As of the end of May 2025, Norway’s public domestic loan debt experienced a year-on-year increase of 4.1%, reaching NOK 7.64 billion. This growth rate matched that of the previous month and marks the most significant rise in domestic loan debt since September 2023. A notable factor in this increase was the loan debt of municipal governments, which climbed to 7.6% from 7.4% in April. Meanwhile, the debt levels for households held steady at 4.2%, and for non-financial corporations at 2.7%.
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