Unemployment Rate in Norway decreased to 3.80 percent in November from 4 percent in October of 2018. Unemployment Rate in Norway averaged 3.66 percent from 1997 until 2018, reaching an all time high of 5.10 percent in January of 2016 and a record low of 2.40 percent in October of 2007.

Unemployment Rate in Norway is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Norway to stand at 3.70 in 12 months time. In the long-term, the Norway Unemployment Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

Norway Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-25 06:00 AM Unemployment Rate 4% 4% 4% 3.8%
2018-11-21 07:00 AM Unemployment Rate 4% 4% 4% 4%
2019-01-03 07:00 AM Unemployment Rate 4% 4% 4% 4.00%
2019-01-24 07:00 AM Unemployment Rate 3.8% 4% 4% 4%
2019-02-27 07:00 AM Unemployment Rate 3.8% 4% 3.9%
2019-03-27 07:00 AM Unemployment Rate 3.80%
2019-04-30 06:00 AM Unemployment Rate 3.80%


Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 4.00 5.10 2.40 percent [+]
Employed Persons 2710.00 2714.00 2714.00 1991.00 Thousand [+]
Unemployed Persons 79682.00 80993.00 188587.00 38220.00 [+]
Labor Force Participation Rate 70.10 70.70 74.10 60.20 percent [+]
Long Term Unemployment Rate 1.00 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 10.30 10.40 15.70 6.80 percent [+]
Productivity 121.08 120.26 124.44 61.77 Index Points [+]
Labour Costs 123.50 122.00 134.20 53.40 Index Points [+]
Job Vacancies 68400.00 75200.00 78500.00 1395.00 [+]
Wage Growth 2.97 2.42 18.56 -33.70 percent [+]
Wages in Manufacturing 103.90 101.60 152.20 78.90 Index Points [+]
Population 5.30 5.26 5.30 3.57 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Part Time Employment 673.10 647.50 699.00 531.90 Thousand [+]
Wages 45380.00 44190.00 45630.00 20126.00 NOK/Month [+]
Employment Change 0.50 0.40 1.60 -1.00 percent [+]
Employment Rate 67.60 67.90 71.80 63.00 percent [+]
Full Time Employment 1916.10 1950.10 1950.10 1558.80 Thousand [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 4.00 5.10 2.40 1997 - 2018 percent Monthly




Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 12.30 Nov/18
Brazil 11.60 Dec/18
Italy 10.30 Dec/18
Argentina 9.00 Sep/18
France 8.80 Dec/18
Euro Area 7.90 Dec/18
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Jan/19
Indonesia 5.34 Sep/18
Australia 5.00 Dec/18
Russia 4.80 Dec/18
South Korea 4.40 Jan/19
United Kingdom 4.00 Nov/18
United States 4.00 Jan/19
China 3.80 Dec/18
Netherlands 3.60 Dec/18
Mexico 3.40 Dec/18
Germany 3.30 Dec/18
Switzerland 2.80 Jan/19
Japan 2.40 Dec/18
Singapore 2.20 Dec/18


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