NOK Value Calculator: Norway
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According to World Bank CPI data (FP.CPI.TOTL), kr1,000 in Norway in 1960 had the same purchasing power as kr15,175.29 in 2025 — a cumulative inflation of 1,417.5% (4.27%/year average).
Value Over Time
Year-by-Year Historical Data
| Year | CPI | Equivalent Value | Annual Change |
|---|---|---|---|
| 1960 | 9.03 | kr1,000.00 | - |
| 1961 | 9.22 | kr1,021.55 | +2.2% |
| 1962 | 9.71 | kr1,075.43 | +5.3% |
| 1963 | 9.95 | kr1,102.01 | +2.5% |
| 1964 | 10.53 | kr1,166.67 | +5.9% |
| 1965 | 10.97 | kr1,215.52 | +4.2% |
| 1966 | 11.33 | kr1,255.03 | +3.3% |
| 1967 | 11.85 | kr1,312.50 | +4.6% |
| 1968 | 12.26 | kr1,357.76 | +3.4% |
| 1969 | 12.62 | kr1,397.99 | +3.0% |
| 1970 | 13.96 | kr1,546.70 | +10.6% |
| 1971 | 14.83 | kr1,642.96 | +6.2% |
| 1972 | 15.91 | kr1,762.21 | +7.3% |
| 1973 | 17.09 | kr1,892.96 | +7.4% |
| 1974 | 18.70 | kr2,071.12 | +9.4% |
| 1975 | 20.88 | kr2,313.22 | +11.7% |
| 1976 | 22.80 | kr2,525.14 | +9.2% |
| 1977 | 24.87 | kr2,755.03 | +9.1% |
| 1978 | 26.90 | kr2,979.88 | +8.2% |
| 1979 | 28.12 | kr3,114.27 | +4.5% |
| 1980 | 31.17 | kr3,453.06 | +10.9% |
| 1981 | 35.43 | kr3,924.16 | +13.6% |
| 1982 | 39.44 | kr4,369.20 | +11.3% |
| 1983 | 42.78 | kr4,739.06 | +8.5% |
| 1984 | 45.44 | kr5,033.75 | +6.2% |
| 1985 | 48.04 | kr5,321.42 | +5.7% |
| 1986 | 51.49 | kr5,703.31 | +7.2% |
| 1987 | 55.98 | kr6,200.47 | +8.7% |
| 1988 | 59.71 | kr6,614.44 | +6.7% |
| 1989 | 62.43 | kr6,915.14 | +4.5% |
| 1990 | 65.01 | kr7,200.81 | +4.1% |
| 1991 | 67.24 | kr7,448.39 | +3.4% |
| 1992 | 68.81 | kr7,621.79 | +2.3% |
| 1993 | 70.38 | kr7,796.20 | +2.3% |
| 1994 | 71.35 | kr7,903.45 | +1.4% |
| 1995 | 73.11 | kr8,097.90 | +2.5% |
| 1996 | 74.03 | kr8,200.14 | +1.3% |
| 1997 | 75.93 | kr8,410.63 | +2.6% |
| 1998 | 77.64 | kr8,600.07 | +2.3% |
| 1999 | 79.48 | kr8,803.55 | +2.4% |
| 2000 | 81.93 | kr9,075.18 | +3.1% |
| 2001 | 84.39 | kr9,347.82 | +3.0% |
| 2002 | 85.48 | kr9,468.10 | +1.3% |
| 2003 | 87.60 | kr9,703.65 | +2.5% |
| 2004 | 88.00 | kr9,747.75 | +0.5% |
| 2005 | 89.35 | kr9,897.10 | +1.5% |
| 2006 | 91.43 | kr10,127.64 | +2.3% |
| 2007 | 92.08 | kr10,199.81 | +0.7% |
| 2008 | 95.54 | kr10,582.70 | +3.8% |
| 2009 | 97.64 | kr10,815.25 | +2.2% |
| 2010 | 100.00 | kr11,076.86 | +2.4% |
| 2011 | 101.28 | kr11,219.19 | +1.3% |
| 2012 | 101.99 | kr11,297.37 | +0.7% |
| 2013 | 104.15 | kr11,536.93 | +2.1% |
| 2014 | 106.28 | kr11,772.48 | +2.0% |
| 2015 | 108.59 | kr12,028.08 | +2.2% |
| 2016 | 112.44 | kr12,455.07 | +3.6% |
| 2017 | 114.55 | kr12,688.62 | +1.9% |
| 2018 | 117.72 | kr13,039.44 | +2.8% |
| 2019 | 120.27 | kr13,322.10 | +2.2% |
| 2020 | 112.90 | kr12,505.77 | -6.1% |
| 2021 | 118.90 | kr13,170.38 | +5.3% |
| 2022 | 125.90 | kr13,945.76 | +5.9% |
| 2023 | 131.90 | kr14,610.37 | +4.8% |
| 2024 | 134.80 | kr14,931.60 | +2.2% |
| 2025 | 137.00 | kr15,175.29 | +1.6% |
Quick Reference Values
What 1960 amounts are worth in 2025 in Norway:
| 1960 | 2025 |
|---|---|
| kr1 | kr15.18 |
| kr10 | kr151.75 |
| kr100 | kr1,517.53 |
| kr1,000 | kr15,175.29 |
| kr10,000 | kr151,752.90 |
Inflation by Decade in Norway
| Decade | Cumulative Inflation | Annual Rate |
|---|---|---|
| 1960–1969 | +39.8% | 3.79% |
| 1970–1979 | +101.4% | 8.09% |
| 1980–1989 | +100.3% | 8.02% |
| 1990–1999 | +22.3% | 2.26% |
| 2000–2009 | +19.2% | 1.97% |
| 2010–2019 | +20.3% | 2.07% |
| 2020–2025 | +21.4% | 3.95% |
The steepest single-year rise in this period was 13.6% in 1981; the calmest was -6.1% in 2020.
This equals a compound annual rate of 4.27% — about 16.4 years to double prices at that pace.
- In 1960, kr1,000 in Norway had the same buying power as kr15,175.29 in 2025.
- In 1970, kr1,000 in Norway had the same buying power as kr9,811.43 in 2025.
- In 1980, kr1,000 in Norway had the same buying power as kr4,394.74 in 2025.
- In 1990, kr1,000 in Norway had the same buying power as kr2,107.44 in 2025.
- In 2000, kr1,000 in Norway had the same buying power as kr1,672.17 in 2025.
- In 2010, kr1,000 in Norway had the same buying power as kr1,370.00 in 2025.
- In 2020, kr1,000 in Norway had the same buying power as kr1,213.46 in 2025.
Frequently Asked Questions
How much is 1,000 NOK from 1960 worth in 2025?
kr1,000 from 1960 is worth about kr15,175.29 in 2025 in Norway, after 1417.53% cumulative inflation.
What was the average annual inflation rate in Norway between 1960 and 2025?
The average annual (compound) inflation rate was 4.27% over 65 years.