Wages in Manufacturing in Norway increased to 116 points in the second quarter of 2021 from 112.50 points in the first quarter of 2021. source: Statistics Norway

Wages in Manufacturing in Norway averaged 112.30 points from 2000 until 2021, reaching an all time high of 152.20 points in the third quarter of 2015 and a record low of 78.90 points in the first quarter of 2000. This page provides - Norway Average Monthly Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Index of Average Monthly Earnings in Manufacturing - values, historical data and charts - was last updated on September of 2021.

Wages in Manufacturing in Norway is expected to be 113.65 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Index of Average Monthly Earnings in Manufacturing is projected to trend around 117.35 points in 2022 and 121.22 points in 2023, according to our econometric models.

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Norway Index of Average Monthly Earnings in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
116.00 112.50 152.20 78.90 2000 - 2021 points Quarterly
Q1 2016=100, NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.00 6.40 1.40 percent [+]
Employed Persons 2772.00 2699.00 2772.00 1885.00 Thousand [+]
Unemployed Persons 93914.00 101760.00 291072.00 38220.00 [+]
Labor Force Participation Rate 72.70 70.60 74.10 60.20 percent [+]
Long Term Unemployment Rate 1.10 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 14.70 12.80 14.80 5.60 percent [+]
Labour Costs 145.80 129.20 145.80 53.30 points [+]
Productivity 110.86 112.59 112.90 57.16 points [+]
Job Vacancies 74600.00 60000.00 84500.00 1395.00 [+]
Wage Growth 3.39 2.74 18.56 0.60 percent [+]
Wages in Manufacturing 116.00 112.50 152.20 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 668.60 648.10 699.00 531.90 Thousand [+]
Full Time Employment 1983.50 1937.40 1983.50 1558.80 Thousand [+]
Employment Change 0.40 -0.30 1.40 -2.70 percent [+]
Employment Rate 69.00 67.20 71.80 63.00 percent [+]
Wages 50750.00 49920.00 50750.00 20126.00 NOK/Month [+]


Norway Index of Average Monthly Earnings in Manufacturing
From 2016, Statistics Norway started publishing the Index of Average Monthly Earnings in Manufacturing with a new base year (Q1 2016=100). Previously, the base year was 2005.