Norway - Real Effective Exchange Rate 2021
83.09
−16.91 from 2020
Norway's real effective exchange rate was 83.09 in 2021, decreased +16.91 from 78.12 in 2020. This was the 10th highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 53.79 | -46.2% |
| 2nd | Colombia | 65.81 | -34.2% |
| 3rd | Zambia | 69.77 | 5.0% |
| 4th | Japan | 70.69 | -29.3% |
| 5th | Ghana | 74.27 | -0.5% |
| 6th | South Africa | 77.68 | -22.3% |
| 7th | Russian Federation | 79.43 | -20.6% |
| 8th | Mexico | 81.64 | -18.4% |
| 9th | Lesotho | 81.69 | 8.7% |
| 10th | Norway | 83.09 | -16.9% |
| 11th | Malaysia | 83.28 | -16.7% |
| 12th | Dominican Republic | 83.34 | 1.5% |
| 13th | Canada | 84.76 | -15.2% |
| 14th | Tunisia | 85.85 | 0.8% |
| 15th | Hungary | 86.10 | -13.9% |
| 16th | Algeria | 86.80 | -13.2% |
| 17th | Chile | 87.50 | -12.5% |
| 18th | Greece | 87.67 | -12.3% |
| 19th | Cyprus | 87.68 | -12.3% |
| 20th | Ireland | 88.22 | -11.8% |
| 21st | Peru | 88.24 | -11.8% |
| 22nd | Türkiye | 89.89 | -10.1% |
| 23rd | Malawi | 90.18 | -4.7% |
| 24th | Sweden | 90.28 | -9.7% |
| 25th | Australia | 90.54 | -9.5% |
| 26th | Georgia | 91.17 | 1.8% |
| 27th | Poland | 92.59 | -7.4% |
| 28th | Grenada | 92.86 | -3.0% |
| 29th | Nicaragua | 93.03 | -3.1% |
| 30th | Malta | 93.13 | -6.9% |
| 31st | Croatia | 93.99 | -6.0% |
| 32nd | Ukraine | 94.13 | 2.3% |
| 33rd | St. Kitts and Nevis | 94.17 | -3.1% |
| 34th | Dominica | 94.29 | -1.1% |
| 35th | France | 94.42 | -5.6% |
| 36th | Thailand | 94.45 | -5.6% |
| 37th | Italy | 94.92 | -5.1% |
| 38th | United Arab Emirates | 94.93 | -5.1% |
| 39th | Denmark | 95.97 | -4.0% |
| 40th | Portugal | 96.65 | -3.3% |
| 41st | Gambia, The | 96.90 | 1.5% |
| 42nd | Germany | 97.14 | -2.9% |
| 43rd | Spain | 97.28 | -2.7% |
| 44th | Finland | 97.81 | -2.2% |
| 45th | Togo | 97.83 | 1.9% |
| 46th | Costa Rica | 98.00 | -9.1% |
| 47th | Indonesia | 98.50 | -1.5% |
| 48th | St. Lucia | 98.58 | -2.2% |
| 49th | Uganda | 98.72 | 1.5% |
| 50th | Bosnia and Herzegovina | 99.40 | -0.6% |
| 51st | Côte d'Ivoire | 99.55 | 2.0% |
| 52nd | Romania | 99.56 | -0.4% |
| 53rd | Slovenia | 99.65 | -0.4% |
| 54th | Bahamas, The | 99.75 | -1.7% |
| 55th | Cameroon | 99.83 | 0.1% |
| 56th | India | 99.90 | -0.1% |
| 57th | Armenia | 100.26 | -2.0% |
| 58th | Pakistan | 100.28 | 2.8% |
| 59th | North Macedonia | 100.43 | 0.4% |
| 60th | St. Vincent and the Grenadines | 100.89 | -3.0% |
| 61st | Luxembourg | 101.17 | 1.2% |
| 62nd | Belgium | 101.40 | 1.4% |
| 63rd | Estonia | 101.72 | 1.7% |
| 64th | Serbia | 101.78 | 1.8% |
| 65th | Lithuania | 101.79 | 1.8% |
| 66th | Belize | 101.95 | -2.3% |
| 67th | Netherlands | 102.10 | 2.1% |
| 68th | Gabon | 102.14 | -1.1% |
| 69th | Bahrain | 102.30 | -4.6% |
| 70th | United Kingdom | 102.62 | 2.6% |
