Norway - Real Interest Rate 2020
5.35%
+1.54pp from 2019
Norway's real interest rate was 5.35% in 2020, increased +1.54pp from 3.81% in 2019. This was the 48th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -80.61% | -5.2% |
| 2nd | Suriname | -20.95% | -325.2% |
| 3rd | Argentina | -7.64% | -163.1% |
| 4th | Hungary | -4.20% | -48.6% |
| 5th | Zambia | -3.89% | -257.6% |
| 6th | Haiti | -3.41% | 28.0% |
| 7th | Burundi | -3.15% | -122.2% |
| 8th | Belarus | -2.54% | -718.6% |
| 9th | Czechia | -1.12% | -649.8% |
| 10th | Bulgaria | -0.01% | 98.2% |
| 11th | Burkina Faso | 0.07% | -98.9% |
| 12th | Uruguay | 0.46% | -85.0% |
| 13th | Italy | 0.74% | -52.0% |
| 14th | Pakistan | 0.74% | -74.8% |
| 15th | Korea | 1.20% | -70.8% |
| 16th | Botswana | 1.31% | -77.6% |
| 17th | Iceland | 1.36% | -32.6% |
| 18th | Mexico | 1.65% | -58.2% |
| 19th | Nigeria | 2.15% | 108.3% |
| 20th | South Africa | 2.20% | -58.3% |
| 21st | Israel | 2.23% | 40.4% |
| 22nd | Lesotho | 2.28% | -69.6% |
| 23rd | Romania | 2.29% | 1,156.4% |
| 24th | Moldova | 2.47% | -10.3% |
| 25th | Eswatini | 2.66% | -66.8% |
| 26th | United States | 2.85% | -23.5% |
| 27th | Bosnia and Herzegovina | 3.01% | 278.5% |
| 28th | Namibia | 3.09% | -65.1% |
| 29th | Angola | 3.10% | 750.3% |
| 30th | West Bank and Gaza | 3.22% | 60.8% |
| 31st | Switzerland | 3.36% | 22.6% |
| 32nd | San Marino | 3.38% | 11.0% |
| 33rd | Benin | 3.56% | -50.0% |
| 34th | Ukraine | 3.62% | -66.1% |
| 35th | North Macedonia | 3.77% | -19.9% |
| 36th | China | 3.80% | 26.9% |
| 37th | Sierra Leone | 4.12% | -43.8% |
| 38th | India | 4.14% | -40.0% |
| 39th | Bangladesh | 4.29% | -24.6% |
| 40th | Hong Kong SAR, China | 4.33% | 44.6% |
| 41st | Mauritius | 4.60% | -49.0% |
| 42nd | Nicaragua | 4.60% | -31.3% |
| 43rd | Georgia | 4.64% | -29.3% |
| 44th | Thailand | 4.65% | 53.1% |
| 45th | Malaysia | 4.80% | 0.0% |
| 46th | Egypt, Arab Republic of | 4.89% | 122.3% |
| 47th | Dominican Republic | 5.24% | -39.0% |
| 48th | Norway | 5.35% | 40.6% |
| 49th | Barbados | 5.45% | -0.7% |
| 50th | Macao SAR, China | 5.54% | 91.8% |
| 51st | Costa Rica | 5.82% | -3.4% |
| 52nd | Russian Federation | 5.83% | 9.6% |
| 53rd | Papua New Guinea | 5.97% | -20.5% |
| 54th | Seychelles | 6.06% | -51.4% |
| 55th | Albania | 6.08% | 16.4% |
| 56th | Viet Nam | 6.09% | 18.1% |
| 57th | Montenegro | 6.40% | 55.7% |
| 58th | Kenya | 6.71% | -14.3% |
| 59th | Bahamas, The | 6.73% | 3,666.7% |
| 60th | Vanuatu | 6.79% | 3.6% |
| 61st | Antigua and Barbuda | 6.85% | -12.7% |
| 62nd | Grenada | 7.15% | 74.2% |
| 63rd | Comoros | 7.29% | 26.7% |
| 64th | Samoa | 7.39% | 1.0% |
| 65th | Panama | 7.54% | 15.7% |
| 66th | Cabo Verde | 7.80% | -7.0% |
| 67th | Singapore | 7.83% | 37.4% |
| 68th | Tonga | 7.84% | 429.6% |
