Norway Forecast: Consumer Price Index Growth
1980 - 2028 | Yearly | % | International Monetary Fund
Key information about Norway Consumer Price Index Growth Forecast
- Norway Consumer Price Index Growth is forecasted to be 3.669 % in Dec 2024 as reported by International Monetary Fund
- It records remained the same from the last reported number of 5.826 % in Dec 2023
- Looking ahead, Norway Consumer Price Index Growth is projected to stand at 2.000 % in Dec 2028
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Consumer Price Index: Average Consumer Price: YoY
View Norway's Forecast: Consumer Price Index Growth from 1980 to 2028 in the chart:
What is Norway's Forecast: Consumer Price Index Growth in 2028?
Norway Consumer Price Index Growth is forecasted to be 3.669 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.000 2028 | 2.000 2027 | 0.454 2004 | 13.643 1981 | % | yearly | 1980 - 2028 |
Forecast: Consumer Price Index Growth by Country Comparison
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Includes Forecast: Consumer Price Index Growth on 195 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 13.709 2022 | yearly | 2003 - 2022 |
| Albania (%) | 3.024 2028 | yearly | 1990 - 2028 |
| Algeria (%) | 5.032 2028 | yearly | 1980 - 2028 |
| Andorra (%) | 1.700 2028 | yearly | 2002 - 2028 |
| Angola (%) | 8.890 2028 | yearly | 1980 - 2028 |
| Antigua and Barbuda (%) | 2.018 2028 | yearly | 1980 - 2028 |
| Argentina (%) | 32.469 2028 | yearly | 1998 - 2028 |
| Armenia (%) | 4.017 2028 | yearly | 1993 - 2028 |
| Aruba (%) | 1.998 2028 | yearly | 1987 - 2028 |
| Australia (%) | 2.574 2028 | yearly | 1980 - 2028 |
| Austria (%) | 2.007 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 4.000 2028 | yearly | 1993 - 2028 |
| Bahamas (%) | 1.982 2028 | yearly | 1980 - 2028 |
| Bahrain (%) | 2.003 2028 | yearly | 1980 - 2028 |
| Bangladesh (%) | 5.500 2028 | yearly | 1980 - 2028 |
| Barbados (%) | 2.427 2028 | yearly | 1980 - 2028 |
| Belarus (%) | 5.020 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 1.970 2028 | yearly | 1980 - 2028 |
| Belize (%) | 1.207 2028 | yearly | 1980 - 2028 |
| Benin (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Bhutan (%) | 3.960 2028 | yearly | 1980 - 2028 |
| Bolivia (%) | 3.500 2028 | yearly | 1980 - 2028 |
| Bosnia and Herzegovina (%) | 2.021 2028 | yearly | 1997 - 2028 |
| Botswana (%) | 4.500 2028 | yearly | 1980 - 2028 |
| Brazil (%) | 2.965 2028 | yearly | 1980 - 2028 |
| Brunei (%) | 1.000 2028 | yearly | 1982 - 2028 |
| Bulgaria (%) | 2.000 2028 | yearly | 1981 - 2028 |
| Burkina Faso (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Burundi (%) | 7.000 2028 | yearly | 1980 - 2028 |
| Cambodia (%) | 3.000 2028 | yearly | 1987 - 2028 |
| Cameroon (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Canada (%) | 1.968 2028 | yearly | 1980 - 2028 |
| Cape Verde (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Central African Republic (%) | 2.535 2028 | yearly | 1980 - 2028 |
| Chad (%) | 2.968 2028 | yearly | 1980 - 2028 |
| Chile (%) | 3.041 2028 | yearly | 1980 - 2028 |
| China (%) | 2.200 2028 | yearly | 1981 - 2028 |
| Colombia (%) | 2.960 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 1.967 2028 | yearly | 1980 - 2028 |
| Congo (%) | 3.000 2028 | yearly | 1980 - 2028 |
| Costa Rica (%) | 3.000 2028 | yearly | 1980 - 2028 |
| Croatia (%) | 2.079 2028 | yearly | 1993 - 2028 |
| Cyprus (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Czech Republic (%) | 2.000 2028 | yearly | 1996 - 2028 |
| Democratic Republic of Congo (%) | 6.000 2028 | yearly | 1980 - 2028 |
| Denmark (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Djibouti (%) | 2.500 2028 | yearly | 1992 - 2028 |
| Dominica (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Dominican Republic (%) | 4.033 2028 | yearly | 1980 - 2028 |
| Ecuador (%) | 1.543 2028 | yearly | 1980 - 2028 |
| Egypt (%) | 9.499 2028 | yearly | 1980 - 2028 |
| El Salvador (%) | 1.700 2028 | yearly | 1980 - 2028 |
| Equatorial Guinea (%) | 3.000 2028 | yearly | 1981 - 2028 |
