Deposit interest rate (%) in Norway
Norway: Deposit interest rate (%) was 3.2% in 2025. ◆ Volatile
Deposit interest rate in Norway, 2013–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Norway is 3.2%, measured in 2025.
That represents a change of down 1.7% on the previous year and up 144.0% over ten years.
Over the whole period, deposit interest rate in Norway peaked at 3.3% in 2024 and was at its lowest, 0.3%, in 2021.
Norway ranks 82nd of 153 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate (%) in Norway, year by year
| Year | % | Change |
|---|---|---|
| 2013 | 2.2% | — |
| 2014 | 2.1% | -5.4% |
| 2015 | 1.3% | -36.6% |
| 2016 | 0.8% | -42.0% |
| 2017 | 0.7% | -5.0% |
| 2018 | 0.7% | +1.0% |
| 2019 | 0.9% | +27.0% |
| 2020 | 0.6% | -35.6% |
| 2021 | 0.3% | -49.5% |
| 2022 | 0.9% | +192.8% |
| 2023 | 2.4% | +171.0% |
| 2024 | 3.3% | +36.1% |
| 2025 | 3.2% | -1.7% |
Norway compared with similar countries
- Norway's 3.2% is above the median for high income countries, which is 1.6%, 2.1× the median. (39 countries reporting)
- Norway's 3.2% is above the median for Europe & Central Asia, which is 3.2%, 1.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.2% | 0.7% | 2.2% | 7 |
| 2020s | 1.8% | 0.3% | 3.3% | 6 |
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 deposit interest rate in Norway?
- Deposit interest rate in Norway was 3.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Norway?
- The highest recorded value was 3.3% in 2024.
- What is the lowest deposit interest rate recorded in Norway?
- The lowest recorded value was 0.3% in 2021.
- How does Norway rank for deposit interest rate?
- Norway ranks 82nd out of 153 countries with data for 2025.
- Is deposit interest rate rising or falling in Norway?
- Over the last ten years it is up 144.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the 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. This indicator is expressed as a percentage (a÷b)*100.