Economic Outlook No 117 — Headline inflation in Norway
Norway: Economic Outlook No 117 — Headline inflation was 2.25 in 2026. ◆ Volatile
Economic Outlook No 117 — Headline inflation in Norway, 1961–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Norway recorded 2.25 for economic outlook no 117 — headline inflation in 2026.
The figure is down 24.9% on the previous year and down 36.7% over ten years.
Over the whole period, economic outlook no 117 — headline inflation in Norway peaked at 13.64 in 1981 and was at its lowest, 0.465, in 2004.
That places Norway 19th out of 28 countries with data for 2026, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Headline inflation in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 2.16 | — |
| 1962 | 5.27 | +144.7% |
| 1963 | 2.47 | -53.1% |
| 1964 | 5.87 | +137.4% |
| 1965 | 4.19 | -28.6% |
| 1966 | 3.25 | -22.4% |
| 1967 | 4.58 | +40.9% |
| 1968 | 3.45 | -24.7% |
| 1969 | 2.96 | -14.1% |
| 1970 | 10.64 | +259.0% |
| 1971 | 6.22 | -41.5% |
| 1972 | 7.26 | +16.6% |
| 1973 | 7.42 | +2.2% |
| 1974 | 9.41 | +26.9% |
| 1975 | 11.69 | +24.2% |
| 1976 | 9.16 | -21.6% |
| 1977 | 9.1 | -0.6% |
| 1978 | 8.16 | -10.3% |
| 1979 | 4.51 | -44.7% |
| 1980 | 10.88 | +141.2% |
| 1981 | 13.64 | +25.4% |
| 1982 | 11.34 | -16.9% |
| 1983 | 8.47 | -25.4% |
| 1984 | 6.22 | -26.5% |
| 1985 | 5.71 | -8.1% |
| 1986 | 7.16 | +25.3% |
| 1987 | 8.76 | +22.3% |
| 1988 | 6.68 | -23.7% |
| 1989 | 4.56 | -31.7% |
| 1990 | 4.1 | -10.1% |
| 1991 | 3.44 | -16.2% |
| 1992 | 2.34 | -31.9% |
| 1993 | 2.28 | -2.8% |
| 1994 | 1.4 | -38.4% |
| 1995 | 2.46 | +75.5% |
| 1996 | 1.24 | -49.7% |
| 1997 | 2.58 | +108.4% |
| 1998 | 2.26 | -12.2% |
| 1999 | 2.37 | +4.5% |
| 2000 | 3.05 | +29.0% |
| 2001 | 3.03 | -0.8% |
| 2002 | 1.3 | -57.1% |
| 2003 | 2.45 | +88.5% |
| 2004 | 0.465 | -81.0% |
| 2005 | 1.52 | +227.4% |
| 2006 | 2.36 | +55.1% |
| 2007 | 0.7225 | -69.4% |
| 2008 | 3.77 | +422.3% |
| 2009 | 2.17 | -42.5% |
| 2010 | 2.42 | +11.6% |
| 2011 | 1.28 | -46.9% |
| 2012 | 0.679 | -47.2% |
| 2013 | 2.11 | +211.0% |
| 2014 | 2.07 | -2.1% |
| 2015 | 2.17 | +5.0% |
| 2016 | 3.56 | +63.9% |
| 2017 | 1.87 | -47.3% |
| 2018 | 2.73 | +45.3% |
| 2019 | 2.19 | -19.6% |
| 2020 | 1.3 | -40.6% |
| 2021 | 3.48 | +167.6% |
| 2022 | 5.75 | +65.0% |
| 2023 | 5.53 | -3.9% |
| 2024 | 3.15 | -43.0% |
| 2025 | 3 | -4.8% |
| 2026 | 2.25 | -24.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.8 | 2.16 | 5.87 | 9 |
| 1970s | 8.36 | 4.51 | 11.69 | 10 |
| 1980s | 8.34 | 4.56 | 13.64 | 10 |
| 1990s | 2.45 | 1.24 | 4.1 | 10 |
| 2000s | 2.08 | 0.465 | 3.77 | 10 |
| 2010s | 2.11 | 0.679 | 3.56 | 10 |
| 2020s | 3.5 | 1.3 | 5.75 | 7 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- GDP (current US$), annual growth rate 5.96 % change on previous year (2025)
- GDP (current US$), per capita 94,594 current US$ per person (2025)
- GDP (current LCU), annual growth rate 2.51 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 10.4 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 983,386 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.886 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 83,813 constant 2015 US$ per person (2025)
Frequently asked questions
- What is economic outlook no 117 — headline inflation in Norway?
- Economic outlook no 117 — headline inflation in Norway was 2.25 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — headline inflation recorded in Norway?
- The highest recorded value was 13.64 in 1981.
- What is the lowest economic outlook no 117 — headline inflation recorded in Norway?
- The lowest recorded value was 0.465 in 2004.
- How does Norway rank for economic outlook no 117 — headline inflation?
- Norway ranks 19th out of 28 countries with data for 2026.
- Is economic outlook no 117 — headline inflation rising or falling in Norway?
- Over the last ten years it is down 36.7%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Headline inflation. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP