The forecast for Total Non-Performing Loans (NPL) in Norway from 2024 to 2028 shows a consistent decline. In 2024, the NPL value is 0.68, decreasing to 0.65 in 2025, 0.63 in 2026, 0.60 in 2027, and 0.58 in 2028. For additional context, in 2023, the NPL stood at 0.70. The year-on-year variations show consistent improvement, with reductions of approximately 4.3%, 3.1%, 4.8%, and 3.3% from 2024 to 2028 respectively. Over a five-year period, the Compound Annual Growth Rate (CAGR) indicates a steady average annual decrease.
Future trends to watch for include the impact of economic policy changes, fluctuations in global financial markets, and domestic economic growth rates, which can all influence the level of non-performing loans. Monitoring these factors will be crucial to understand the resilience and stability of the Norwegian banking sector.
- 2023 NPL: 0.70
- 2024 Forecasted NPL: 0.68
- 2025 Forecasted NPL: 0.65
- 2026 Forecasted NPL: 0.63
- 2027 Forecasted NPL: 0.60
- 2028 Forecasted NPL: 0.58