Real effective exchange rate (REER), Index (2010=100) Adjusted by in Norway

Norway: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 80.83 in 2025. ▲ Rising

Latest (2025)
80.83
Change on year
up 4.7%
World rank
18th
of 24 countries
All-time high
108.4
in 2012
All-time low
55.39
in 1993
Years of data
36
1990–2025

Real effective exchange rate (REER), Index (2010=100) Adjusted by in Norway, 1990–2025

02550751001990200720251990: 56.81991: 55.71992: 55.81993: 55.41994: 57.81995: 61.81996: 621997: 65.71998: 65.51999: 70.12000: 71.12001: 73.62002: 82.62003: 78.92004: 76.42005: 822006: 89.42007: 962008: 97.32009: 92.42010: 1002011: 106.62012: 108.42013: 107.62014: 1032015: 90.52016: 84.52017: 84.32018: 83.92019: 83.42020: 72.42021: 82.12022: 842023: 762024: 77.22025: 80.8

Source: International Monetary Fund.

Analysis

In 2025, real effective exchange rate (reer), index (2010=100) adjusted by in Norway stood at 80.83.

The figure is up 4.7% on the previous year and down 10.7% over ten years.

Over the whole period, real effective exchange rate (reer), index (2010=100) adjusted by in Norway peaked at 108.4 in 2012 and was at its lowest, 55.39, in 1993.

That places Norway 18th out of 24 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Real effective exchange rate (REER), Index (2010=100) Adjusted by in Norway, year by year

Annual values for Real effective exchange rate (REER), Index (2010=100) Adjusted by relative unit labor costs (advanced economies only) in Norway, 1990 to 2025.
Year Value Change
1990 56.75
1991 55.67 -1.9%
1992 55.82 +0.3%
1993 55.39 -0.8%
1994 57.8 +4.4%
1995 61.75 +6.8%
1996 62.05 +0.5%
1997 65.74 +6.0%
1998 65.54 -0.3%
1999 70.07 +6.9%
2000 71.14 +1.5%
2001 73.61 +3.5%
2002 82.61 +12.2%
2003 78.93 -4.5%
2004 76.38 -3.2%
2005 81.96 +7.3%
2006 89.39 +9.1%
2007 96.01 +7.4%
2008 97.27 +1.3%
2009 92.36 -5.0%
2010 100 +8.3%
2011 106.62 +6.6%
2012 108.4 +1.7%
2013 107.61 -0.7%
2014 102.98 -4.3%
2015 90.49 -12.1%
2016 84.51 -6.6%
2017 84.26 -0.3%
2018 83.94 -0.4%
2019 83.37 -0.7%
2020 72.45 -13.1%
2021 82.14 +13.4%
2022 83.99 +2.3%
2023 75.96 -9.6%
2024 77.18 +1.6%
2025 80.83 +4.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 60.66 55.39 70.07 10
2000s 83.97 71.14 97.27 10
2010s 95.22 83.37 108.4 10
2020s 78.76 72.45 83.99 6

Countries ranked near Norway

  1. 15 Australia 87.92 compare
  2. 16 Spain 87.61 compare
  3. 17 France 84.21 compare
  4. 19 Sweden 79.23 compare
  5. 20 Ireland 78.88 compare
  6. 21 Canada 77.93 compare

See the full ranking of 25 places →

More work & labour data for Norway

All data for Norway →

Frequently asked questions

What is real effective exchange rate (reer), index (2010=100) adjusted by in Norway?
Real effective exchange rate (reer), index (2010=100) adjusted by in Norway was 80.83 in 2025, according to International Monetary Fund.
What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Norway?
The highest recorded value was 108.4 in 2012.
What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Norway?
The lowest recorded value was 55.39 in 1993.
How does Norway rank for real effective exchange rate (reer), index (2010=100) adjusted by?
Norway ranks 18th out of 24 countries with data for 2025.
Is real effective exchange rate (reer), index (2010=100) adjusted by rising or falling in Norway?
Over the last ten years it is down 10.7%. The long-run trend across the full record is rising.
Where does this Norway data come from?
The figures come from International Monetary Fund, published as part of Real effective exchange rate (REER), Index (2010=100) Adjusted by relative unit labor costs (advanced economies only). Statizoid updates them automatically from the source API.

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Real effective exchange rate (REER), Index (2010=100) Adjusted by in Norway. Statizoid, drawing on International Monetary Fund. Retrieved 28 August 2026, from https://labour.statizoid.com/stat/real-effective-exchange-rate-reer-index-2010-100-adjusted-by-relative-unit-labor-costs/norway/

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About this data

Indicator
Real effective exchange rate (REER), Index (2010=100) Adjusted by relative unit labor costs (advanced economies only)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
25 places, 900 data points, 1990–2025
Last refreshed

The Effective Exchange Rate (EER) dataset includes annual, quarterly and monthly nominal and real effective exchange rates by economy. Nominal effective exchange rates (NEERs) measure the value of a country's currency in relation to a weighted average of the currency values of their major trading partners. Real effective exchange rates (REERs) adjust the NEER to account for a country's inflation rate in relation to the weighted inflation rate of their major trading partners. The IMF publishes NEERs and REERs for approximately 90 IMF member countries that account for the vast share of global international trade. These statistics help policymakers and analysts assess the competitiveness of a country's exports, monitor currency trends, evaluate the impact of exchange rate changes on trade flows, and inform decisions regarding monetary policy, exchange rate management, and international trade. The EERs are calculated by IMF staff using exchange rate information, consumer price indexes received from national authorities and international trade weights. These weights are calculated as three-year averages of annual data available from official sources on trade, tourism and manufacturing collected from the United Nations (UN), Organization for Economic Co-operation and Development (OECD), World Bank, World Tourism Organization (UNWTO), United Nations Industrial Development Organization (UNIDO).