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Togo GDP

The Gross Domestic Product (GDP) in Togo was worth 5.40 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Togo represents 0 percent of the world economy. GDP in Togo averaged 1.66 USD Billion from 1960 until 2019, reaching an all time high of 5.40 USD Billion in 2019 and a record low of 0.12 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Togo GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Togo Population

The total population in Togo was estimated at 8.2 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Togo had a population of 1.6 million people. The population of Togo represents 0.09 percent of the world´s total population which arguably means that one person in every 1134 people on the planet is a resident of Togo. This page provides - Togo Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Togo Interest Rate

The benchmark interest rate in Togo was last recorded at 4.50 percent. Interest Rate in Togo averaged 4.03 percent from 2010 until 2020, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013. Togo is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate. This page provides - Togo Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Togo Inflation Rate

The inflation rate in Togo was recorded at -0.30 percent in December of 2019. Inflation Rate in Togo averaged 0.70 percent from 2001 until 2019, reaching an all time high of 15.83 percent in August of 2008 and a record low of -26.77 percent in May of 2010. In Togo, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Togo Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Togo Inflation Rate MoM

The Consumer Price Index in Togo decreased 0 percent in December of 2019 over the previous month. Inflation Rate Mom in Togo averaged 0.08 percent from 2011 until 2019, reaching an all time high of 1.90 percent in April of 2018 and a record low of -3.40 percent in August of 2016. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Togo Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Togo Food Inflation

Cost of food in Togo decreased 3.20 percent in December of 2019 over the same month in the previous year. Food Inflation in Togo averaged 1.25 percent from 2001 until 2019, reaching an all time high of 37.35 percent in August of 2008 and a record low of -26.83 percent in July of 2010. This page provides the latest reported value for - Togo Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Togo Government Budget

Togo recorded a Government Budget deficit equal to 6.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Togo averaged -2.66 percent of GDP from 2002 until 2018, reaching an all time high of 2.40 percent of GDP in 2003 and a record low of -6.70 percent of GDP in 2018. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Togo Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Togo Government Debt to GDP

Togo recorded a government debt equivalent to 20.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Togo averaged 50.10 percent from 2000 until 2018, reaching an all time high of 124 percent in 2000 and a record low of 13.60 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Togo Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Togo Industrial Production

Industrial Production in Togo increased 2 percent in the fourth quarter of 2019 over the same quarter in the previous year. Industrial Production in Togo averaged 3.12 percent from 2010 until 2019, reaching an all time high of 36.90 percent in the second quarter of 2011 and a record low of -22.30 percent in the second quarter of 2018. This page provides - Togo Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Togo Capacity Utilization

Capacity Utilization in Togo increased to 67.90 percent in the fourth quarter of 2019 from 64.90 percent in the third quarter of 2019. Capacity Utilization in Togo averaged 57.98 percent from 2008 until 2019, reaching an all time high of 76.10 percent in the first quarter of 2019 and a record low of 40.70 percent in the third quarter of 2009. This page provides - Togo Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Togo GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Togo expanded 5.30 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Togo averaged 4.26 percent from 1961 until 2019, reaching an all time high of 15.46 percent in the fourth quarter of 1965 and a record low of -15.10 percent in the fourth quarter of 1993. Togo is one of the poorest countries in the world. Agriculture is the most important sector of the economy: it employs 70 percent of active population and accounts for over 40 percent of GDP. In recent years, foreign direct investment has increased due to exploration of large reserves of limestone, marble and phosphate. This page provides - Togo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Togo - Credit Rating

Standard & Poor's credit rating for Togo stands at B with stable outlook. Moody's credit rating for Togo was last set at B3 with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Togo thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Togo as reported by major credit rating agencies.




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Togo Coronavirus Cases

Togo recorded 145 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Togo reported 10 Coronavirus Deaths. This page includes a chart with historical data for Togo Coronavirus Cases.




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Togo Coronavirus Deaths

Togo recorded 10 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Togo reported 145 Coronavirus Cases. This page includes a chart with historical data for Togo Coronavirus Deaths.




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Togo Coronavirus Recovered

Togo recorded 85 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Togo reported 10 Coronavirus Deaths. This page includes a chart with historical data for Togo Coronavirus Recovered.




