Deposit Interest Rates Statistics in Norway (2026)
Norway recorded the average deposit interest rate of 3.3% in 2024, World Bank World Development Indicators data show. Up from 2.4% in 2023 to 3.3% in 2024 (+0.9 percentage points). Norway ranks #12 of 21 economies in Europe & Central Asia on this measure, and #62 of 113 globally.
Key Statistics
- Latest value (2024)
- 3.3% (2024)
- Deposit Interest Rates in Norway as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +0.9 pp (2024)
- Up from 2.4% in 2023 to 3.3% in 2024 (+0.9 percentage points).
- Earliest value in this dataset (2013)
- 2.2% (2013)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 2.2% in 2013 to 3.3% in 2024.
- Record high (2024)
- 3.3% (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Norway.
- Rank in Europe & Central Asia
- #12 of 21 (2024)
- Norway ranks 12 of 21 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #62 of 113 (2024)
- Norway ranks 62 of 113 countries with data globally.
- Europe & Central Asia average
- 8.4% (2024)
- Norway (3.3%) is below the average of 8.4% across the 21 countries in Europe & Central Asia with data.
- Interest rate spread (lending rate minus deposit rate, %) (2024)
- 2.9% (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.
Trend, 2013–2024
| Year | % | Change |
|---|---|---|
| 2024 | 3.3% | +0.9 pp |
| 2023 | 2.4% | +1.5 pp |
| 2022 | 0.9% | +0.6 pp |
| 2021 | 0.3% | −0.3 pp |
| 2020 | 0.6% | −0.3 pp |
| 2019 | 0.9% | +0.2 pp |
| 2018 | 0.7% | +0.0 pp |
| 2017 | 0.7% | −0.0 pp |
| 2016 | 0.8% | −0.6 pp |
| 2015 | 1.3% | −0.8 pp |
| 2014 | 2.1% | −0.1 pp |
| 2013 | 2.2% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in Norway?
The average deposit interest rate in Norway stood at 3.3% in 2024, according to World Bank World Development Indicators data.
Where does the deposit interest rates data for Norway come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.DPST). The latest observation for Norway is from 2024; the snapshot was retrieved on 2026-06-10.
How has deposit interest rates in Norway changed over time?
World Bank World Development Indicators data show a rise from 2.2% in 2013 to 3.3% in 2024.
How does Norway compare with other countries in Europe & Central Asia?
Norway ranks 12 of 21 countries in Europe & Central Asia with data, with 3.3% versus a regional average of 8.4% (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.DPST, 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 .