Wages in Norway increased to 49920 NOK/Month in the first quarter of 2021 from 48750 NOK/Month in the fourth quarter of 2020. source: Statistics Norway

Wages in Norway averaged 39096.63 NOK/Month from 1997 until 2021, reaching an all time high of 49920 NOK/Month in the first quarter of 2021 and a record low of 20126 NOK/Month in the fourth quarter of 1997. This page provides - Norway Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Average Monthly Earnings - values, historical data and charts - was last updated on August of 2021.

Wages in Norway is expected to be 49145.00 NOK/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Norway to stand at 51368.00 in 12 months time. In the long-term, the Norway Average Monthly Earnings is projected to trend around 51518.00 NOK/Month in 2022 and 53218.00 NOK/Month in 2023, according to our econometric models.

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Norway Average Monthly Earnings

Actual Previous Highest Lowest Dates Unit Frequency
49920.00 48750.00 49920.00 20126.00 1997 - 2021 NOK/Month Quarterly
NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.80 6.40 1.40 percent [+]
Employed Persons 2699.00 2706.00 2755.00 1885.00 Thousand [+]
Unemployed Persons 103390.00 103201.00 295761.00 38220.00 [+]
Labor Force Participation Rate 70.60 70.30 74.10 60.20 percent [+]
Long Term Unemployment Rate 1.10 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 12.80 10.60 14.80 5.60 percent [+]
Labour Costs 129.20 127.10 145.30 53.30 points [+]
Productivity 112.59 112.90 112.90 57.16 points [+]
Job Vacancies 74600.00 60000.00 84500.00 1395.00 [+]
Wage Growth 2.74 1.21 18.56 1.07 percent [+]
Wages in Manufacturing 112.50 108.80 152.20 78.90 points [+]
Population 5.37 5.33 5.37 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 648.10 658.70 699.00 531.90 Thousand [+]
Full Time Employment 1937.40 1937.30 1960.60 1558.80 Thousand [+]
Employment Change -0.30 0.90 1.40 -2.70 percent [+]
Employment Rate 67.20 67.00 71.80 63.00 percent [+]
Wages 49920.00 48750.00 49920.00 20126.00 NOK/Month [+]