Norway snapshot 02.14.182. The Norwegian Currency
• Norwegian Krone (NOK)
• Translates to ”Norwegian Crown”
• Exchange rate regime
• Free floating
• Inflation-targeting framework
3. Exchange Rate
6.26
5.41
7.00
5.78 5.86 5.99
5.57
6.08
7.43
8.81
8.62
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
EXCHANGE RATES, NORWEGIAN KRONE PER US DOLLAR, END OF PERIOD, RATE
4. Historical GDP
$345,424,664,369.36
$401,082,621,082.62
$462,554,432,624.11
$386,622,457,579.95
$429,130,952,709.22
$498,831,558,925.86
$510,229,136,226.90
$523,502,127,659.58
$499,338,534,779.16
$386,663,139,402.71
$371,076,190,476.19
$-
$100,000,000,000.00
$200,000,000,000.00
$300,000,000,000.00
$400,000,000,000.00
$500,000,000,000.00
$600,000,000,000.00
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
NORWAY GDP IN USD
6. Fun Facts
• Norway is ranked #1 on the HDI index
• Norway has the highest price of gasoline
in the world at $10 per gallon despite
being one of the biggest oil exporters in
the world