Norway: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 2.31 percent as of March 2025, a decline compared to the previous value of 3.28 percent. Historically, the average for Norway from January 1997 to March 2025 is 2.39 percent. The minimum of -1.46 percent was recorded in January 2004, while the maximum of 8.45 percent was reached in October 2022.
Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Norway: Inflation, annual percent change in the CPI |
|---|---|
| 2025 Mar | 2.31 |
| 2025 Feb | 3.28 |
| 2025 Jan | 1.87 |
| 2024 Dec | 1.72 |
| 2024 Nov | 1.94 |
| 2024 Oct | 2.18 |
| 2024 Sep | 2.66 |
| 2024 Aug | 2.28 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 5.5 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 10.7169 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 3,183.00 | 12/2024 | billion |
| Consumer Price Index (CPI) | 137.5000 | 3/2025 | index points |
| Inflation, monthly | -0.79 | 3/2025 | percent |
| Inflation, annual | 2.31 | 3/2025 | percent |
| Private sector credit | 5,650.32 | 12/2024 | billion |
| Business credit | 1,755.37 | 12/2024 | billion |
| Household credit | 3,894.96 | 12/2024 | billion |
| Mortgage credit | 2,925.72 | 12/2024 | billion |
| Consumer credit | 969.24 | 12/2024 | billion |
| Deposit interest rate | 4.83 | 12/2024 | percent |
| Business credit interest rate | 6.85 | 12/2024 | percent |
| Mortgage credit interest rate | 5.66 | 12/2024 | percent |
| Policy rate | 4.50 | 3/2025 | percent |
| Household debt to GDP | 88.60 | 9/2024 | percent |
| Debt service ratios for private non-financial sector | 28.90 | Q3/2024 | percent |