Wages in Norway increased 3.64 percent in September of 2019 over the same month in the previous year. Wage Growth in Norway averaged 11.55 percent from 2003 until 2019, reaching an all time high of 18.56 percent in the third quarter of 2009 and a record low of 1.07 percent in the second quarter of 2017. source: Statistics Norway

Wage Growth in Norway is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Norway to stand at 3.50 in 12 months time. In the long-term, the Norway Wages in Manufacturing YoY is projected to trend around 3.60 percent in 2020, according to our econometric models.

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Norway Wages in Manufacturing YoY

Actual Previous Highest Lowest Dates Unit Frequency
3.64 3.10 18.56 1.07 2003 - 2019 percent Quarterly
NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.90 5.10 2.40 percent [+]
Employed Persons 2731.00 2736.00 2744.00 1991.00 Thousand [+]
Unemployed Persons 76678.00 76719.00 188587.00 38220.00 [+]
Labor Force Participation Rate 71.30 70.20 74.10 60.20 percent [+]
Long Term Unemployment Rate 0.70 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 10.00 10.20 15.70 6.80 percent [+]
Productivity 103.98 105.40 105.40 57.16 points [+]
Labour Costs 127.00 139.90 139.90 53.40 points [+]
Job Vacancies 65800.00 84500.00 84500.00 1395.00 [+]
Wage Growth 3.64 3.10 18.56 1.07 percent [+]
Wages in Manufacturing 105.30 109.90 152.20 78.90 points [+]
Population 5.30 5.26 5.30 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 678.70 672.60 699.00 531.90 Thousand [+]
Wages 45900.00 47180.00 47220.00 20126.00 NOK/Month [+]
Employment Change 0.30 0.40 1.50 -0.90 percent [+]
Employment Rate 68.60 67.80 71.80 63.00 percent [+]
Full Time Employment 1960.60 1932.40 1960.60 1558.80 Thousand [+]