Inflation in Norway
Inflation in Norway was 3.4% in September 2026, according to Statistics Norway.
So far this year (January–September 2026), prices are 3.2% higher than in the same months of 2025. For 2025 as a whole, inflation was 3.0%.
Over the ten years from 2015 to 2025, prices rose by 37.7% in total, an average of 3.3% a year.
Inflation in Norway by year
Annual inflation is the change in the average price level from the year before. The last column shows what NOK 100 in each year is worth in 2025.
| Year | Inflation | NOK 100 is worth in 2025 |
|---|---|---|
| 2026 (Jan–Sept) | 3.2% | – |
| 2025 | 3.0% | NOK 100 |
| 2024 | 3.2% | NOK 103 |
| 2023 | 5.5% | NOK 106 |
| 2022 | 5.8% | NOK 112 |
| 2021 | 3.5% | NOK 119 |
| 2020 | 1.3% | NOK 123 |
| 2019 | 2.2% | NOK 124 |
| 2018 | 2.7% | NOK 127 |
| 2017 | 1.9% | NOK 131 |
| 2016 | 3.5% | NOK 133 |
| 2015 | 2.1% | NOK 138 |
| 2014 | 2.1% | NOK 141 |
| 2013 | 2.1% | NOK 144 |
| 2012 | 0.6% | NOK 147 |
| 2011 | 1.3% | NOK 148 |
| 2010 | 2.4% | NOK 150 |
| 2009 | 2.2% | NOK 153 |
| 2008 | 3.8% | NOK 156 |
| 2007 | 0.7% | NOK 162 |
| 2006 | 2.3% | NOK 164 |
Show every year back to 1921
| 2005 | 1.5% | NOK 167 |
| 2004 | 0.5% | NOK 170 |
| 2003 | 2.5% | NOK 171 |
| 2002 | 1.3% | NOK 175 |
| 2001 | 2.9% | NOK 177 |
| 2000 | 3.1% | NOK 182 |
| 1999 | 2.4% | NOK 188 |
| 1998 | 2.3% | NOK 193 |
| 1997 | 2.5% | NOK 197 |
| 1996 | 1.3% | NOK 202 |
| 1995 | 2.4% | NOK 205 |
| 1994 | 1.4% | NOK 210 |
| 1993 | 2.2% | NOK 213 |
| 1992 | 2.4% | NOK 217 |
| 1991 | 3.3% | NOK 222 |
| 1990 | 4.2% | NOK 230 |
| 1989 | 4.5% | NOK 239 |
| 1988 | 6.6% | NOK 250 |
| 1987 | 8.9% | NOK 267 |
| 1986 | 7.2% | NOK 291 |
| 1985 | 5.5% | NOK 312 |
| 1984 | 6.3% | NOK 329 |
| 1983 | 8.5% | NOK 349 |
| 1982 | 11.3% | NOK 379 |
| 1981 | 13.6% | NOK 422 |
| 1980 | 10.8% | NOK 480 |
| 1979 | 4.9% | NOK 532 |
| 1978 | 7.9% | NOK 557 |
| 1977 | 9.6% | NOK 601 |
| 1976 | 8.9% | NOK 659 |
| 1975 | 11.6% | NOK 717 |
| 1974 | 9.6% | NOK 801 |
| 1973 | 7.5% | NOK 877 |
| 1972 | 7.4% | NOK 943 |
| 1971 | 6.3% | NOK 1,013 |
| 1970 | 10.3% | NOK 1,076 |
| 1969 | 2.7% | NOK 1,187 |
| 1968 | 3.7% | NOK 1,219 |
| 1967 | 4.8% | NOK 1,263 |
| 1966 | 3.0% | NOK 1,324 |
| 1965 | 4.1% | NOK 1,363 |
| 1964 | 6.6% | NOK 1,420 |
| 1963 | 2.2% | NOK 1,513 |
| 1962 | 4.7% | NOK 1,547 |
| 1961 | 2.4% | NOK 1,620 |
| 1960 | 0.0% | NOK 1,659 |
