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Cost of moneyNorway

Deposit rate in Norway

What does parked money earn there?

Norway's deposit rate is 3.21 % — #44 of 70 countries on the atlas (higher is better). Period 2025.

3.21%

Checked 23 Sept 2026Period 2025

Source: IMF International Financial Statistics

Deposit rate in Norway over time

3.26 %1.78 %0.30 %3.26 % · 20240.30 % · 20212013: 2.19 %2014: 2.07 %2015: 1.31 %2016: 0.76 %2017: 0.72 %2018: 0.73 %2019: 0.93 %2020: 0.60 %2021: 0.30 %2022: 0.88 %2023: 2.39 %2024: 3.26 %2025: 3.21 %2013201920253.21 %
13 official observations, 2013 → 2025. Every point is a published value — never interpolated.
Rank
#44 of 70
higher is better
Ranked behind
37 %
26 of 70 countries
Latest move
▼ 0.05 pp
since 2024
Below its peak
0.05 pp
peak 3.26 % in 2024
Full series
▲ 1.02 pp
since 2013

In Europe: #7 of 12vs median 4.96 %: −1.75 pp (worse)

Among 70 countries

10 of 70 countries between 0.14 % and 0.93 %6 of 70 countries between 0.93 % and 1.73 %6 of 70 countries between 1.73 % and 2.52 %5 of 70 countries between 2.52 % and 3.31 %3 of 70 countries between 3.31 % and 4.10 %5 of 70 countries between 4.10 % and 4.89 %6 of 70 countries between 4.89 % and 5.69 %5 of 70 countries between 5.69 % and 6.48 %3 of 70 countries between 6.48 % and 7.27 %5 of 70 countries between 7.27 % and 8.06 %3 of 70 countries between 8.86 % and 9.65 %3 of 70 countries between 9.65 % and 10.44 %2 of 70 countries between 10.44 % and 11.24 %2 of 70 countries between 11.24 % and 12.03 %2 of 70 countries between 12.03 % and 12.82 %1 of 70 countries between 14.41 % and 15.20 %3 of 70 countries between 18.37 % and 19.16 %median 4.82 %Norway: ahead of 37 % of the 70 countries with a published deposit rateNorway 3.21 %0.14 %19.16 %
Half of all 70 countries sit between 1.89 % and 7.70 %. Norway is ahead of 37 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryDeposit ratevs Norway
42 Bolivia3.92 %+0.71 pp
43 Costa Rica3.44 %+0.23 pp
44 Norway3.21 %—
45 South Korea2.73 %−0.48 pp
46 Morocco2.68 %−0.53 pp

Bank deposit rate, IMF-harmonised — what parked money earns.

How to read this figure

The IMF-harmonised deposit rate — what banks pay on deposits. Compare it with inflation: a deposit rate below inflation means parked money loses purchasing power even inside the bank. Same harmonisation trade-off as the lending rate.

Next, about Norway

Savings vs inflationInflation rateLending rate
Deposit rate, all countries ranked →Compare Norway with another country →Everything about Norway →
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