Real interest rate in Norway
Norway: Real interest rate was 4.4% in 2025. ◆ Volatile
Real interest rate in Norway, 2013–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Norway is 4.4%, measured in 2025.
Compared with earlier readings it is down 27.9% on the previous year and down 29.6% over ten years.
Over the whole period, real interest rate in Norway peaked at 18.2% in 2023 and was at its lowest, -18.9%, in 2022.
Norway ranks 79th of 148 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.3% | -3.2% | 6.3% | 7 |
| 2020s | 0.1% | -18.9% | 18.2% | 6 |
Countries ranked near Norway
More financial sector data for Norway
- Domestic credit to private sector 124.4% (2024)
- Net domestic credit 6.02 trillion current LCU (2024)
- Total reserves in months of imports 4.37 (2025)
- Net foreign assets -717.63 billion current LCU (2024)
- Domestic credit to private sector by banks 105.9% (2024)
- Claims on central government, etc. -15.0% (2024)
- Monetary Sector credit to private sector 106.0% (2024)
- Broad money 59.3% (2024)
- Official exchange rate 10.4 LCU per US$, period average (2025)
- Net migration 29,798 (2025)
Frequently asked questions
- What is real interest rate in Norway?
- Real interest rate in Norway was 4.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Norway?
- The highest recorded value was 18.2% in 2023.
- What is the lowest real interest rate recorded in Norway?
- The lowest recorded value was -18.9% in 2022.
- How does Norway rank for real interest rate?
- Norway ranks 79th out of 148 countries with data for 2025.
- Is real interest rate rising or falling in Norway?
- Over the last ten years it is down 29.6%. 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 Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.