Norwegian Krone Inflation Calculator

kr 100.00 in 1870 has the same buying power as kr 9,305 in 2026.

kr 9,305kr 100.00 in 1870 is now
9,205.14%Cumulative inflation
2.95%Average per year
157Years of data

Convert Norwegian Krone between any two years

Calculate inflation

Results

kr 100.00 in 2001 is worth kr 183.05 in 2026

Annual inflation rate 2.45%
Cumulative inflation 83.05%

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Inflation in Norway

Norway's economy is shaped by oil and gas, which the country began producing in the 1970s. Petroleum revenues are channelled into the Government Pension Fund Global — the world's largest sovereign wealth fund — partly to insulate the domestic economy from the inflationary effects of a resource boom.

Norwegian inflation was high in the 1970s and 1980s, then settled after Norges Bank adopted a formal inflation target in 2001. The krone's exposure to oil prices remains a significant driver of imported inflation.

Norges Bank targets 2% inflation over time.

Norway CPI and inflation rate by year

The full annual series behind this calculator, from 1870 to 2026. The final column shows what kr 100.00 in that year is worth in 2026 money.

Norway consumer price index and annual inflation, 1870–2026
Year CPI index Inflation kr 100.00 then, in 2026
2026142.263.30%kr 100.00
2025137.723.06%kr 103.30
2024133.633.15%kr 106.46
2023129.565.52%kr 109.80
2022122.785.76%kr 115.86
2021116.093.48%kr 122.54
2020112.181.29%kr 126.81
2019110.762.17%kr 128.44
2018108.412.76%kr 131.23
2017105.491.88%kr 134.86
2016103.553.55%kr 137.38
2015100.002.17%kr 142.26
201497.882.04%kr 145.35
201395.922.12%kr 148.32
201293.920.70%kr 151.46
201193.281.28%kr 152.52
201092.092.42%kr 154.48
200989.922.20%kr 158.21
200887.983.75%kr 161.69
200784.800.71%kr 167.76
200684.202.33%kr 168.96
200582.281.53%kr 172.89
200481.040.45%kr 175.54
200380.672.49%kr 176.34
200278.721.29%kr 180.73
200177.723.00%kr 183.05
200075.453.09%kr 188.55
199973.192.37%kr 194.37
199871.502.25%kr 198.97
199769.922.57%kr 203.45
199668.171.26%kr 208.67
199567.332.46%kr 211.31
199465.711.38%kr 216.50
199364.822.29%kr 219.48
199263.372.33%kr 224.50
199161.923.44%kr 229.73
199059.874.13%kr 237.63
198957.494.55%kr 247.45
198854.996.68%kr 258.70
198751.558.72%kr 275.97
198647.427.18%kr 300.02
198544.245.71%kr 321.56
198441.856.22%kr 339.93
198339.408.47%kr 361.07
198236.3311.34%kr 391.63
198132.6213.64%kr 436.05
198028.7110.88%kr 495.54
197925.894.51%kr 549.45
197824.778.16%kr 574.23
197722.909.10%kr 621.09
197620.999.16%kr 677.64
197519.2311.69%kr 739.72
197417.229.41%kr 826.19
197315.747.42%kr 903.94
197214.657.26%kr 971.01
197113.666.22%kr 1,041
197012.8610.64%kr 1,106
196911.622.96%kr 1,224
196811.293.45%kr 1,260
196710.914.58%kr 1,304
196610.433.25%kr 1,363
196510.114.19%kr 1,408
19649.705.87%kr 1,467
19639.162.47%kr 1,553
19628.945.27%kr 1,591
19618.492.16%kr 1,675
19608.310.36%kr 1,711
19598.282.19%kr 1,717
19588.114.88%kr 1,755
19577.732.75%kr 1,840
19567.523.77%kr 1,891
19557.250.85%kr 1,962
19547.194.43%kr 1,979
19536.882.02%kr 2,067
19526.759.00%kr 2,109
19516.1915.84%kr 2,299
19505.345.24%kr 2,663
19495.080.12%kr 2,802
