Annual inflation, consumer prices in Norway
Norway: Annual inflation, consumer prices was 3.1% in 2024. ◆ Volatile
Annual inflation, consumer prices in Norway, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Norway recorded 3.1% for annual inflation, consumer prices in 2024.
That represents a change of down 43.0% on the previous year and up 54.1% over ten years.
Over the whole period, annual inflation, consumer prices in Norway peaked at 5.8% in 2022 and was at its lowest, 0.5%, in 2004.
Norway ranks 103rd 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.
Annual inflation, consumer prices in Norway, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.1% | — |
| 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% |
Norway compared with similar countries
- Norway's 3.1% is above the median for high income countries, which is 2.4%, 1.3× the median. (64 countries reporting)
- Norway's 3.1% is above the median for Europe & Central Asia, which is 2.8%, 1.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices 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 |
|---|---|---|---|
| 2008 | +426.8% | 0.7% | 3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | 0.5% | 3.8% | 10 |
| 2010s | 2.1% | 0.7% | 3.5% | 10 |
| 2020s | 3.8% | 1.3% | 5.8% | 5 |
Countries ranked near Norway
More development goals data for Norway
- Red List Index 0.9513 index (2025)
- Number of refugees per 100,000 population, by country of origin 0.1778 per 100,000 people (2025)
- Manufacturing value added per capita 4,698 constant US$ (2025)
- Number of transboundary breeds 30 (2025)
- Number of transboundary breeds (not extinct) 30 (2025)
- Number of transboundary breeds with unknown risk status 0 (2025)
- Number of local breeds with unknown risk status 1 (2025)
- Number of local breeds (not extinct) 47 (2025)
- Number of local breeds kept in the country 47 (2025)
- Infant deaths 106 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Norway?
- Annual inflation, consumer prices in Norway was 3.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Norway?
- The highest recorded value was 5.8% in 2022.
- What is the lowest annual inflation, consumer prices recorded in Norway?
- The lowest recorded value was 0.5% in 2004.
- How does Norway rank for annual inflation, consumer prices?
- Norway ranks 103rd out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Norway?
- Over the last ten years it is up 54.1%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).