Bank Interest Rate Spread Statistics in Norway (2026)

Norway recorded the bank interest rate spread of 2.9 percentage points in 2024, World Bank World Development Indicators data show. Essentially no change from 2.9 percentage points in 2023 to 2.9 percentage points in 2024. Norway ranks #5 of 20 economies in Europe & Central Asia on this measure, and #20 of 105 globally.

Latest value (2024)
2.9 percentage points (2024)
Bank Interest Rate Spread in Norway as of 2024, the most recent observation in World Bank World Development Indicators data.
Change since 2023
0 pp (2024)
Essentially no change from 2.9 percentage points in 2023 to 2.9 percentage points in 2024.
Earliest value in this dataset (2013)
2.2 percentage points (2013)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 2.2 percentage points in 2013 to 2.9 percentage points in 2024.
Peak value (2023)
2.9 percentage points (2023)
Highest value in the available series; the 2024 value is 2.9 percentage points.
Rank in Europe & Central Asia (lower is better; rank 1 = lowest)
#5 of 20 (2024)
Norway ranks 5 of 20 countries in Europe & Central Asia with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
Global rank (lower is better; rank 1 = lowest)
#20 of 105 (2024)
Norway ranks 20 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
Europe & Central Asia average
5 percentage points (2024)
Norway (2.9 percentage points) is below the average of 5 percentage points across the 20 countries in Europe & Central Asia with data.
Lending interest rate (%) (2024)
6.1% (2024)
Related indicator from World Bank World Development Indicators.
Deposit interest rate (%) (2024)
3.3% (2024)
Related indicator from World Bank World Development Indicators.
Internet use in Norway (2024)
99% (2024)
99% of the population in Norway used the internet in 2024 (World Bank); shown for context only.
Population (2024)
5.6 million (2024)
Norway had a population of 5.6 million in 2024 (World Bank); shown for scale only.
Bank Interest Rate Spread in Norway by year (percentage points)
Year percentage points Change
2024 2.9−0.8%
2023 2.9+23.5%
2022 2.4+19.6%
2021 2−6.1%
2020 2.1−9.0%
2019 2.3+5.1%
2018 2.2−3.8%
2017 2.3−1.1%
2016 2.3+5.6%
2015 2.2+2.2%
2014 2.1−0.9%
2013 2.2
Bank Interest Rate Spread in Norway, 2013–2024Line chart of 12 observations from 2013 to 2024. Values range from 2 to 2.9; the series starts at 2.2 in 2013 and ends at 2.9 in 2024.1.822.32.52.832013201620182020202220242.22.9
Fig. 1 — Bank Interest Rate Spread in Norway, 2013–2024

Frequently asked questions

What is the latest figure for bank interest rate spread in Norway?

The bank interest rate spread in Norway stood at 2.9 percentage points in 2024, according to World Bank World Development Indicators data.

Where does Norway rank globally on bank interest rate spread?

Norway ranks 20 of 105 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.

When did bank interest rate spread in Norway peak?

The highest value in the available series was 2.9 percentage points in 2023; the latest (2024) value is 2.9 percentage points.

Source: World Bank, World Development Indicators, indicator FR.INR.LNDP, retrieved .

Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.

Last updated .