Deposit Interest Rate in Norway decreased to -1 percent in May from -0.75 percent in April of 2020.
Deposit Interest Rate in Norway averaged 0.06 percent from 2011 until 2020, reaching an all time high of 1.25 percent in November of 2011 and a record low of -1 percent in May of 2020. This page includes a chart with historical data for Deposit Interest Rate in Norway. Norway Reserve Rate - values, historical data and charts - was last updated on May of 2020. source: Norges Bank
Deposit Interest Rate in Norway is expected to be -1.00 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 -1.00 in 12 months time. In the long-term, the Norway Reserve Rate is projected to trend around -0.75 percent in 2021 and -0.50 percent in 2022, according to our econometric models.