Currency code
NOK
Norwegian Krone
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').
NOK currency market profile
Core identifiers, trading context, and product links for the NOK market.
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
9 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
0 / 11
Labor Market
0 / 5
Money & Credit
0 / 3
Monetary Policy
0 / 2
Government Bond Yields
0 / 5
Additional Indicators
0 / 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.
Tracked in catalogue
~8x/year
%
Starts 2018-09-21
Monetary Policy
Detailed page pending
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Tracked in catalogue
Monthly
%YoY
Starts 2025-04-30
Economy
Detailed page pending
Core Inflation
CPI excluding volatile items like food and energy.
Tracked in catalogue
Monthly
%YoY
Starts pending
Economy
Detailed page pending
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Tracked in catalogue
Monthly
%YoY
Starts pending
Economy
Detailed page pending
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Tracked in catalogue
Quarterly
NOK bn
Starts 2025-06-30
Economy
Detailed page pending
Unemployment Rate
Percentage of the labor force that is unemployed.
Tracked in catalogue
Quarterly
%
Starts 2016-06-30
Labor Market
Detailed page pending
Trade Balance
The difference between the value of a country's exports and imports.
Tracked in catalogue
Monthly
NOK bn
Starts pending
Economy
Detailed page pending
Retail Sales
Measures change in the total value of sales at the retail level.
Tracked in catalogue
Monthly
%YoY
Starts pending
Economy
Detailed page pending
Published Norway indicator pages
Filter by indicator name, source, cadence, or category.
Published country-indicator pages are still being prepared for NOK. The catalogue coverage below keeps the market context discoverable while detailed endpoint pages are enabled.
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.
Tracked in catalogue
Quarterly
Statistics Norway
Starts pending
Core Inflation
CPI excluding volatile items like food and energy.
Tracked in catalogue
Monthly
Statistics Norway
Starts pending
Current Account Balance
Measures trade in goods and services and income flows.
Tracked in catalogue
Quarterly
Statistics Norway
Starts pending
Exports of Goods & Services
Total exports reported by ABS (AUD millions), quarterly based on national accounts.
Tracked in catalogue
Monthly
Statistics Norway
Starts pending
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Tracked in catalogue
Quarterly
Statistics Norway
Starts 2025-06-30
Imports of Goods & Services
Total imports reported by ABS (AUD millions), quarterly based on national accounts.
Tracked in catalogue
Monthly
Statistics Norway
Starts pending
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Tracked in catalogue
Monthly
Statistics Norway
Starts 2025-04-30
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Tracked in catalogue
Monthly
Statistics Norway
Starts pending
Retail Sales
Measures change in the total value of sales at the retail level.
Tracked in catalogue
Monthly
Statistics Norway
Starts pending
Trade Balance
The difference between the value of a country's exports and imports.
Tracked in catalogue
Monthly
Statistics Norway
Starts pending
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.
Tracked in catalogue
Monthly
Norges Bank
Starts pending
Labor Market
5 tracked
Employment Level
Total number of employed persons.
Tracked in catalogue
Quarterly
Statistics Norway
Starts pending
Full-Time Employment
Number of persons employed full-time.
Tracked in catalogue
Quarterly
Statistics Norway
Starts pending
Part-Time Employment
Number of persons employed part-time.
Tracked in catalogue
Quarterly
Statistics Norway
Starts pending
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Tracked in catalogue
Quarterly
Statistics Norway
Starts pending
Unemployment Rate
Percentage of the labor force that is unemployed.
Tracked in catalogue
Quarterly
Statistics Norway
Starts 2016-06-30
Money & Credit
3 tracked
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
Tracked in catalogue
Monthly
Norges Bank
Starts pending
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Tracked in catalogue
Monthly
Norges Bank
Starts pending
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Tracked in catalogue
Monthly
Norges Bank
Starts pending
Monetary Policy
2 tracked
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Tracked in catalogue
~8x/year
Norges Bank
Starts 2018-09-21
Risk Free Rate
Overnight lending rate between banks.
Tracked in catalogue
Daily
Norges Bank
Starts pending
Government Bond Yields
5 tracked
10-Year Government Bond Yield
Tracked in catalogue
Daily
Norges Bank
Starts pending
2-Year Government Bond Yield
Tracked in catalogue
Daily
Norges Bank
Starts pending
3-Year Government Bond Yield
Tracked in catalogue
Daily
RBA
Starts pending
5-Year Government Bond Yield
Tracked in catalogue
Daily
Norges Bank
Starts pending
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
Indicator validated by integration tests.
Tracked in catalogue
Quarterly
National Statistics Office
Starts pending
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.