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

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

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

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

02550751001251994200920251994: 1101995: 113.21996: 111.61997: 110.51998: 106.81999: 107.82000: 105.42001: 107.82002: 1162003: 1152004: 109.82005: 113.32006: 112.62007: 112.72008: 114.62009: 112.92010: 1192011: 120.22012: 118.62013: 116.52014: 109.82015: 1002016: 102.32017: 103.72018: 103.82019: 1012020: 94.32021: 100.22022: 97.62023: 88.22024: 86.62025: 86.8

Source: Eurostat.

Analysis

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

Norway compared with similar countries

  • Norway's 86.83 is below the median for high income countries, which is 103.15, 84% of the median. (38 countries reporting)
  • Norway's 86.83 is below the median for Europe & Central Asia, which is 103.65, 84% of the median. (30 countries reporting)

Averages by decade

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

Countries ranked near Norway

  1. 46 Sweden 97.3 compare
  2. 47 Canada 94.12 compare
  3. 48 Brazil 88.21 compare
  4. 50 South Korea 86.64 compare
  5. 50 South Korea 86.64 compare
  6. 52 China 83.93 compare
  7. 52 China 83.93 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 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 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 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 14 November 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
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
58 places, 1,856 data points, 1994–2025
Last refreshed