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Interest Rate on Bank Loans (Local Currency) in Norway

Source: OECD, Central Bank of Norway (Norges Bank), Finanstilsynet
Last Updated: July 24, 2023

Interest rate on bank loans reached 4.42% in fourth quarter of 2010 in Norway, according to the National Central Bank. This is 0% more than in the previous quarter.

Historically, interest rate on bank loans in Norway reached an all time high of 14.5% in 2Q1991 and an all time low of 3.86% in 2Q2005.

Norway has been ranked 117th within the group of 125 countries we follow in terms of interest rate on bank loans.

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