Central Bank Policy Rate
Live series
Monetary Policy / ~8x/year
4.5
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').
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.
Inflation Rate (CPI/HICP)
Live series
Economy / Monthly
3.4
Core Inflation
Live series
Economy / Monthly
2.99
Producer Price Index (PPI)
Live series
Economy / Monthly
48.8
Gross Domestic Product (GDP)
Live series
Economy / Quarterly
1,135.36
Unemployment Rate
Live series
Labor Market / Quarterly
4.6
Trade Balance
Live series
Economy / Monthly
100.441
Retail Sales
Live series
Economy / Monthly
95.5
10-Year Government Bond Yield
Live series
Government Bond Yields / Daily
4.68
Business Confidence
Live series
Economy / Quarterly
51.15
Current Account Balance
Live series
Economy / Quarterly
279.012
Exports of Goods & Services
Live series
Economy / Monthly
190.997
| Indicator | Latest | Previous | Change | Updated | Source | Links |
|---|---|---|---|---|---|---|
|
Central Bank Policy Rate
Monetary Policy
|
4.5 | 4.25 | +0.25 | 2026-09-24 | Norges Bank | Page /Release /API |
|
Inflation Rate (CPI/HICP)
Economy
|
3.4 | 3.3 | +0.1 | 2026-10-09 | Statistics Norway | Page /Release /API |
|
Core Inflation
Economy
|
2.99 | 2.99 | 0 | 2026-10-09 | Statistics Norway | Page /Release /API |
|
Producer Price Index (PPI)
Economy
|
48.8 | 30.1 | +18.7 | 2026-10-09 | Statistics Norway | Page /Release /API |
|
Gross Domestic Product (GDP)
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 | 2026-08-13 | Statistics Norway | Page /Release /API |
|
Trade Balance
Economy
|
100.441 | 88.767 | +11.674 | 2026-09-15 | Statistics Norway | Page /Release /API |
|
Retail Sales
Economy
|
95.5 | 94.9 | +0.6 | 2026-09-28 | Statistics Norway | Page /Release /API |
|
10-Year Government Bond Yield
Government Bond Yields
|
4.68 | 4.68 | 0 | 2026-10-07 | Norges Bank | Page /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
|
190.997 | 179.023 | +11.974 | 2026-09-15 | Statistics Norway | Page /Release /API |
Norway release calendar
Upcoming and recent macro events for the NOK country view.
Tracked
Tracked
Tracked
Tracked
Tracked
Tracked
Tracked
Tracked
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
5 / 6
Additional Indicators
1 / 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 1986-01-13
Monetary Policy
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 2001-07-31
Economy
Core Inflation
CPI excluding volatile items like food and energy.
Published page
Monthly
%YoY
Starts 2003-12-31
Economy
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 2000-12-31
Economy
Gross Domestic Product (GDP)
Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.
Published page
Quarterly
NOK bn
Starts 1990-03-31
Economy
Unemployment Rate
Percentage of the labor force that is unemployed.
Published page
Quarterly
%
Starts 2009-03-31
Labor Market
Trade Balance
The difference between the value of a country's exports and imports.
Published page
Monthly
NOK bn
Starts 2005-01-31
Economy
Retail Sales
Measures change in the total value of sales at the retail level.
Published page
Monthly
Index (2021=100)
Starts 2000-01-31
Economy
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 1990-03-31
Core Inflation
CPI excluding volatile items like food and energy.
Monthly
%YoY
Starts 2003-12-31
Current Account Balance
Measures trade in goods and services and income flows.
Quarterly
NOK bn
Starts 1981-03-31
Exports of Goods & Services
Total exports reported by ABS (AUD millions), quarterly based on national accounts.
Monthly
NOK bn
Starts 2005-01-31
Gross Domestic Product (GDP)
Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.
Quarterly
NOK bn
Starts 1990-03-31
Imports of Goods & Services
Total imports reported by ABS (AUD millions), quarterly based on national accounts.
Monthly
NOK bn
Starts 2005-01-31
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 2001-07-31
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Monthly
%YoY
Starts 2000-12-31
Retail Sales
Measures change in the total value of sales at the retail level.
Monthly
Index (2021=100)
Starts 2000-01-31
Trade Balance
The difference between the value of a country's exports and imports.
Monthly
NOK bn
Starts 2005-01-31
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 1994-01-31
Labor Market
5 pages
Employment Level
Total number of employed persons.
Quarterly
Persons
Starts 2009-03-31
Full-Time Employment
Number of persons employed full-time.
Quarterly
Persons
Starts 2006-03-31
Part-Time Employment
Number of persons employed part-time.
Quarterly
Persons
Starts 2006-03-31
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Quarterly
%
Starts 2009-03-31
Unemployment Rate
Percentage of the labor force that is unemployed.
Quarterly
%
Starts 2009-03-31
Money & Credit
3 pages
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
Monthly
NOK bn
Starts 2008-01-31
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Monthly
NOK bn
Starts 2008-01-31
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Monthly
NOK bn
Starts 2008-01-31
Monetary Policy
2 pages
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
~8x/year
%
Starts 1986-01-13
Risk Free Rate
Overnight lending rate between banks.
