Deposit Interest Rate in Norway increased to 2.25 percent in May from 2 percent in April of 2023. source: Norges Bank
Deposit Interest Rate in Norway averaged 0.02 percent from 2011 until 2023, reaching an all time high of 2.25 percent in May of 2023 and a record low of -1.00 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 June of 2023.
Deposit Interest Rate in Norway is expected to be 2.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Reserve Rate is projected to trend around 2.25 percent in 2024 and 1.50 percent in 2025, according to our econometric models.