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Norway GDP Deflator

GDP Deflator in Norway increased to 104.29 points in the fourth quarter of 2019 from 103.72 points in the third quarter of 2019. GDP Deflator in Norway averaged 60.17 points from 1978 until 2019, reaching an all time high of 107.60 points in the fourth quarter of 2018 and a record low of 19.12 points in the first quarter of 1978. This page provides - Norway GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway GDP Constant Prices

GDP Constant Prices in Norway increased to 857009 NOK Million in the fourth quarter of 2019 from 843944 NOK Million in the third quarter of 2019. GDP Constant Prices in Norway averaged 582522.13 NOK Million from 1978 until 2019, reaching an all time high of 857009 NOK Million in the fourth quarter of 2019 and a record low of 304538 NOK Million in the first quarter of 1978. This page provides - Norway GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Productivity

Productivity in Norway increased to 106.48 points in the fourth quarter of 2019 from 103.98 points in the third quarter of 2019. Productivity in Norway averaged 83.56 points from 1978 until 2019, reaching an all time high of 106.48 points in the fourth quarter of 2019 and a record low of 57.16 points in the third quarter of 1980. In Norway, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - Norway Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Consumer Confidence

Consumer Confidence in Norway decreased to 14.50 points in the first quarter of 2020 from 14.80 points in the fourth quarter of 2019. Consumer Confidence in Norway averaged 17.21 points from 1992 until 2020, reaching an all time high of 34.90 points in the first quarter of 1997 and a record low of -17.40 points in the third quarter of 1992. In Norway, the Finance Norway and TNS Gallup consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page provides - Norway Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Eletricity Production

Electricity Production in Norway decreased to 12368 Gigawatt-hour in December from 12867 Gigawatt-hour in November of 2019. Electricity Production in Norway averaged 11580.04 Gigawatt-hour from 2008 until 2019, reaching an all time high of 16376 Gigawatt-hour in January of 2016 and a record low of 6653 Gigawatt-hour in June of 2010. This page has Electricity Production values for Norway.




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Norway Corporate Tax Rate

The Corporate Tax Rate in Norway stands at 22 percent. Corporate Tax Rate in Norway averaged 33.62 percent from 1981 until 2020, reaching an all time high of 50.80 percent in 1982 and a record low of 22 percent in 2019. In Norway, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Norway. This page provides - Norway Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Social Security Rate For Companies

The Social Security Rate For Companies in Norway stands at 14.10 percent. Social Security Rate For Companies in Norway averaged 13.75 percent from 1990 until 2020, reaching an all time high of 16.70 percent in 1990 and a record low of 12.80 percent in 2007. In Norway, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of Norway because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Norway Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Social Security Rate For Employees

The Social Security Rate For Employees in Norway stands at 8.20 percent. Social Security Rate For Employees in Norway averaged 7.77 percent from 1981 until 2020, reaching an all time high of 8.20 percent in 2014 and a record low of 4.40 percent in 1981. In Norway, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Employees are an important source of income for the government of Norway because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Norway Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Personal Income Tax Rate

The Personal Income Tax Rate in Norway stands at 38.20 percent. Personal Income Tax Rate in Norway averaged 46.41 percent from 1995 until 2020, reaching an all time high of 55.30 percent in 2003 and a record low of 38.20 percent in 2019. In Norway, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Norway. This page provides - Norway Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway GDP

The Gross Domestic Product (GDP) in Norway was worth 450 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Norway represents 0.37 percent of the world economy. GDP in Norway averaged 166.58 USD Billion from 1960 until 2019, reaching an all time high of 523.50 USD Billion in 2013 and a record low of 5.16 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Norway GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Norway Total Gross External Debt

External Debt in Norway increased to 5733170 NOK Million in the fourth quarter of 2019 from 5631357 NOK Million in the third quarter of 2019. External Debt in Norway averaged 609135.15 NOK Million from 1965 until 2019, reaching an all time high of 5733170 NOK Million in the fourth quarter of 2019 and a record low of 0 NOK Million in the second quarter of 2004. In Norway, external debt refers to foreign debt held by the central government and denominated in foreign currency. This page provides - Norway External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Capital Flows

