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 policy rate.
| Year | Policy rate | Reserve rate | Overnight lending rate |
|---|---|---|---|
| 2021 | 0.08 | -0.92 | 1.08 |
| 2020 | 0.36 | -0.64 | 1.36 |
| 2019 | 1.15 | 0.15 | 2.15 |
| 2018 | 0.57 | -0.43 | 1.57 |
| 2017 | 0.50 | -0.50 | 1.50 |
| 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 | 2.92 | |
| 2009 | 1.75 | 2.75 | |
| 2008 | 5.32 | 6.32 | |
| 2007 | 4.38 | 5.59 | |
| 2006 | 2.74 | 4.74 | |
| 2005 | 1.92 | 3.92 | |
| 2004 | 1.82 | 3.82 | |
| 2003 | 4.21 | 6.21 | |
| 2002 | 6.73 | 8.73 | |
| 2001 | 6.98 | 8.98 | |
| 2000 | 6.22 | 8.22 | |
| 1999 | 6.35 | 8.35 | |
| 1998 | 5.51 | 7.51 | |
| 1997 | 3.38 | 5.38 | |
| 1996 | 4.48 | 6.48 | |
| 1995 | 4.75 | 6.75 | |
| 1994 | 4.78 | 6.78 | |
| 1993 | 6.50 | 7.95 | |
| 1992 | 9.50 | 10.64 | |
| 1991 | 8.34 | 9.94 | |
| 1990 | 10.82 | ||
| 1989 | 10.60 | ||
| 1988 | 13.08 | ||
| 1987 | 13.90 | ||
| 1986 | 14.16 | ||
| 1985 | 11.36 | ||
| 1984 | 10.80 | ||
| 1983 | 10.06 | ||
| 1982 | 11.03 |