Bank net interest margin in Norway
Norway: Bank net interest margin was 1.8% in 2021. ▼ Falling
Bank net interest margin in Norway, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Norway recorded 1.8% for bank net interest margin in 2021.
The figure is down 10.3% on the previous year and up 19.4% over ten years.
Over the whole period, bank net interest margin in Norway peaked at 2.5% in 2002 and was at its lowest, 1.2%, in 2014.
That places Norway 129th out of 166 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 net interest margin in Norway, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.2% | — |
| 2001 | 2.3% | +3.0% |
| 2002 | 2.5% | +10.5% |
| 2003 | 2.1% | -14.3% |
| 2004 | 1.3% | -38.2% |
| 2005 | 1.7% | +28.7% |
| 2006 | 2.1% | +22.4% |
| 2007 | 1.5% | -28.5% |
| 2008 | 1.3% | -13.6% |
| 2009 | 1.4% | +9.6% |
| 2010 | 1.4% | -2.3% |
| 2011 | 1.5% | +10.1% |
| 2012 | 1.6% | +6.8% |
| 2013 | 1.4% | -16.0% |
| 2014 | 1.2% | -9.7% |
| 2015 | 1.4% | +10.3% |
| 2016 | 1.6% | +17.6% |
| 2017 | 1.6% | -0.4% |
| 2018 | 1.9% | +18.5% |
| 2019 | 2.1% | +14.4% |
| 2020 | 2.0% | -6.2% |
| 2021 | 1.8% | -10.3% |
Norway compared with similar countries
- Norway's 1.8% is below the median for high income countries, which is 1.9%, 94% of the median. (62 countries reporting)
- Norway's 1.8% is below the median for Europe & Central Asia, which is 2.0%, 90% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 1.3% | 2.5% | 10 |
| 2010s | 1.6% | 1.2% | 2.1% | 10 |
| 2020s | 1.9% | 1.8% | 2.0% | 2 |
Countries ranked near Norway
- 126 Malta 1.9% compare
- 127 United Kingdom 1.8% compare
- 128 Cuba 1.8% compare
- 130 Latvia 1.8% compare
- 131 Turkmenistan 1.7% compare
- 132 Afghanistan 1.7% compare
More financial sector data for Norway
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 242.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 176.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 242.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is bank net interest margin in Norway?
- Bank net interest margin in Norway was 1.8% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Norway?
- The highest recorded value was 2.5% in 2002.
- What is the lowest bank net interest margin recorded in Norway?
- The lowest recorded value was 1.2% in 2014.
- How does Norway rank for bank net interest margin?
- Norway ranks 129th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in Norway?
- Over the last ten years it is up 19.4%. 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 net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are 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.