Wages in Norway increased 3.10 percent in June of 2019 over the same month in the previous year. Wage Growth in Norway averaged 11.67 percent from 2003 until 2019, reaching an all time high of 18.56 percent in the third quarter of 2009 and a record low of 1.07 percent in the second quarter of 2017.

Wage Growth in Norway is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Norway to stand at 3.20 in 12 months time. In the long-term, the Norway Wages in Manufacturing YoY is projected to trend around 3.40 percent in 2020, according to our econometric models.

Norway Wages in Manufacturing YoY
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Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.40 5.10 2.40 percent [+]
Employed Persons 2721.00 2712.00 2721.00 1991.00 Thousand [+]
Unemployed Persons 77148.00 78600.00 188587.00 38220.00 [+]
Labor Force Participation Rate 70.70 70.20 74.10 60.20 percent [+]
Long Term Unemployment Rate 0.90 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 10.10 9.40 15.70 6.80 percent [+]
Productivity 105.40 102.80 105.40 57.16 Index Points [+]
Labour Costs 139.90 122.30 139.90 53.40 Index Points [+]
Job Vacancies 75700.00 59700.00 78500.00 1395.00 [+]
Wage Growth 3.10 3.35 18.56 1.07 percent [+]
Wages in Manufacturing 109.90 108.00 152.20 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 672.50 673.10 699.00 531.90 Thousand [+]
Wages 47220.00 45380.00 47220.00 20126.00 NOK/Month [+]
Employment Change 0.40 0.50 1.50 -0.90 percent [+]
Employment Rate 67.80 67.20 71.80 63.00 percent [+]
Full Time Employment 1906.10 1916.10 1950.10 1558.80 Thousand [+]


Norway Wages in Manufacturing YoY

This page provides - Norway Wages in Manufacturing YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Wages in Manufacturing YoY - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.35 18.56 1.07 2003 - 2019 percent Quarterly
NSA




Country Last Previous
Argentina 2.60 Jun/19
Australia 2.30 Jun/19
Canada 2.50 Jun/19
Euro Area 2.70 Jun/19
France 0.80 Mar/19
Germany 1.20 Mar/19
Italy 0.70 Jul/19
Japan -0.30 Jul/19
Netherlands 2.68 Aug/19
Russia 3.00 Aug/19
Spain 4.92 Jul/19
Switzerland 0.50 Jun/19
United Kingdom 4.00 Jul/19
United States 5.20 Jul/19


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