Risk Outlook - December 2019
High household debt and high property prices are vulnerabilities posing a significant risk to financial stability in Norway. Many households have a very high debt burden and limited financial buffers. If the level of interest remains low, there is a risk that vulnerabilities will build up in households and firms in the coming years. Political unrest, trade conflicts and Brexit contribute to great uncertainty about developments in the international economy and financial markets. An international setback or new financial turmoil will affect the Norwegian economy and Norwegian financial markets.