Canada vs Norway: Interest rate spread

Canada
2.6%
in 2017
Norway
2.7%
in 2025
Canada rank
113th
Norway rank
111th

Interest rate spread over time

  • Canada
  • Norway
1234197119982025

How they compare

Norway currently reports 2.7% against 2.6% in Canada, a difference of 0.1%.

Across all 5 years both countries report, Canada has been ahead every year.

Canada ranks 113th and Norway ranks 111th of 141 countries.

Canada has averaged higher in every one of the 1 decades both report.

Frequently asked questions

Which has higher interest rate spread, Canada or Norway?
Norway, at 2.7% against 2.6% in Canada as of 2025.
What is the difference in interest rate spread between Canada and Norway?
0.1%, with Norway ahead.
How many years of comparable data are there for Canada and Norway?
5 years are reported by both, from 2013 to 2017.
How do Canada and Norway rank globally for interest rate spread?
Canada ranks 113th and Norway ranks 111th of 141 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Norway: Interest rate spread. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 06 September 2026, from https://financial-sector.statizoid.com/compare/interest-rate-spread-lending-rate-minus-deposit-rate-percent/canada/norway/

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About this data

Indicator
Interest rate spread (lending rate minus deposit rate, %)
Unit
lending rate minus deposit rate, %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
181 places, 5,163 data points, 1967–2025
Last refreshed

Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.