Lending Rate, Percent per annum in Norway
Norway: Lending Rate, Percent per annum was 5.88 in 2025. ▲ Rising
Lending Rate, Percent per annum in Norway, 2013–2025
Source: International Monetary Fund.
Analysis
Norway recorded 5.88 for lending rate, percent per annum in 2025.
Compared with earlier readings it is down 4.4% on the previous year and up 67.9% over ten years.
Over the whole period, lending rate, percent per annum in Norway peaked at 6.15 in 2024 and was at its lowest, 2.27, in 2021.
That places Norway 106th out of 144 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Lending Rate, Percent per annum in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 4.35 | — |
| 2014 | 4.21 | -3.2% |
| 2015 | 3.5 | -16.9% |
| 2016 | 3.07 | -12.3% |
| 2017 | 3.01 | -2.1% |
| 2018 | 2.93 | -2.7% |
| 2019 | 3.24 | +10.6% |
| 2020 | 2.7 | -16.6% |
| 2021 | 2.27 | -15.7% |
| 2022 | 3.24 | +42.6% |
| 2023 | 5.31 | +63.7% |
| 2024 | 6.15 | +15.8% |
| 2025 | 5.88 | -4.4% |
Norway compared with similar countries
- Norway's 5.88 is above the median for high income countries, which is 5.18, 1.1× the median. (37 countries reporting)
- Norway's 5.88 is below the median for Europe & Central Asia, which is 8.27, 71% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.47 | 2.93 | 4.35 | 7 |
| 2020s | 4.26 | 2.27 | 6.15 | 6 |
Countries ranked near Norway
- 103 Saint Lucia 6.25 compare
- 104 Benin 6.25 compare
- 104 Burkina Faso 6.25 compare
- 107 Dominica 5.77 compare
- 108 Montserrat 5.76 compare
- 109 West Bank and Gaza 5.56 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 lending rate, percent per annum in Norway?
- Lending rate, percent per annum in Norway was 5.88 in 2025, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Norway?
- The highest recorded value was 6.15 in 2024.
- What is the lowest lending rate, percent per annum recorded in Norway?
- The lowest recorded value was 2.27 in 2021.
- How does Norway rank for lending rate, percent per annum?
- Norway ranks 106th out of 144 countries with data for 2025.
- Is lending rate, percent per annum rising or falling in Norway?
- Over the last ten years it is up 67.9%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.