Norway Inflation Rate 1960-2021

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 2020 was 1.29%, a 0.88% decline from 2019.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Uruguay 9.76%
Saudi Arabia 3.45%
Poland 3.37%
Hungary 3.33%
Czech Republic 3.16%
Chile 3.05%
Iceland 2.85%
Brunei 1.94%
Slovak Republic 1.94%
New Zealand 1.71%
Austria 1.38%
Norway 1.29%
Netherlands 1.27%
United States 1.23%
Lithuania 1.20%
United Kingdom 0.99%
Australia 0.85%
Luxembourg 0.82%
Belgium 0.74%
Canada 0.72%
Malta 0.64%
Trinidad and Tobago 0.60%
South Korea 0.54%
Germany 0.51%
Sweden 0.50%
France 0.48%
Denmark 0.42%
Hong Kong 0.33%
Latvia 0.22%
Bahamas 0.04%
Portugal -0.01%
Japan -0.02%
Slovenia -0.05%
Italy -0.14%
Singapore -0.18%
Spain -0.32%
Ireland -0.33%
Estonia -0.44%
Israel -0.59%
Cyprus -0.64%
Switzerland -0.73%
Oman -0.90%
Greece -1.25%
Panama -1.55%
UAE -2.08%
Bahrain -2.32%
Qatar -2.54%
Norway Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2020 1.29% -0.88%
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%