Labor Force Participation Rate in Norway decreased to 70.50 percent in the fourth quarter of 2019 from 71.30 percent in the third quarter of 2019.
Labor Force Participation Rate in Norway averaged 69.40 percent from 1972 until 2019, reaching an all time high of 74.10 percent in the second quarter of 2002 and a record low of 60.20 percent in the first quarter of 1974. This page provides - Norway Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Norway
Labor Force Participation Rate in Norway is expected to be 70.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Norway to stand at 70.90 in 12 months time. In the long-term, the Norway Labor Force Participation Rate is projected to trend around 71.00 percent in 2020, according to our econometric models.