| 1959 | 2.5% | NOK 1,659 |
| 1958 | 5.2% | NOK 1,700 |
| 1957 | 2.7% | NOK 1,788 |
| 1956 | 4.2% | NOK 1,836 |
| 1955 | 1.4% | NOK 1,912 |
| 1954 | 4.4% | NOK 1,939 |
| 1953 | 1.5% | NOK 2,025 |
| 1952 | 8.1% | NOK 2,055 |
| 1951 | 17.0% | NOK 2,221 |
| 1950 | 6.0% | NOK 2,598 |
| 1949 | 0.0% | NOK 2,754 |
| 1948 | 0.0% | NOK 2,754 |
| 1947 | 0.0% | NOK 2,754 |
| 1946 | 2.0% | NOK 2,754 |
| 1945 | 2.1% | NOK 2,810 |
| 1944 | 0.0% | NOK 2,869 |
| 1943 | 2.1% | NOK 2,869 |
| 1942 | 6.8% | NOK 2,930 |
| 1941 | 15.8% | NOK 3,130 |
| 1940 | 18.7% | NOK 3,624 |
| 1939 | 0.0% | NOK 4,303 |
| 1938 | 3.2% | NOK 4,303 |
| 1937 | 6.9% | NOK 4,442 |
| 1936 | 3.6% | NOK 4,748 |
| 1935 | 0.0% | NOK 4,918 |
| 1934 | 0.0% | NOK 4,918 |
| 1933 | 0.0% | NOK 4,918 |
| 1932 | 0.0% | NOK 4,918 |
| 1931 | -6.7% | NOK 4,918 |
| 1930 | 0.0% | NOK 4,590 |
| 1929 | -6.3% | NOK 4,590 |
| 1928 | -5.9% | NOK 4,303 |
| 1927 | -10.5% | NOK 4,050 |
| 1926 | -15.6% | NOK 3,624 |
| 1925 | 2.3% | NOK 3,060 |
| 1924 | 10.0% | NOK 3,130 |
| 1923 | -7.0% | NOK 3,442 |
| 1922 | -15.7% | NOK 3,202 |
| 1921 | -8.9% | NOK 2,700 |
Highest and lowest inflation
The highest annual inflation since 1921 was 18.7% in 1940. The largest fall in prices was 15.7% in 1922. Prices last fell in 1931, by 6.7%.
About the figures
Statistics Norway's consumer price index (table 14710), from 1920. The figures are annual averages of the consumer price index from Statistics Norway, and are updated automatically when new figures are published.
Source: Statistics Norway
Inflation in other countries
| Country | Latest month | This year so far | Latest year | 10-year average |
|---|---|---|---|---|
| 3.6% (Sept 2026) | 3.1% | 3.5% (2025) | 3.3% | |
| 5.3% (Oct 2026) | 3.3% | 2.5% (2025) | 3.0% | |
| 2.2% (Sept 2026) | 1.5% | 1.9% (2025) | 1.9% | |
| 3.8% (Sept 2026) | 2.8% | 2.1% (2025) | 2.6% | |
| 3.4% (Oct 2026) | 2.0% | 0.9% (2025) | 1.9% | |
| 3.3% (Sept 2026) | 2.6% | 2.2% (2025) | 2.6% | |
| 4.1% (Sept 2026) | 3.4% | 2.2% (2025) | 2.2% | |
| 5.4% (Oct 2026) | 2.9% | 1.5% (2025) | 2.1% | |
| 3.4% (Sept 2026) | 3.0% | 3.3% (2025) | 3.0% | |
| 4.0% (Sept 2026) | 2.9% | 3.6% (2025) | 4.6% | |
| 4.9% (Sept 2026) | 3.4% | 2.7% (2025) | 2.4% | |
| 1.1% (Sept 2026) | 0.5% | 0.7% (2025) | 2.9% | |
| 3.4% (Sept 2026) | 3.0% | 3.4% (2025) | 3.3% | |
| 3.7% (Sept 2026) | 3.4% | 2.6% (2025) | 3.1% |