Norway: Business credit interest rate
* indicates monthly or quarterly data series
The most recent value is 6.39 percent as of May 2026, an increase compared to the previous value of 6.3 percent. Historically, the average for Norway from December 2013 to May 2026 is 4.23 percent. The minimum of 2.45 percent was recorded in July 2021, while the maximum of 6.89 percent was reached in March 2024.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics Norway
| Recent values | Norway: Business credit interest rate, percent |
|---|---|
| 2026 May | 6.39 |
| 2026 Apr | 6.3 |
| 2026 Mar | 6.22 |
| 2026 Feb | 6.19 |
| 2026 Jan | 6.2 |
| 2025 Dec | 6.21 |
| 2025 Nov | 6.29 |
| 2025 Oct | 6.32 |
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Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.1 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 9.7027 | 7/2026 | Local Currency Units per USD |
| Money supply (broad money) | 3,642.36 | 6/2026 | billion |
| Consumer Price Index (CPI) | 102.7500 | 6/2026 | index points |
| Inflation, monthly | -0.22 | 6/2026 | percent |
| Inflation, annual | 2.65 | 6/2026 | percent |
| Food and beverages inflation | 2.30 | 6/2026 | percent |
| Alcohol and tobacco inflation | 2.81 | 6/2026 | percent |
| Energy price inflation | -0.61 | 6/2026 | percent |
| Transport services inflation | 2.65 | 7/2026 | percent |
| Services inflation | 3.30 | 4/2026 | percent |
| Information and communication inflation | 1.40 | 7/2026 | percent |
| Restaurant and accommodation services inflation | 5.66 | 7/2026 | percent |
| Health care inflation | 4.38 | 7/2026 | percent |
| Education services inflation | 2.42 | 7/2026 | percent |
| Clothing and footwear inflation | 2.89 | 7/2026 | percent |
| Housing inflation | 3.70 | 7/2026 | percent |
| Private sector credit | 5,986.60 | 5/2026 | billion |
| Business credit | 1,818.12 | 5/2026 | billion |
| Household credit | 4,168.49 | 5/2026 | billion |
| Mortgage credit | 3,138.79 | 5/2026 | billion |
| Consumer credit | 1,029.70 | 5/2026 | billion |
| Deposit interest rate | 4.46 | 5/2026 | percent |
| Business credit interest rate | 6.39 | 5/2026 | percent |
| Mortgage credit interest rate | 5.08 | 5/2026 | percent |
| Policy rate | 4.25 | 6/2026 | percent |
| Household debt to GDP | 87.30 | 12/2025 | percent |
| Debt service ratios for private non-financial sector | 28.10 | Q4/2025 | percent |
| Bank deposits, total | 3,221.44 | 5/2026 | billion local currency units |