Inflation, GDP deflator: linked series in Norway
Norway: Inflation, GDP deflator: linked series was 1.4% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Norway, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator: linked series in Norway is 1.4%, measured in 2025.
Compared with earlier readings it is up 3,634.8% on the previous year and up 154.5% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Norway peaked at 27.3% in 2022 and was at its lowest, -10.9%, in 2023.
That places Norway 168th out of 212 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series in Norway, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 3.8% | — |
| 1991 | 2.2% | -42.0% |
| 1992 | -0.7% | -130.7% |
| 1993 | 2.3% | -438.6% |
| 1994 | -0.2% | -107.1% |
| 1995 | 3.1% | -1975.9% |
| 1996 | 4.3% | +38.8% |
| 1997 | 2.8% | -34.4% |
| 1998 | -0.7% | -126.5% |
| 1999 | 6.7% | -1000.7% |
| 2000 | 15.4% | +130.5% |
| 2001 | 1.7% | -88.7% |
| 2002 | -1.5% | -187.0% |
| 2003 | 2.9% | -292.8% |
| 2004 | 5.8% | +98.4% |
| 2005 | 8.8% | +52.4% |
| 2006 | 8.7% | -1.0% |
| 2007 | 3.0% | -65.1% |
| 2008 | 10.5% | +244.2% |
| 2009 | -5.0% | -147.9% |
| 2010 | 5.9% | -216.7% |
| 2011 | 6.6% | +12.3% |
| 2012 | 3.4% | -49.0% |
| 2013 | 2.6% | -23.1% |
| 2014 | 0.3% | -87.0% |
| 2015 | -2.6% | -875.9% |
| 2016 | -1.6% | -37.3% |
| 2017 | 4.0% | -347.1% |
| 2018 | 6.3% | +57.9% |
| 2019 | -0.5% | -107.5% |
| 2020 | -2.3% | +373.6% |
| 2021 | 19.5% | -963.1% |
| 2022 | 27.3% | +39.6% |
| 2023 | -10.9% | -140.1% |
| 2024 | 0.0% | -100.3% |
| 2025 | 1.4% | +3634.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.4% | -0.7% | 6.7% | 10 |
| 2000s | 5.0% | -5.0% | 15.4% | 10 |
| 2010s | 2.4% | -2.6% | 6.6% | 10 |
| 2020s | 5.8% | -10.9% | 27.3% | 6 |
Countries ranked near Norway
More financial sector data for Norway
- Net domestic credit (current LCU), per capita 1.08 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 12.01 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 3.18 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 55.94 billion SDR (2025)
- Reserves excluding gold 62.43 billion SDR (2025)
- Total reserves (gold at market value) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) 62.43 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 11,126 SDR per person (2025)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Norway?
- Inflation, gdp deflator: linked series in Norway was 1.4% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Norway?
- The highest recorded value was 27.3% in 2022.
- What is the lowest inflation, gdp deflator: linked series recorded in Norway?
- The lowest recorded value was -10.9% in 2023.
- How does Norway rank for inflation, gdp deflator: linked series?
- Norway ranks 168th out of 212 countries with data for 2025.
- Is inflation, gdp deflator: linked series rising or falling in Norway?
- Over the last ten years it is up 154.5%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.