The Personal Income Tax Rate in Norway stands at 38.20 percent. source: Norwegian Tax Administration

Personal Income Tax Rate in Norway averaged 46.41 percent from 1995 until 2020, reaching an all time high of 55.30 percent in 2003 and a record low of 38.20 percent in 2019. This page provides - Norway Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Personal Income Tax Rate - values, historical data and charts - was last updated on October of 2021.

Personal Income Tax Rate in Norway is expected to reach 38.20 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Personal Income Tax Rate is projected to trend around 38.20 percent in 2022, according to our econometric models.

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Norway Personal Income Tax Rate

Norway Last Unit Reference Previous Highest Lowest
Corporate Tax Rate 22.00 percent Dec/21 22.00 50.80 22.00
Personal Income Tax Rate 38.20 percent Dec/21 38.20 55.30 38.20
Social Security Rate 22.30 percent Dec/21 22.30 24.50 4.40
Social Security Rate For Companies 14.10 percent Dec/21 14.10 16.70 12.80
Social Security Rate For Employees 8.20 percent Dec/21 8.20 8.20 4.40

Norway Personal Income Tax Rate
In Norway, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Norway.