Lending interest rate in Norway
Norway: Lending interest rate was 5.9% in 2025. ▲ Rising
Lending interest rate in Norway, 2013–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Norway recorded 5.9% for lending interest rate in 2025.
That represents a change of down 4.4% on the previous year and up 67.9% over ten years.
Over the whole period, lending interest rate in Norway peaked at 6.1% in 2024 and was at its lowest, 2.3%, in 2021.
That places Norway 105th out of 148 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.5% | 2.9% | 4.3% | 7 |
| 2020s | 4.3% | 2.3% | 6.1% | 6 |
Countries ranked near Norway
More financial sector data for Norway
- Net migration 29,798 (2025)
- Total reserves in months of imports 4.37 (2025)
- Net domestic credit 6.02 trillion current LCU (2024)
- Domestic credit to private sector by banks 105.9% (2024)
- Net foreign assets -717.63 billion current LCU (2024)
- Claims on central government, etc. -15.0% (2024)
- Monetary Sector credit to private sector 106.0% (2024)
- Domestic credit to private sector 124.4% (2024)
- Broad money 59.3% (2024)
- Official exchange rate 10.4 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Norway?
- Lending interest rate in Norway was 5.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Norway?
- The highest recorded value was 6.1% in 2024.
- What is the lowest lending interest rate recorded in Norway?
- The lowest recorded value was 2.3% in 2021.
- How does Norway rank for lending interest rate?
- Norway ranks 105th out of 148 countries with data for 2025.
- Is lending interest rate 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 Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.