| Eritrea (%) | 4.370 2028 | yearly | 1993 - 2028 |
| Estonia (%) | 2.500 2028 | yearly | 1994 - 2028 |
| Swaziland (%) | 4.406 2028 | yearly | 1980 - 2028 |
| Ethiopia (%) | 12.608 2028 | yearly | 1980 - 2028 |
| Fiji (%) | 2.500 2028 | yearly | 1980 - 2028 |
| Finland (%) | 2.000 2028 | yearly | 1980 - 2028 |
| France (%) | 1.557 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 2.662 2028 | yearly | 1980 - 2028 |
| Gambia (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Georgia (%) | 3.007 2028 | yearly | 1997 - 2028 |
| Germany (%) | 1.964 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 8.000 2028 | yearly | 1980 - 2028 |
| Greece (%) | 1.894 2028 | yearly | 1980 - 2028 |
| Grenada (%) | 1.999 2028 | yearly | 1980 - 2028 |
| Guatemala (%) | 3.970 2028 | yearly | 1980 - 2028 |
| Guinea (%) | 7.500 2028 | yearly | 1980 - 2028 |
| Guinea-Bissau (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Guyana (%) | 5.032 2028 | yearly | 1980 - 2028 |
| Haiti (%) | 9.726 2028 | yearly | 1980 - 2028 |
| Honduras (%) | 4.000 2028 | yearly | 1980 - 2028 |
| Hong Kong SAR, China (%) | 2.500 2028 | yearly | 1980 - 2028 |
| Hungary (%) | 3.057 2028 | yearly | 1980 - 2028 |
| Iceland (%) | 2.500 2028 | yearly | 1980 - 2028 |
| India (%) | 4.000 2028 | yearly | 1980 - 2028 |
| Indonesia (%) | 2.461 2028 | yearly | 1980 - 2028 |
| Iran (%) | 25.000 2028 | yearly | 1980 - 2028 |
| Iraq (%) | 2.000 2028 | yearly | 2005 - 2028 |
| Ireland (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Israel (%) | 2.085 2028 | yearly | 1980 - 2028 |
| Italy (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Jamaica (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Japan (%) | 1.610 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 2.489 2028 | yearly | 1980 - 2028 |
| Kazakhstan (%) | 4.698 2028 | yearly | 1993 - 2028 |
| Kenya (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Kiribati (%) | 1.800 2028 | yearly | 1980 - 2028 |
| South Korea (%) | 2.000 2028 | yearly | 1980 - 2028 |
| Kosovo (%) | 2.000 2028 | yearly | 2001 - 2028 |
| Kuwait (%) | 2.011 2028 | yearly | 1980 - 2028 |
| Kyrgyzstan (%) | 4.000 2028 | yearly | 1993 - 2028 |
| Laos (%) | 3.000 2028 | yearly | 1980 - 2028 |
| Latvia (%) | 2.479 2028 | yearly | 1993 - 2028 |
| Lebanon (%) | 84.880 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 5.500 2028 | yearly | 1980 - 2028 |
| Liberia (%) | 4.988 2028 | yearly | 1999 - 2028 |
| Libya (%) | 2.863 2028 | yearly | 1980 - 2028 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 16.3 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | 14,604.965 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Tax Revenue (USD mn) | 41,251.074 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Tax Revenue: % of GDP (%) | 32.6 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| National Government Debt (USD mn) | 224,382.7 2023 | yearly | 1995 - 2023 |
| Government Debt: % of GDP (%) | 44.3 2023 | yearly | 1995 - 2023 |
| Forecast: Government Expenditure (NOK bn) | 2,771.660 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (NOK bn) | 2,191.300 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (NOK bn) | 3,394.140 2028 | yearly | 1980 - 2028 |
| General Govt Taxes: GS: Value Added Tax (NOK mn) | 370,700.000 2022 | yearly | 1995 - 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.315 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 4,906.7 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Total Exports (USD mn) | 12,277.9 Feb 2024 | monthly | Jan 1975 - Feb 2024 |
| Total Exports Growth (%) | -21.3 Feb 2024 | monthly | Jan 1976 - Feb 2024 |
| Aluminum: Exports (USD th) | 6,135,979.913 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 448,682.646 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 277,185.408 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 7,371.2 Feb 2024 | monthly | Jan 1976 - Feb 2024 |
| Total Imports Growth (%) | -2.4 Feb 2024 | monthly | Jan 1977 - Feb 2024 |
