GDP Deflator — Value US$, 2015 prices in Norway
Norway: GDP Deflator — Value US$, 2015 prices was 109.31 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Norway, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Norway recorded 109.31 USD for gdp deflator — value us$, 2015 prices in 2024.
Compared with earlier readings it is down 1.9% on the previous year and down 17.0% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Norway peaked at 140.86 USD in 2013 and was at its lowest, 12.37 USD, in 1970.
Norway ranks 149th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Norway, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 12.37 USD | — |
| 1971 | 13.32 USD | +7.7% |
| 1972 | 15.05 USD | +13.0% |
| 1973 | 18.69 USD | +24.2% |
| 1974 | 21.67 USD | +15.9% |
| 1975 | 25 USD | +15.4% |
| 1976 | 25.83 USD | +3.3% |
| 1977 | 28.64 USD | +10.9% |
| 1978 | 30.9 USD | +7.9% |
| 1979 | 33.81 USD | +9.4% |
| 1980 | 39.22 USD | +16.0% |
| 1981 | 38.1 USD | -2.9% |
| 1982 | 37.44 USD | -1.7% |
| 1983 | 35.42 USD | -5.4% |
| 1984 | 33.63 USD | -5.0% |
| 1985 | 33.59 USD | -0.1% |
| 1986 | 38.84 USD | +15.6% |
| 1987 | 45.7 USD | +17.7% |
| 1988 | 49.55 USD | +8.4% |
| 1989 | 49.39 USD | -0.3% |
| 1990 | 56.56 USD | +14.5% |
| 1991 | 55.82 USD | -1.3% |
| 1992 | 57.86 USD | +3.7% |
| 1993 | 51.84 USD | -10.4% |
| 1994 | 52.03 USD | +0.4% |
| 1995 | 59.74 USD | +14.8% |
| 1996 | 61.18 USD | +2.4% |
| 1997 | 57.34 USD | -6.3% |
| 1998 | 53.38 USD | -6.9% |
| 1999 | 55.06 USD | +3.1% |
| 2000 | 56.27 USD | +2.2% |
| 2001 | 56.03 USD | -0.4% |
| 2002 | 62.14 USD | +10.9% |
| 2003 | 72.08 USD | +16.0% |
| 2004 | 80.13 USD | +11.2% |
| 2005 | 91.19 USD | +13.8% |
| 2006 | 99.6 USD | +9.2% |
| 2007 | 112.33 USD | +12.8% |
| 2008 | 129.08 USD | +14.9% |
| 2009 | 109.85 USD | -14.9% |
| 2010 | 121.1 USD | +10.2% |
| 2011 | 139.31 USD | +15.0% |
| 2012 | 138.71 USD | -0.4% |
| 2013 | 140.86 USD | +1.5% |
| 2014 | 131.66 USD | -6.5% |
| 2015 | 100 USD | -24.0% |
| 2016 | 94.47 USD | -5.5% |
| 2017 | 99.85 USD | +5.7% |
| 2018 | 108.41 USD | +8.6% |
| 2019 | 99.63 USD | -8.1% |
| 2020 | 90.77 USD | -8.9% |
| 2021 | 119.61 USD | +31.8% |
| 2022 | 136.97 USD | +14.5% |
| 2023 | 111.42 USD | -18.7% |
| 2024 | 109.31 USD | -1.9% |
Norway compared with similar countries
- Norway's 109.31 USD is below the median for high income countries, which is 121.8 USD, 90% of the median. (68 countries reporting)
- Norway's 109.31 USD is below the median for Europe & Central Asia, which is 125.65 USD, 87% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.53 USD | 12.37 USD | 33.81 USD | 10 |
| 1980s | 40.09 USD | 33.59 USD | 49.55 USD | 10 |
| 1990s | 56.08 USD | 51.84 USD | 61.18 USD | 10 |
| 2000s | 86.87 USD | 56.03 USD | 129.08 USD | 10 |
| 2010s | 117.4 USD | 94.47 USD | 140.86 USD | 10 |
| 2020s | 113.62 USD | 90.77 USD | 136.97 USD | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Norway?
- Gdp deflator — value us$, 2015 prices in Norway was 109.31 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Norway?
- The highest recorded value was 140.86 USD in 2013.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Norway?
- The lowest recorded value was 12.37 USD in 1970.
- How does Norway rank for gdp deflator — value us$, 2015 prices?
- Norway ranks 149th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Norway?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).