Nonperforming Loans Statistics in Norway (2026)

In 2023, bank nonperforming loans in Norway stood at 0.4% of total gross loans, according to World Bank World Development Indicators data. Up from 0.3% in 2022 to 0.4% in 2023 (+0.1 percentage points). Norway ranks #1 of 48 economies in Europe & Central Asia on this measure, and #3 of 144 globally.

Latest value (2023)
0.4% (2023)
Nonperforming Loans in Norway as of 2023, the most recent observation in World Bank World Development Indicators data.
Change since 2022
+0.1 pp (2023)
Up from 0.3% in 2022 to 0.4% in 2023 (+0.1 percentage points).
Earliest value in this dataset (2009)
1.3% (2009)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 1.3% in 2009 to 0.4% in 2023.
Peak value (2011)
1.7% (2011)
Highest value in the available series; the 2023 value is 0.4%.
Rank in Europe & Central Asia (lower is better; rank 1 = lowest)
#1 of 48 (2023)
Norway ranks 1 of 48 countries in Europe & Central Asia with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
Global rank (lower is better; rank 1 = lowest)
#3 of 144 (2023)
Norway ranks 3 of 144 countries with data globally. Ranked ascending because lower values are better for this metric.
Europe & Central Asia average
4% (2023)
Norway (0.4%) is below the average of 4% across the 48 countries in Europe & Central Asia with data.
Domestic credit to private sector (% of GDP) (2024)
128.8% (2024)
Related indicator from World Bank World Development Indicators.
Internet use in Norway (2024)
99% (2024)
99% of the population in Norway used the internet in 2024 (World Bank); shown for context only.
Population (2024)
5.6 million (2024)
Norway had a population of 5.6 million in 2024 (World Bank); shown for scale only.
Nonperforming Loans in Norway by year (% of total gross loans)
Year % of total gross loans Change
2023 0.4%+0.1 pp
2022 0.3%−0.3 pp
2021 0.5%−0.2 pp
2020 0.7%−0.1 pp
2019 0.8%+0.1 pp
2018 0.7%−0.3 pp
2017 1%−0.2 pp
2016 1.2%+0.1 pp
2015 1.1%−0.1 pp
2014 1.1%−0.2 pp
2013 1.3%−0.2 pp
2012 1.5%−0.2 pp
2011 1.7%+0.2 pp
2010 1.5%+0.2 pp
2009 1.3%
Nonperforming Loans in Norway, 2009–2023Line chart of 15 observations from 2009 to 2023. Values range from 0.3% to 1.7%; the series starts at 1.3% in 2009 and ends at 0.4% in 2023.0%0.5%1%1.5%2%20092015202020231.3%0.4%
Fig. 1 — Nonperforming Loans in Norway, 2009–2023

Frequently asked questions

What is the latest figure for bank nonperforming loans in Norway?

Bank nonperforming loans in Norway stood at 0.4% of total gross loans in 2023, according to World Bank World Development Indicators data.

Where does the nonperforming loans data for Norway come from?

The data comes from the World Bank World Development Indicators (indicator FB.AST.NPER.ZS). The latest observation for Norway is from 2023; the snapshot was retrieved on 2026-06-10.

How has nonperforming loans in Norway changed over time?

World Bank World Development Indicators data show a decline from 1.3% in 2009 to 0.4% in 2023.

Source: World Bank, World Development Indicators, indicator FB.AST.NPER.ZS, retrieved .

Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.

Last updated .