Deposit Interest Rate in Norway remained unchanged at 3.25 percent in August. Deposit Interest Rate in Norway averaged 0.56 percent from 2011 until 2025, reaching an all time high of 3.50 percent in December of 2023 and a record low of -1.00 percent in May of 2020. source: Norges Bank

Deposit Interest Rate in Norway is expected to be 3.00 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 2.50 percent in 2026 and 2.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 20986198.00 20588460.00 NOK Million Jul 2025
Deposit Interest Rate 3.25 3.25 percent Aug 2025
Interbank Rate 4.25 4.25 percent Sep 2025
Norges Bank Interest Rate 4.25 4.25 percent Aug 2025
Lending Rate 5.25 5.25 percent Aug 2025
Loan Growth YoY 4.10 4.10 percent Jul 2025
Loans to Private Sector 2100631.00 2102428.00 NOK Million Jul 2025



Norway Reserve Rate
In Norway, the Reserve Rate refers to the interest rate banks receive on deposits in excess of their individual quotas in Norges Bank.
Actual Previous Highest Lowest Dates Unit Frequency
3.25 3.25 3.50 -1.00 2011 - 2025 percent Monthly
NSA