GDP Deflator — Value Standard Local Currency, 2015 prices in Norway
Norway: GDP Deflator — Value Standard Local Currency, 2015 prices was 145.65 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Norway, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Norway recorded 145.65 SLC for gdp deflator — value standard local currency, 2015 prices in 2024.
That represents a change of down 0.2% on the previous year and up 41.6% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Norway peaked at 163.29 SLC in 2022 and was at its lowest, 10.95 SLC, in 1970.
That places Norway 74th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Norway, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 10.95 SLC | — |
| 1971 | 11.65 SLC | +6.4% |
| 1972 | 12.3 SLC | +5.5% |
| 1973 | 13.36 SLC | +8.7% |
| 1974 | 14.88 SLC | +11.4% |
| 1975 | 16.21 SLC | +8.9% |
| 1976 | 17.48 SLC | +7.8% |
| 1977 | 18.9 SLC | +8.2% |
| 1978 | 20.09 SLC | +6.3% |
| 1979 | 21.23 SLC | +5.7% |
| 1980 | 24.02 SLC | +13.1% |
| 1981 | 27.11 SLC | +12.9% |
| 1982 | 29.96 SLC | +10.5% |
| 1983 | 32.05 SLC | +7.0% |
| 1984 | 34.04 SLC | +6.2% |
| 1985 | 35.81 SLC | +5.2% |
| 1986 | 35.61 SLC | -0.6% |
| 1987 | 38.18 SLC | +7.2% |
| 1988 | 40.04 SLC | +4.9% |
| 1989 | 42.29 SLC | +5.6% |
| 1990 | 43.9 SLC | +3.8% |
| 1991 | 44.87 SLC | +2.2% |
| 1992 | 44.59 SLC | -0.6% |
| 1993 | 45.61 SLC | +2.3% |
| 1994 | 45.54 SLC | -0.2% |
| 1995 | 46.93 SLC | +3.1% |
| 1996 | 48.93 SLC | +4.3% |
| 1997 | 50.29 SLC | +2.8% |
| 1998 | 49.95 SLC | -0.7% |
| 1999 | 53.25 SLC | +6.6% |
| 2000 | 61.42 SLC | +15.3% |
| 2001 | 62.47 SLC | +1.7% |
| 2002 | 61.52 SLC | -1.5% |
| 2003 | 63.28 SLC | +2.9% |
| 2004 | 66.98 SLC | +5.9% |
| 2005 | 72.85 SLC | +8.8% |
| 2006 | 79.21 SLC | +8.7% |
| 2007 | 81.65 SLC | +3.1% |
| 2008 | 90.28 SLC | +10.6% |
| 2009 | 85.66 SLC | -5.1% |
| 2010 | 90.76 SLC | +6.0% |
| 2011 | 96.82 SLC | +6.7% |
| 2012 | 100.06 SLC | +3.4% |
| 2013 | 102.62 SLC | +2.6% |
| 2014 | 102.89 SLC | +0.3% |
| 2015 | 100 SLC | -2.8% |
| 2016 | 98.4 SLC | -1.6% |
| 2017 | 102.42 SLC | +4.1% |
| 2018 | 109.32 SLC | +6.7% |
| 2019 | 108.72 SLC | -0.5% |
| 2020 | 105.99 SLC | -2.5% |
| 2021 | 127.41 SLC | +20.2% |
| 2022 | 163.29 SLC | +28.2% |
| 2023 | 145.95 SLC | -10.6% |
| 2024 | 145.65 SLC | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.71 SLC | 10.95 SLC | 21.23 SLC | 10 |
| 1980s | 33.91 SLC | 24.02 SLC | 42.29 SLC | 10 |
| 1990s | 47.39 SLC | 43.9 SLC | 53.25 SLC | 10 |
| 2000s | 72.53 SLC | 61.42 SLC | 90.28 SLC | 10 |
| 2010s | 101.2 SLC | 90.76 SLC | 109.32 SLC | 10 |
| 2020s | 137.66 SLC | 105.99 SLC | 163.29 SLC | 5 |
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)
- Net primary income (Net income from abroad) (current LCU), annual 63.58 % change on previous year (2022)
- Taxes less subsidies on products (current US$), annual growth rate 6.46 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0885 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 8,374 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 2.99 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.9203 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 87,058 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0724 (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Norway?
- Gdp deflator — value standard local currency, 2015 prices in Norway was 145.65 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Norway?
- The highest recorded value was 163.29 SLC in 2022.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Norway?
- The lowest recorded value was 10.95 SLC in 1970.
- How does Norway rank for gdp deflator — value standard local currency, 2015 prices?
- Norway ranks 74th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Norway?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).