| 69th | Colombia | 8.25% | 10.4% |
| 70th | Jordan | 8.25% | 6.4% |
| 71st | Bhutan | 8.28% | -21.7% |
| 72nd | São Tomé and Principe | 8.75% | 24.8% |
| 73rd | St. Vincent and the Grenadines | 8.87% | 49.3% |
| 74th | Bolivia, Plurinational State of | 8.87% | 3.3% |
| 75th | Peru | 8.89% | -27.6% |
| 76th | Myanmar | 9.01% | -10.2% |
| 77th | Rwanda | 9.03% | -34.2% |
| 78th | Jamaica | 9.19% | -9.0% |
| 79th | Trinidad and Tobago | 9.29% | -22.1% |
| 80th | Belize | 9.37% | 2.3% |
| 81st | Guatemala | 9.38% | 5.9% |
| 82nd | Tanzania | 9.64% | -32.9% |
| 83rd | Armenia | 9.64% | -12.0% |
| 84th | Dominica | 9.75% | 8.3% |
| 85th | Indonesia | 9.99% | 15.7% |
| 86th | Aruba | 10.06% | 112.1% |
| 87th | Uzbekistan | 10.61% | 106.8% |
| 88th | Fiji | 10.75% | 69.1% |
| 89th | Paraguay | 11.09% | -8.0% |
| 90th | Kyrgyz Republic | 11.10% | 32.7% |
| 91st | Solomon Islands | 12.17% | 31.7% |
| 92nd | Mongolia | 12.75% | 99.6% |
| 93rd | Honduras | 13.16% | -2.7% |
| 94th | St. Lucia | 13.25% | 154.2% |
| 95th | Algeria | 13.34% | 89.1% |
| 96th | Congo, Democratic Republic of | 13.36% | -46.5% |
| 97th | Mozambique | 13.48% | -1.2% |
| 98th | St. Kitts and Nevis | 14.28% | 66.9% |
| 99th | South Sudan | 14.55% | 158.0% |
| 100th | Maldives | 15.49% | 22.8% |
| 101st | Malawi | 16.94% | 1.7% |
| 102nd | Oman | 18.21% | 119.4% |
| 103rd | Brunei Darussalam | 18.36% | 100.9% |
| 104th | Micronesia, Federated States of | 18.92% | 0.8% |
| 105th | Brazil | 21.20% | -33.6% |
| 106th | Qatar | 22.60% | 127.4% |
| 107th | Kuwait | 24.66% | 400.4% |
| 108th | Gambia, The | 25.26% | 23.4% |
| 109th | Azerbaijan | 26.67% | 52.0% |
| 110th | Timor-Leste | 41.29% | 325.8% |
| 111th | Madagascar | 42.71% | 7.1% |
| 112th | Guyana | 48.52% | 564.5% |
FAQ
What was Norway's real interest rate in 2020?▾
Norway's real interest rate in 2020 was 5.35%. This ranked 48th globally.
How did Norway's real interest rate change in 2020?▾
Norway's real interest rate increased by 40.6% in 2020 compared to 2019.
Which country had the highest real interest rate in 2020?▾
Guyana had the highest real interest rate in 2020 at 48.52%.
What is the real interest rate of Norway in 2020?▾
The real interest rate of Norway in 2020 was 5.35%. This ranked 48th globally.
How does 2020 compare to 2019 for Norway's real interest rate?▾
Norway's real interest rate went from 3.81% in 2019 to 5.35% in 2020, a 40.6% increase.
Related
2019
2021
All years
Full ranking 2020
Lending Rate
Deposit Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 2023
Lowest: 2022
Real Interest Rate 1990s
Real Interest Rate 2000s
Real Interest Rate 2010s
Real Interest Rate 2020s
Highest ever
Lowest ever
Average
vs United States
vs Singapore
vs Isle of Man
vs Iceland
NATO Real Interest Rate
OECD Real Interest Rate
Global Ranking