Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Norway
Index 2015=100, Quarterly
NORCPGRHO02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.44
Year-over-Year Change
12.05%
Date Range
1/1/1979 - 1/1/2025
Summary
The Index 2015=100, Quarterly trend measures the quarterly change in real gross domestic product (GDP) in Norway, a key economic indicator for policymakers and analysts.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks the quarterly real GDP growth rate in Norway, one of the most important measures of the overall health and performance of the Norwegian economy. It is widely used by economists and policymakers to assess economic conditions and inform fiscal and monetary policies.
Methodology
The data is collected and calculated by Statistics Norway, the national statistical institute.
Historical Context
The GDP growth rate is a crucial metric for understanding Norway's economic trajectory and its position within global markets.
Key Facts
- Norway is one of the world's wealthiest and most developed economies.
- The country's economy is heavily dependent on its oil and gas exports.
- GDP growth is a key indicator of Norway's economic performance and stability.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly trend measures the quarterly change in real gross domestic product (GDP) in Norway, a key indicator of the country's overall economic performance.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a crucial metric for understanding Norway's economic trajectory and position within global markets, making it highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Norway, the national statistical institute.
Q: How is this trend used in economic policy?
A: The quarterly GDP growth rate is used by policymakers in Norway to assess the overall health of the economy and inform fiscal and monetary policies aimed at promoting economic stability and prosperity.
Q: Are there update delays or limitations?
A: The Index 2015=100, Quarterly data is published on a regular basis by Statistics Norway, with potential for some minor delays in data availability.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NORCPGRHO02IXOBQ), retrieved from FRED.