Norway vs Sweden: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Norway and Sweden from 2000 to 2025, based on World Bank CPI data.

Cumulative inflation in Norway was 67.2% between 2000 and 2025, according to World Bank CPI data (FP.CPI.TOTL).

Over the same period, cumulative inflation in Sweden was 54.0%.

VS

Norway

NOK
+67.2% Total Inflation
2.08% Avg Annual Rate
-40.2% Purchasing Power Lost
VS

Sweden

SEK
+54.0% Total Inflation
1.74% Avg Annual Rate
-35.1% Purchasing Power Lost
🏆
Sweden had lower cumulative inflation — 13.2 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Norway CPI Norway (Change) Sweden CPI Sweden (Change)
2000 81.93 - 86.23 -
2001 84.39 +3.0% 88.30 +2.4%
2002 85.48 +1.3% 90.21 +2.2%
2003 87.60 +2.5% 91.94 +1.9%
2004 88.00 +0.5% 92.29 +0.4%
2005 89.35 +1.5% 92.71 +0.5%
2006 91.43 +2.3% 93.97 +1.4%
2007 92.08 +0.7% 96.05 +2.2%
2008 95.54 +3.8% 99.35 +3.4%
2009 97.64 +2.2% 98.86 -0.5%
2010 100.00 +2.4% 100.00 +1.2%
2011 101.28 +1.3% 102.96 +3.0%
2012 101.99 +0.7% 103.88 +0.9%
2013 104.15 +2.1% 103.83 0.0%
2014 106.28 +2.0% 103.64 -0.2%
2015 108.59 +2.2% 103.59 0.0%
2016 112.44 +3.6% 104.61 +1.0%
2017 114.55 +1.9% 106.49 +1.8%
2018 117.72 +2.8% 108.57 +2.0%
2019 120.27 +2.2% 110.51 +1.8%
2020 112.90 -6.1% 108.30 -2.0%
2021 118.90 +5.3% 112.49 +3.9%
2022 125.90 +5.9% 126.37 +12.3%
2023 131.90 +4.8% 131.91 +4.4%
2024 134.80 +2.2% 132.99 +0.8%
2025 137.00 +1.6% 132.82 -0.1%

Inflation by Decade: Norway vs Sweden

Year-by-year CPI and inflation for Norway and Sweden, 2000–2025
Year Norway (Total Inflation) Norway (Avg Annual Rate) Sweden (Total Inflation) Sweden (Avg Annual Rate)
1960s +39.8% 3.79% +38.9% 3.72%
1970s +101.4% 8.09% +112.4% 8.73%
1980s +100.3% 8.02% +88.1% 7.27%
1990s +22.3% 2.26% +24.5% 2.47%
2000s +19.2% 1.97% +14.7% 1.53%
2010s +20.3% 2.07% +10.5% 1.12%
2020s +21.4% 3.95% +22.7% 4.17%

The inflation gap between Norway and Sweden widened to 13.2 percentage points from 2000 to 2025.

kr100 in Norway in 2000 lost roughly the same relative value as kr92.12 in Sweden.

Since 2000, Norway ranks #8 and Sweden ranks #5 of 17 countries by cumulative inflation.

Norway's highest annual inflation was 5.9% in 2022; Sweden's was 12.3% in 2022.

Frequently Asked Questions

Which had higher inflation, Norway or Sweden?

Between 2000 and 2025, Norway had higher cumulative inflation (67.22%) than Sweden (54.04%), according to World Bank CPI data.

What was cumulative inflation in Norway from 2000 to 2025?

Prices in Norway rose 67.22% cumulatively, an average of 2.08% per year.

What was cumulative inflation in Sweden from 2000 to 2025?

Prices in Sweden rose 54.04% cumulatively, an average of 1.74% per year.

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Between 2000 and 2025, Sweden had lower cumulative inflation (54.0%) than Norway (67.2%).

Source: World Bank, CPI (FP.CPI.TOTL)
Data verified: January 17, 2026 · How to cite this

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