Daily
%
Starts 2022-11-02
Government Bond Yields
5 pages
10-Year Government Bond Yield
Daily
%
Starts 2019-01-02
2-Year Government Bond Yield
Daily
%
Starts 2015-01-02
3-Year Government Bond Yield
Daily
%
Starts 2019-01-02
5-Year Government Bond Yield
Daily
%
Starts 2019-01-02
7-Year Government Bond Yield
Daily
%
Starts 2019-01-02
Additional Indicators
1 pages
House Prices
Residential property price index covering existing and newly built dwellings.
Quarterly
%YoY
Starts 1993-03-31
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 1990-03-31
Core Inflation
CPI excluding volatile items like food and energy.
Published page
Monthly
Statistics Norway
Starts 2003-12-31
Current Account Balance
Measures trade in goods and services and income flows.
Published page
Quarterly
Statistics Norway
Starts 1981-03-31
Exports of Goods & Services
Total exports reported by ABS (AUD millions), quarterly based on national accounts.
Published page
Monthly
Statistics Norway
Starts 2005-01-31
Gross Domestic Product (GDP)
Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.
Published page
Quarterly
Statistics Norway
Starts 1990-03-31
Imports of Goods & Services
Total imports reported by ABS (AUD millions), quarterly based on national accounts.
Published page
Monthly
Statistics Norway
Starts 2005-01-31
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 2001-07-31
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 2000-12-31
Retail Sales
Measures change in the total value of sales at the retail level.
Published page
Monthly
Statistics Norway
Starts 2000-01-31
Trade Balance
The difference between the value of a country's exports and imports.
Published page
Monthly
Statistics Norway
Starts 2005-01-31
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 1994-01-31
Labor Market
5 tracked
Employment Level
Total number of employed persons.
Published page
Quarterly
Statistics Norway
Starts 2009-03-31
Full-Time Employment
Number of persons employed full-time.
Published page
Quarterly
Statistics Norway
Starts 2006-03-31
Part-Time Employment
Number of persons employed part-time.
Published page
Quarterly
Statistics Norway
Starts 2006-03-31
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Published page
Quarterly
Statistics Norway
Starts 2009-03-31
Unemployment Rate
Percentage of the labor force that is unemployed.
Published page
Quarterly
Statistics Norway
Starts 2009-03-31
Money & Credit
3 tracked
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
Published page
Monthly
Norges Bank
Starts 2008-01-31
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Published page
Monthly
Norges Bank
Starts 2008-01-31
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Published page
Monthly
Norges Bank
Starts 2008-01-31
Monetary Policy
2 tracked
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Published page
~8x/year
Norges Bank
Starts 1986-01-13
Risk Free Rate
Overnight lending rate between banks.
Published page
Daily
Norges Bank
Starts 2022-11-02
Government Bond Yields
6 tracked
10-Year Government Bond Yield
Published page
Daily
Norges Bank
Starts 2019-01-02
2-Year Government Bond Yield
Published page
Daily
Norges Bank
Starts 2015-01-02
3-Year Government Bond Yield
Published page
Daily
RBA
Starts 2019-01-02
5-Year Government Bond Yield
Published page
Daily
Norges Bank
Starts 2019-01-02
7-Year Government Bond Yield
Published page
Daily
Norges Bank
Starts 2019-01-02
Inflation-Linked Bond Yield
Tracked in catalogue
Daily
RBA
Starts pending
Additional Indicators
4 tracked
Central Bank Reserves - Domestic Currency
Tracked in catalogue
Monthly
Central Bank
Starts pending
Central Bank Reserves - Foreign Currency
Tracked in catalogue
Monthly
Central Bank
Starts pending
Central Bank Reserves - Gold
Tracked in catalogue
Monthly
Central Bank
Starts pending
House Prices
Residential property price index covering existing and newly built dwellings.
Published page
Quarterly
National Statistics Office
Starts 1993-03-31
Norway guides and research
Explainers and analysis about Norway and the NOK, with the by-country tables that put its numbers in context.
Norway Government Bond Yields and Prices: NOK Guide
A country-specific guide to Norway government bond yields and prices, the NOK curve, monetary-policy and issuance drivers, FX transmission and the latest yields by maturity.
Learn Macro
Norwegian Krone (NOK) Data Coverage: Indicators, Sources and Release Times
A practical guide to FXMacroData's 28 Norwegian krone series: who publishes them, when they are released in Oslo time and UTC, a real August 2026 CPI example from the...
Product
FXMacroData vs Statistics Norway (SSB) API: Norwegian CPI-ATE and GDP Data for NOK Traders
A buyer-guide comparison of Statistics Norway's free StatBank API (PxWebApi v2) and FXMacroData for NOK traders and developers who need Norwegian CPI, CPI-ATE,...
Learn Macro
Norges Bank Guide: Monetary Policy, Rate Path and NOK
How Norges Bank sets its policy rate and projected rate path, how flexible inflation targeting works, and which inflation, labour and yield signals matter for NOK.
Learn Macro
Compare Norway with other countries
Risk-free rates by country
The overnight benchmark rate for each currency, side by side.
Policy rates by country
Current central-bank policy rates across every covered market.
Inflation by country
Latest annual consumer price inflation for each market.
Government bond yields by country
Sovereign yields by maturity across covered markets.
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.