Wages in Norway increased 3.39 percent in June of 2021 over the same month in the previous year. source: Statistics Norway

Wage Growth in Norway averaged 10.69 percent from 2003 until 2021, reaching an all time high of 18.56 percent in the third quarter of 2009 and a record low of 0.60 percent in the first 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 September of 2021.

Wage Growth in Norway is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.

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Norway Wages in Manufacturing YoY

Actual Previous Highest Lowest Dates Unit Frequency
3.39 2.74 18.56 0.60 2003 - 2021 percent Quarterly
NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.00 6.40 1.40 percent [+]
Employed Persons 2772.00 2699.00 2772.00 1885.00 Thousand [+]
Unemployed Persons 93914.00 101760.00 291072.00 38220.00 [+]
Labor Force Participation Rate 72.70 70.60 74.10 60.20 percent [+]
Long Term Unemployment Rate 1.10 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 14.70 12.80 14.80 5.60 percent [+]
Labour Costs 145.80 129.20 145.80 53.30 points [+]
Productivity 110.86 112.59 112.90 57.16 points [+]
Job Vacancies 74600.00 60000.00 84500.00 1395.00 [+]
Wage Growth 3.39 2.74 18.56 0.60 percent [+]
Wages in Manufacturing 116.00 112.50 152.20 78.90 points [+]
Population 5.37 5.33 5.37 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 668.60 648.10 699.00 531.90 Thousand [+]
Full Time Employment 1983.50 1937.40 1983.50 1558.80 Thousand [+]
Employment Change 0.40 -0.30 1.40 -2.70 percent [+]
Employment Rate 69.00 67.20 71.80 63.00 percent [+]
Wages 50750.00 49920.00 50750.00 20126.00 NOK/Month [+]