Norway Forecast: Consumer Price Index Growth

1980 - 2029 | Yearly | % | International Monetary Fund

Key information about Norway Consumer Price Index Growth Forecast

  • Norway Consumer Price Index Growth is forecasted to be 3.259 % in Dec 2024 as reported by International Monetary Fund
  • It records remained the same from the last reported number of 5.518 % in Dec 2023
  • Looking ahead, Norway Consumer Price Index Growth is projected to stand at 2.000 % in Dec 2029
  • 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 2029 in the chart:

Norway Forecast: Consumer Price Index Growth

What is Norway's Forecast: Consumer Price Index Growth in 2029?

Norway Consumer Price Index Growth is forecasted to be 3.259 % 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 2029 2.000 2028 0.454 2004 13.643 1981 % yearly 1980 - 2029

Forecast: Consumer Price Index Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) -7.714 2023 yearly 2003 - 2023
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 2029 yearly 1987 - 2029
Australia (%) 2.574 2028 yearly 1980 - 2028
Austria (%) 2.059 2029 yearly 1980 - 2029
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 2029 yearly 1980 - 2029
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 (%) 1.982 2029 yearly 1980 - 2029
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 2029 yearly 1980 - 2029
India (%) 4.000 2029 yearly 1980 - 2029
Indonesia (%) 2.461 2028 yearly 1980 - 2028
Iran (%) 25.000 2028 yearly 1980 - 2028
Iraq (%) 2.000 2028 yearly 2005 - 2028
Ireland (%) 2.000 2029 yearly 1980 - 2029
Israel (%) 2.085 2028 yearly 1980 - 2028
Italy (%) 2.000 2029 yearly 1980 - 2029
Ivory Coast (%) 2.000 2028 yearly 1980 - 2028
Jamaica (%) 5.000 2028 yearly 1980 - 2028
Japan (%) 2.016 2029 yearly 1980 - 2029
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 2029 yearly 1980 - 2029
Kosovo (%) 2.000 2029 yearly 2001 - 2029
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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Norway Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 13.7 Jun 2024 quarterly Dec 2002 - Jun 2024
Consolidated Fiscal Balance (USD mn) 19,728.007 Jun 2024 quarterly Mar 2002 - Jun 2024
Tax Revenue (USD mn) 37,734.050 Jun 2024 quarterly Mar 2002 - Jun 2024
Tax Revenue: % of GDP (%) 31.3 Jun 2024 quarterly Mar 2002 - Jun 2024
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) 3,010.754 2029 yearly 1980 - 2029
Forecast: Government Net Debt (NOK bn) 2,401.942 2029 yearly 1980 - 2029
Forecast: Government Revenue (NOK bn) 3,428.365 2029 yearly 1980 - 2029
General Govt Taxes: GS: Value Added Tax (NOK mn) 381,500.000 2023 yearly 1995 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.489 2029 yearly 1980 - 2029
Trade Balance (USD mn) 4,024.9 Sep 2024 monthly Jan 1957 - Sep 2024
Total Exports (USD mn) 12,423.9 Sep 2024 monthly Jan 1975 - Sep 2024
Total Exports Growth (%) -2.7 Sep 2024 monthly Jan 1976 - Sep 2024
Aluminum: Exports (USD th) 4,581,890.806 2023 yearly 1995 - 2023
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) 8,399.0 Sep 2024 monthly Jan 1976 - Sep 2024
Total Imports Growth (%) 1.2 Sep 2024 monthly Jan 1977 - Sep 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) 491.516 Sep 2024 monthly Jan 1988 - Sep 2024
Total Imports from USA (USD mn) 695.377 Sep 2024 monthly Apr 1963 - Sep 2024
Total Exports to China (USD mn) 261.054 Sep 2024 monthly Mar 1977 - Sep 2024
Total Imports from China (USD mn) 1,041.058 Sep 2024 monthly Apr 1963 - Sep 2024
Exports: Crude Oil (NOK mn) 37,037.000 Sep 2024 monthly Jan 1974 - Sep 2024
Imports (NOK mn) 89,219.000 Sep 2024 monthly Jan 1976 - Sep 2024
Exports (NOK mn) 131,974.000 Sep 2024 monthly Jan 1975 - Sep 2024
