Wages in Norway increased 3.10 percent in June of 2019 over the same month in the previous year. Wage Growth in Norway averaged 11.67 percent from 2003 until 2019, 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.
Wage Growth in Norway is expected to be 2.90 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 3.20 in 12 months time. In the long-term, the Norway Wages in Manufacturing YoY is projected to trend around 3.40 percent in 2020, according to our econometric models.