| Imports: Medicament (USD th) | 1,781,332.513 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,061,381.998 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 449.730 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Total Imports from USA (USD mn) | 482.477 Feb 2024 | monthly | Apr 1963 - Feb 2024 |
| Total Exports to China (USD mn) | 220.004 Feb 2024 | monthly | Mar 1977 - Feb 2024 |
| Total Imports from China (USD mn) | 764.485 Feb 2024 | monthly | Apr 1963 - Feb 2024 |
| Exports: Crude Oil (NOK mn) | 37,242.000 Feb 2024 | monthly | Jan 1974 - Feb 2024 |
| Exports (NOK mn) | 129,608.000 Feb 2024 | monthly | Jan 1975 - Feb 2024 |
| Imports (NOK mn) | 77,812.000 Feb 2024 | monthly | Jan 1976 - Feb 2024 |
| Exports: United Kingdom (NOK th) | 23,248,251.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Exports: Netherlands (NOK th) | 12,977,337.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Exports: Germany (NOK th) | 22,026,793.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Exports: France (NOK th) | 7,495,122.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Exports: Sweden (NOK th) | 10,823,383.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Exports: 1-Digit: Machinery and Transport Equipment (NOK th) | 10,976,238.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) | 80,605,812.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Exports: 1-Digit: Manufactured Goods (NOK th) | 10,968,711.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Exports: 1-Digit: Chemical and Related Product (NOK th) | 6,735,434.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Exports: 1-Digit: Food and Live Animals (NOK th) | 13,532,875.000 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,229.3 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Current Account Balance (USD mn) | 27,310.5 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Current Account Balance: % of GDP (%) | 16.1 Sep 2023 | quarterly | Mar 1981 - Sep 2023 |
| Foreign Direct Investment (USD mn) | -566.7 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | -0.9 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Foreign Portfolio Investment (USD mn) | 11,218.004 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 8.9 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -1,029.3 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 12,247.320 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| External Debt (USD mn) | 772,516.8 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| External Debt: % of GDP (%) | 152.5 2023 | yearly | 2003 - 2023 |
| External Debt: Short Term (USD mn) | 291,620.9 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| External Debt: Short Term: % of GDP (%) | 51.9 2022 | yearly | 2012 - 2022 |
| Total Debt: % of GDP (%) | 589.0 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Forecast: Current Account Balance (USD bn) | 105.824 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | 1,509,953.566 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| BoP: Financial Account (FA): Foreign Assets (NOK mn) | 735,342.000 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| BoP: FA: Foreign Assets: Reserve Assets (NOK mn) | -26,664.000 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| BoP: FA: Foreign Liabilities: Other Investments (NOK mn) | 351,325.000 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) | 537,644.000 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) | 121,442.000 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) | 24,134.000 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| BoP: FA: Foreign Assets: Other Investments (NOK mn) | 200,228.000 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| BoP: FA: Foreign Liabilities (NOK mn) | 466,632.000 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) | 61,807.000 Jun 2023 | quarterly | Mar 1981 - Jun 2023 |
| BoP: BI: Net Current Transfers (NOK mn) | -24,571.000 Jun 2023 | quarterly | Mar 1981 - Jun 2023 |
| BoP: Current Account Balance (NOK mn) | 171,339.000 Jun 2023 | quarterly | Mar 1981 - Jun 2023 |
| BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) | -6,135.000 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| IIP: Foreign Liabilities (NOK mn) | 10,692,106.000 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| IIP: Foreign Assets (NOK mn) | 25,975,856.000 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| International Investment Position (IIP): Foreign Assets: Net (NOK mn) | 15,283,750.000 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Gross External Debt (NOK mn) | 7,819,415.000 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Gross Debt: External Loan Debt: General Public (NOK mn) | 1,222,575.000 Dec 2018 | quarterly | Dec 2015 - Dec 2018 |
| Foreign Direct Investment: Stock (NOK mn) | 1,542,388.000 2022 | yearly | 2004 - 2022 |
| Direct Investment Abroad: Stock: Equity Capital (NOK mn) | 1,701,383.000 2017 | yearly | 2004 - 2017 |
| Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) | 2,508.000 2022 | yearly | 1998 - 2022 |
| Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) | 84,769.000 2022 | yearly | 1998 - 2022 |
| Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) | 17,239.000 2022 | yearly | 2004 - 2022 |
| Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) | 203,949.000 2022 | yearly | 1998 - 2022 |
| Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) | 278,938.000 2022 | yearly | 1998 - 2022 |
| No of Bankruptcies: SIC 2007 (Unit) | 1,186.000 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| No of New Registered Enterprises (Unit) | 16,192.000 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.4 2022 | yearly | 1990 - 2022 |
| Household Debt: % of GDP (%) | 91.5 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Money Supply M1 (USD mn) | 247,743.328 Feb 2024 | monthly | Dec 1992 - Feb 2024 |
| Money Supply M2 (USD mn) | 287,449.590 Feb 2024 | monthly | Dec 1992 - Feb 2024 |
| M2 Growth (%) | -0.9 Feb 2024 | monthly | Dec 1993 - Feb 2024 |
| Reserve Requirement Ratio (%) | 3.5 Mar 2024 | monthly | Oct 2011 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 73,487.5 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.217 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 10.2 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Dec 1959 - Mar 2024 |
| Total Deposits (USD mn) | 468,775.087 Feb 2024 | monthly | May 2009 - Feb 2024 |
| Total Deposits Growth (%) | 1.2 Feb 2024 | monthly | May 2010 - Feb 2024 |
| Domestic Credit (USD mn) | 688,972.4 Feb 2024 | monthly | Dec 1985 - Feb 2024 |
| Domestic Credit Growth (%) | 3.5 Feb 2024 | monthly | Dec 1986 - Feb 2024 |
| Debt Service Ratio: Households (%) | 19.500 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 34.300 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Credit to Households (USD bn) | 414.690 Sep 2023 | quarterly | Mar 1975 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 1,108.913 Sep 2023 | quarterly | Dec 1953 - Sep 2023 |
| Household Debt (USD mn) | 463,793.2 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Total Loans (USD mn) | 776,042.482 Dec 2023 | monthly | Mar 1996 - Dec 2023 |
| Total Loans Growth (%) | 4.57 Dec 2023 | monthly | Mar 1997 - Dec 2023 |
| Private Debt: % of Nominal GDP (%) | 118.20 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Monetary Aggregates: Base Money (NOK mn) | 69,307.000 Feb 2024 | monthly | Jan 1900 - Feb 2024 |
| Official Reserve Assets (NOK mn) | 863,407.000 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
| Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) | 732,187.000 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Bank Deposits (NOK mn) | 4,972,813.000 Feb 2024 | monthly | May 2009 - Feb 2024 |
| Bank Deposits: Households (NOK mn) | 1,255,207.000 Jan 2019 | monthly | Dec 1989 - Jan 2019 |
| Loans: Banks (NOK mn) | 4,927,383.000 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
| Non Performing Loans Ratio: Enterprises (%) | 0.500 2022 | yearly | 1990 - 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 4.0 Mar 2024 | monthly | Feb 2005 - Mar 2024 |
| Purchasing Manager Index: sa (NA) | 56.310 Feb 2019 | monthly | Feb 2004 - Feb 2019 |
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