Retail loans reached 2,606 NOK bil in 2013 in Norway, according to the National Central Bank. This is 7.03 % more than in the previous year.
Historically, retail loans in Norway reached an all time high of 2,606 NOK bil in 2013 and an all time low of 523 NOK bil in 1995. When compared to Norway's main peers, retail loans in Denmark amounted to 2,342 DKK bil, 128 EUR bil in Finland, 865 ISK bil in Iceland and 2,898 SEK bil in Sweden in 2013.
Norway has been ranked 15th within the group of 71 countries we follow in terms of retail loans, 7 places behind the position seen 10 years ago.
A retail loan is a loan provided by a bank to a physical person.