Purchasing power parities, price level indices, nominal and real in Norway
Norway: Purchasing power parities, price level indices, nominal and real was 14.46 in 2024. ▲ Rising
Latest (2024)
14.46
Change on year
up 1.9%
World rank
9th
of 49 countries
All-time high
15.01
in 2020
All-time low
10.59
in 1996
Years of data
30
1995–2024
Purchasing power parities, price level indices, nominal and real in Norway, 1995–2024
Source: Eurostat.
Analysis
Norway recorded 14.46 for purchasing power parities, price level indices, nominal and real in 2024.
Compared with earlier readings it is up 1.9% on the previous year and up 11.7% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in Norway peaked at 15.01 in 2020 and was at its lowest, 10.59, in 1996.
That places Norway 9th out of 49 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Purchasing power parities, price level indices, nominal and real in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 10.83 | — |
| 1996 | 10.59 | -2.2% |
| 1997 | 10.82 | +2.2% |
| 1998 | 11.19 | +3.4% |
| 1999 | 11.11 | -0.7% |
| 2000 | 10.94 | -1.6% |
| 2001 | 11.08 | +1.3% |
| 2002 | 11.05 | -0.3% |
| 2003 | 11.2 | +1.4% |
| 2004 | 11.17 | -0.3% |
| 2005 | 10.99 | -1.6% |
| 2006 | 11.04 | +0.5% |
| 2007 | 11.3 | +2.3% |
| 2008 | 11.42 | +1.0% |
| 2009 | 12.03 | +5.4% |
| 2010 | 12.09 | +0.5% |
| 2011 | 12.19 | +0.8% |
| 2012 | 12.24 | +0.4% |
| 2013 | 12.51 | +2.2% |
| 2014 | 12.95 | +3.5% |
| 2015 | 13.81 | +6.7% |
| 2016 | 14.46 | +4.6% |
| 2017 | 14.19 | -1.8% |
| 2018 | 14.13 | -0.4% |
| 2019 | 14.58 | +3.1% |
| 2020 | 15.01 | +3.0% |
| 2021 | 14.09 | -6.2% |
| 2022 | 13.61 | -3.4% |
| 2023 | 14.19 | +4.2% |
| 2024 | 14.46 | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.91 | 10.59 | 11.19 | 5 |
| 2000s | 11.22 | 10.94 | 12.03 | 10 |
| 2010s | 13.31 | 12.09 | 14.58 | 10 |
| 2020s | 14.27 | 13.61 | 15.01 | 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)
- 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)
- Services, value added (current US$), per capita 52,073 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.44 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 5.72 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 541,338 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.33 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5247 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in Norway?
- Purchasing power parities, price level indices, nominal and real in Norway was 14.46 in 2024, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in Norway?
- The highest recorded value was 15.01 in 2020.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in Norway?
- The lowest recorded value was 10.59 in 1996.
- How does Norway rank for purchasing power parities, price level indices, nominal and real?
- Norway ranks 9th out of 49 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in Norway?
- Over the last ten years it is up 11.7%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid updates them automatically from the source API.
Download this data
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