Norway third most expensive country in Europe

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Only Iceland and Switzerland have higher prices for goods and services than Norway show new figures from Eurostat.

The price levels in Norway were 55% higher than the average in European countries last year according to Statistics Norway (SSB).

Iceland topped with a price level of 64% above average, while Switzerland is 59%.

Among countries that are EU members, the price level is highest in Luxembourg, which is 42% above average.

Denmark, Ireland, Sweden, and Finland have price levels that are more than 20% above average for EU countries show the figures from Eurostat.

At the same time, Norway has a gross national product (GDP) which is 50% higher per capita than the average in Europe show preliminary
figures.

Only Luxembourg (154%), Ireland (87%), and Switzerland (57%) had higher results than Norway reported SSB.

© NTB Scanpix / #Norway Today

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