Norway Reserve Rate  2011-2018 | Data | Chart | Calendar | Forecast | News

The Norges Bank raised its reserve rate by 25bps to -0.25 percent on September 20th, 2018. It was the first rate hike since May 2011, as the economy accelerates and inflation picks up. Deposit Interest Rate in Norway averaged 0.07 percent from 2011 until 2018, reaching an all time high of 1.25 percent in November of 2011 and a record low of -0.50 percent in March of 2016.

Norway Reserve Rate
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Norway Money Last Previous Highest Lowest Unit
Interest Rate 0.75 0.50 11.00 0.50 percent [+]
Interbank Rate 1.12 1.12 27.21 0.71 percent [+]
Money Supply M0 95740.00 98786.00 167428.00 33111.00 NOK Million [+]
Money Supply M1 2124180.00 2124499.00 2124499.00 66049.00 NOK Million [+]
Money Supply M2 2278252.00 2278427.00 2278427.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 553510.00 537622.00 564659.00 21053.00 NOK Million [+]
Loans to Private Sector 1765840.00 1771778.00 1771778.00 275742.00 NOK Million [+]
Deposit Interest Rate -0.25 -0.50 1.25 -0.50 percent [+]
Lending Rate 1.75 1.50 10.00 1.50 percent [+]
Loan Growth 5.70 5.90 24.20 -4.40 percent [+]
Private Debt to GDP 286.78 294.81 294.81 195.20 percent [+]
Central Bank Balance Sheet 9067423.00 8924154.00 9083028.00 6389.00 NOK Millions [+]


Norway Reserve Rate

In Norway, the Reserve Rate refers to the interest rate banks receive on deposits in excess of their individual quotas in Norges Bank. This page includes a chart with historical data for Deposit Interest Rate in Norway. Norway Reserve Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.25 -0.50 1.25 -0.50 2011 - 2018 percent Monthly
NSA




deposit interest rate by Country
Country Last
Turkey 22.50 Sep/18
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Russia 7.01 Dec/16
Indonesia 4.75 Aug/18
Mexico 2.70 Dec/17
Saudi Arabia 2.65 Sep/18
Australia 1.90 Aug/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Aug/18
China 0.35 Aug/18
Japan 0.30 Dec/16
Singapore 0.14 Dec/17
Canada 0.10 Dec/16
Switzerland -0.32 Jul/18
Euro Area -0.40 Sep/18


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