GDP price levels relative to the US in Norway
Norway: GDP price levels relative to the US was 0.8508 in 2024. ▼ Falling
GDP price levels relative to the US in Norway, 1990–2024
Source: World Development Indicators - World Bank (2026) – processed by Our World in Data.
Analysis
The most recent figure for gdp price levels relative to the us in Norway is 0.8508, measured in 2024.
Compared with earlier readings it is up 0.8% on the previous year and down 42.2% over ten years.
Over the whole period, gdp price levels relative to the us in Norway peaked at 1.62 in 2011 and was at its lowest, 0.8443, in 2023.
That places Norway 22nd out of 202 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 35 years of available data.
GDP price levels relative to the US in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 1.53 | — |
| 1991 | 1.46 | -4.5% |
| 1992 | 1.48 | +1.3% |
| 1993 | 1.3 | -12.5% |
| 1994 | 1.27 | -1.7% |
| 1995 | 1.43 | +12.5% |
| 1996 | 1.39 | -2.8% |
| 1997 | 1.28 | -8.0% |
| 1998 | 1.23 | -3.6% |
| 1999 | 1.19 | -3.5% |
| 2000 | 1.03 | -13.3% |
| 2001 | 1.02 | -1.1% |
| 2002 | 1.13 | +11.2% |
| 2003 | 1.3 | +14.5% |
| 2004 | 1.35 | +4.2% |
| 2005 | 1.4 | +3.2% |
| 2006 | 1.37 | -2.0% |
| 2007 | 1.52 | +11.1% |
| 2008 | 1.57 | +3.2% |
| 2009 | 1.44 | -8.1% |
| 2010 | 1.51 | +4.9% |
| 2011 | 1.62 | +7.0% |
| 2012 | 1.55 | -4.1% |
| 2013 | 1.54 | -1.1% |
| 2014 | 1.47 | -4.2% |
| 2015 | 1.23 | -16.3% |
| 2016 | 1.2 | -2.9% |
| 2017 | 1.18 | -1.4% |
| 2018 | 1.18 | -0.0% |
| 2019 | 1.08 | -8.6% |
| 2020 | 1.02 | -5.5% |
| 2021 | 1.05 | +2.7% |
| 2022 | 0.8707 | -16.8% |
| 2023 | 0.8443 | -3.0% |
| 2024 | 0.8508 | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.36 | 1.19 | 1.53 | 10 |
| 2000s | 1.31 | 1.02 | 1.57 | 10 |
| 2010s | 1.36 | 1.08 | 1.62 | 10 |
| 2020s | 0.926 | 0.8443 | 1.05 | 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)
- Industry (including construction), value added (constant 2015 US$) 0.0198 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.257 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 24,312 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.0192 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1.85 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 174,725 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.99 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5505 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp price levels relative to the us in Norway?
- Gdp price levels relative to the us in Norway was 0.8508 in 2024, according to World Development Indicators - World Bank (2026) – processed by Our World in Data.
- What is the highest gdp price levels relative to the us recorded in Norway?
- The highest recorded value was 1.62 in 2011.
- What is the lowest gdp price levels relative to the us recorded in Norway?
- The lowest recorded value was 0.8443 in 2023.
- How does Norway rank for gdp price levels relative to the us?
- Norway ranks 22nd out of 202 countries with data for 2024.
- Is gdp price levels relative to the us rising or falling in Norway?
- Over the last ten years it is down 42.2%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from World Development Indicators - World Bank (2026) – processed by Our World in Data, published as part of GDP price levels relative to the US. Statizoid updates them automatically from the source API.
Download this data
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About this data
Ratio of Purchasing Power Parity (PPP) conversion factor to market exchange rate.