Norway Long Term Interest Rate

1985 - 2021 | Monthly | % pa | Norges Bank

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  • The cash rate (Policy Rate: Month End: Sight Deposit Rate) was set at 3.75 % pa in Jul 2023.
  • Norway Exchange Rate against USD averaged 10.80 (USD/NOK) in Jun 2023.
  • View Norway's Long Term Interest Rate from Jan 1985 to Jun 2021 in the chart:

    Norway Long Term Interest Rate

    What was Norway's Long Term Interest Rate in Jun 2021?

    Last Previous Min Max Unit Frequency Range
    1.36 Jun 2021 1.50 May 2021 0.55 Jul 2020 13.52 Dec 1986 % pa monthly Jan 1985 - Jun 2021

    Long Term Interest Rate by Country Comparison

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    Includes Long Term Interest Rate on 78 economies standardised by CEIC. Instant access to full history data in excel.
    country/region Last Frequency Range
    Armenia (% pa) 10.86 Oct 2023 monthly Sep 2004 - Oct 2023
    Australia (% pa) 4.04 Mar 2024 monthly Jul 1969 - Mar 2024
    Austria (% pa) 2.85 Mar 2024 monthly Jan 1993 - Mar 2024
    Bahrain (% pa) 5.50 Mar 2024 monthly Mar 2010 - Mar 2024
    Bangladesh (% pa) 12.02 Feb 2024 monthly Dec 2003 - Feb 2024
    Belgium (% pa) 2.91 Mar 2024 monthly Jan 1993 - Mar 2024
    Botswana (% pa) 8.29 Feb 2024 monthly Oct 2004 - Feb 2024
    Brazil (% pa) 6.53 Mar 2024 monthly Dec 1994 - Mar 2024
    Bulgaria (% pa) 3.93 Mar 2024 monthly Jan 2003 - Mar 2024
    Canada (% pa) 3.45 Mar 2024 monthly Jan 1993 - Mar 2024
    Chile (% pa) 5.47 Feb 2024 monthly Jul 2004 - Feb 2024
    China (% pa) 2.30 Mar 2024 monthly Jul 2008 - Mar 2024
    Colombia (% pa) 10.32 Mar 2024 monthly Jan 2003 - Mar 2024
    Croatia (% pa) 3.30 Feb 2024 monthly Dec 2005 - Feb 2024
    Cyprus (% pa) 3.21 Mar 2024 monthly Jan 2001 - Mar 2024
    Czech Republic (% pa) 3.82 Mar 2024 monthly Jan 2001 - Mar 2024
    Denmark (% pa) 2.32 Mar 2024 monthly Jan 1993 - Mar 2024
    Egypt (% pa) 14.40 Jan 2021 monthly Jul 2007 - Jan 2021
    Estonia (% pa) 3.49 Feb 2024 monthly Jun 2020 - Feb 2024
    European Union (% pa) 2.95 Mar 2024 monthly Jan 1970 - Mar 2024
    Finland (% pa) 2.85 Mar 2024 monthly Jan 1993 - Mar 2024
    France (% pa) 2.85 Feb 2024 monthly Jan 1993 - Feb 2024
    Georgia (% pa) 8.35 Mar 2024 monthly Mar 2012 - Mar 2024
    Germany (% pa) 2.33 Feb 2024 monthly Jan 1993 - Feb 2024
    Ghana (% pa) 29.85 Dec 2023 monthly Sep 2004 - Dec 2023
    Greece (% pa) 3.37 Mar 2024 monthly Jan 1993 - Mar 2024
    Hong Kong SAR, China (% pa) 3.70 Mar 2024 monthly Jan 2010 - Mar 2024
    Hungary (% pa) 6.49 Mar 2024 monthly Jan 2001 - Mar 2024
    Iceland (% pa) 1.00 Aug 2022 monthly Jan 1992 - Aug 2022
    India (% pa) 7.07 Mar 2024 monthly May 1996 - Mar 2024
    Indonesia (% pa) 6.72 Mar 2024 monthly Oct 2008 - Mar 2024
    Ireland (% pa) 2.75 Mar 2024 monthly Jan 1993 - Mar 2024
