Norway Inflation Rate 1960-2020

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. The Laspeyres formula is generally used.
  • Norway inflation rate for 2019 was 2.17%, a 0.6% decline from 2018.
  • Norway inflation rate for 2018 was 2.76%, a 0.89% increase from 2017.
  • Norway inflation rate for 2017 was 1.88%, a 1.67% decline from 2016.
  • Norway inflation rate for 2016 was 3.55%, a 1.38% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Argentina 53.55%
Uruguay 7.88%
Aruba 4.26%
Barbados 4.10%
Hungary 3.34%
Iceland 3.01%
Hong Kong 2.86%
Czech Republic 2.85%
Latvia 2.81%
Slovak Republic 2.66%
Netherlands 2.63%
Curacao 2.62%
Chile 2.56%
Bahamas 2.49%
Lithuania 2.33%
Estonia 2.28%
Poland 2.23%
Norway 2.17%
Canada 1.95%
United States 1.81%
Seychelles 1.81%
Sweden 1.78%
Luxembourg 1.74%
United Kingdom 1.74%
Malta 1.64%
Slovenia 1.63%
New Zealand 1.62%
Australia 1.61%
Austria 1.53%
Germany 1.45%
Belgium 1.44%
France 1.11%
Kuwait 1.09%
Finland 1.02%
Ireland 0.94%
Israel 0.84%
Croatia 0.77%
Denmark 0.76%
Spain 0.70%
Italy 0.61%
Singapore 0.57%
Japan 0.48%
South Korea 0.38%
Switzerland 0.36%
Portugal 0.34%
Greece 0.25%
Cyprus 0.25%
Oman 0.13%
Panama -0.36%
Brunei -0.39%
Qatar -0.67%
UAE -1.93%
Saudi Arabia -2.09%
Norway Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 2.17% -0.60%
2018 2.76% 0.89%
2017 1.88% -1.67%
2016 3.55% 1.38%
2015 2.17% 0.13%
2014 2.04% -0.08%
2013 2.12% 1.42%
2012 0.70% -0.59%
2011 1.29% -1.13%
2010 2.42% 0.22%
2009 2.20% -1.56%
2008 3.75% 3.04%
2007 0.71% -1.62%
2006 2.33% 0.80%
2005 1.53% 1.08%
2004 0.45% -2.03%
2003 2.49% 1.20%
2002 1.29% -1.72%
2001 3.00% -0.08%
2000 3.09% 0.72%
1999 2.37% 0.11%
1998 2.25% -0.31%
1997 2.57% 1.30%
1996 1.26% -1.20%
1995 2.46% 1.08%
1994 1.38% -0.91%
1993 2.29% -0.04%
1992 2.33% -1.11%
1991 3.44% -0.69%
1990 4.13% -0.42%
1989 4.55% -2.13%
1988 6.68% -2.04%
1987 8.72% 1.54%
1986 7.18% 1.46%
1985 5.71% -0.50%
1984 6.22% -2.25%
1983 8.47% -2.88%
1982 11.34% -2.30%
1981 13.64% 2.76%
1980 10.88% 6.37%
1979 4.51% -3.65%
1978 8.16% -0.94%
1977 9.10% -0.06%
1976 9.16% -2.53%
1975 11.69% 2.28%
1974 9.41% 1.99%
1973 7.42% 0.16%
1972 7.26% 1.03%
1971 6.22% -4.41%
1970 10.64% 7.67%
1969 2.96% -0.49%
1968 3.45% -1.13%
1967 4.58% 1.33%
1966 3.25% -0.94%
1965 4.19% -1.68%
1964 5.87% 3.40%
1963 2.47% -2.80%
1962 5.27% 3.12%
1961 2.16% 1.79%
1960 0.36% 1.79%