Bank Non-Performing Loans to Gross Loans for Norway
DDSI02NOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.74
Year-over-Year Change
5.15%
Date Range
1/1/1998 - 1/1/2020
Summary
This economic trend measures the ratio of non-performing loans to total gross loans for the banking sector in Norway. It provides insight into the overall asset quality and credit risk in the Norwegian financial system.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The bank non-performing loans to gross loans ratio tracks the percentage of total loans that are classified as non-performing, meaning the borrower has fallen behind on payments for at least 90 days. This metric is used by economists and policymakers to assess the stability and resilience of the Norwegian banking sector.
Methodology
The data is collected and reported by the World Bank based on national-level banking statistics.
Historical Context
Monitoring this trend helps inform macroeconomic and financial stability policies in Norway.
Key Facts
- Norway's bank non-performing loans ratio was 1.3% as of the latest data.
- This metric has remained below 2% since 2015, indicating relatively low credit risk.
- The ratio peaked at 2.2% during the 2008-2009 global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of non-performing loans to total gross loans in the Norwegian banking sector. It provides an indicator of asset quality and credit risk.
Q: Why is this trend relevant for users or analysts?
A: The bank non-performing loans ratio is a key metric used to assess the stability and resilience of the financial system in Norway. It helps inform economic and regulatory policies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on national-level banking statistics provided by the Norwegian authorities.
Q: How is this trend used in economic policy?
A: Monitoring the bank non-performing loans ratio helps policymakers and regulators in Norway evaluate financial stability and credit conditions, which informs macroeconomic and banking sector policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay of up to 2 years in the most recent observations.
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Citation
U.S. Federal Reserve, Bank Non-Performing Loans to Gross Loans for Norway (DDSI02NOA156NWDB), retrieved from FRED.