Inflation, GDP deflator (annual %) in Norway
Norway: Inflation, GDP deflator (annual %) was 1.4% in 2025. ◆ Volatile
Inflation, GDP deflator in Norway, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Norway recorded 1.4% for inflation, gdp deflator in 2025.
That represents a change of up 3,634.8% on the previous year and up 154.5% over ten years.
Over the whole period, inflation, gdp deflator in Norway peaked at 27.3% in 2022 and was at its lowest, -10.9%, in 2023.
Norway ranks 170th of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator (annual %) in Norway, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 2.6% | — |
| 1962 | 4.8% | +80.0% |
| 1963 | 3.4% | -28.8% |
| 1964 | 4.7% | +39.2% |
| 1965 | 4.8% | +1.1% |
| 1966 | 4.0% | -16.7% |
| 1967 | 3.0% | -25.4% |
| 1968 | 4.4% | +49.2% |
| 1969 | 4.2% | -5.2% |
| 1970 | 12.9% | +206.9% |
| 1971 | 6.4% | -50.2% |
| 1972 | 5.5% | -13.5% |
| 1973 | 8.7% | +57.2% |
| 1974 | 11.4% | +30.4% |
| 1975 | 8.9% | -21.8% |
| 1976 | 7.9% | -11.4% |
| 1977 | 8.2% | +3.8% |
| 1978 | 6.3% | -23.4% |
| 1979 | 5.7% | -8.8% |
| 1980 | 13.1% | +129.7% |
| 1981 | 12.9% | -1.8% |
| 1982 | 10.5% | -18.5% |
| 1983 | 7.0% | -33.8% |
| 1984 | 6.2% | -10.7% |
| 1985 | 5.2% | -16.6% |
| 1986 | -0.6% | -110.9% |
| 1987 | 7.2% | -1375.3% |
| 1988 | 4.9% | -32.3% |
| 1989 | 5.6% | +15.0% |
| 1990 | 3.8% | -32.2% |
| 1991 | 2.2% | -42.0% |
| 1992 | -0.7% | -130.7% |
| 1993 | 2.3% | -438.6% |
| 1994 | -0.2% | -107.1% |
| 1995 | 3.1% | -1975.9% |
| 1996 | 4.3% | +38.8% |
| 1997 | 2.8% | -34.4% |
| 1998 | -0.7% | -126.5% |
| 1999 | 6.7% | -1000.7% |
| 2000 | 15.4% | +130.5% |
| 2001 | 1.7% | -88.7% |
| 2002 | -1.5% | -187.0% |
| 2003 | 2.9% | -292.8% |
| 2004 | 5.8% | +98.4% |
| 2005 | 8.8% | +52.4% |
| 2006 | 8.7% | -1.0% |
| 2007 | 3.0% | -65.1% |
| 2008 | 10.5% | +244.2% |
| 2009 | -5.0% | -147.9% |
| 2010 | 5.9% | -216.7% |
| 2011 | 6.6% | +12.3% |
| 2012 | 3.4% | -49.0% |
| 2013 | 2.6% | -23.1% |
| 2014 | 0.3% | -87.0% |
| 2015 | -2.6% | -875.9% |
| 2016 | -1.6% | -37.3% |
| 2017 | 4.0% | -347.1% |
| 2018 | 6.3% | +57.9% |
| 2019 | -0.5% | -107.5% |
| 2020 | -2.3% | +373.6% |
| 2021 | 19.5% | -963.1% |
| 2022 | 27.3% | +39.6% |
| 2023 | -10.9% | -140.1% |
| 2024 | 0.0% | -100.3% |
| 2025 | 1.4% | +3634.8% |
Norway compared with similar countries
- Norway's 1.4% is below the median for high income countries, which is 2.6%, 54% of the median. (82 countries reporting)
- Norway's 1.4% is below the median for Europe & Central Asia, which is 3.5%, 41% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator (annual %) 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 |
|---|---|---|---|
| 2025 | +3634.8% | 0.0% | 1.4% |
| 1995 | +1975.9% | -0.2% | 3.1% |
| 1987 | +1375.3% | -0.6% | 7.2% |
| 1999 | +1000.7% | -0.7% | 6.7% |
| 2021 | +963.1% | -2.3% | 19.5% |
| 2015 | -875.9% | 0.3% | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.0% | 2.6% | 4.8% | 9 |
| 1970s | 8.2% | 5.5% | 12.9% | 10 |
| 1980s | 7.2% | -0.6% | 13.1% | 10 |
| 1990s | 2.4% | -0.7% | 6.7% | 10 |
| 2000s | 5.0% | -5.0% | 15.4% | 10 |
| 2010s | 2.4% | -2.6% | 6.6% | 10 |
| 2020s | 5.8% | -10.9% | 27.3% | 6 |
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)
- 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, gdp deflator in Norway?
- Inflation, gdp deflator in Norway was 1.4% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Norway?
- The highest recorded value was 27.3% in 2022.
- What is the lowest inflation, gdp deflator recorded in Norway?
- The lowest recorded value was -10.9% in 2023.
- How does Norway rank for inflation, gdp deflator?
- Norway ranks 170th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Norway?
- Over the last ten years it is up 154.5%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.