Real effective exchange rate - percentage changes, 42 trading partners in Norway

Norway: Real effective exchange rate - percentage changes, 42 trading partners was 86.83 Index, 2015=100 in 2025. ▼ Falling

Latest (2025)
86.83 Index, 2015=100
Change on year
up 0.3%
World rank
49th
of 55 countries
All-time high
120.2 Index, 2015=100
in 2011
All-time low
86.59 Index, 2015=100
in 2024
Years of data
32
1994–2025

Real effective exchange rate - percentage changes, 42 trading partners in Norway, 1994–2025

02550751001251994200920251994: 110 Index, 2015=1001995: 113.2 Index, 2015=1001996: 111.6 Index, 2015=1001997: 110.5 Index, 2015=1001998: 106.8 Index, 2015=1001999: 107.8 Index, 2015=1002000: 105.4 Index, 2015=1002001: 107.8 Index, 2015=1002002: 116 Index, 2015=1002003: 115 Index, 2015=1002004: 109.8 Index, 2015=1002005: 113.3 Index, 2015=1002006: 112.6 Index, 2015=1002007: 112.7 Index, 2015=1002008: 114.6 Index, 2015=1002009: 112.9 Index, 2015=1002010: 119 Index, 2015=1002011: 120.2 Index, 2015=1002012: 118.6 Index, 2015=1002013: 116.5 Index, 2015=1002014: 109.8 Index, 2015=1002015: 100 Index, 2015=1002016: 102.3 Index, 2015=1002017: 103.7 Index, 2015=1002018: 103.8 Index, 2015=1002019: 101 Index, 2015=1002020: 94.3 Index, 2015=1002021: 100.2 Index, 2015=1002022: 97.6 Index, 2015=1002023: 88.2 Index, 2015=1002024: 86.6 Index, 2015=1002025: 86.8 Index, 2015=100

Source: Eurostat. Measured in Index, 2015=100.

Analysis

The most recent figure for real effective exchange rate - percentage changes, 42 trading partners in Norway is 86.83 Index, 2015=100, measured in 2025.

Compared with earlier readings it is up 0.3% on the previous year and down 13.2% over ten years.

Over the whole period, real effective exchange rate - percentage changes, 42 trading partners in Norway peaked at 120.2 Index, 2015=100 in 2011 and was at its lowest, 86.59 Index, 2015=100, in 2024.

That places Norway 49th out of 55 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 32 years of available data.

Real effective exchange rate - percentage changes, 42 trading partners in Norway, year by year

Annual values for Real effective exchange rate - percentage changes, 42 trading partners in Norway, 1994 to 2025.
Year Index, 2015=100 Change
1994 110 Index, 2015=100 —
1995 113.18 Index, 2015=100 +2.9%
1996 111.6 Index, 2015=100 -1.4%
1997 110.47 Index, 2015=100 -1.0%
1998 106.81 Index, 2015=100 -3.3%
1999 107.78 Index, 2015=100 +0.9%
2000 105.43 Index, 2015=100 -2.2%
2001 107.75 Index, 2015=100 +2.2%
2002 115.97 Index, 2015=100 +7.6%
2003 114.98 Index, 2015=100 -0.9%
2004 109.84 Index, 2015=100 -4.5%
2005 113.3 Index, 2015=100 +3.2%
2006 112.56 Index, 2015=100 -0.7%
2007 112.67 Index, 2015=100 +0.1%
2008 114.61 Index, 2015=100 +1.7%
2009 112.9 Index, 2015=100 -1.5%
2010 118.99 Index, 2015=100 +5.4%
2011 120.2 Index, 2015=100 +1.0%
2012 118.61 Index, 2015=100 -1.3%
2013 116.49 Index, 2015=100 -1.8%
2014 109.79 Index, 2015=100 -5.8%
2015 100 Index, 2015=100 -8.9%
2016 102.25 Index, 2015=100 +2.3%
2017 103.67 Index, 2015=100 +1.4%
2018 103.78 Index, 2015=100 +0.1%
2019 101 Index, 2015=100 -2.7%
2020 94.34 Index, 2015=100 -6.6%
2021 100.22 Index, 2015=100 +6.2%
2022 97.63 Index, 2015=100 -2.6%
2023 88.21 Index, 2015=100 -9.6%
2024 86.59 Index, 2015=100 -1.8%
2025 86.83 Index, 2015=100 +0.3%

Norway compared with similar countries

  • Norway's 86.83 Index, 2015=100 is below the median for Europe & Central Asia, which is 105.3 Index, 2015=100, 82% of the median. (30 countries reporting)
  • Norway's 86.83 Index, 2015=100 is below the median for high income countries, which is 105.28 Index, 2015=100, 82% of the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 109.97 Index, 2015=100 106.81 Index, 2015=100 113.18 Index, 2015=100 6
2000s 112 Index, 2015=100 105.43 Index, 2015=100 115.97 Index, 2015=100 10
2010s 109.48 Index, 2015=100 100 Index, 2015=100 120.2 Index, 2015=100 10
2020s 92.3 Index, 2015=100 86.59 Index, 2015=100 100.22 Index, 2015=100 6

Countries ranked near Norway

  1. 46 Canada 94.12 Index, 2015=100 compare
  2. 47 Sweden 92.9 Index, 2015=100 compare
  3. 48 Brazil 88.21 Index, 2015=100 compare
  4. 50 South Korea 86.64 Index, 2015=100 compare
  5. 50 South Korea 86.64 Index, 2015=100 compare
  6. 52 China 83.93 Index, 2015=100 compare
  7. 52 China 83.93 Index, 2015=100 compare

See the full ranking of 58 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is real effective exchange rate - percentage changes, 42 trading partners in Norway?
Real effective exchange rate - percentage changes, 42 trading partners in Norway was 86.83 Index, 2015=100 in 2025, according to Eurostat.
What is the highest real effective exchange rate - percentage changes, 42 trading partners recorded in Norway?
The highest recorded value was 120.2 Index, 2015=100 in 2011.
What is the lowest real effective exchange rate - percentage changes, 42 trading partners recorded in Norway?
The lowest recorded value was 86.59 Index, 2015=100 in 2024.
How does Norway rank for real effective exchange rate - percentage changes, 42 trading partners?
Norway ranks 49th out of 55 countries with data for 2025.
Is real effective exchange rate - percentage changes, 42 trading partners rising or falling in Norway?
Over the last ten years it is down 13.2%. The long-run trend across the full record is falling.
Where does this Norway data come from?
The figures come from Eurostat, published as part of Real effective exchange rate - percentage changes, 42 trading partners. Statizoid updates them automatically from the source API.

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Real effective exchange rate - percentage changes, 42 trading partners in Norway. Statizoid, drawing on Eurostat. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/real-effective-exchange-rate-percentage-changes-42-trading-partners/norway/

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About this data

Indicator
Real effective exchange rate - percentage changes, 42 trading partners
Unit
Index, 2015=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
58 places, 1,856 data points, 1994–2025
Last refreshed