Wages in Norway increased 1.21 percent in December of 2020 over the same month in the previous year. source: Statistics Norway
Wage Growth in Norway averaged 10.92 percent from 2003 until 2020, 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. This page provides - Norway Wages in Manufacturing YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Wages in Manufacturing YoY - values, historical data and charts - was last updated on May of 2021.
Wage Growth in Norway is expected to be 2.50 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 2.80 in 12 months time. In the long-term, the Norway Wages in Manufacturing YoY is projected to trend around 3.00 percent in 2022 and 3.30 percent in 2023, according to our econometric models.