Wages in Norway decreased to 45900 NOK/Month in the third quarter of 2019 from 47180 NOK/Month in the second quarter of 2019. Wages in Norway averaged 37208.38 NOK/Month from 1997 until 2019, reaching an all time high of 47220 NOK/Month in the first quarter of 2019 and a record low of 20126 NOK/Month in the fourth quarter of 1997.

Wages in Norway is expected to be 48967.00 NOK/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Norway to stand at 47552.00 in 12 months time. In the long-term, the Norway Average Monthly Earnings is projected to trend around 51038.00 NOK/Month in 2020, according to our econometric models.

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Norway Average Monthly Earnings

Actual Previous Highest Lowest Dates Unit Frequency
45900.00 47180.00 47220.00 20126.00 1997 - 2019 NOK/Month 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 0.80 0.70 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 [+]