Inflation, consumer prices (annual %) (International Financial) in Norway
Norway: Inflation, consumer prices (annual %) (International Financial) was 3.1% in 2025. ◆ Volatile
Inflation, consumer prices in Norway, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2025, inflation, consumer prices in Norway stood at 3.1%.
The figure is down 2.9% on the previous year and up 40.7% over ten years.
Over the whole period, inflation, consumer prices in Norway peaked at 13.6% in 1981 and was at its lowest, 0.4%, in 1960.
That places Norway 97th out of 192 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices (annual %) (International Financial) in Norway, year by year
| Year | annual % | Change |
|---|---|---|
| 1960 | 0.4% | — |
| 1961 | 2.2% | +497.8% |
| 1962 | 5.3% | +144.7% |
| 1963 | 2.5% | -53.1% |
| 1964 | 5.9% | +137.4% |
| 1965 | 4.2% | -28.6% |
| 1966 | 3.3% | -22.4% |
| 1967 | 4.6% | +40.9% |
| 1968 | 3.4% | -24.7% |
| 1969 | 3.0% | -14.1% |
| 1970 | 10.6% | +259.0% |
| 1971 | 6.2% | -41.5% |
| 1972 | 7.3% | +16.6% |
| 1973 | 7.4% | +2.2% |
| 1974 | 9.4% | +26.9% |
| 1975 | 11.7% | +24.2% |
| 1976 | 9.2% | -21.6% |
| 1977 | 9.1% | -0.6% |
| 1978 | 8.2% | -10.3% |
| 1979 | 4.5% | -44.7% |
| 1980 | 10.9% | +141.2% |
| 1981 | 13.6% | +25.4% |
| 1982 | 11.3% | -16.9% |
| 1983 | 8.5% | -25.4% |
| 1984 | 6.2% | -26.5% |
| 1985 | 5.7% | -8.1% |
| 1986 | 7.2% | +25.6% |
| 1987 | 8.7% | +21.5% |
| 1988 | 6.7% | -23.4% |
| 1989 | 4.5% | -31.9% |
| 1990 | 4.1% | -9.1% |
| 1991 | 3.4% | -16.8% |
| 1992 | 2.3% | -32.3% |
| 1993 | 2.3% | -1.7% |
| 1994 | 1.4% | -39.9% |
| 1995 | 2.5% | +78.8% |
| 1996 | 1.3% | -48.7% |
| 1997 | 2.6% | +103.3% |
| 1998 | 2.3% | -12.3% |
| 1999 | 2.4% | +5.0% |
| 2000 | 3.1% | +30.4% |
| 2001 | 3.0% | -2.6% |
| 2002 | 1.3% | -57.2% |
| 2003 | 2.5% | +93.3% |
| 2004 | 0.5% | -81.7% |
| 2005 | 1.5% | +237.1% |
| 2006 | 2.3% | +52.0% |
| 2007 | 0.7% | -69.4% |
| 2008 | 3.8% | +426.8% |
| 2009 | 2.2% | -41.5% |
| 2010 | 2.4% | +10.1% |
| 2011 | 1.3% | -46.9% |
| 2012 | 0.7% | -45.8% |
| 2013 | 2.1% | +204.3% |
| 2014 | 2.0% | -3.7% |
| 2015 | 2.2% | +6.3% |
| 2016 | 3.5% | +63.5% |
| 2017 | 1.9% | -47.2% |
| 2018 | 2.8% | +47.4% |
| 2019 | 2.2% | -21.6% |
| 2020 | 1.3% | -40.6% |
| 2021 | 3.5% | +170.8% |
| 2022 | 5.8% | +65.5% |
| 2023 | 5.5% | -4.3% |
| 2024 | 3.1% | -43.0% |
| 2025 | 3.1% | -2.9% |
Norway compared with similar countries
- Norway's 3.1% is above the median for high income countries, which is 2.3%, 1.3× the median. (67 countries reporting)
- Norway's 3.1% is below the median for Europe & Central Asia, which is 3.8%, 81% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Inflation, consumer prices (annual %) (International Financial) in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | +497.8% | 0.4% | 2.2% |
| 2008 | +426.8% | 0.7% | 3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.5% | 0.4% | 5.9% | 10 |
| 1970s | 8.4% | 4.5% | 11.7% | 10 |
| 1980s | 8.3% | 4.5% | 13.6% | 10 |
| 1990s | 2.4% | 1.3% | 4.1% | 10 |
| 2000s | 2.1% | 0.5% | 3.8% | 10 |
| 2010s | 2.1% | 0.7% | 3.5% | 10 |
| 2020s | 3.7% | 1.3% | 5.8% | 6 |
Countries ranked near Norway
- 94 Comoros 3.2% compare
- 95 South Africa 3.2% compare
- 96 Japan 3.2% compare
- 98 Israel 3.0% compare
- 99 United States 2.9% compare
- 100 Equatorial Guinea 2.9% compare
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)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,340 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4463 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 978.78 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.99 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0071 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, consumer prices in Norway?
- Inflation, consumer prices in Norway was 3.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Norway?
- The highest recorded value was 13.6% in 1981.
- What is the lowest inflation, consumer prices recorded in Norway?
- The lowest recorded value was 0.4% in 1960.
- How does Norway rank for inflation, consumer prices?
- Norway ranks 97th out of 192 countries with data for 2025.
- Is inflation, consumer prices rising or falling in Norway?
- Over the last ten years it is up 40.7%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.