDP1984-Q1: 134.3 % of GDP1984-Q2: 136.6 % of GDP1984-Q3: 137.1 % of GDP1984-Q4: 139.8 % of GDP1985-Q1: 140.2 % of GDP1985-Q2: 141 % of GDP1985-Q3: 141.8 % of GDP1985-Q4: 143.4 % of GDP1986-Q1: 144.6 % of GDP1986-Q2: 154.1 % of GDP1986-Q3: 157.9 % of GDP1986-Q4: 161.7 % of GDP1987-Q1: 164.1 % of GDP1987-Q2: 165.6 % of GDP1987-Q3: 168.6 % of GDP1987-Q4: 169.6 % of GDP1988-Q1: 170.4 % of GDP1988-Q2: 174.1 % of GDP1988-Q3: 175.4 % of GDP1988-Q4: 176.1 % of GDP1989-Q1: 178.9 % of GDP1989-Q2: 179.7 % of GDP1989-Q3: 178.2 % of GDP1989-Q4: 176.1 % of GDP1990-Q1: 177.3 % of GDP1990-Q2: 178.3 % of GDP1990-Q3: 175 % of GDP1990-Q4: 171.4 % of GDP1991-Q1: 169.5 % of GDP1991-Q2: 169.4 % of GDP1991-Q3: 164.4 % of GDP1991-Q4: 159.8 % of GDP1992-Q1: 165.7 % of GDP1992-Q2: 163.4 % of GDP1992-Q3: 161.2 % of GDP1992-Q4: 165.4 % of GDP1993-Q1: 163.9 % of GDP1993-Q2: 163.6 % of GDP1993-Q3: 158.6 % of GDP1993-Q4: 157 % of GDP1994-Q1: 155.1 % of GDP1994-Q2: 152.4 % of GDP1994-Q3: 151.1 % of GDP1994-Q4: 147.5 % of GDP1995-Q1: 146 % of GDP1995-Q2: 145.5 % of GDP1995-Q3: 143.9 % of GDP1995-Q4: 143 % of GDP1996-Q1: 143.1 % of GDP1996-Q2: 143.2 % of GDP1996-Q3: 141.5 % of GDP1996-Q4: 140.3 % of GDP1997-Q1: 143.2 % of GDP1997-Q2: 147.9 % of GDP1997-Q3: 148.9 % of GDP1997-Q4: 151.7 % of GDP1998-Q1: 155.9 % of GDP1998-Q2: 162.3 % of GDP1998-Q3: 163.6 % of GDP1998-Q4: 166.6 % of GDP1999-Q1: 169 % of GDP1999-Q2: 170.3 % of GDP1999-Q3: 167 % of GDP1999-Q4: 165.3 % of GDP2000-Q1: 162.6 % of GDP2000-Q2: 160.8 % of GDP2000-Q3: 163.6 % of GDP2000-Q4: 157.1 % of GDP2001-Q1: 157.2 % of GDP2001-Q2: 160 % of GDP2001-Q3: 159.1 % of GDP2001-Q4: 164.6 % of GDP2002-Q1: 169.9 % of GDP2002-Q2: 171.7 % of GDP2002-Q3: 173.9 % of GDP2002-Q4: 174.1 % of GDP2003-Q1: 176.7 % of GDP2003-Q2: 181 % of GDP2003-Q3: 179.1 % of GDP2003-Q4: 176.5 % of GDP2004-Q1: 180.5 % of GDP2004-Q2: 182.8 % of GDP2004-Q3: 183.2 % of GDP2004-Q4: 181.3 % of GDP2005-Q1: 180.8 % of GDP2005-Q2: 181 % of GDP2005-Q3: 179.2 % of GDP2005-Q4: 180.1 % of GDP2006-Q1: 179.3 % of GDP2006-Q2: 179.5 % of GDP2006-Q3: 180.8 % of GDP2006-Q4: 181 % of GDP2007-Q1: 186.8 % of GDP2007-Q2: 193.3 % of GDP2007-Q3: 193.9 % of GDP2007-Q4: 198.2 % of GDP2008-Q1: 202.5 % of GDP2008-Q2: 203.7 % of GDP2008-Q3: 205.2 % of GDP2008-Q4: 211.5 % of