Wages in Norway increased 3.39 percent in June of 2021 over the same month in the previous year. source: Statistics Norway

Wage Growth in Norway averaged 10.69 percent from 2003 until 2021, reaching an all time high of 18.56 percent in the third quarter of 2009 and a record low of 0.60 percent in the first quarter of 2017. This page provides - Norway Wages in Manufacturing YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Wages in Manufacturing YoY - values, historical data and charts - was last updated on October of 2021.

Wage Growth in Norway is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Wages in Manufacturing YoY is projected to trend around 3.00 percent in 2022 and 3.30 percent in 2023, according to our econometric models.

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Norway Wages in Manufacturing YoY

Norway Last Unit Reference Previous Highest Lowest
Unemployment Rate 5.10 percent Jun/21 5.00 6.40 1.40
Employed Persons 2772.00 Thousand Jun/21 2699.00 2772.00 1885.00
Labor Force Participation Rate 72.70 percent Jun/21 70.60 74.10 60.20
Youth Unemployment Rate 14.70 percent Jun/21 12.80 14.80 5.60
Productivity 110.86 points Jun/21 112.59 112.90 57.16
Job Vacancies 74600.00 Mar/21 60000.00 84500.00 1395.00
Wage Growth 3.39 percent Jun/21 2.74 18.56 0.60
Wages in Manufacturing 116.00 points Jun/21 112.50 152.20 78.90
Population 5.37 Million Dec/20 5.33 5.37 3.57
Wages 50750.00 NOK/Month Jun/21 49920.00 50750.00 20126.00
Employment Rate 69.00 percent Jun/21 67.20 71.80 63.00