Interest Rate on Bank Loans (Local Currency) in Norway

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Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 2.27% in 2021 in Norway, according to the National Central Bank. This is 15.7% less than in the previous year.

Historically, interest rate on bank loans in Norway reached an all time high of 4.35% in 2013 and an all time low of 2.27% in 2021.

Norway has been ranked 93rd within the group of 94 countries we follow in terms of interest rate on bank loans.

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