19485.07-0.68%kr 2,806
19475.110.50%kr 2,787
19465.082.49%kr 2,800
19454.961.81%kr 2,870
19444.871.23%kr 2,922
19434.812.45%kr 2,958
19424.696.00%kr 3,030
19414.4317.21%kr 3,212
19403.7816.69%kr 3,765
19393.241.27%kr 4,394
19383.203.31%kr 4,450
19373.097.12%kr 4,597
19362.892.60%kr 4,924
19352.822.20%kr 5,052
19342.760.24%kr 5,163
19332.75-1.44%kr 5,176
19322.79-2.11%kr 5,101
19312.85-5.34%kr 4,993
19303.01-2.78%kr 4,727
19293.10-4.43%kr 4,595
19283.24-6.80%kr 4,392
19273.48-9.55%kr 4,093
19263.84-15.32%kr 3,702
19254.541.84%kr 3,135
19244.469.40%kr 3,193
19234.07-5.47%kr 3,493
19224.31-16.68%kr 3,302
19215.17-7.61%kr 2,751
19205.6016.53%kr 2,542
19194.806.94%kr 2,962
19184.4940.49%kr 3,167
19173.2024.24%kr 4,450
19162.5719.17%kr 5,528
19152.1614.44%kr 6,588
19141.891.12%kr 7,540
19131.873.79%kr 7,625
19121.806.19%kr 7,914
19111.692.05%kr 8,404
19101.663.62%kr 8,576
19091.60-2.77%kr 8,887
19081.65-0.25%kr 8,641
19071.652.49%kr 8,619
19061.61-0.68%kr 8,834
19051.622.98%kr 8,773
19041.57-0.44%kr 9,035
19031.582.32%kr 8,996
19021.550.90%kr 9,205
19011.53-1.95%kr 9,288
19001.564.24%kr 9,107
18991.505.34%kr 9,493
18981.422.79%kr 10,000
18971.38-1.76%kr 10,280
18961.412.00%kr 10,098
18951.380.00%kr 10,300
18941.38-2.72%kr 10,300
18931.42-5.17%kr 10,020
18921.50-1.54%kr 9,502
18911.524.76%kr 9,355
18901.451.45%kr 9,800
18891.431.47%kr 9,942
18881.410.79%kr 10,088
18871.40-2.22%kr 10,168
18861.43-3.99%kr 9,942
18851.49-4.26%kr 9,546
18841.56-3.84%kr 9,139
18831.620.86%kr 8,788
18821.600.35%kr 8,864
18811.600.17%kr 8,895
18801.603.68%kr 8,910
18791.54-6.30%kr 9,238
18781.64-4.80%kr 8,656
18771.730.81%kr 8,240
18761.71-2.75%kr 8,307
18751.76-1.92%kr 8,078
18741.805.18%kr 7,923
18731.714.13%kr 8,333
18721.646.17%kr 8,677
18711.541.00%kr 9,213
18701.53kr 9,305

Download this series as JSON

Norway inflation FAQ

What is the current inflation rate in Norway?
Norway inflation was 3.30% in 2026, the most recent year in this dataset, measured as the change in the annual average consumer price index from 2025. Norges Bank targets 2% inflation over time.
How much has Norwegian Krone lost in value since 1870?
kr 100.00 in 1870 has the same purchasing power as kr 9,305 in 2026. That is cumulative inflation of 9,205.14% over 156 years, an average of 2.95% per year.
What years does this Norway inflation calculator cover?
This calculator covers 157 years, from 1870 to 2026. You can convert an amount between any two years in that range.
Can Norwegian Krone inflation be negative?
Yes. Negative inflation, or deflation, means prices fell and Norwegian Krone gained purchasing power over that year. Norway recorded deflation in 29 of the 156 years measured here, most recently in 1948. The steepest fall was -16.68% in 1922.
What is the difference between CPI and the inflation rate?
The consumer price index (CPI) is a level: it measures the cost of a fixed basket of goods and services in a given year. The inflation rate is the percentage change in that level between two periods. This calculator uses the ratio of CPI values for your two chosen years to convert an amount between them.

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