Norway recorded a capital and financial account surplus of 2216 NOK Million in the fourth quarter of 2019. Capital Flows in Norway averaged 64213.50 NOK Million from 2005 until 2019, reaching an all time high of 189108 NOK Million in the second quarter of 2016 and a record low of -61109 NOK Million in the fourth quarter of 2007. This page provides - Norway Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Employment Change

Employment in Norway increased by 0.20 in December of 2019. Employment Change in Norway averaged 0.31 percent from 1995 until 2019, reaching an all time high of 1.50 percent in the first quarter of 2006 and a record low of -0.90 percent in the second quarter of 2009. In Norway, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment. This page provides - Norway Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Population

The total population in Norway was estimated at 5.3 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Norway had a population of 3.6 million people. The population of Norway represents 0.07 percent of the world´s total population which arguably means that one person in every 1409 people on the planet is a resident of Norway. This page provides - Norway Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Central Government Debt

Government Debt in Norway decreased to 510625 NOK Million in the fourth quarter of 2019 from 593957 NOK Million in the third quarter of 2019. Government Debt in Norway averaged 350228.41 NOK Million from 1965 until 2019, reaching an all time high of 734596 NOK Million in the first quarter of 2013 and a record low of 8631 NOK Million in the fourth quarter of 1965. This page provides - Norway Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Hospital Beds

Hospital Beds in Norway decreased to 3.60 per 1000 people in 2017 from 3.68 per 1000 people in 2016. Hospital Beds in Norway averaged 4.55 per 1000 people from 1980 until 2017, reaching an all time high of 7.27 per 1000 people in 1980 and a record low of 3.60 per 1000 people in 2017. This page includes a chart with historical data for Norway Hospital Beds.




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Norway Medical Doctors

Medical Doctors in Norway increased to 5.53 per 1000 people in 2018 from 5.38 per 1000 people in 2017. Medical Doctors in Norway averaged 4.99 per 1000 people from 2008 until 2018, reaching an all time high of 5.53 per 1000 people in 2018 and a record low of 4.60 per 1000 people in 2008. This page includes a chart with historical data for Norway Medical Doctors.




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Norway Nurses

Nurses in Norway increased to 20.83 per 1000 people in 2018 from 20.80 per 1000 people in 2017. Nurses in Norway averaged 19.96 per 1000 people from 2008 until 2018, reaching an all time high of 20.83 per 1000 people in 2018 and a record low of 18.93 per 1000 people in 2008. This page includes a chart with historical data for Norway Nurses.




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Norway Government Budget Value

Norway recorded a government budget surplus of 6390 NOK Million in the fourth quarter of 2019. Government Budget Value in Norway averaged 28302.72 NOK Million from 1991 until 2019, reaching an all time high of 198910 NOK Million in the second quarter of 2008 and a record low of -60215 NOK Million in the fourth quarter of 2016. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Norway Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway ICU Beds

ICU Beds in Norway averaged 441.72 per 100K people from 1980 until 2014, reaching an all time high of 727.34 per 100K people in December of 1980 and a record low of 342.52 per 100K people in December of 2014. This page includes a chart with historical data for Norway ICU Beds.




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Norway Mining Production

Mining production in Norway decreased 7.50 percent in February of 2020 over the same month in the previous year. Mining Production in Norway averaged 1.59 percent from 1991 until 2020, reaching an all time high of 69 percent in January of 2007 and a record low of -28.20 percent in February of 2009. In Norway, mining and quarrying account for only 1 percent of industrial production. This page provides the latest reported value for - Norway Mining Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Norway Inflation Rate MoM

The Consumer Price Index in Norway decreased 0 percent in March of 2020 over the previous month. Inflation Rate Mom in Norway averaged 0.37 percent from 1950 until 2020, reaching an all time high of 5.45 percent in January of 1970 and a record low of -1.72 percent in March of 1959. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Norway Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Core Inflation Rate

Core consumer prices in Norway increased 2.10 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Norway averaged 1.72 percent from 2003 until 2020, reaching an all time high of 3.70 percent in July of 2016 and a record low of -0.10 percent in February of 2004. In Norway, the core inflation, which is adjusted for taxes and energy prices, is the measure used by the central bank in setting interest rates. It targets inflation at around 2 percent over the long term. This page provides - Norway Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway CPI Transportation