Exports: United Kingdom (NOK th) 20,415,199.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: Netherlands (NOK th) 15,793,580.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: Sweden (NOK th) 9,590,560.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: Germany (NOK th) 17,808,581.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: France (NOK th) 10,981,047.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: 1-Digit: Chemical and Related Product (NOK th) 6,777,097.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: 1-Digit: Food and Live Animals (NOK th) 17,210,637.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: 1-Digit: Manufactured Goods (NOK th) 11,126,168.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 79,641,867.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 10,034,488.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: Denmark (NOK th) 4,403,127.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: China (NOK th) 11,058,741.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: Sweden (NOK th) 9,408,931.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: United Kingdom (NOK th) 3,925,293.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: Germany (NOK th) 9,948,310.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: 1-Digit: Miscellaneous Manufactured Goods (NOK th) 12,894,130.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: 1-Digit: Machinery and Transport Equipment (NOK th) 33,295,690.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: 1-Digit: Chemical and Related Product (NOK th) 9,884,371.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: 1-Digit: Crude Material and Inedible (NOK th) 4,788,340.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: 1-Digit: Manufactured Goods (NOK th) 11,977,073.000 Sep 2024 monthly Jan 1988 - Sep 2024
Import Volume Index: sa: Animal and Vegetable Oil and Fats (2000=100) 352.300 Jun 2024 quarterly Mar 1989 - Jun 2024
Import Volume Index: sa: Beverages and Tobacco (2000=100) 265.000 Jun 2024 quarterly Mar 1989 - Jun 2024
Import Volume Index: sa: Miscellaneous Manufactured Goods (2000=100) 148.900 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: Animal and Vegetable Oil and Fats (2000=100) 473.100 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: sa: Machinery and Transport Equipment (2000=100) 198.500 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: sa: Food and Live Animals (2000=100) 192.300 Jun 2024 quarterly Mar 1989 - Jun 2024
Import Volume Index: Food and Live Animals (2000=100) 187.600 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: Miscellaneous Manufactured Goods (2000=100) 153.300 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: Beverages and Tobacco (2000=100) 254.900 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: Machinery and Transport Equipment (2000=100) 190.300 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index (2000=100) 182.800 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: sa (2000=100) 178.100 Jun 2024 quarterly Mar 1989 - Jun 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -1,670.8 Mar 2024 quarterly Mar 1994 - Mar 2024
Current Account Balance (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
Current Account Balance: % of GDP (%) 17.9 Jun 2024 quarterly Mar 1981 - Jun 2024
Foreign Direct Investment (USD mn) -6,577.9 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Direct Investment: % of GDP (%) -0.9 Dec 2022 quarterly Mar 2005 - Dec 2022
Foreign Portfolio Investment (USD mn) 124.777 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.1 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -4,093.2 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 4,217.973 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt (USD mn) 745,543.8 Jun 2024 quarterly Mar 2003 - Jun 2024
External Debt: % of GDP (%) 151.9 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 291,774.2 Sep 2023 quarterly Mar 2012 - Sep 2023
External Debt: Short Term: % of GDP (%) 51.9 2022 yearly 2012 - 2022
Total Debt: % of GDP (%) 607.6 Mar 2024 quarterly Dec 1995 - Mar 2024
Forecast: Current Account Balance (USD bn) 36.259 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 1,651,799.788 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Financial Account (FA): Foreign Assets (NOK mn) 245,308.000 Jun 2024 quarterly Mar 2005 - Jun 2024
BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) -17,589.000 Mar 2024 quarterly Mar 2005 - Mar 2024
BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) 65,240.000 Mar 2024 quarterly Mar 2005 - Mar 2024
BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) -70,746.000 Jun 2024 quarterly Mar 2005 - Jun 2024
BoP: FA: Foreign Assets: Other Investments (NOK mn) 111,790.000 Mar 2024 quarterly Mar 2005 - Mar 2024
BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) 1,342.000 Jun 2024 quarterly Mar 2005 - Jun 2024
BoP: FA: Foreign Liabilities (NOK mn) -157,603.000 Jun 2024 quarterly Mar 2005 - Jun 2024
