Wages in Norway increased to 46940 NOK/Month in the fourth quarter of 2019 from 45900 NOK/Month in the third quarter of 2019.

Wages in Norway averaged 37486.43 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. 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 June of 2020.

Wages in Norway is expected to be 48878.00 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 49264.00 NOK/Month in 2021 and 51038.00 NOK/Month in 2022, according to our econometric models.

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Norway Average Monthly Earnings

Actual Previous Highest Lowest Dates Unit Frequency
46940.00 45900.00 47220.00 20126.00 1997 - 2019 NOK/Month Quarterly
NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.50 5.10 2.40 percent [+]
Employed Persons 2732.00 2747.00 2747.00 1991.00 Thousand [+]
Unemployed Persons 75150.00 75670.00 188587.00 38220.00 [+]
Labor Force Participation Rate 70.20 70.50 74.10 60.20 percent [+]
Long Term Unemployment Rate 0.90 0.80 2.00 0.30 percent [+]
Youth Unemployment Rate 10.00 10.10 15.70 6.80 percent [+]
Labour Costs 125.10 126.70 139.90 53.40 points [+]
Productivity 104.96 106.48 106.48 57.16 points [+]
Job Vacancies 63900.00 65800.00 84500.00 1395.00 [+]
Wage Growth 2.78 3.46 18.56 1.07 percent [+]
Wages in Manufacturing 111.00 107.50 152.20 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 671.20 678.70 699.00 531.90 Thousand [+]
Full Time Employment 1940.50 1960.60 1960.60 1558.80 Thousand [+]
Employment Change 0.20 0.30 1.50 -0.90 percent [+]
Employment Rate 67.90 68.60 71.80 63.00 percent [+]
Wages 46940.00 45900.00 47220.00 20126.00 NOK/Month [+]