Price level ratio of PPP conversion factor (GDP) to market exchange in Norway
Norway: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.8592 in 2024. ▼ Falling
Price level ratio of PPP conversion factor (GDP) to market exchange in Norway, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
Norway recorded 0.8592 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024. That is the lowest value across all 35 years on record.
Compared with earlier readings it is down 1.4% on the previous year and down 41.6% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Norway peaked at 1.62 in 2011 and was at its lowest, 0.8592, in 2024.
That places Norway 23rd out of 202 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 1.53 | — |
| 1991 | 1.46 | -4.5% |
| 1992 | 1.48 | +1.3% |
| 1993 | 1.3 | -12.5% |
| 1994 | 1.27 | -1.7% |
| 1995 | 1.43 | +12.5% |
| 1996 | 1.39 | -2.9% |
| 1997 | 1.28 | -8.0% |
| 1998 | 1.23 | -3.6% |
| 1999 | 1.19 | -3.6% |
| 2000 | 1.03 | -13.3% |
| 2001 | 1.02 | -1.2% |
| 2002 | 1.13 | +11.2% |
| 2003 | 1.3 | +14.5% |
| 2004 | 1.35 | +4.2% |
| 2005 | 1.4 | +3.3% |
| 2006 | 1.37 | -2.1% |
| 2007 | 1.52 | +11.2% |
| 2008 | 1.57 | +3.2% |
| 2009 | 1.44 | -8.0% |
| 2010 | 1.51 | +4.8% |
| 2011 | 1.62 | +7.0% |
| 2012 | 1.55 | -4.1% |
| 2013 | 1.54 | -1.1% |
| 2014 | 1.47 | -4.2% |
| 2015 | 1.23 | -16.4% |
| 2016 | 1.2 | -2.9% |
| 2017 | 1.18 | -1.4% |
| 2018 | 1.18 | -0.0% |
| 2019 | 1.08 | -8.6% |
| 2020 | 1.02 | -5.5% |
| 2021 | 1.05 | +2.7% |
| 2022 | 0.8873 | -15.2% |
| 2023 | 0.8712 | -1.8% |
| 2024 | 0.8592 | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.36 | 1.19 | 1.53 | 10 |
| 2000s | 1.31 | 1.02 | 1.57 | 10 |
| 2010s | 1.36 | 1.08 | 1.62 | 10 |
| 2020s | 0.9364 | 0.8592 | 1.05 | 5 |
Countries ranked near Norway
- 20 United States Virgin Islands 0.8901 compare
- 21 New Zealand 0.8848 compare
- 22 United Kingdom 0.8683 compare
- 24 Finland 0.8299 compare
- 25 Canada 0.8292 compare
- 26 Ireland 0.8181 compare
More population data for Norway
- Population regions with projections, annual growth rate -0.2322 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.32 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2322 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1866 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 6,368 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.6612 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.1496 % change on previous year (2100)
- World population growth -0.2% (2100)
- Population density 14.86 people per km² (2100)
- Number of children under 5, by world region 224,990 people (2100)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Norway?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Norway was 0.8592 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Norway?
- The highest recorded value was 1.62 in 2011.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Norway?
- The lowest recorded value was 0.8592 in 2024.
- How does Norway rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Norway ranks 23rd out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Norway?
- Over the last ten years it is down 41.6%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release