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NOK live macro board

Norway Macro Data Board

Norwegian krone — oil-linked Scandinavian currency with one of the world's most active sovereign wealth funds behind it.

The Norwegian krone (NOK) is the official currency of Norway. It is one of the most oil-sensitive currencies in the world, given Norway's large petroleum sector and the role of the Government Pension Fund Global (the 'oil fund').

Open USD/NOK dashboard Latest readings Release calendar Norway bond yields Norway indicators API coverage

Norway latest macro readings

A scan-ready view of the main NOK indicators, linking each series to its country page, latest announcement, and API endpoint.

Indicator Latest Previous Change Updated Source Links
Central Bank Policy Rate
Monetary Policy
 4.25 4.25 0 2026-08-13 Norges Bank Page /Release /API
Inflation Rate (CPI/HICP)
Economy
 3.3 3 +0.3 2026-09-10 Statistics Norway Page /Release /API
Core Inflation
Economy
 2.99 2.69 +0.3 2026-09-10 Statistics Norway Page /Release /API
Producer Price Index (PPI)
Economy
 30.1 23.4 +6.7 2026-09-09 Statistics Norway Page /Release /API
Gross Domestic Product (GDP) Growth
Economy
 1,135.36 1,124.65 +10.707 2026-08-27 Statistics Norway Page /Release /API
Unemployment Rate
Labor Market
 4.6 4.7 -0.1 2026-08-17 Statistics Norway Page /Release /API
Trade Balance
Economy
 84.331 63.295 +21.036 2026-08-17 Statistics Norway Page /Release /API
Retail Sales
Economy
 94.8 95.5 -0.7 2026-08-28 Statistics Norway Page /Release /API
10-Year Government Bond Yield
Government Bond Yields
 4.46 4.45 +0.01 2026-09-08 Norges Bank Page /Release /API
Business Confidence
Economy
 51.15 50.65 +0.5 2026-07-22 Statistics Norway Page /Release /API
Current Account Balance
Economy
 279.012 248.17 +30.842 2026-09-02 Statistics Norway Page /Release /API
Exports of Goods & Services
Economy
 173.592 161.72 +11.872 2026-08-17 Statistics Norway Page /Release /API

Norway release calendar

Upcoming and recent macro events for the NOK country view.

Tracked
Exports of Goods & Services Statistics Norway release calendar

Exports (Goods)

Latest
173.592
Prior
161.72
Open series
Tracked
Imports of Goods & Services Statistics Norway release calendar

Imports (Goods)

Latest
89.261
Prior
98.425
Open series

NOK currency market profile

Core identifiers, trading context, and product links for the NOK market.

Currency code
NOK

Norwegian Krone

Policy institution
Norges Bank

Primary central-bank or monetary authority reference.

Primary USD pair
USD/NOK

Fast path into the FX pair dashboard and market profile.

Trading session
London

Approximate primary liquidity window used across FXMacroData pages.

Symbol
kr

Display symbol used in product surfaces.

Also known as
krone

Common market shorthand where available.

Norway macro brief

The highest-signal pages for Norway include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Producer Price Index (PPI), with each page linking back to the source metadata, release history, and API endpoint.

Norges Bank sets the policy rate eight times per year, with a 2% inflation target. Four of its meetings include a Monetary Policy Report with updated growth, inflation, and rate-path forecasts.

For NOK research, combine the country-level release map with the USD/NOK dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.

The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.

What to watch
  • Norges Bank monetary policy decision and Monetary Policy Report.
  • Norway CPI and core CPI.
  • Brent crude oil and gas prices.
  • Norges Bank's published daily FX purchases.
  • EUR/NOK as the dominant trading pair.

Norway source map

Publisher groups represented in the checked-in coverage catalogue for this market.

Statistics Norway 15 series
Norges Bank 10 series
Central Bank 3 series
RBA 2 series
National Statistics Office 1 series

Norway coverage by category

The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.

Economy 11 / 11
Labor Market 5 / 5
Money & Credit 3 / 3
Monetary Policy 2 / 2
Government Bond Yields 6 / 6
Additional Indicators 4 / 4

Key Norway indicators

Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page ~8x/year % Starts 2018-09-21 Monetary Policy
Open page

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly %YoY Starts 2025-04-30 Economy
Open page

Core Inflation

CPI excluding volatile items like food and energy.

Published page Monthly %YoY Starts pending Economy
Open page

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly %YoY Starts pending Economy
Open page

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly NOK bn Starts 2025-06-30 Economy
Open page

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Quarterly % Starts 2016-06-30 Labor Market
Open page

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly NOK bn Starts pending Economy
Open page

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly %YoY Starts pending Economy
Open page

Published Norway indicator pages

Filter by indicator name, source, cadence, or category.

Economy 11 pages

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Quarterly Index (0-100 normalized) Starts pending
Country page Country list

Core Inflation

CPI excluding volatile items like food and energy.

Monthly %YoY Starts pending
Country page Country list

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly NOK bn Starts pending
Country page Country list

Exports of Goods & Services

Total exports reported by ABS (AUD millions), quarterly based on national accounts.