BoP: FA: Foreign Assets: Reserve Assets (NOK mn) 10,026.000 Jun 2024 quarterly Mar 2005 - Jun 2024
BoP: FA: Foreign Liabilities: Other Investments (NOK mn) -88,199.000 Jun 2024 quarterly Mar 2005 - Jun 2024
BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 94,695.000 Jun 2024 quarterly Mar 1981 - Jun 2024
BoP: BI: Net Current Transfers (NOK mn) -14,463.000 Jun 2024 quarterly Mar 1981 - Jun 2024
BoP: Current Account Balance (NOK mn) 231,839.000 Jun 2024 quarterly Mar 1981 - Jun 2024
IIP: Foreign Assets (NOK mn) 28,474,721.000 Jun 2024 quarterly Mar 2012 - Jun 2024
IIP: Foreign Liabilities (NOK mn) 10,865,379.000 Jun 2024 quarterly Mar 2012 - Jun 2024
Gross External Debt (NOK mn) 7,948,019.000 Jun 2024 quarterly Mar 2012 - Jun 2024
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) 2,030,770.000 2023 yearly 2004 - 2023
Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 7,402.000 2023 yearly 1998 - 2023
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 96,245.000 2023 yearly 1998 - 2023
Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 19,104.000 2023 yearly 2004 - 2023
Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 205,055.000 2023 yearly 1998 - 2023
Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 295,556.000 2023 yearly 1998 - 2023
Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
No of Bankruptcies: SIC 2007 (Unit) 939.000 Sep 2024 quarterly Mar 2006 - Sep 2024
No of New Registered Enterprises (Unit) 15,258.000 Jun 2024 quarterly Mar 2001 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 2022 yearly 1990 - 2022
Household Debt: % of GDP (%) 93.5 Mar 2024 quarterly Dec 1995 - Mar 2024
Money Supply M1 (USD mn) 260,968.119 Aug 2024 monthly Dec 1992 - Aug 2024
Money Supply M2 (USD mn) 302,187.675 Sep 2024 monthly Dec 1992 - Sep 2024
M2 Growth (%) 2.6 Sep 2024 monthly Dec 1993 - Sep 2024
Reserve Requirement Ratio (%) 3.5 Oct 2024 monthly Oct 2011 - Oct 2024
Foreign Exchange Reserves (USD mn) 80,110.3 Sep 2024 monthly Jan 1999 - Sep 2024
Foreign Exchange Reserves: % of GDP (%) 15.574 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 9.5 Sep 2024 monthly Jan 1999 - Sep 2024
Gold Reserves (USD mn) 0.000 Sep 2024 monthly Dec 1959 - Sep 2024
Total Deposits (USD mn) 472,101.582 Aug 2024 monthly May 2009 - Aug 2024
Total Deposits Growth (%) 1.4 Aug 2024 monthly May 2010 - Aug 2024
Domestic Credit (USD mn) 707,393.3 Sep 2024 monthly Dec 1985 - Sep 2024
Domestic Credit Growth (%) 3.5 Sep 2024 monthly Dec 1986 - Sep 2024
Debt Service Ratio: Households (%) 20.400 Dec 2023 quarterly Mar 1999 - Dec 2023
Debt Service Ratio: Private Non-Financial Sector (%) 34.900 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 435.760 Dec 2023 quarterly Mar 1975 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 1,155.120 Dec 2023 quarterly Dec 1953 - Dec 2023
Household Debt (USD mn) 436,819.7 Mar 2024 quarterly Dec 1995 - Mar 2024
Total Loans (USD mn) 751,519.412 Jun 2024 monthly Mar 1996 - Jun 2024
Total Loans Growth (%) 2.59 Jun 2024 monthly Mar 1997 - Jun 2024
Private Debt: % of Nominal GDP (%) 119.61 Jun 2024 quarterly Mar 1996 - Jun 2024
Monetary Aggregates: M3: M2 (NOK mn) 3,184,907.000 Sep 2024 monthly Dec 1992 - Sep 2024
Monetary Aggregates: Base Money (NOK mn) 82,113.000 Sep 2024 monthly Jan 1900 - Sep 2024
Monetary Aggregates: M3: M2: M1 (NOK mn) 2,738,510.000 Sep 2024 monthly Dec 1992 - Sep 2024
Monetary Aggregates: M3: sa (NOK mn) 3,185,302.000 Sep 2024 monthly Jan 2008 - Sep 2024
Monetary Aggregates: M3 (NOK mn) 3,188,301.000 Sep 2024 monthly Jan 2008 - Sep 2024
Official Reserve Assets (NOK mn) 937,177.000 Sep 2024 monthly Jan 1999 - Sep 2024
Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 733,592.000 Sep 2024 monthly Jan 1999 - Sep 2024
Bank Deposits (NOK mn) 5,008,148.000 Aug 2024 monthly May 2009 - Aug 2024
Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
Loans: Banks (NOK mn) 4,924,332.000 Aug 2024 monthly Jan 1996 - Aug 2024
Domestic Debt C2 (NOK mn) 7,455,572.000 Sep 2024 monthly Dec 1985 - Sep 2024
Non Performing Loans Ratio: Enterprises (%) 0.500 2022 yearly 1990 - 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 9.8 Oct 2024 monthly Feb 2005 - Oct 2024
Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

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