Norway Productivity - Forecast

Productivity in Norway is expected to be 121.98 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Norway to stand at 121.97 in 12 months time. In the long-term, the Norway Productivity is projected to trend around 121.97 Index Points in 2020, according to our econometric models.


Norway Productivity
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Norway Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.9 4 4 3.9 3.8 3.7
Employed Persons 2676 2663 2659 2656 2654 2657
Unemployed Persons 83430 81170 80280 79420 79250 78250
Labor Force Participation Rate 69.5 69.88 69.92 71.6 69.91 72.1
Long Term Unemployment Rate 1.2 1.1 1.1 1.1 1.1 1.1
Youth Unemployment Rate 8.4 9.39 10 10.43 10.41 9.87
Productivity 123 122 122 122 122 122
Labour Costs 121 122 122 122 122 122
Job Vacancies 58000 61050 61050 61050 61050 61050
Wage Growth 6.34 6.43 7.95 6.53 7.86 6.89
Wages in Manufacturing 156 156 158 154 156 160
Population 5.26 5.32 5.32 5.32 5.31 5.42
Retirement Age Women 62 62 62 62 62 62
Retirement Age Men 62 62 62 62 62 62
Part Time Employment 647 647 636 647 636 647
Wages 44310 45200 45200 45200 46000 46600
Employment Change 0.4 0.37 0.36 0.37 0.37 0.37
Employment Rate 66.8 66.96 67.12 67.02 67.08 67.06
Full Time Employment 1898 1898 1923 1899 1923 1901