Iceland and Norway's clothing and footwear are the steepest in Europe, according to a study undertaken by Norway's national statistics bureau (SSB).

Prices there are 34 per cent and 49 per cent higher than the EU average, respectively.

Norway's clothing and footwear prices are 20 per cent higher than those in the other Nordic countries of Sweden, Finland and Denmark, while Sweden's clothing and footwear prices are the steepest in the EU at 14 per cent above the average.

Italy, Finland and Denmark have the next most expensive clothes, while Bulgaria and Romania's clothing prices are 42 per cent and 45 per cent below the EU average, respectively.

The statistics are based on a comparison of 285 product prices within the men's, women's and children's clothing and footwear categories across 31 European countries.