The transportation sub-index of the CPI basket in Norway decreased to 112.50 Index Points in August of 2019 from 115.20 Index Points in July of 2019. CPI Transportation in Norway averaged 67.72 Index Points from 1979 until 2019, reaching an all time high of 115.20 Index Points in July of 2019 and a record low of 21 Index Points in January of 1979. This page provides - Norway Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway CPI Housing & Utilities

CPI Housing Utilities in Norway decreased to 114.20 points in January from 115.90 points in December of 2019. CPI Housing Utilities in Norway averaged 65.94 points from 1979 until 2020, reaching an all time high of 116.60 points in January of 2019 and a record low of 19.50 points in February of 1979. This page provides - Norway Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Consumer Price Index (CPI)

Consumer Price Index CPI in Norway decreased to 110.60 Index Points in August from 111.40 Index Points in July of 2019. Consumer Price Index CPI in Norway averaged 46.58 Index Points from 1950 until 2019, reaching an all time high of 111.40 Index Points in July of 2019 and a record low of 5.09 Index Points in February of 1950. In Norway, the most important category in the consumer price index is Housing and Utilities (23 percent of total weight). Transport accounts for 16 percent; Food and Non-Alcoholic Beverages for 13 percent; Recreation and Culture for 12 percent; Miscellaneous Goods and Services for 9 percent and Furniture, Household Goods and Maintenance for 7 percent. Restaurants and Hotels; Clothing and Footwear; Alcoholic beverages and Tobacco; Health; Communication and Education account for the remaining 21 percent of total weight. This page provides - Norway Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Core Consumer Prices

Core Consumer Prices in Norway increased to 109.50 points in January from 109.10 points in December of 2019. Core Consumer Prices in Norway averaged 93.58 points from 2002 until 2020, reaching an all time high of 109.50 points in January of 2020 and a record low of 82.30 points in January of 2003. In Norway, the core consumer price index, which is adjusted for taxes and energy prices, is the measure used by the central bank in setting interest rates. It targets annual inflation at around 2 percent over the long term. This page provides - Norway Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Food Inflation

Cost of food in Norway increased 2.10 percent in January of 2020 over the same month in the previous year. Food Inflation in Norway averaged 3.51 percent from 1980 until 2020, reaching an all time high of 19.90 percent in July of 1981 and a record low of -7.10 percent in June of 2002. This page provides - Norway Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Producer Prices

Producer Prices in Norway decreased to 108.10 points in February from 111.80 points in January of 2020. Producer Prices in Norway averaged 54.05 points from 1977 until 2020, reaching an all time high of 124.10 points in October of 2018 and a record low of 16.71 points in January of 1977. In Norway, the Producer Price Index measures the price development of first hand sales of products to the Norwegian market, from Norwegian production and export. Manufacturing prices account for 54 percent of the total index. The biggest segments within Manufacturing prices are: Food, beverages and tobacco (12 percent), refined petroleum products (8 percent) machinery and equipment (6 percent) and basic metals (5 percent). Extraction and related services account for 41 percent, Electricity, gas and steam account for 4 percent and Mining and quarrying account for 1 percent. This page provides - Norway Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Producer Prices Change

Producer Prices in Norway decreased 12.60 percent in March of 2020 over the same month in the previous year. Producer Prices Change in Norway averaged 5.34 percent from 2000 until 2020, reaching an all time high of 33.90 percent in August of 2008 and a record low of -18.70 percent in November of 2001. In Norway, the Producer Price Index measures the price development of first hand sales of products to the Norwegian market, from Norwegian production and export. Manufacturing prices account for 54 percent of the total index. The biggest segments within Manufacturing prices are: Food, beverages and tobacco (12 percent), refined petroleum products (8 percent) machinery and equipment (6 percent) and basic metals (5 percent). Extraction and related services account for 41 percent, Electricity, gas and steam account for 4 percent and Mining and quarrying account for 1 percent. This page provides - Norway Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Inflation Rate

