DEC alternative conversion factor in Norway
Norway: DEC alternative conversion factor was 10.4 LCU per US$ in 2025. ▲ Rising
DEC alternative conversion factor in Norway, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
The most recent figure for dec alternative conversion factor in Norway is 10.4 LCU per US$, measured in 2025.
Compared with earlier readings it is down 3.3% on the previous year and up 28.9% over ten years.
Over the whole period, dec alternative conversion factor in Norway peaked at 10.75 LCU per US$ in 2024 and was at its lowest, 4.94 LCU per US$, in 1980.
Norway ranks 106th of 214 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.22 LCU per US$ | 7.14 LCU per US$ | 7.29 LCU per US$ | 10 |
| 1970s | 5.84 LCU per US$ | 5.06 LCU per US$ | 7.14 LCU per US$ | 10 |
| 1980s | 6.87 LCU per US$ | 4.94 LCU per US$ | 8.6 LCU per US$ | 10 |
| 1990s | 6.83 LCU per US$ | 6.21 LCU per US$ | 7.8 LCU per US$ | 10 |
| 2000s | 7.02 LCU per US$ | 5.64 LCU per US$ | 8.99 LCU per US$ | 10 |
| 2010s | 7.13 LCU per US$ | 5.6 LCU per US$ | 8.8 LCU per US$ | 10 |
| 2020s | 9.89 LCU per US$ | 8.59 LCU per US$ | 10.75 LCU per US$ | 6 |
Countries ranked near Norway
More economy & growth data for Norway
- External balance on goods and services as a percent of GDP 11.7% (2025)
- Inflation of consumer prices 3.1% (2025)
- GDP per capita 83,813 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.1% (2025)
- Gross domestic product (GDP) 470.26 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 83,813 constant 2015 US$ (2025)
- Net secondary income (Net current transfers from abroad) -56.92 billion current LCU (2022)
- Net secondary income (Net current transfers from abroad) -5.92 billion current US$ (2022)
- Taxes less subsidies on products 488.47 billion current LCU (2025)
- Taxes less subsidies on products 46.99 billion current US$ (2025)
Frequently asked questions
- What is dec alternative conversion factor in Norway?
- Dec alternative conversion factor in Norway was 10.4 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in Norway?
- The highest recorded value was 10.75 LCU per US$ in 2024.
- What is the lowest dec alternative conversion factor recorded in Norway?
- The lowest recorded value was 4.94 LCU per US$ in 1980.
- How does Norway rank for dec alternative conversion factor?
- Norway ranks 106th out of 214 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in Norway?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
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About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.