Deposit Interest Rate in Norway remained unchanged at 0.50 percent in October from 0.50 percent in September of 2019. Deposit Interest Rate in Norway averaged 0.07 percent from 2011 until 2019, reaching an all time high of 1.25 percent in November of 2011 and a record low of -0.50 percent in March of 2016. source: Norges Bank

Deposit Interest Rate in Norway is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Norway to stand at 0.50 in 12 months time. In the long-term, the Norway Reserve Rate is projected to trend around 0.50 percent in 2020, according to our econometric models.

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Norway Reserve Rate
Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 1.25 -0.50 2011 - 2019 percent Monthly
NSA

Norway Reserve Rate
In Norway, the Reserve Rate refers to the interest rate banks receive on deposits in excess of their individual quotas in Norges Bank.

Norway Money Last Previous Highest Lowest Unit
Interest Rate 1.50 1.50 11.00 0.50 percent [+]
Money Supply M0 75020.00 101313.00 169002.00 33111.00 NOK Million [+]
Money Supply M1 2184994.00 2175376.00 2200446.00 66049.00 NOK Million [+]
Interbank Rate 1.85 1.85 27.21 0.71 percent [+]
Money Supply M2 2369290.00 2357947.00 2378491.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 589969.00 622124.00 622124.00 21053.00 NOK Million [+]
Loans to Private Sector 1858242.00 1855215.00 1858242.00 275742.00 NOK Million [+]
Deposit Interest Rate 0.50 0.50 1.25 -0.50 percent [+]
Lending Rate 2.50 2.50 10.00 1.50 percent [+]
Loan Growth 5.60 5.60 24.20 -4.40 percent [+]
Private Debt to GDP 275.30 288.50 298.60 195.20 percent [+]
Central Bank Balance Sheet 10409189.00 10294970.00 10409189.00 6389.00 NOK Million [+]