Productivity in Norway decreased to 100.48 points in the second quarter of 2020 from 105.40 points in the second quarter of 2019. source: Statistics Norway

Productivity in Norway averaged 83.78 points from 1978 until 2020, reaching an all time high of 106.48 points in the fourth quarter of 2019 and a record low of 57.16 points in the third quarter of 1980. This page provides - Norway Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Productivity - values, historical data and charts - was last updated on October of 2020.

Productivity in Norway is expected to be 119.83 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Norway to stand at 119.89 in 12 months time. In the long-term, the Norway Productivity is projected to trend around 119.15 points in 2021 and 118.62 points in 2022, according to our econometric models.

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Norway Productivity

Actual Previous Highest Lowest Dates Unit Frequency
100.48 105.40 106.48 57.16 1978 - 2020 points Quarterly
SA, 2016=100

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.20 5.30 2.40 percent [+]
Employed Persons 2692.00 2688.00 2749.00 1991.00 Thousand [+]
Unemployed Persons 117907.00 122582.00 297647.00 38220.00 [+]
Labor Force Participation Rate 70.90 71.30 74.10 60.20 percent [+]
Long Term Unemployment Rate 0.80 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 12.90 13.30 15.70 6.80 percent [+]
Labour Costs 145.30 126.00 145.30 53.30 points [+]
Productivity 100.48 105.40 106.48 57.16 points [+]
Job Vacancies 63900.00 65800.00 84500.00 1395.00 [+]
Wage Growth 3.09 2.78 18.56 1.07 percent [+]
Wages in Manufacturing 113.30 111.00 152.20 78.90 points [+]
Population 5.33 5.30 5.33 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 652.80 670.90 699.00 531.90 Thousand [+]
Full Time Employment 1932.90 1942.50 1960.60 1558.80 Thousand [+]
Employment Change -1.30 -0.10 1.50 -1.30 percent [+]
Employment Rate 66.70 67.80 71.80 63.00 percent [+]
Wages 49430.00 48730.00 49430.00 20126.00 NOK/Month [+]


Norway Productivity
In Norway, Productivity is the real value of output produced by a unit of labor during a certain time.