Cash usage in Norway falls to 4%

norges-bank2

Norway has the lowest volume of cash transactions globally, according to a new survey conducted by the country’s central bank.

Only 4% of payments are now made in cash across the Nordic nation, deputy governor Ida Wolden Bache said on November 5.

“This is about the same proportion as in the spring, and significantly lower than before the pandemic,” she said. “As far as we know, the proportion of cash payments in Norway is lower than in any other country.”

A decline in cash usage has spurred

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: