Wages in Norway increased to 49430 NOK/Month in the second quarter of 2020 from 48730 NOK/Month in the first quarter of 2020. source: Statistics Norway

Wages in Norway averaged 38113.11 NOK/Month from 1997 until 2020, reaching an all time high of 49430 NOK/Month in the second quarter of 2020 and a record low of 20126 NOK/Month in the fourth quarter of 1997. This page provides - Norway Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Average Monthly Earnings - values, historical data and charts - was last updated on November of 2020.

Wages in Norway is expected to be 47048.00 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 50419.00 in 12 months time. In the long-term, the Norway Average Monthly Earnings is projected to trend around 48740.00 NOK/Month in 2021 and 49861.00 NOK/Month in 2022, according to our econometric models.

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Norway Average Monthly Earnings

Actual Previous Highest Lowest Dates Unit Frequency
49430.00 48730.00 49430.00 20126.00 1997 - 2020 NOK/Month Quarterly
NSA

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 112.12 100.48 112.12 57.16 points [+]
Job Vacancies 63900.00 65800.00 84500.00 1395.00 [+]
Wage Growth 1.99 3.09 18.56 1.07 percent [+]
Wages in Manufacturing 107.40 113.30 152.20 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 639.60 652.80 699.00 531.90 Thousand [+]
Full Time Employment 1957.80 1932.90 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 [+]