    Israel (% pa) 1.67 Feb 2024 monthly Feb 1994 - Feb 2024
    Italy (% pa) 3.70 Mar 2024 monthly Jan 1993 - Mar 2024
    Japan (% pa) 0.72 Mar 2024 monthly Dec 1998 - Mar 2024
    Kazakhstan (% pa) 10.81 Mar 2024 monthly Mar 2006 - Mar 2024
    Kenya (% pa) 14.37 Apr 2023 monthly Dec 2003 - Apr 2023
    South Korea (% pa) 3.41 Mar 2024 monthly Jul 2001 - Mar 2024
    Latvia (% pa) 3.40 Mar 2024 monthly Jan 2001 - Mar 2024
    Lebanon (% pa) 6.00 May 2023 monthly Mar 2005 - May 2023
    Lithuania (% pa) 2.88 Mar 2024 monthly Jan 2001 - Mar 2024
    Luxembourg (% pa) 2.79 Mar 2024 monthly Oct 1993 - Mar 2024
    Malaysia (% pa) 3.85 Mar 2024 monthly Feb 1992 - Mar 2024
    Malta (% pa) 3.40 Mar 2024 monthly Jan 2001 - Mar 2024
    Mexico (% pa) 4.74 Mar 2024 monthly Oct 1999 - Mar 2024
    Moldova (% pa) 6.50 Jul 2021 monthly Feb 2001 - Jul 2021
    Mongolia (% pa) 17.50 Apr 2014 monthly Nov 2013 - Apr 2014
    Morocco (% pa) 4.21 Jul 2023 monthly Jan 1998 - Jul 2023
    Myanmar (% pa) 9.50 2023 yearly 1986 - 2023
    Nepal (% pa) 9.00 Feb 2024 monthly Jun 1981 - Feb 2024
    Netherlands (% pa) 2.62 Mar 2024 monthly Jan 1993 - Mar 2024
    New Zealand (% pa) 4.59 Mar 2024 monthly Jan 1985 - Mar 2024
    Norway (% pa) 1.36 Jun 2021 monthly Jan 1985 - Jun 2021
    Oman (%) 4.94 Feb 2024 monthly Jun 2012 - Feb 2024
    Pakistan (% pa) 11.00 Jun 2023 monthly Mar 2015 - Jun 2023
    Peru (% pa) 7.34 Mar 2024 monthly May 2005 - Mar 2024
    Philippines (% pa) 6.22 Jan 2024 monthly Sep 1996 - Jan 2024
    Poland (% pa) 5.40 Mar 2024 monthly Jan 2001 - Mar 2024
    Portugal (% pa) 3.02 Mar 2024 monthly Jul 1993 - Mar 2024
    Romania (% pa) 5.96 Mar 2024 monthly Apr 2005 - Mar 2024
    Russia (% pa) 13.26 Mar 2024 monthly Jan 2003 - Mar 2024
    Singapore (% pa) 3.11 Mar 2024 monthly Jun 1998 - Mar 2024
    Slovakia (% pa) 3.51 Mar 2024 monthly Jan 2001 - Mar 2024
    Slovenia (% pa) 3.20 Mar 2024 monthly Mar 2002 - Mar 2024
    South Africa (% pa) 12.27 Mar 2024 monthly Aug 2006 - Mar 2024
    Spain (% pa) 3.19 Mar 2024 monthly Jan 1993 - Mar 2024
    Sri Lanka (% pa) 13.14 Feb 2022 monthly Jan 2012 - Feb 2022
    Sweden (% pa) 2.43 Feb 2024 monthly Jan 1993 - Feb 2024
    Switzerland (% pa) 0.64 Mar 2024 monthly Jan 1988 - Mar 2024
    Taiwan (% pa) 1.23 Feb 2024 monthly Jan 1995 - Feb 2024
    Thailand (% pa) 2.51 Mar 2024 monthly Sep 1999 - Mar 2024
    Tunisia (% pa) 8.33 Dec 2023 monthly Jan 2005 - Dec 2023
    Turkey (% pa) 13.46 May 2023 monthly Jan 2010 - May 2023
    United Kingdom (% pa) 4.01 Mar 2024 monthly Jan 1993 - Mar 2024
    United States (% pa) 4.21 Mar 2024 monthly Apr 1953 - Mar 2024
    Uruguay (% pa) 2.74 Jul 2021 monthly Oct 2003 - Jul 2021
    Venezuela (% pa) 13.66 Sep 2018 monthly Jan 1999 - Sep 2018
    Zambia (% pa) 23.00 Feb 2024 monthly Aug 2007 - Feb 2024

