Canada vs Norway: Real effective exchange rate index

Canada
78.24 2010 = 100
in 2025
Norway
74.67 2010 = 100
in 2025
Canada rank
90th
Norway rank
91st

Real effective exchange rate index over time

  • Canada
  • Norway
0255075100197920022025

How they compare

Canada currently reports 78.24 2010 = 100 against 74.67 2010 = 100 in Norway, a difference of 3.57 2010 = 100.

The two have swapped places 8 times across 47 shared years of data; in 1979 it was Canada ahead.

Canada ranks 90th and Norway ranks 91st of 95 countries.

Across the 6 decades both report, Canada averaged higher in 3 and Norway in 3.

Head to head by decade

Decade Canada Norway Difference Ahead
1970s 93.95 2010 = 100 93.05 2010 = 100 0.9007 2010 = 100 Canada
1980s 99.58 2010 = 100 99.46 2010 = 100 0.1219 2010 = 100 Canada
1990s 87.71 2010 = 100 94.48 2010 = 100 6.77 2010 = 100 Norway
2000s 85.94 2010 = 100 96.95 2010 = 100 11.01 2010 = 100 Norway
2010s 90.35 2010 = 100 91.54 2010 = 100 1.2 2010 = 100 Norway
2020s 81.53 2010 = 100 77.4 2010 = 100 4.13 2010 = 100 Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate index, Canada or Norway?
Canada, at 78.24 2010 = 100 against 74.67 2010 = 100 in Norway as of 2025.
What is the difference in real effective exchange rate index between Canada and Norway?
3.57 2010 = 100, with Canada ahead.
How many years of comparable data are there for Canada and Norway?
47 years are reported by both, from 1979 to 2025.
How do Canada and Norway rank globally for real effective exchange rate index?
Canada ranks 90th and Norway ranks 91st of 95 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Real effective exchange rate index (2010 = 100). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Norway: Real effective exchange rate index. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 22 August 2026, from https://financial-sector.statizoid.com/compare/real-effective-exchange-rate-index-2010-100/canada/norway/

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About this data

Indicator
Real effective exchange rate index (2010 = 100)
Unit
2010 = 100
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
95 places, 4,150 data points, 1979–2025
Last refreshed

Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs. This indicator is an index series where 2010=100.