Norway Interest Rate  1991-2016 | Data | Chart | Calendar | Forecast

The Norges Bank left its sight deposit rate unchanged at the current record low of 0.5 percent on September 22nd, as widely expected, saying inflation has been unexpectedly high in recent months and there are signs that growth in the Norwegian economy is picking up at a faster pace than projected in June. Still, policymakers considered that capacity utilisation is below a normal level. The key policy rate is expected to remain close to 0.5 percent in the next few years, according to the September 2016 Monetary Policy Report. Interest Rate in Norway averaged 4.36 percent from 1991 until 2016, reaching an all time high of 11 percent in September of 1992 and a record low of 0.50 percent in March of 2016. Interest Rate in Norway is reported by the Norges Bank.

Norway Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 11.00 0.50 1991 - 2016 percent Daily
In Norway, benchmark interest rate is set by the Central Bank of Norway (Norges Bank). The official interest rate is the key policy 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-12 08:00 AM Norges Bank Interest Rate Decison 0.5% 0.5% 0.5% 0.5%
2016-06-23 08:00 AM Norges Bank Interest Rate Decison 0.5% 0.5% 0.5% 0.5%
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% 0.25%
2016-12-15 09:00 AM Norges Bank Interest Rate Decison 0.25%

Norway Money Last Previous Highest Lowest Unit
Interest Rate 0.50 0.50 11.00 0.50 percent [+]
Interbank Rate 1.08 1.07 27.21 0.94 percent [+]
Money Supply M0 84620.00 86108.00 167428.00 33111.00 NOK Million [+]
Money Supply M1 1853013.00 1854788.00 1854788.00 66049.00 NOK Million [+]
Money Supply M2 2021241.00 2014097.00 2021241.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 528370.00 534806.00 534806.00 21053.00 NOK Million [+]
Loans to Private Sector 1621726.00 1619773.00 1621726.00 275742.00 NOK Million [+]
Deposit Interest Rate -0.50 -0.50 1.25 -0.50 percent [+]
Central Bank Balance Sheet 7977730.00 8050262.00 8050262.00 6389.00 NOK Millions [+]
Private Debt to GDP 276.94 268.53 276.94 195.20 percent [+]
Lending Rate 1.50 1.50 10.00 1.50 percent [+]
Loan Growth 5.00 4.90 24.20 -4.40 percent [+]




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