GDP2009-Q1: 215.6 % of GDP2009-Q2: 221 % of GDP2009-Q3: 221.3 % of GDP2009-Q4: 219.9 % of GDP2010-Q1: 217.9 % of GDP2010-Q2: 221 % of GDP2010-Q3: 221 % of GDP2010-Q4: 219.8 % of GDP2011-Q1: 219.7 % of GDP2011-Q2: 217.6 % of GDP2011-Q3: 214.5 % of GDP2011-Q4: 212.4 % of GDP2012-Q1: 222.2 % of GDP2012-Q2: 220 % of GDP2012-Q3: 218.4 % of GDP2012-Q4: 219.2 % of GDP2013-Q1: 219 % of GDP2013-Q2: 221.1 % of GDP2013-Q3: 219.5 % of GDP2013-Q4: 216.4 % of GDP2014-Q1: 215.5 % of GDP2014-Q2: 216.5 % of GDP2014-Q3: 217.1 % of GDP2014-Q4: 221.7 % of GDP2015-Q1: 227.9 % of GDP2015-Q2: 232.8 % of GDP2015-Q3: 237.5 % of GDP2015-Q4: 240.8 % of GDP2016-Q1: 245.7 % of GDP2016-Q2: 250.9 % of GDP2016-Q3: 252.2 % of GDP2016-Q4: 248 % of GDP2017-Q1: 244 % of GDP2017-Q2: 242.8 % of GDP2017-Q3: 237.5 % of GDP2017-Q4: 235.6 % of GDP2018-Q1: 231.7 % of GDP2018-Q2: 230.3 % of GDP2018-Q3: 225.2 % of GDP2018-Q4: 224.1 % of GDP2019-Q1: 225.2 % of GDP2019-Q2: 229.1 % of GDP2019-Q3: 233.8 % of GDP2019-Q4: 236.8 % of GDP2020-Q1: 245.5 % of GDP2020-Q2: 256.2 % of GDP2020-Q3: 262.1 % of GDP2020-Q4: 266.8 % of GDP2021-Q1: 266.6 % of GDP2021-Q2: 259.8 % of GDP2021-Q3: 248.9 % of GDP2021-Q4: 231.5 % of GDP2022-Q1: 216.5 % of GDP2022-Q2: 207.2 % of GDP2022-Q3: 194.2 % of GDP2022-Q4: 193.7 % of GDP2023-Q1: 197.3 % of GDP2023-Q2: 203.3 % of GDP2023-Q3: 216.2 % of GDP2023-Q4: 218.4 % of GDP2024-Q1: 222.2 % of GDP2024-Q2: 221.9 % of GDP2024-Q3: 221.4 % of GDP2024-Q4: 223.4 % of GDP2025-Q1: 219 % of GDP2025-Q2: 220.3 % of GDP2025-Q3: 220.4 % of GDP2025-Q4: 223.1 % of GDP2026-Q1: 224.2 % of GDP
% of GDP. Source: BIS, BIS WS_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp. Retrieved 2026-10-12.
All 225 values
Period% of GDP
2026-Q1224.2 Estimated
2025-Q4223.1 Estimated
2025-Q3220.4 Estimated
2025-Q2220.3 Estimated
2025-Q1219 Estimated
2024-Q4223.4 Estimated
2024-Q3221.4 Estimated
2024-Q2221.9 Estimated
2024-Q1222.2 Estimated
2023-Q4218.4 Estimated
2023-Q3216.2 Estimated
2023-Q2203.3 Estimated
2023-Q1197.3 Estimated
2022-Q4193.7 Estimated
2022-Q3194.2 Estimated
2022-Q2207.2 Estimated
2022-Q1216.5 Estimated
2021-Q4231.5 Estimated
2021-Q3248.9 Estimated
2021-Q2259.8 Estimated
2021-Q1266.6 Estimated
2020-Q4266.8 Estimated
2020-Q3262.1 Estimated
2020-Q2256.2 Estimated
2020-Q1245.5 Estimated
