Financial market — Real effective exchange rates - CPI based in Norway

Norway: Financial market — Real effective exchange rates - CPI based was 86.98 Index in 2025. ▼ Falling

Latest (2025)
86.98 Index
Change on year
up 0.9%
World rank
33rd
of 35 countries
All-time high
118.65 Index
in 1977
All-time low
86.22 Index
in 2024
Years of data
56
1970–2025

Financial market — Real effective exchange rates - CPI based in Norway, 1970–2025

0255075100125197019972025

Source: Organisation for Economic Co-operation and Development. Measured in Index.

Analysis

In 2025, financial market — real effective exchange rates - cpi based in Norway stood at 86.98 Index.

Compared with earlier readings it is up 0.9% on the previous year and down 13.0% over ten years.

Over the whole period, financial market — real effective exchange rates - cpi based in Norway peaked at 118.65 Index in 1977 and was at its lowest, 86.22 Index, in 2024.

Norway ranks 33rd of 35 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 56 years of available data.

Financial market — Real effective exchange rates - CPI based in Norway, year by year

Annual values for Financial market — Real effective exchange rates - CPI based in Norway, 1970 to 2025.
Year Index Change
1970 105.73 Index
1971 104.68 Index -1.0%
1972 106.24 Index +1.5%
1973 109.95 Index +3.5%
1974 112.62 Index +2.4%
1975 115.72 Index +2.7%
1976 117.71 Index +1.7%
1977 118.65 Index +0.8%
1978 111.87 Index -5.7%
1979 106.01 Index -5.2%
1980 107.09 Index +1.0%
1981 112.48 Index +5.0%
1982 117.69 Index +4.6%
1983 117.34 Index -0.3%
1984 115.65 Index -1.4%
1985 114.68 Index -0.8%
1986 113.07 Index -1.4%
1987 115.14 Index +1.8%
1988 118.27 Index +2.7%
1989 117.79 Index -0.4%
1990 116.02 Index -1.5%
1991 111.9 Index -3.6%
1992 111.72 Index -0.2%
1993 107.39 Index -3.9%
1994 104.43 Index -2.8%
1995 106.85 Index +2.3%
1996 105.52 Index -1.2%
1997 106.71 Index +1.1%
1998 104.06 Index -2.5%
1999 105.1 Index +1.0%
2000 103.44 Index -1.6%
2001 107.25 Index +3.7%
2002 115.86 Index +8.0%
2003 114.37 Index -1.3%
2004 109.23 Index -4.5%
2005 113.12 Index +3.6%
2006 112.56 Index -0.5%
2007 112.23 Index -0.3%
2008 112.15 Index -0.1%
2009 110.41 Index -1.6%
2010 115.07 Index +4.2%
2011 115.34 Index +0.2%
2012 115.11 Index -0.2%
2013 112.99 Index -1.8%
2014 108.2 Index -4.2%
2015 100 Index -7.6%
2016 100.47 Index +0.5%
2017 101 Index +0.5%
2018 101.5 Index +0.5%
2019 99.04 Index -2.4%
2020 92.89 Index -6.2%
2021 98.53 Index +6.1%
2022 95.42 Index -3.2%
2023 87.03 Index -8.8%
2024 86.22 Index -0.9%
2025 86.98 Index +0.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 110.92 Index 104.68 Index 118.65 Index 10
1980s 114.92 Index 107.09 Index 118.27 Index 10
1990s 107.97 Index 104.06 Index 116.02 Index 10
2000s 111.06 Index 103.44 Index 115.86 Index 10
2010s 106.87 Index 99.04 Index 115.34 Index 10
2020s 91.18 Index 86.22 Index 98.53 Index 6

Countries ranked near Norway

  1. 30 Chile 92.86 Index compare
  2. 31 Sweden 90.72 Index compare
  3. 32 China 87.89 Index compare
  4. 34 Brazil 85.06 Index compare
  5. 35 Japan 81.12 Index compare

See the full ranking of 44 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is financial market — real effective exchange rates - cpi based in Norway?
Financial market — real effective exchange rates - cpi based in Norway was 86.98 Index in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest financial market — real effective exchange rates - cpi based recorded in Norway?
The highest recorded value was 118.65 Index in 1977.
What is the lowest financial market — real effective exchange rates - cpi based recorded in Norway?
The lowest recorded value was 86.22 Index in 2024.
How does Norway rank for financial market — real effective exchange rates - cpi based?
Norway ranks 33rd out of 35 countries with data for 2025.
Is financial market — real effective exchange rates - cpi based rising or falling in Norway?
Over the last ten years it is down 13.0%. The long-run trend across the full record is falling.
Where does this Norway data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Financial market — Real effective exchange rates - CPI based. Statizoid updates them automatically from the source API.

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Financial market — Real effective exchange rates - CPI based in Norway. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/financial-market-real-effective-exchange-rates-cpi-based/norway/

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About this data

Indicator
Financial market — Real effective exchange rates - CPI based
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
44 places, 2,123 data points, 1970–2025
Last refreshed

Financial Indicators aim to capture in quantitative terms an important but heterogeneous and fast evolving area. Key factors driving this change are: globalisation of the financial markets; maturing of national financial markets and therefore the structure of these markets required to service their needs; increased sophistication of the actors in these markets; rapid technological change; and evolving regulatory frameworks. Financial institutions react and adapt to these conditions by changing their strategies; by specialising, by diversifying or concentrating their activities, and by extending through mergers and acquisitions. As a consequence, there is almost constant evolution in the institutional structures in which financial markets operate.OECD statistics contactStatistics and Data Directorate