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    Norway Key Series

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    Includes 242 key indicators for Norway, curated by CEIC analysts. Instant access to full history data in excel.
    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) 16.3 Dec 2023 quarterly Dec 2002 - Dec 2023
    Consolidated Fiscal Balance (USD mn) 14,604.965 Dec 2023 quarterly Mar 2002 - Dec 2023
    Tax Revenue (USD mn) 41,251.074 Dec 2023 quarterly Mar 2002 - Dec 2023
    Tax Revenue: % of GDP (%) 32.6 Dec 2023 quarterly Mar 2002 - Dec 2023
    National Government Debt (USD mn) 224,382.7 2023 yearly 1995 - 2023
    Government Debt: % of GDP (%) 44.3 2023 yearly 1995 - 2023
    Forecast: Government Expenditure (NOK bn) 2,771.660 2028 yearly 1980 - 2028
    Forecast: Government Net Debt (NOK bn) 2,191.300 2028 yearly 1980 - 2028
    Forecast: Government Revenue (NOK bn) 3,394.140 2028 yearly 1980 - 2028
    General Govt Taxes: GS: Value Added Tax (NOK mn) 381,500.000 2023 yearly 1995 - 2023
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 1.315 2028 yearly 1980 - 2028
    Trade Balance (USD mn) 4,906.7 Feb 2024 monthly Jan 1957 - Feb 2024
    Total Exports (USD mn) 12,277.9 Feb 2024 monthly Jan 1975 - Feb 2024
    Total Exports Growth (%) -21.3 Feb 2024 monthly Jan 1976 - Feb 2024
    Aluminum: Exports (USD th) 6,135,979.913 2022 yearly 1995 - 2022
    Exports: Medicament (USD th) 448,682.646 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 277,185.408 2022 yearly 1995 - 2022
    Total Imports (USD mn) 7,371.2 Feb 2024 monthly Jan 1976 - Feb 2024
    Total Imports Growth (%) -2.4 Feb 2024 monthly Jan 1977 - Feb 2024
    Imports: Medicament (USD th) 1,781,332.513 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 1,061,381.998 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 449.730 Feb 2024 monthly Jan 1988 - Feb 2024
    Total Imports from USA (USD mn) 482.477 Feb 2024 monthly Apr 1963 - Feb 2024
    Total Exports to China (USD mn) 220.004 Feb 2024 monthly Mar 1977 - Feb 2024
    Total Imports from China (USD mn) 764.485 Feb 2024 monthly Apr 1963 - Feb 2024
    Imports (NOK mn) 77,812.000 Feb 2024 monthly Jan 1976 - Feb 2024
    Exports: Crude Oil (NOK mn) 37,242.000 Feb 2024 monthly Jan 1974 - Feb 2024
    Exports (NOK mn) 129,608.000 Feb 2024 monthly Jan 1975 - Feb 2024
    Exports: Netherlands (NOK th) 12,977,337.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Exports: Germany (NOK th) 22,026,793.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Exports: United Kingdom (NOK th) 23,248,251.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Exports: Sweden (NOK th) 10,823,383.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Exports: France (NOK th) 7,495,122.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Exports: 1-Digit: Manufactured Goods (NOK th) 10,968,711.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Exports: 1-Digit: Food and Live Animals (NOK th) 13,532,875.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 10,976,238.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 80,605,812.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Exports: 1-Digit: Chemical and Related Product (NOK th) 6,735,434.000 Feb 2024 monthly Jan 1988 - Feb 2024