The inflation rate in Norway was recorded at 0.70 percent in March of 2020. Inflation Rate in Norway averaged 4.55 percent from 1950 until 2020, reaching an all time high of 18.90 percent in June of 1951 and a record low of -1.80 percent in January of 2004. In Norway, the most important category in the consumer price index is Housing and Utilities (23 percent of total weight). Transport accounts for 16 percent; Food and Non-Alcoholic Beverages for 13 percent; Recreation and Culture for 12 percent; Miscellaneous Goods and Services for 9 percent and Furniture, Household Goods and Maintenance for 7 percent. Restaurants and Hotels; Clothing and Footwear; Alcoholic beverages and Tobacco; Health; Communication and Education account for the remaining 21 percent of total weight. This page provides - Norway Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Harmonised Consumer Prices

Harmonised Consumer Prices in Norway decreased to 111.70 points in March from 111.80 points in February of 2020. Harmonised Consumer Prices in Norway averaged 88.68 points from 1995 until 2020, reaching an all time high of 112.40 points in November of 2019 and a record low of 69.20 points in January of 1996. The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term. This page provides - Norway Harmonised Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Norway Balance of Trade

Norway recorded a trade surplus of 2500 NOK Million in March of 2020. Balance of Trade in Norway averaged 8732.12 NOK Million from 1960 until 2020, reaching an all time high of 48677.18 NOK Million in January of 2014 and a record low of -5680 NOK Million in April of 1986. The Norwegian trade balance has been in surplus since 1989. In 2019, the trade surplus narrowed sharply by 48.3 percent from the previous year to NOK 148 billion amid global trade tensions and weak external demand. The biggest trade surpluses were recorded with the UK, the Netherlands, Germany, France, Belgium, Spain, Iceland, Portugal, Singapore and Ireland; and the largest deficits were recorded with China, the US, Sweden, Russia, Italy, Canada, Brazil, Poland, Czech Republic and Switzerland. This page provides the latest reported value for - Norway Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Norway Exports

Exports in Norway decreased to 75469.92 NOK Million in February from 79989.20 NOK Million in January of 2020. Exports in Norway averaged 27727.63 NOK Million from 1960 until 2020, reaching an all time high of 98223.26 NOK Million in October of 2018 and a record low of 449 NOK Million in July of 1960. In 2019, exports from Norway slumped 9.4 percent from the previous year to NOK 904 billion, amid sluggish global growth and trade tensions between the US and China. Main exports were: mineral fuels, lubricants and related materials (56 percent of total exports), in particular petroleum, petroleum products (34 percent) and gas, natural and manufactured (21 percent); fish, crustaceans, molluscs and prep. Thereof (12 percent); machinery and transport equipment (10 percent) mostly general industrial machinery and equipment (2 percent) and electrical machinery and apparatus (2 percent); chemicals and related products (7 percent); and non-ferrous metals (6 percent). The UK was the largest destination of Norway's shipments (20 percent of total exports), followed by Germany (14 percent), the Netherlands (11 percent), Sweden (8 percent), France (6 percent), Denmark (5 percent), the US, China and Belgium (4 percent each). This page provides the latest reported value for - Norway Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Norway Imports

Imports in Norway decreased to 57184.12 NOK Million in February from 60605.95 NOK Million in January of 2020. Imports in Norway averaged 18986.89 NOK Million from 1960 until 2020, reaching an all time high of 83879.95 NOK Million in November of 2017 and a record low of 696 NOK Million in July of 1960. In 2019, imports to Norway rose 6 percent from the previous year to an all-time high of NOK 756 billion. Main imports were: machinery and transport equipment (40 percent of total imports) led by road vehicles (12 percent), electrical machinery and apparatus (6 percent), general industrial machinery and equipment (5 percent), machinery for special industries (4 percent), telecommunications apparatus and equipment (4 percent) and other transport equipment including ships (4 percent); miscellaneous manufactured articles (14 percent) such as articles of apparel and accessories (3 percent); manufactured goods classified chiefly by material (14 percent) including manufactures of metals (5 percent); chemicals and related products (10 percent); mineral fuels, lubricants and related materials (7 percent) due to petroleum, petroleum products (6 percent); food and live animals (6 percent); and crude materials, inedible, except fuels (6 percent). Sweden was the biggest source of imports (12 percent of total imports), followed by Germany (11 percent), China (10 percent), the US (8 percent), Denmark (6 percent), the UK (5 percent), Poland and the Netherlands (4 percent each). This page provides the latest reported value for - Norway Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.