Norway Inflation Calculator

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Result:kr100 in 1973 → kr899.56 in 2026

The Norwegian Krone has lost 89% its value since 1973

Updated: March 11, 2026

kr100 in 1973 is equivalent in purchasing power to about kr899.56 today, an increase of kr799.56 over 53 years. The krone had an average inflation rate of 4.23% per year between 1973 and today, producing a cumulative price increase of 799.56%.

This means that today's prices are 9.00 times as high as average prices since 1973, according to the OECD and the World Bank consumer price index for Norway. A krone today only buys 11.117% of what it could buy back then.

The inflation rate in 1973 was 7.42%. The current inflation rate compared to the end of last year is now 3.34%. If this number holds, kr100 today will be equivalent in buying power to kr103.34 next year.

⌃
Inflation from 1973 to 2026
Cumulative price change 799.56%
Average inflation rate 4.23%
Converted amount
kr100 base		 kr899.56
Price difference
kr100 base		 kr799.56
CPI in 1973 15.738
CPI in 2026 141.571
Inflation in 1973 7.42%
Inflation in 2026 3.34%
kr100 in 1973 kr899.56 in 2026
NOK inflation since 1973
Annual Rate, the OECD and the World Bank CPI
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Buying power of kr100 in 1973

This chart shows a calculation of buying power equivalence for kr100 in 1973 (price index tracking began in 1955).

For example, if you started with kr100, you would need to end with kr899.56 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

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When kr100 is equivalent to kr899.56 over time, that means that the "real value" of a single Norwegian krone decreases over time. In other words, a krone will pay for fewer items at the store.

This effect explains how inflation erodes the value of a krone over time. By calculating the value in 1973 dollars, the chart below shows how kr100 is worth less over 53 years.

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According to the OECD and the World Bank, each of these NOK amounts below is equal in terms of what it could buy at the time:

Krone inflation: 1973-2026
YearKrone ValueInflation Rate
1973kr100.007.42%
1974kr109.419.41%
1975kr122.2011.69%
1976kr133.409.16%
1977kr145.549.10%
1978kr157.428.16%
1979kr164.524.51%
1980kr182.4210.88%
1981kr207.3013.64%
1982kr230.8111.34%
1983kr250.358.47%
1984kr265.926.22%
1985kr281.125.71%
1986kr301.297.18%
1987kr327.558.72%
1988kr349.426.68%
1989kr365.314.55%
1990kr380.404.13%
1991kr393.483.44%
1992kr402.642.33%
1993kr411.852.29%
1994kr417.521.38%
1995kr427.792.46%
1996kr433.191.26%
1997kr444.312.57%
1998kr454.322.25%
1999kr465.072.37%
2000kr479.423.09%
2001kr493.823.00%
2002kr500.171.29%
2003kr512.622.49%
2004kr514.950.45%
2005kr522.841.53%
2006kr535.022.33%
2007kr538.830.71%
2008kr559.063.75%
2009kr571.342.20%
2010kr585.162.42%
2011kr592.681.28%
2012kr596.810.70%
2013kr609.472.12%
2014kr621.912.04%
2015kr635.412.17%
2016kr657.973.55%
2017kr670.311.88%
2018kr688.842.76%
2019kr703.772.17%
2020kr712.831.29%
2021kr737.663.48%
2022kr780.185.76%
2023kr823.235.52%
2024kr849.123.15%
2025kr875.073.06%
2026kr899.562.80%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 47 more rows

This conversion table shows various other 1973 amounts in today's kroner, based on the 799.56% change in prices:

Conversion: 1973 kroner today
Initial valueEquivalent value
kr1 krone in 1973 kr9.00 kroner today
kr5 kroner in 1973 kr44.98 kroner today
kr10 kroner in 1973 kr89.96 kroner today
kr50 kroner in 1973 kr449.78 kroner today
kr100 kroner in 1973 kr899.56 kroner today
kr500 kroner in 1973 kr4,497.79 kroner today
kr1,000 kroner in 1973 kr8,995.58 kroner today
kr5,000 kroner in 1973 kr44,977.92 kroner today
kr10,000 kroner in 1973 kr89,955.84 kroner today
kr50,000 kroner in 1973 kr449,779.19 kroner today
kr100,000 kroner in 1973 kr899,558.38 kroner today
kr500,000 kroner in 1973 kr4,497,791.90 kroner today
kr1,000,000 kroner in 1973 kr8,995,583.80 kroner today

How to calculate inflation rate for kr100 since 1973

Our calculations use the following inflation rate formula to calculate the change in value between 1973 and today:

CPI todayCPI in 1973
×
1973 NOK value
=
Today's value

Then plug in historical CPI values. The Norwegian CPI was 15.73784 in the year 1973 and 141.57105847520356 in 2026:

141.5710584752035615.73784
×
kr100
=
kr899.56

kr100 in 1973 has the same "purchasing power" or "buying power" as kr899.56 in 2026.

To get the total inflation rate for the 53 years between 1973 and 2026, we use the following formula:

CPI in 2026 - CPI in 1973CPI in 1973
×
100
=
Cumulative inflation rate (53 years)

Plugging in the values to this equation, we get:

141.57105847520356 - 15.7378415.73784
×
100
=
800%

Data source & citation

You may use the following MLA citation for this page: “Value of 1973 Norwegian Kroner today | Norway Inflation Calculator.” Official Inflation Data, Alioth Finance, 3 Apr. 2026, https://www.officialdata.org/norway/inflation/1973.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1973 to 2026
Cumulative price change 799.56%
Average inflation rate 4.23%
Converted amount
kr100 base		 kr899.56
Price difference
kr100 base		 kr799.56
CPI in 1973 15.738
CPI in 2026 141.571
Inflation in 1973 7.42%
Inflation in 2026 3.34%
kr100 in 1973 kr899.56 in 2026