Continuous growth in the unsecured consumer loans in Sweden

New report from SCB showing an average growth just over 5,5% annually between 2010 and 2021 in the unsecured consumer loans in Sweden – the niche banks have contributed with 63% of the total growth and are the fastest growing category in the market. The total outstanding debt is now adding up to 273 billion SEK, which represents 23% of the Swedish national debt.

During the past year the growth has been slightly higher than on average with 6,4% comparing January 2022 with 2021.

More information in the following article from SCB (in Swedish):

National debt figures from Riksgälden:

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