Key policy rate annual average

Annual average of daily observations.

Up to summer 1993 the interest rate on bank's overnight loans (D-loans) was Norges Bank's key rate.

Key policy rate Reserve rate Overnight lending rate
2016 0.55 -0.45 1.55
2015 1.05 0.05 2.05
2014 1.49 0.49 2.49
2013 1.50 0.50 2.50
2012 1.55 0.55 2.55
2011 2.14 1.16 3.14
2010 1.92 NA 2.92
2009 1.75 NA 2.75
2008 5.32 NA 6.32
2007 4.38 NA 5.59
2006 2.74 NA 4.74
2005 1.92 NA 3.92
2004 1.82 NA 3.82
2003 4.21 NA 6.21
2002 6.73 NA 8.73
2001 6.98 NA 8.98
2000 6.22 NA 8.22
1999 6.35 NA 8.35
1998 5.51 NA 7.51
1997 3.38 NA 5.38
1996 4.48 NA 6.48
1995 4.75 NA 6.75
1994 4.78 NA 6.78
1993 6.50 NA 7.95
1992 9.50 NA 10.64
1991 8.34 NA 9.94
1990 NA NA 10.82
1989 NA NA 10.60
1988 NA NA 13.08
1987 NA NA 13.90
1986 NA NA 14.16
1985 NA NA 11.36
1984 NA NA 10.80
1983 NA NA 10.06

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