2019-Q4236.8 Estimated
2019-Q3233.8 Estimated
2019-Q2229.1 Estimated
2019-Q1225.2 Estimated
2018-Q4224.1 Estimated
2018-Q3225.2 Estimated
2018-Q2230.3 Estimated
2018-Q1231.7 Estimated
2017-Q4235.6 Estimated
2017-Q3237.5 Estimated
2017-Q2242.8 Estimated
2017-Q1244 Estimated
2016-Q4248 Estimated
2016-Q3252.2 Estimated
2016-Q2250.9 Estimated
2016-Q1245.7 Estimated
2015-Q4240.8 Estimated
2015-Q3237.5 Estimated
2015-Q2232.8 Estimated
2015-Q1227.9 Estimated
2014-Q4221.7 Estimated
2014-Q3217.1 Estimated
2014-Q2216.5 Estimated
2014-Q1215.5 Estimated
2013-Q4216.4 Estimated
2013-Q3219.5 Estimated
2013-Q2221.1 Estimated
2013-Q1219 Estimated
2012-Q4219.2 Estimated
2012-Q3218.4 Estimated
2012-Q2220 Estimated
2012-Q1222.2 Estimated
2011-Q4212.4 Estimated
2011-Q3214.5 Estimated
2011-Q2217.6 Estimated
2011-Q1219.7 Estimated
2010-Q4219.8 Estimated
2010-Q3221 Estimated
2010-Q2221 Estimated
2010-Q1217.9 Estimated
2009-Q4219.9 Estimated
2009-Q3221.3 Estimated
2009-Q2221 Estimated
2009-Q1215.6 Estimated
2008-Q4211.5 Estimated
2008-Q3205.2 Estimated
2008-Q2203.7 Estimated
2008-Q1202.5 Estimated
2007-Q4198.2 Estimated
2007-Q3193.9 Estimated
2007-Q2193.3 Estimated
2007-Q1186.8 Estimated
2006-Q4181 Estimated
2006-Q3180.8 Estimated
2006-Q2179.5 Estimated
2006-Q1179.3 Estimated
2005-Q4180.1 Estimated
2005-Q3179.2 Estimated
2005-Q2181 Estimated
2005-Q1180.8 Estimated
2004-Q4181.3 Estimated
2004-Q3183.2 Estimated
2004-Q2182.8 Estimated
2004-Q1180.5 Estimated
2003-Q4176.5 Estimated
2003-Q3179.1 Estimated
2003-Q2181 Estimated
2003-Q1176.7 Estimated
2002-Q4174.1 Estimated
2002-Q3173.9 Estimated
2002-Q2171.7 Estimated
2002-Q1169.9 Estimated
2001-Q4164.6 Estimated
2001-Q3159.1 Estimated
2001-Q2160 Estimated
2001-Q1157.2 Estimated
2000-Q4157.1 Estimated
2000-Q3163.6 Estimated
2000-Q2160.8 Estimated
2000-Q1162.6 Estimated
1999-Q4165.3 Estimated
1999-Q3167 Estimated
1999-Q2170.3 Estimated
1999-Q1169 Estimated
1998-Q4166.6 Estimated
1998-Q3163.6 Estimated
1998-Q2162.3 Estimated
1998-Q1155.9 Estimated
1997-Q4151.7 Estimated
1997-Q3148.9 Estimated
1997-Q2147.9 Estimated
1997-Q1143.2 Estimated
1996-Q4140.3 Estimated
1996-Q3141.5 Estimated
1996-Q2143.2 Estimated
1996-Q1143.1 Estimated
1995-Q4143 Estimated
1995-Q3143.9 Estimated
1995-Q2145.5 Estimated
1995-Q1146 Estimated
