Norway's unemployment rate dropped to 4.2 percent in the third quarter of 2021 from 5.1 percent in the previous period. It was the lowest jobless rate since the first quarter 2020, as the number of unemployed fell by 26,000 to 123 thousand while the number of employed increased by 38 thousand to 2.810 million. source: Statistics Norway

Unemployment Rate in Norway averaged 3.81 percent from 1980 until 2021, reaching an all time high of 6.40 percent in the first quarter of 1993 and a record low of 1.40 percent in the second quarter of 1980. This page provides the latest reported value for - Norway Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Unemployment Rate in Norway is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Unemployment Rate is projected to trend around 4.20 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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Norway Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-08-05 06:00 AM Q2 5.1% 5% 5.4%
2021-10-28 06:00 AM Q3 4.2% 5.1% 5%
2022-01-28 07:00 AM Nov 4.2%


Related Last Previous Unit Reference
Unemployment Rate 4.20 5.10 percent Sep/21
Employed Persons 2810.00 2772.00 Thousand Sep/21
Labor Force Participation Rate 72.80 72.70 percent Sep/21
Youth Unemployment Rate 12.30 14.70 percent Sep/21
Productivity 113.05 110.86 points Sep/21
Job Vacancies 101900.00 74600.00 Jun/21
Wages in Manufacturing 113.70 116.00 points Sep/21
Wage Growth 3.65 3.39 percent Sep/21
Population 5.37 5.33 Million Dec/20
Employment Rate 69.80 69.00 percent Sep/21
Wages 50750.00 49920.00 NOK/Month Jun/21

News Stream
Norway Jobless Rate Falls to 1-1/2-Year Low
Norway's unemployment rate dropped to 4.2 percent in the third quarter of 2021 from 5.1 percent in the previous period. It was the lowest jobless rate since the first quarter 2020, as the number of unemployed fell by 26,000 to 123 thousand while the number of employed increased by 38 thousand to 2.810 million.
2021-10-28
Norway Jobless Rate Edges Up to 5.1% in Q2
Norway's unemployment rate inched up to 5.1 percent in the second quarter of 2021 from 5.0 percent in the previous period. It was the highest jobless rate since the third quarter 2020, as the number of unemployed increased by 8,000 to 149 thousand while the number of employed advanced by 73 thousand to 2.772 million.
2021-08-05
Norway Unemployment Rate Rises to 5% in Q1
Norway's unemployment rate rose to 5 percent in the first quarter of 2021 from 4.8 percent in the previous period, as the number of unemployed increased by 4,000 to 141 thousand while the number of employed declined by 7,000 to 2.699 million.
2021-05-05

Norway Unemployment Rate
In Norway, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.