Consumer loans as a share of gdp reached 23.9% in second quarter of 2023 in Norway, according to the National Central Bank. This is 47.1% less than in the previous quarter.
Historically, consumer loans as a share of GDP in Norway reached an all time high of 45.1% in 1Q2023 and an all time low of 15.5% in 1Q2010.
Norway has been ranked 7th within the group of 31 countries we follow in terms of consumer loans as a share of GDP.
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