In 2023, the Bank Nonperforming Loans to Total Gross Loans ratio in Norway was 0.50. From the forecasted data, we observe a gradual decline from 0.49 in 2024 to 0.44 in 2028. The year-on-year variation shows a consistent decrease, with the ratio dropping by 2.04% from 2024 to 2025, 4.17% from 2025 to 2026, 2.22% from 2026 to 2027, and finally, 2.22% from 2027 to 2028. Over the last 5 years, the Compound Annual Growth Rate (CAGR) suggests a steady average yearly decrease of approximately 2.52%.
Future trends to watch for include the impacts of potential economic fluctuations on credit risk, regulatory changes in the banking sector, and the broader European economic climate, which could influence the ratio of nonperforming loans. Monitoring these factors will be crucial for predicting further trends accurately.
