Norway Reserve Rate

Deposit Interest Rate in Norway remained unchanged at -0.25 percent in February from -0.25 percent in January of 2019. Deposit Interest Rate in Norway averaged 0.05 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.

Deposit Interest Rate in Norway is expected to be -0.25 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 -0.25 in 12 months time. In the long-term, the Norway Reserve Rate is projected to trend around -0.25 percent in 2020, according to our econometric models.

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Norway Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	0.75	0.75	11.00	0.50	percent	[+]
Interbank Rate	1.28	1.28	27.21	0.71	percent	[+]
Money Supply M0	85015.00	75362.00	167428.00	33111.00	NOK Million	[+]
Money Supply M1	2096754.00	2105199.00	2124499.00	66049.00	NOK Million	[+]
Money Supply M2	2252569.00	2260566.00	2278427.00	17026.00	NOK Million	[+]
Foreign Exchange Reserves	549578.00	507959.00	564659.00	21053.00	NOK Million	[+]
Loans to Private Sector	1760937.00	1748316.00	1775225.00	275742.00	NOK Million	[+]
Deposit Interest Rate	-0.25	-0.25	1.25	-0.50	percent	[+]
Lending Rate	1.75	1.75	10.00	1.50	percent	[+]
Loan Growth	5.40	5.60	24.20	-4.40	percent	[+]
Private Debt to GDP	284.60	294.59	294.59	195.20	percent	[+]
Central Bank Balance Sheet	9149080.00	8820009.00	9319711.00	6389.00	NOK Million	[+]

In Norway, the Reserve Rate refers to the interest rate banks receive on deposits in excess of their individual quotas in Norges Bank. This page includes a chart with historical data for Deposit Interest Rate in Norway. Norway Reserve Rate - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-0.25	-0.25	1.25	-0.50	2011 - 2019	percent	Monthly	NSA

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Country	Last		Previous	Range
Turkey	22.50	Jan/19	22.5	398 : 1.5	%
Argentina	21.55	Dec/17	18.95	17236 : 3.01	%
Brazil	8.51	Dec/17	12.4	9394 : 7.81	%
South Africa	7.25	Dec/17	7.17	18.86 : 5.15	%
Russia	5.64	Dec/18	5.98	102 : 5	%
Indonesia	5.25	Jan/19	5.25	56 : 3	%
Saudi Arabia	3.40	Feb/19	3.4	9.04 : 0.5	%
Mexico	2.70	Dec/17	1.29	94.96 : 0.59	%
Australia	1.85	Jan/19	1.85	17.25 : 1.85	%
South Korea	1.67	Dec/17	1.56	19.5 : 1.56	%
United Kingdom	0.50	Jan/19	0.5	4.25 : 0	%
China	0.35	Jan/19	0.35	3.15 : 0.35	%
Japan	0.32	Dec/17	0.3	5.5 : 0.04	%
Singapore	0.14	Dec/17	0.19	10.71 : 0.14	%
Canada	0.10	Dec/17	0.1	15.96 : 0.05	%
Switzerland	-0.32	Dec/18	-0.32	9.75 : -0.34	%
Euro Area	-0.40	Jan/19	-0.4	3.75 : -0.4	%