The average inflation rate in Norway was forecast to continuously decrease between 2024 and 2029 by in total 1.3 percentage points. The inflation is estimated to amount to two percent in 2029. The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Iceland, Denmark, and Finland.
Norway: Inflation rate from 1989 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
2%
2028*
2%
2027*
2%
2026*
2%
2025*
2.4%
2024*
3.26%
2023
5.52%
2022
5.76%
2021
3.48%
2020
1.29%
2019
2.17%
2018
2.77%
2017
1.88%
2016
3.55%
2015
2.17%
2014
2.04%
2013
2.12%
2012
0.7%
2011
1.28%
2010
2.42%
2009
2.2%
2008
3.75%
2007
0.71%
2006
2.33%
2005
1.53%
2004
0.45%
2003
2.49%
2002
1.29%
2001
3%
2000
3.09%
1999
2.37%
1998
2.25%
1997
2.57%
1996
1.26%
1995
2.46%
1994
1.38%
1993
2.29%
1992
2.33%
1991
3.44%
1990
4.13%
1989
4.55%
Zoomable Statistic: Select the range in the chart you want to zoom in on.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IMF. (October 22, 2024). Norway: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/327359/inflation-rate-in-norway/
IMF. "Norway: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/327359/inflation-rate-in-norway/
IMF. (2024). Norway: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/327359/inflation-rate-in-norway/
IMF. "Norway: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/327359/inflation-rate-in-norway/
IMF, Norway: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/327359/inflation-rate-in-norway/ (last visited December 19, 2024)
Norway: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/327359/inflation-rate-in-norway/