Bank cost to income ratio in Norway
Norway: Bank cost to income ratio was 42.1% in 2021. ▼ Falling
Bank cost to income ratio in Norway, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank cost to income ratio in Norway stood at 42.1%.
The figure is up 10.8% on the previous year and down 15.7% over ten years.
Over the whole period, bank cost to income ratio in Norway peaked at 63.9% in 2002 and was at its lowest, 36.9%, in 2019.
That places Norway 148th out of 169 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Bank cost to income ratio in Norway, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 60.8% | — |
| 2001 | 60.9% | +0.0% |
| 2002 | 63.9% | +5.0% |
| 2003 | 61.6% | -3.7% |
| 2004 | 59.5% | -3.4% |
| 2005 | 55.9% | -6.0% |
| 2006 | 48.4% | -13.5% |
| 2007 | 49.7% | +2.7% |
| 2008 | 49.7% | +0.0% |
| 2009 | 49.0% | -1.5% |
| 2010 | 45.9% | -6.2% |
| 2011 | 49.9% | +8.7% |
| 2012 | 44.7% | -10.5% |
| 2013 | 43.3% | -3.0% |
| 2014 | 42.8% | -1.3% |
| 2015 | 40.0% | -6.5% |
| 2016 | 39.5% | -1.1% |
| 2017 | 42.6% | +7.7% |
| 2018 | 43.2% | +1.4% |
| 2019 | 36.9% | -14.6% |
| 2020 | 38.0% | +3.0% |
| 2021 | 42.1% | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 55.9% | 48.4% | 63.9% | 10 |
| 2010s | 42.9% | 36.9% | 49.9% | 10 |
| 2020s | 40.0% | 38.0% | 42.1% | 2 |
Countries ranked near Norway
More financial sector data for Norway
- Net domestic credit (current LCU), per capita 1.08 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 12.01 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 3.18 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 55.94 billion SDR (2025)
- Reserves excluding gold 62.43 billion SDR (2025)
- Total reserves (gold at market value) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 11,126 SDR per person (2025)
Frequently asked questions
- What is bank cost to income ratio in Norway?
- Bank cost to income ratio in Norway was 42.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Norway?
- The highest recorded value was 63.9% in 2002.
- What is the lowest bank cost to income ratio recorded in Norway?
- The lowest recorded value was 36.9% in 2019.
- How does Norway rank for bank cost to income ratio?
- Norway ranks 148th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Norway?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.