Wages in Manufacturing in Norway increased to 111 points in the first quarter of 2020 from 107.50 points in the fourth quarter of 2019.

Wages in Manufacturing in Norway averaged 112.21 points from 2000 until 2020, reaching an all time high of 152.20 points in the third quarter of 2015 and a record low of 78.90 points in the first quarter of 2000. This page provides - Norway Average Monthly Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Index of Average Monthly Earnings in Manufacturing - values, historical data and charts - was last updated on July of 2020. source: Statistics Norway

Wages in Manufacturing in Norway is expected to be 107.09 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Norway to stand at 113.22 in 12 months time. In the long-term, the Norway Index of Average Monthly Earnings in Manufacturing is projected to trend around 111.62 points in 2021 and 114.19 points in 2022, according to our econometric models.

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Norway Index of Average Monthly Earnings in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
111.00 107.50 152.20 78.90 2000 - 2020 points Quarterly
Q1 2016=100, NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 3.60 5.10 2.40 percent [+]
Employed Persons 2715.00 2732.00 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 0.80 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 10.40 10.00 15.70 6.80 percent [+]
Labour Costs 125.10 127.70 140.40 53.30 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 670.90 671.20 699.00 531.90 Thousand [+]
Full Time Employment 1942.50 1940.50 1960.60 1558.80 Thousand [+]
Employment Change 0.00 0.10 1.50 -0.90 percent [+]
Employment Rate 67.90 68.60 71.80 63.00 percent [+]
Wages 48730.00 46940.00 48730.00 20126.00 NOK/Month [+]


Norway Index of Average Monthly Earnings in Manufacturing
From 2016, Statistics Norway started publishing the Index of Average Monthly Earnings in Manufacturing with a new base year (Q1 2016=100). Previously, the base year was 2005.