Net domestic credit (current LCU), annual growth rate in Norway
Norway: Net domestic credit (current LCU), annual growth rate was 3.18 % change on previous year in 2024. ◆ Volatile
Latest (2024)
3.18 % change on previous year
Change on year
up 0.7%
World rank
143rd
of 186 countries
All-time high
28.36 % change on previous year
in 2001
All-time low
-2.81 % change on previous year
in 1991
Years of data
64
1961–2024
Net domestic credit (current LCU), annual growth rate in Norway, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net domestic credit (current lcu), annual growth rate in Norway is 3.18 % change on previous year, measured in 2024.
That represents a change of up 0.7% on the previous year and down 58.0% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Norway peaked at 28.36 % change on previous year in 2001 and was at its lowest, -2.81 % change on previous year, in 1991.
That places Norway 143rd out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Norway, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.71 % change on previous year | — |
| 1962 | 7.92 % change on previous year | -9.2% |
| 1963 | 5.96 % change on previous year | -24.7% |
| 1964 | 7.14 % change on previous year | +19.8% |
| 1965 | 6.46 % change on previous year | -9.5% |
| 1966 | 10.36 % change on previous year | +60.3% |
| 1967 | 5.91 % change on previous year | -42.9% |
| 1968 | 10.65 % change on previous year | +80.1% |
| 1969 | 13.29 % change on previous year | +24.8% |
| 1970 | 14.66 % change on previous year | +10.3% |
| 1971 | 12.78 % change on previous year | -12.8% |
| 1972 | 12.76 % change on previous year | -0.2% |
| 1973 | 12.77 % change on previous year | +0.1% |
| 1974 | 10.76 % change on previous year | -15.8% |
| 1975 | 15.48 % change on previous year | +44.0% |
| 1976 | 15.95 % change on previous year | +3.0% |
| 1977 | 21.38 % change on previous year | +34.0% |
| 1978 | 10.09 % change on previous year | -52.8% |
| 1979 | 13.93 % change on previous year | +38.1% |
| 1980 | 12.8 % change on previous year | -8.1% |
| 1981 | 12.84 % change on previous year | +0.3% |
| 1982 | 11.79 % change on previous year | -8.2% |
| 1983 | 10.66 % change on previous year | -9.6% |
| 1984 | 16.62 % change on previous year | +55.9% |
| 1985 | 12.37 % change on previous year | -25.6% |
| 1986 | 15.43 % change on previous year | +24.8% |
| 1987 | 27.02 % change on previous year | +75.1% |
| 1988 | 2.88 % change on previous year | -89.4% |
| 1989 | 6.56 % change on previous year | +128.2% |
| 1990 | 2.47 % change on previous year | -62.4% |
| 1991 | -2.81 % change on previous year | -213.8% |
| 1992 | 5.37 % change on previous year | -291.0% |
| 1993 | -2.49 % change on previous year | -146.4% |
| 1994 | 3.83 % change on previous year | -253.5% |
| 1995 | 6.26 % change on previous year | +63.7% |
| 1996 | 18.1 % change on previous year | +188.9% |
| 1997 | 15.99 % change on previous year | -11.7% |
| 1998 | 22.9 % change on previous year | +43.2% |
| 1999 | 1.09 % change on previous year | -95.2% |
| 2000 | 10.51 % change on previous year | +861.0% |
| 2001 | 28.36 % change on previous year | +169.7% |
| 2002 | 9.33 % change on previous year | -67.1% |
| 2003 | 5.68 % change on previous year | -39.1% |
| 2004 | 11.38 % change on previous year | +100.4% |
| 2005 | 14.49 % change on previous year | +27.3% |
| 2006 | 9.43 % change on previous year | -34.9% |
| 2007 | 19.89 % change on previous year | +110.9% |
| 2008 | 11.5 % change on previous year | -42.2% |
| 2009 | -1.09 % change on previous year | -109.4% |
| 2010 | 5.63 % change on previous year | -618.1% |
| 2011 | 7.52 % change on previous year | +33.6% |
| 2012 | 4.55 % change on previous year | -39.5% |
| 2013 | 8.59 % change on previous year | +88.9% |
| 2014 | 7.59 % change on previous year | -11.7% |
| 2015 | 6.48 % change on previous year | -14.6% |
| 2016 | 2.63 % change on previous year | -59.4% |
| 2017 | 6.26 % change on previous year | +138.3% |
| 2018 | 5.03 % change on previous year | -19.7% |
| 2019 | 4.5 % change on previous year | -10.4% |
| 2020 | 3.61 % change on previous year | -19.9% |
| 2021 | 3.68 % change on previous year | +1.9% |
| 2022 | 7.73 % change on previous year | +110.2% |
| 2023 | 3.16 % change on previous year | -59.1% |
| 2024 | 3.18 % change on previous year | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.49 % change on previous year | 5.91 % change on previous year | 13.29 % change on previous year | 9 |
| 1970s | 14.05 % change on previous year | 10.09 % change on previous year | 21.38 % change on previous year | 10 |
| 1980s | 12.9 % change on previous year | 2.88 % change on previous year | 27.02 % change on previous year | 10 |
| 1990s | 7.07 % change on previous year | -2.81 % change on previous year | 22.9 % change on previous year | 10 |
| 2000s | 11.95 % change on previous year | -1.09 % change on previous year | 28.36 % change on previous year | 10 |
| 2010s | 5.88 % change on previous year | 2.63 % change on previous year | 8.59 % change on previous year | 10 |
| 2020s | 4.27 % change on previous year | 3.16 % change on previous year | 7.73 % change on previous year | 5 |
Countries ranked near Norway
- 140 Jordan 3.38 % change on previous year compare
- 141 Jamaica 3.29 % change on previous year compare
- 142 Thailand 3.25 % change on previous year compare
- 144 Central African Republic 2.88 % change on previous year compare
- 145 Mauritania 2.79 % change on previous year compare
- 146 Ireland 2.72 % change on previous year compare
More financial sector data for Norway
- Total reserves in months of imports, annual growth rate 0.629 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 0.1443 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1054 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 9,970 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.2122 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 11,126 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 0.2122 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 11,126 SDR per person (2025)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Norway?
- Net domestic credit (current lcu), annual growth rate in Norway was 3.18 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Norway?
- The highest recorded value was 28.36 % change on previous year in 2001.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Norway?
- The lowest recorded value was -2.81 % change on previous year in 1991.
- How does Norway rank for net domestic credit (current lcu), annual growth rate?
- Norway ranks 143rd out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Norway?
- Over the last ten years it is down 58.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.