Real Effective Exchange Rate (Unit labour costs - 24 trading partners, 1999=100) in Norway

Real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a reached 149 Index, 1999=100 in 2011 in Norway, according to the National Statistical Office. This is 3.24 % more than in the previous year.

Historically, real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a in Norway reached an all time high of 149 Index, 1999=100 in 2011 and an all time low of 93.6 Index, 1999=100 in 1994. When compared to Norway's main peers, real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a in Denmark amounted to 117 Index, 1999=100, 108 Index, 1999=100 in Finland and 103 Index, 1999=100 in Sweden in 2011.

Norway has been ranked 3rd within the group of 20 countries we follow in terms of real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a, 3 places above the position seen 10 years ago.

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