| 71st | Argentina | 103.10 | 3.1% |
| 72nd | Morocco | 103.18 | 3.2% |
| 73rd | Singapore | 103.41 | 3.4% |
| 74th | Slovak Republic | 103.72 | 3.7% |
| 75th | Austria | 104.00 | 4.0% |
| 76th | Samoa | 104.08 | 0.5% |
| 77th | Czechia | 104.87 | 4.9% |
| 78th | Latvia | 105.02 | 5.0% |
| 79th | Switzerland | 105.52 | 5.5% |
| 80th | Equatorial Guinea | 105.85 | -2.2% |
| 81st | Uruguay | 106.21 | -2.2% |
| 82nd | Sierra Leone | 106.66 | -0.5% |
| 83rd | Bulgaria | 106.75 | 6.8% |
| 84th | New Zealand | 107.61 | 7.6% |
| 85th | Paraguay | 107.76 | -1.0% |
| 86th | Guyana | 108.33 | 0.9% |
| 87th | Antigua and Barbuda | 108.36 | -3.4% |
| 88th | Fiji | 108.37 | -1.8% |
| 89th | Philippines | 111.12 | 11.1% |
| 90th | Saudi Arabia | 113.56 | 13.6% |
| 91st | Israel | 114.32 | 14.3% |
| 92nd | United States | 115.63 | 15.6% |
| 93rd | Burundi | 116.67 | 0.3% |
| 94th | Nigeria | 117.04 | -2.1% |
| 95th | Congo, Democratic Republic of | 118.31 | -6.3% |
| 96th | Papua New Guinea | 122.53 | -3.9% |
| 97th | Trinidad and Tobago | 123.94 | -3.2% |
| 98th | Solomon Islands | 124.75 | -3.9% |
| 99th | Hong Kong SAR, China | 125.88 | 25.9% |
| 100th | Iceland | 126.72 | 26.7% |
| 101st | China | 127.32 | 27.3% |
| 102nd | Moldova | 128.41 | -2.7% |
| 103rd | Central African Republic | 130.67 | 2.2% |
| 104th | Korea | 138.97 | 39.0% |
| 105th | Bolivia, Plurinational State of | 152.44 | -4.1% |
| 106th | Iran, Islamic Republic of | 230.38 | 37.5% |
FAQ
What was Norway's real effective exchange rate in 2021?▾
Norway's real effective exchange rate in 2021 was 83.09. This ranked 10th globally.
How did Norway's real effective exchange rate change in 2021?▾
Norway's real effective exchange rate decreased by 16.9% in 2021 compared to 2020.
Which country had the highest real effective exchange rate in 2021?▾
Iran, Islamic Republic of had the highest real effective exchange rate in 2021 at 230.38.
What is the real effective exchange rate of Norway in 2021?▾
The real effective exchange rate of Norway in 2021 was 83.09. This ranked 10th globally.
How does 2021 compare to 2020 for Norway's real effective exchange rate?▾
Norway's real effective exchange rate went from 78.12 in 2020 to 83.09 in 2021, a 16.9% decrease.
HistorySaid - pattern alert
Norway matched the Export Boom Cycle pattern in 2021. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 0.1%. View full analysis →
Related
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2022
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Full ranking 2021
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 1977
Lowest: 2024
Real Effective Exchange Rate 1990s
Real Effective Exchange Rate 2000s
Real Effective Exchange Rate 2010s
Real Effective Exchange Rate 2020s
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