Home > Salary > Norway > Credit Analyst
A credit analyst is responsible for evaluating the creditworthiness of individuals, businesses, or organizations to determine their ability to repay loans and manage financial obligations. They analyze financial statements, credit reports, and other relevant data to assess the risk associated with extending credit. Credit analysts also review loan applications, assess collateral, and make recommendations on credit limits and terms. They work closely with lenders, clients, and other stakeholders to gather necessary information and ensure compliance with lending policies and regulations. Additionally, credit analysts monitor and track loan performance, identify potential risks, and propose strategies to mitigate them.
Estimated Yearly Salary: 1,122,015 NOK
Estimated Monthly Salary: 93,501 NOK
Estimated Weekly Salary: 21,577 NOK per week
Estimated Hourly Salary: 539 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 90,659 NOK
Estimated Weekly Salary: 20,921 NOK per week
Estimated Hourly Salary: 523 NOK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 102,084 USD
Estimated Monthly Salary: 8,507 USD
Estimated Weekly Salary: 1,963 USD per week
Estimated Hourly Salary: 49 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,122,015 NOK
Estimated Monthly Salary: 93,501 NOK
Estimated Weekly Salary: 21,577 NOK per week
Estimated Hourly Salary: 539 NOK per hour
By working as Credit Analyst a person can save up to 4,687 USD per month or 56,239 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Estimated Yearly Salary for Credit Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Credit Analyst salary in Norway
Average Yearly Salary of Credit Analyst in Norway is approximately 1,122,015 NOK (102,084 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Credit Analyst do?
A credit analyst is responsible for evaluating the creditworthiness of individuals, businesses, or organizations to determine their ability to repay loans and manage financial obligations. They analyze financial statements, credit reports, and other relevant data to assess the risk associated with extending credit. Credit analysts also review loan applications, assess collateral, and make recommendations on credit limits and terms. They work closely with lenders, clients, and other stakeholders to gather necessary information and ensure compliance with lending policies and regulations. Additionally, credit analysts monitor and track loan performance, identify potential risks, and propose strategies to mitigate them.
Skills: credit analyst, financial analysis, risk assessment, lending, creditworthiness, loan evaluation
Job industry: Finance
Job industry: Finance
How much does Credit Analyst make?
Salary details
How much does Credit Analyst make?Estimated Yearly Salary: 1,122,015 NOK
Estimated Monthly Salary: 93,501 NOK
Estimated Weekly Salary: 21,577 NOK per week
Estimated Hourly Salary: 539 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,087,911 NOKEstimated Monthly Salary: 90,659 NOK
Estimated Weekly Salary: 20,921 NOK per week
Estimated Hourly Salary: 523 NOK per hour
Last revision of data: 2024-01-08Credit Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 102,084 USD
Estimated Monthly Salary: 8,507 USD
Estimated Weekly Salary: 1,963 USD per week
Estimated Hourly Salary: 49 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Credit Analyst job salary compared to average salary in Norway.
Comparison shows that a person working as Credit Analyst in Norway earns on average:
1.15 times the average salary (or 115% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Credit Analyst job salary compared to average salary in Norway.
Comparison shows that a person working as Credit Analyst in Norway earns on average:
1.15 times the average salary (or 115% of average salary).
Is Credit Analyst a well paid job?
Yes, our data show that Credit Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Credit Analyst?
High salary for Credit Analyst would be somewhere between 1,234,217 NOK and 1,626,922 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Analyst in Norway?
Living in Norway the approximate monthly expenses are: 3,820 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,122,015 NOK
Estimated Monthly Salary: 93,501 NOK
Estimated Weekly Salary: 21,577 NOK per week
Estimated Hourly Salary: 539 NOK per hour
By working as Credit Analyst a person can save up to 4,687 USD per month or 56,239 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Credit Analyst
Sweden is 67,655 USD
Finland is 58,388 USD
Russia is 13,758 USD
Denmark is 78,664 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Test engineering manager (2,370,489 NOK per year, pre-tax.)
Activity director therapeutic (674,177 NOK per year, pre-tax.)
Quantitative analyst risk (1,338,167 NOK per year, pre-tax.)
Logistics engineer (1,221,339 NOK per year, pre-tax.)
Licensed nursing home administrator (1,775,004 NOK per year, pre-tax.)
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