1994-Q4147.5 Estimated
1994-Q3151.1 Estimated
1994-Q2152.4 Estimated
1994-Q1155.1 Estimated
1993-Q4157 Estimated
1993-Q3158.6 Estimated
1993-Q2163.6 Estimated
1993-Q1163.9 Estimated
1992-Q4165.4 Estimated
1992-Q3161.2 Estimated
1992-Q2163.4 Estimated
1992-Q1165.7 Estimated
1991-Q4159.8 Estimated
1991-Q3164.4 Estimated
1991-Q2169.4 Estimated
1991-Q1169.5 Estimated
1990-Q4171.4 Estimated
1990-Q3175 Estimated
1990-Q2178.3 Estimated
1990-Q1177.3 Estimated
1989-Q4176.1 Estimated
1989-Q3178.2 Estimated
1989-Q2179.7 Estimated
1989-Q1178.9 Estimated
1988-Q4176.1 Estimated
1988-Q3175.4 Estimated
1988-Q2174.1 Estimated
1988-Q1170.4 Estimated
1987-Q4169.6 Estimated
1987-Q3168.6 Estimated
1987-Q2165.6 Estimated
1987-Q1164.1 Estimated
1986-Q4161.7 Estimated
1986-Q3157.9 Estimated
1986-Q2154.1 Estimated
1986-Q1144.6 Estimated
1985-Q4143.4 Estimated
1985-Q3141.8 Estimated
1985-Q2141 Estimated
1985-Q1140.2 Estimated
1984-Q4139.8 Estimated
1984-Q3137.1 Estimated
1984-Q2136.6 Estimated
1984-Q1134.3 Estimated
1983-Q4132.4 Estimated
1983-Q3131.3 Estimated
1983-Q2132 Estimated
1983-Q1131.4 Estimated
1982-Q4130.5 Estimated
1982-Q3128.9 Estimated
1982-Q2127.1 Estimated
1982-Q1124.1 Estimated
1981-Q4122.6 Estimated
1981-Q3122.5 Estimated
1981-Q2124 Estimated
1981-Q1126.1 Estimated
1980-Q4124.9 Estimated
1980-Q3125.7 Estimated
1980-Q2125.3 Estimated
1980-Q1127.3 Estimated
1979-Q4130.8 Estimated
1979-Q3131.6 Estimated
1979-Q2133.5 Estimated
1979-Q1134.2 Estimated
1978-Q4134.3 Estimated
1978-Q3134.5 Estimated
1978-Q2134.4 Estimated
1978-Q1133.8 Estimated
1977-Q4132.8 Estimated
1977-Q3129.8 Estimated
1977-Q2128.4 Estimated
1977-Q1126.2 Estimated
1976-Q4123.8 Estimated
1976-Q3122.8 Estimated
1976-Q2121.8 Estimated
1976-Q1120.1 Estimated
1975-Q4118.5 Estimated
1975-Q3116.5 Estimated
1975-Q2116.4 Estimated
1975-Q1114.8 Estimated
1974-Q4111.5 Estimated
1974-Q3112.4 Estimated
1974-Q2113.3 Estimated
1974-Q1114.1 Estimated
1973-Q4114.7 Estimated
1973-Q3115.4 Estimated
1973-Q2115.8 Estimated
1973-Q1115.9 Estimated
1972-Q4115.8 Estimated
1972-Q3115.6 Estimated
1972-Q2115.2 Estimated
1972-Q1114.7 Estimated
1971-Q4114.1 Estimated
1971-Q3113.9 Estimated
1971-Q2113.8 Estimated
1971-Q1113.7 Estimated
1970-Q4113.9 Estimated
1970-Q3115.2 Estimated
1970-Q2116.7 Estimated
1970-Q1118.1 Estimated

Rankings

Definition

Quarter-end gross core debt of households, NPISHs and non-financial corporations from all lender sectors, divided by nominal GDP over the latest four quarters, in percent.

BIS core debt: loans and debt securities, plus currency and deposits for government. Includes domestic and foreign lenders. Households include non-profit institutions serving households; corporations include public and private non-financial corporations. Gross debt: financial assets are not deducted. Private sectors are unconsolidated; government is consolidated. Market valuation follows national sources; US private debt securities use face value. BIS break adjustments and some historical estimates are retained. Unlike World Bank domestic private credit, it excludes trade credit and covers all lender sectors. Not seasonally adjusted.

How to cite

Bank for International Settlements (BIS), compiled from central bank and other national sources. BIS WS_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp. https://stats.bis.org/api/v2/data/dataflow/BIS/WS_TC/2.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.M.770.A?format=csv&startPeriod=1970-Q1. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Bank for International Settlements. (n.d.). BIS WS_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp (Private non-financial credit as a share of GDP, Norway, 1970-Q1 to 2026-Q1) [Data set]. Retrieved October 12, 2026, from https://stats.bis.org/api/v2/data/dataflow/BIS/WS_TC/2.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.M.770.A?format=csv&startPeriod=1970-Q1

MLA 9

BIS WS_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp, Private non-financial credit as a share of GDP, Norway, 1970-Q1 to 2026-Q1. Bank for International Settlements, https://stats.bis.org/api/v2/data/dataflow/BIS/WS_TC/2.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.M.770.A?format=csv&startPeriod=1970-Q1. Invokely, https://invokely.ai/en/private-nonfinancial-credit-gdp/norway. Accessed 12 Oct. 2026.

Chicago (author-date)

Bank for International Settlements. n.d. BIS WS_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp. Private non-financial credit as a share of GDP, Norway, 1970-Q1 to 2026-Q1. Dataset. Accessed October 12, 2026. https://stats.bis.org/api/v2/data/dataflow/BIS/WS_TC/2.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.M.770.A?format=csv&startPeriod=1970-Q1. Also distributed by Invokely, https://invokely.ai/en/private-nonfinancial-credit-gdp/norway.

Harvard

Bank for International Settlements (no date) BIS WS_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp, Private non-financial credit as a share of GDP, Norway, 1970-Q1 to 2026-Q1 [Dataset]. Available at: https://stats.bis.org/api/v2/data/dataflow/BIS/WS_TC/2.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.M.770.A?format=csv&startPeriod=1970-Q1, via Invokely: https://invokely.ai/en/private-nonfinancial-credit-gdp/norway (Accessed: 12 October 2026).

BibTeX
@misc{bank_private_non_financial_credit_2026,
  author = {{Bank for International Settlements}},
  title = {{BIS WS\_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp: Private non-financial credit as a share of GDP, Norway, 1970-Q1 to 2026-Q1}},
  howpublished = {Data set},
  url = {https://stats.bis.org/api/v2/data/dataflow/BIS/WS_TC/2.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.M.770.A?format=csv&startPeriod=1970-Q1},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/private-nonfinancial-credit-gdp/norway. Publisher attribution: Bank for International Settlements (BIS), compiled from central bank and other national sources. BIS WS\_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp. https://stats.bis.org/api/v2/data/dataflow/BIS/WS\_TC/2.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.M.770.A?format=csv\&startPeriod=1970-Q1. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - Bank for International Settlements
TI  - BIS WS_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp: Private non-financial credit as a share of GDP, Norway, 1970-Q1 to 2026-Q1
PB  - Bank for International Settlements
DB  - Invokely
UR  - https://stats.bis.org/api/v2/data/dataflow/BIS/WS_TC/2.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.M.770.A?format=csv&startPeriod=1970-Q1
L2  - https://invokely.ai/en/private-nonfinancial-credit-gdp/norway
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/private-nonfinancial-credit-gdp/norway.
N1  - Publisher attribution: Bank for International Settlements (BIS), compiled from central bank and other national sources. BIS WS_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp. https://stats.bis.org/api/v2/data/dataflow/BIS/WS_TC/2.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.M.770.A?format=csv&startPeriod=1970-Q1. Retrieved 2026-10-12.
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Questions

What is the private non-financial credit as a share of GDP in Norway?

Private non-financial credit as a share of GDP in Norway was 224.2% of GDP in Q1 2026, according to the Bank for International Settlements. That is up 5.2 pts from Q1 2025. That is the 6th highest of 43 countries in Q1 2026.

Where does this figure come from?

Bank for International Settlements. BIS WS_TC: P.A.M.770.A, quarterly, private nonfinancial credit gdp. Retrieved by Invokely on 2026-10-12.

What was the highest private non-financial credit as a share of GDP in Norway?

266.8% of GDP in Q4 2020, the highest value since Q1 1970 in this series.

Private non-financial credit as a share of GDP in other countries

Related statistics for Norway

All statistics for Norway | Norway in figures