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 2,229.3 Dec 2023 quarterly Mar 1994 - Dec 2023
    Current Account Balance (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
    Current Account Balance: % of GDP (%) 16.1 Sep 2023 quarterly Mar 1981 - Sep 2023
    Foreign Direct Investment (USD mn) -566.7 Dec 2023 quarterly Mar 2005 - Dec 2023
    Foreign Direct Investment: % of GDP (%) -0.9 Dec 2022 quarterly Mar 2005 - Dec 2022
    Foreign Portfolio Investment (USD mn) 11,218.004 Dec 2023 quarterly Mar 1994 - Dec 2023
    Foreign Portfolio Investment: % of GDP (%) 8.9 Dec 2023 quarterly Mar 1994 - Dec 2023
    Foreign Portfolio Investment: Equity Securities (USD mn) -1,029.3 Dec 2023 quarterly Mar 2005 - Dec 2023
    Foreign Portfolio Investment: Debt Securities (USD mn) 12,247.320 Dec 2023 quarterly Mar 2005 - Dec 2023
    External Debt (USD mn) 772,516.8 Dec 2023 quarterly Mar 2003 - Dec 2023
    External Debt: % of GDP (%) 152.5 2023 yearly 2003 - 2023
    External Debt: Short Term (USD mn) 291,620.9 Sep 2023 quarterly Mar 2012 - Sep 2023
    External Debt: Short Term: % of GDP (%) 51.9 2022 yearly 2012 - 2022
    Total Debt: % of GDP (%) 589.0 Dec 2023 quarterly Dec 1995 - Dec 2023
    Forecast: Current Account Balance (USD bn) 105.824 2028 yearly 1980 - 2028
    Net International Investment Position (USD mn) 1,509,953.566 Dec 2023 quarterly Mar 2012 - Dec 2023
    BoP: Financial Account (FA): Foreign Assets (NOK mn) 735,342.000 Dec 2023 quarterly Mar 2005 - Dec 2023
    BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) 537,644.000 Dec 2023 quarterly Mar 2005 - Dec 2023
    BoP: FA: Foreign Assets: Other Investments (NOK mn) 200,228.000 Dec 2023 quarterly Mar 2005 - Dec 2023
    BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) 24,134.000 Dec 2023 quarterly Mar 2005 - Dec 2023
    BoP: FA: Foreign Assets: Reserve Assets (NOK mn) -26,664.000 Dec 2023 quarterly Mar 2005 - Dec 2023
    BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) 121,442.000 Dec 2023 quarterly Mar 2005 - Dec 2023
    BoP: FA: Foreign Liabilities: Other Investments (NOK mn) 351,325.000 Dec 2023 quarterly Mar 2005 - Dec 2023
    BoP: FA: Foreign Liabilities (NOK mn) 466,632.000 Dec 2023 quarterly Mar 2005 - Dec 2023
    BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) -6,135.000 Dec 2023 quarterly Mar 2005 - Dec 2023
    BoP: Current Account Balance (NOK mn) 171,339.000 Jun 2023 quarterly Mar 1981 - Jun 2023
    BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 61,807.000 Jun 2023 quarterly Mar 1981 - Jun 2023
    BoP: BI: Net Current Transfers (NOK mn) -24,571.000 Jun 2023 quarterly Mar 1981 - Jun 2023
    International Investment Position (IIP): Foreign Assets: Net (NOK mn) 15,283,750.000 Dec 2023 quarterly Mar 2012 - Dec 2023
    IIP: Foreign Assets (NOK mn) 25,975,856.000 Dec 2023 quarterly Mar 2012 - Dec 2023
    IIP: Foreign Liabilities (NOK mn) 10,692,106.000 Dec 2023 quarterly Mar 2012 - Dec 2023
    Gross External Debt (NOK mn) 7,819,415.000 Dec 2023 quarterly Mar 2012 - Dec 2023
    Gross Debt: External Loan Debt: General Public (NOK mn) 1,222,575.000 Dec 2018 quarterly Dec 2015 - Dec 2018
    Foreign Direct Investment: Stock (NOK mn) 1,542,388.000 2022 yearly 2004 - 2022
    Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
    Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 203,949.000 2022 yearly 1998 - 2022
    Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 278,938.000 2022 yearly 1998 - 2022
    Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 84,769.000 2022 yearly 1998 - 2022
    Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 17,239.000 2022 yearly 2004 - 2022
    Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 2,508.000 2022 yearly 1998 - 2022
    No of Bankruptcies: SIC 2007 (Unit) 1,186.000 Dec 2023 quarterly Mar 2006 - Dec 2023
    No of New Registered Enterprises (Unit) 16,192.000 Dec 2023 quarterly Mar 2001 - Dec 2023
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 0.4 2022 yearly 1990 - 2022
    Household Debt: % of GDP (%) 91.5 Dec 2023 quarterly Dec 1995 - Dec 2023
    Money Supply M1 (USD mn) 247,743.328 Feb 2024 monthly Dec 1992 - Feb 2024
    Money Supply M2 (USD mn) 287,449.590 Feb 2024 monthly Dec 1992 - Feb 2024
    M2 Growth (%) -0.9 Feb 2024 monthly Dec 1993 - Feb 2024
    Reserve Requirement Ratio (%) 3.5 Mar 2024 monthly Oct 2011 - Mar 2024
    Foreign Exchange Reserves (USD mn) 73,487.5 Mar 2024 monthly Jan 1999 - Mar 2024
    Foreign Exchange Reserves: % of GDP (%) 14.217 Dec 2023 quarterly Mar 1999 - Dec 2023
    Foreign Exchange Reserves: Months of Import (NA) 10.2 Mar 2024 monthly Jan 1999 - Mar 2024
    Gold Reserves (USD mn) 0.000 Mar 2024 monthly Dec 1959 - Mar 2024
    Total Deposits (USD mn) 468,775.087 Feb 2024 monthly May 2009 - Feb 2024
    Total Deposits Growth (%) 1.2 Feb 2024 monthly May 2010 - Feb 2024
    Domestic Credit (USD mn) 688,972.4 Feb 2024 monthly Dec 1985 - Feb 2024
    Domestic Credit Growth (%) 3.5 Feb 2024 monthly Dec 1986 - Feb 2024
    Debt Service Ratio: Households (%) 19.500 Sep 2023 quarterly Mar 1999 - Sep 2023
    Debt Service Ratio: Private Non-Financial Sector (%) 34.300 Sep 2023 quarterly Mar 1999 - Sep 2023
    Credit to Households (USD bn) 414.690 Sep 2023 quarterly Mar 1975 - Sep 2023
    Credit to Private Non-Financial Sector (USD bn) 1,108.913 Sep 2023 quarterly Dec 1953 - Sep 2023
    Household Debt (USD mn) 463,793.2 Dec 2023 quarterly Dec 1995 - Dec 2023
    Total Loans (USD mn) 776,042.482 Dec 2023 monthly Mar 1996 - Dec 2023
    Total Loans Growth (%) 4.57 Dec 2023 monthly Mar 1997 - Dec 2023
    Private Debt: % of Nominal GDP (%) 118.20 Dec 2023 quarterly Mar 1996 - Dec 2023
    Monetary Aggregates: Base Money (NOK mn) 69,307.000 Feb 2024 monthly Jan 1900 - Feb 2024
    Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 732,187.000 Mar 2024 monthly Jan 1999 - Mar 2024
    Official Reserve Assets (NOK mn) 863,407.000 Feb 2024 monthly Jan 1999 - Feb 2024
    Bank Deposits (NOK mn) 4,972,813.000 Feb 2024 monthly May 2009 - Feb 2024
    Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
    Loans: Banks (NOK mn) 4,927,383.000 Feb 2024 monthly Jan 1996 - Feb 2024
    Non Performing Loans Ratio: Enterprises (%) 0.500 2022 yearly 1990 - 2022
    Business and Economic Survey Last Frequency Range
    Business Confidence Growth (% Point) 4.0 Mar 2024 monthly Feb 2005 - Mar 2024
    Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

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