Norway Interest Rate  1991-2017 | Data | Chart | Calendar | Forecast

The Norges Bank left its key policy rate steady at a record low of 0.5 percent on December 15th 2016 as widely expected, saying the inflation will be lower than projected while house prices and household debt have risen more than expected. Policymakers reiterated rates are likely to stay at current levels in the near term. Interest Rate in Norway averaged 4.32 percent from 1991 until 2017, reaching an all time high of 11 percent in September of 1992 and a record low of 0.50 percent in March of 2016.

Norway Interest Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-22 08:00 AM Norges Bank Interest Rate Decison 0.5% 0.5% 0.5% 0.5%
2016-10-27 08:00 AM Norges Bank Interest Rate Decison 0.5% 0.5% 0.5% 0.5%
2016-12-15 09:00 AM Norges Bank Interest Rate Decison 0.5% 0.5% 0.5% 0.5%
2017-03-16 09:00 AM Norges Bank Interest Rate Decison 0.5% 0.5%
2017-03-16 09:00 AM Norges Bank Monetary Policy Report
2017-05-04 08:00 AM Norges Bank Interest Rate Decison




Norway Money Last Previous Highest Lowest Unit
Interest Rate 0.50 0.50 11.00 0.50 percent [+]
Interbank Rate 1.06 1.04 27.21 0.94 percent [+]
Money Supply M0 89279.00 86651.00 167428.00 33111.00 NOK Million [+]
Money Supply M1 1842774.00 1852632.00 1858299.00 66049.00 NOK Million [+]
Money Supply M2 2017151.00 2027907.00 2028524.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 522369.00 513764.00 534806.00 21053.00 NOK Million [+]
Loans to Private Sector 1608984.00 1620754.00 1621726.00 275742.00 NOK Million [+]
Deposit Interest Rate -0.50 -0.50 1.25 -0.50 percent [+]
Central Bank Balance Sheet 7913297.00 7750777.00 8050262.00 6389.00 NOK Millions [+]
Private Debt to GDP 278.69 270.35 278.69 195.20 percent [+]
Lending Rate 1.50 1.50 10.00 1.50 percent [+]
Loan Growth 4.80 5.00 24.20 -4.40 percent [+]



Norway Interest Rate Notes

In Norway, benchmark interest rate is set by the Central Bank of Norway (Norges Bank). The official interest rate is the key policy rate, also known as sight deposit rate. . This page provides the latest reported value for - Norway Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Interest Rate - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 11.00 0.50 1991 - 2017 percent Daily



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Jamaica 5.00 Dec/16
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Serbia 4.00 Feb/17
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Macedonia 3.75 Dec/16
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Chile 3.25 Feb/17
Guatemala 3.00 Jan/17
Libya 3.00 Dec/16
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Belize 2.50 Jan/17
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Cameroon 2.45 Dec/16
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Israel 0.10 Jan/17
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Japan -0.10 Jan/17
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Switzerland -0.75 Jan/17