The Norges Bank raised its overnight lending rate by 25bps to 2 percent during its March meeting. Lending Rate in Norway averaged 4.92 percent from 1993 until 2019, reaching an all time high of 10 percent in August of 1998 and a record low of 1.50 percent in March of 2016.

Lending Rate in Norway is expected to be 1.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Norway to stand at 1.75 in 12 months time. In the long-term, the Norway Overnight Lending Rate is projected to trend around 1.75 percent in 2020, according to our econometric models.

Norway Overnight Lending Rate
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Forecast Data Chart
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Norway Money Last Previous Highest Lowest Unit
Interest Rate 1.00 0.75 11.00 0.50 percent [+]
Interbank Rate 1.44 1.45 27.21 0.71 percent [+]
Money Supply M0 81896.00 106263.00 167428.00 33111.00 NOK Million [+]
Money Supply M1 2097243.00 2109179.00 2124499.00 66049.00 NOK Million [+]
Money Supply M2 2261116.00 2269620.00 2278427.00 17026.00 NOK Million [+]
Foreign Exchange Reserves 583534.00 564012.00 583534.00 21053.00 NOK Million [+]
Loans to Private Sector 1779235.00 1771151.00 1779235.00 275742.00 NOK Million [+]
Deposit Interest Rate 0.00 0.00 1.25 -0.50 percent [+]
Lending Rate 2.00 1.75 10.00 1.50 percent [+]
Loan Growth 5.70 5.70 24.20 -4.40 percent [+]
Private Debt to GDP 284.60 294.59 294.59 195.20 percent [+]
Central Bank Balance Sheet 9149080.00 8820009.00 9319711.00 6389.00 NOK Million [+]


Norway Overnight Lending Rate

This page provides - Norway Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Overnight Lending Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.75 10.00 1.50 1993 - 2019 percent Monthly
NSA




Country Last Previous
Turkey 25.50 Jan/19
Indonesia 6.75 Apr/19
United Kingdom 1.00 Mar/19
Euro Area 0.25 Apr/19


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