Real Effective Exchange Rate (Unit labour costs - 15 trading partners, 1999=100) in Norway

Real effective exchange rate (unit labour costs - 15 trading partners, 1999=100) a reached 146 Index, 1999=100 in 2011 in Norway, according to the National Statistical Office. This is 2.86 % more than in the previous year.

Historically, real effective exchange rate (unit labour costs - 15 trading partners, 1999=100) a in Norway reached an all time high of 146 Index, 1999=100 in 2011 and an all time low of 92.8 Index, 1999=100 in 1994. When compared to Norway's main peers, real effective exchange rate (unit labour costs - 15 trading partners, 1999=100) a in Denmark amounted to 115 Index, 1999=100, 105 Index, 1999=100 in Finland and 101 Index, 1999=100 in Sweden in 2011.

Norway has been ranked 2nd within the group of 20 countries we follow in terms of real effective exchange rate (unit labour costs - 15 trading partners, 1999=100) a, 3 places above the position seen 10 years ago.

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