Bank return on equity (%, before tax) in Norway
Norway: Bank return on equity (%, before tax) was 12.2% in 2021. ▼ Falling
Bank return on equity in Norway, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
In 2021, bank return on equity in Norway stood at 12.2%.
The figure is up 2.5% on the previous year and down 18.0% over ten years.
Over the whole period, bank return on equity in Norway peaked at 37.1% in 2006 and was at its lowest, 9.3%, in 2002.
That places Norway 86th out of 168 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Bank return on equity (%, before tax) in Norway, year by year
| Year | %, before tax | Change |
|---|---|---|
| 2000 | 17.5% | — |
| 2001 | 14.5% | -17.1% |
| 2002 | 9.3% | -35.9% |
| 2003 | 9.9% | +6.0% |
| 2004 | 12.1% | +22.2% |
| 2005 | 21.0% | +74.1% |
| 2006 | 37.1% | +76.4% |
| 2007 | 24.6% | -33.6% |
| 2008 | 14.0% | -43.1% |
| 2009 | 17.0% | +21.1% |
| 2010 | 19.7% | +15.9% |
| 2011 | 14.9% | -24.2% |
| 2012 | 17.6% | +18.0% |
| 2013 | 14.9% | -15.5% |
| 2014 | 16.0% | +7.5% |
| 2015 | 14.9% | -6.8% |
| 2016 | 13.4% | -10.3% |
| 2017 | 12.9% | -3.4% |
| 2018 | 13.5% | +4.3% |
| 2019 | 16.2% | +19.9% |
| 2020 | 11.9% | -26.2% |
| 2021 | 12.2% | +2.5% |
Norway compared with similar countries
- Norway's 12.2% is above the median for high income countries, which is 10.1%, 1.2× the median. (63 countries reporting)
- Norway's 12.2% is above the median for Europe & Central Asia, which is 10.0%, 1.2× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.7% | 9.3% | 37.1% | 10 |
| 2010s | 15.4% | 12.9% | 19.7% | 10 |
| 2020s | 12.1% | 11.9% | 12.2% | 2 |
Countries ranked near Norway
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 return on equity in Norway?
- Bank return on equity in Norway was 12.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on equity recorded in Norway?
- The highest recorded value was 37.1% in 2006.
- What is the lowest bank return on equity recorded in Norway?
- The lowest recorded value was 9.3% in 2002.
- How does Norway rank for bank return on equity?
- Norway ranks 86th out of 168 countries with data for 2021.
- Is bank return on equity rising or falling in Norway?
- Over the last ten years it is down 18.0%. 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 return on equity (%, before tax). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data10270[t] / ((data2055[t] + data2055[t-1])/2). 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.