Monthly NOK mn Starts pending
Country page Country list

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly NOK bn Starts 2025-06-30
Country page Country list

Imports of Goods & Services

Total imports reported by ABS (AUD millions), quarterly based on national accounts.

Monthly NOK mn Starts pending
Country page Country list

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Starts 2025-04-30
Country page Country list

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Starts pending
Country page Country list

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly %YoY Starts pending
Country page Country list

Trade Balance

The difference between the value of a country's exports and imports.

Monthly NOK bn Starts pending
Country page Country list

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) Starts pending
Country page Country list
Labor Market 5 pages

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Quarterly % Starts pending
Country page Country list

Unemployment Rate

Percentage of the labor force that is unemployed.

Quarterly % Starts 2016-06-30
Country page Country list
Money & Credit 3 pages

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly NOK mn Starts pending
Country page Country list

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly NOK mn Starts pending
Country page Country list

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly NOK mn Starts pending
Country page Country list
Monetary Policy 2 pages

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

~8x/year % Starts 2018-09-21
Country page Country list
Government Bond Yields 6 pages
Additional Indicators 4 pages

House Prices

Residential property price index covering existing and newly built dwellings.

Quarterly %YoY Starts pending
Country page Country list

Tracked Norway data catalogue

Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.

Economy 11 tracked

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Published page Quarterly Statistics Norway Starts pending
Country page Compare countries

Core Inflation

CPI excluding volatile items like food and energy.

Published page Monthly Statistics Norway Starts pending
Country page Compare countries

Current Account Balance

Measures trade in goods and services and income flows.

Published page Quarterly Statistics Norway Starts pending
Country page Compare countries

Exports of Goods & Services

Total exports reported by ABS (AUD millions), quarterly based on national accounts.

Published page Monthly Statistics Norway Starts pending
Country page Compare countries

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly Statistics Norway Starts 2025-06-30
Country page Compare countries

Imports of Goods & Services

Total imports reported by ABS (AUD millions), quarterly based on national accounts.

Published page Monthly Statistics Norway Starts pending
Country page Compare countries

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly Statistics Norway Starts 2025-04-30
Country page Compare countries

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly Statistics Norway Starts pending
Country page Compare countries

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly Statistics Norway Starts pending
Country page Compare countries

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly Statistics Norway Starts pending
Country page Compare countries

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Published page Monthly Norges Bank Starts pending
Country page Compare countries
Labor Market 5 tracked

Full-Time Employment

Number of persons employed full-time.

Published page Quarterly Statistics Norway Starts pending
Country page Compare countries

Part-Time Employment

Number of persons employed part-time.

Published page Quarterly Statistics Norway Starts pending
Country page Compare countries

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Published page Quarterly Statistics Norway Starts pending
Country page Compare countries

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Quarterly Statistics Norway Starts 2016-06-30
Country page Compare countries
Money & Credit 3 tracked

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Published page Monthly Norges Bank Starts pending
Country page Compare countries

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Published page Monthly Norges Bank Starts pending
Country page Compare countries

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Published page Monthly Norges Bank Starts pending
Country page Compare countries
Monetary Policy 2 tracked

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page ~8x/year Norges Bank Starts 2018-09-21
Country page Compare countries
Government Bond Yields 6 tracked
Additional Indicators 4 tracked

House Prices

Residential property price index covering existing and newly built dwellings.

Published page Quarterly National Statistics Office Starts pending
Country page Compare countries

NOK market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

Norges Bank policy rate and rate-path projections.

Driver 2

Brent crude oil price.

Driver 3

Norway CPI-ATE (core CPI excluding energy and tax changes).

Driver 4

Norges Bank daily NOK FX purchases on behalf of the government.

Driver 5

Eurozone growth and EUR/NOK direction.

Driver 6

Risk sentiment and broad USD moves.

NOK questions traders ask

Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.

How does oil affect the Norwegian krone?

Petroleum exports remain a meaningful share of Norway's economy and fiscal revenue. Higher oil prices typically improve the current-account position and support NOK, although Norges Bank's daily FX purchases on behalf of the government partially mute the relationship.

What is the Government Pension Fund Global?

The Government Pension Fund Global, often called the 'oil fund', is Norway's sovereign wealth fund. It receives surplus petroleum revenue and invests internationally, making it one of the largest single investors in global equities and bonds.

How often does Norges Bank meet?

Norges Bank's Monetary Policy and Financial Stability Committee makes eight policy-rate decisions per year. Four of those are 'large' meetings with a Monetary Policy Report and a rate-path projection.

Explore other countries

Move laterally into another country hub while keeping the same indicator-first structure.

Argentina (ARS) Australia (AUD) Bolivia (BOB) Brazil (BRL) Canada (CAD) Chile (CLP) China (CNY) Colombia (COP) Czechia (CZK) Denmark (DKK) Eurozone (EUR) Hong Kong (HKD) Hungary (HUF) Iceland (ISK) India (INR) Indonesia (IDR)