Norway - Lending Rate 2024
6.15%
+0.84pp from 2023
Norway's lending rate was 6.15% in 2024, increased +0.84pp from 5.31% in 2023. This was the 19th highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Switzerland | 2.98% | 3.9% |
| 2nd | Thailand | 4.17% | -2.7% |
| 3rd | Bahamas, The | 4.25% | 0.0% |
| 4th | China | 4.35% | 0.0% |
| 5th | Bosnia and Herzegovina | 4.45% | 8.2% |
| 6th | Bulgaria | 4.61% | 3.9% |
| 7th | Fiji | 4.61% | -7.2% |
| 8th | Czechia | 4.71% | 0.7% |
| 9th | Korea | 4.73% | -8.9% |
| 10th | Kuwait | 5.17% | 4.9% |
| 11th | Italy | 5.25% | 7.4% |
| 12th | Malaysia | 5.28% | -0.7% |
| 13th | San Marino | 5.49% | -2.5% |
| 14th | Brunei Darussalam | 5.50% | 0.0% |
| 15th | Hong Kong SAR, China | 5.74% | -0.5% |
| 16th | Dominica | 5.83% | -1.7% |
| 17th | North Macedonia | 5.85% | 7.5% |
| 18th | Macao SAR, China | 6.02% | 0.1% |
| 19th | Norway | 6.15% | 15.8% |
| 20th | Qatar | 6.18% | -4.2% |
| 21st | Botswana | 6.26% | -7.1% |
| 22nd | St. Lucia | 6.29% | -1.8% |
| 23rd | Albania | 6.44% | 1.4% |
| 24th | St. Kitts and Nevis | 6.46% | -3.1% |
| 25th | Antigua and Barbuda | 6.53% | -2.8% |
| 26th | Montenegro | 6.60% | 4.0% |
| 27th | Grenada | 6.89% | -0.6% |
| 28th | St. Vincent and the Grenadines | 7.10% | -0.9% |
| 29th | Costa Rica | 7.33% | -19.4% |
| 30th | Trinidad and Tobago | 7.50% | -0.3% |
| 31st | Tonga | 7.76% | 0.3% |
| 32nd | Cabo Verde | 7.79% | 3.5% |
| 33rd | Algeria | 8.00% | 0.0% |
| 34th | Guyana | 8.38% | 0.0% |
| 35th | Belize | 8.42% | -0.2% |
| 36th | Samoa | 8.43% | 1.3% |
| 37th | Jordan | 8.48% | -5.3% |
| 38th | Vanuatu | 8.64% | -3.3% |
| 39th | Romania | 8.76% | -6.0% |
| 40th | Indonesia | 8.80% | -1.5% |
| 41st | Moldova | 8.91% | -27.8% |
| 42nd | Hungary | 9.13% | -40.4% |
| 43rd | Mauritius | 9.38% | -1.3% |
| 44th | Seychelles | 9.81% | 2.9% |
| 45th | Bangladesh | 9.85% | 30.2% |
| 46th | Uruguay | 9.91% | -16.7% |
| 47th | Belarus | 9.99% | 0.3% |
| 48th | Bhutan | 10.54% | -14.1% |
| 49th | Timor-Leste | 10.61% | -1.1% |
| 50th | Eswatini | 10.88% | 0.4% |
| 51st | Namibia | 10.96% | 0.3% |
| 52nd | Lesotho | 11.21% | 1.1% |
| 53rd | Mexico | 11.22% | -3.2% |
| 54th | Nicaragua | 11.24% | 18.5% |
| 55th | Maldives | 11.55% | -1.1% |
| 56th | South Africa | 11.63% | 1.1% |
| 57th | Jamaica | 12.00% | 3.0% |
| 58th | Georgia | 12.03% | -10.9% |
| 59th | Guatemala | 12.40% | 3.6% |
| 60th | Iceland | 12.46% | 8.0% |
| 61st | Armenia | 13.15% | 6.2% |
| 62nd | Azerbaijan | 14.67% | 5.1% |
| 63rd | South Sudan | 14.68% | -10.3% |
| 64th | Suriname | 14.80% | 4.4% |
| 65th | Dominican Republic | 15.25% | 5.7% |
| 66th | Honduras | 16.00% | 11.1% |
| 67th | Rwanda | 16.02% | -0.3% |
| 68th | Colombia | 16.37% | -22.1% |
| 69th | Angola | 19.40% | 14.6% |
| 70th | Ukraine | 19.59% | -11.4% |
| 71st | Kyrgyz Republic | 19.78% | 3.5% |
| 72nd | Sierra Leone | 20.44% | 4.1% |
| 73rd | Mozambique | 21.73% | -8.3% |
| 74th | Uzbekistan | 23.13% | 4.4% |
| 75th | Egypt, Arab Republic of | 24.29% | 36.8% |
| 76th | Malawi | 37.06% | 10.5% |
| 77th | Brazil | 40.23% | -7.7% |
| 78th | Argentina | 61.71% | -35.7% |
FAQ
What was Norway's lending rate in 2024?▾
Norway's lending rate in 2024 was 6.15%. This ranked 19th globally.
How did Norway's lending rate change in 2024?▾
Norway's lending rate increased by 15.8% in 2024 compared to 2023.
Which country had the highest lending rate in 2024?▾
Argentina had the highest lending rate in 2024 at 61.71%.
What is the lending rate of Norway in 2024?▾
The lending rate of Norway in 2024 was 6.15%. This ranked 19th globally.
How does 2024 compare to 2023 for Norway's lending rate?▾
Norway's lending rate went from 5.31% in 2023 to 6.15% in 2024, a 15.8% increase.
Related
2023
2025
All years
Full ranking 2024
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 2025
Lowest: 2021
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
Highest ever
Lowest ever
Average
vs United States
vs Singapore
vs Isle of Man
vs Iceland
NATO Lending Rate
OECD Lending Rate
Global Ranking