Labour Costs in Norway increased to 145.80 points in the second quarter of 2021 from 129.20 points in the first quarter of 2021. source: EUROSTAT

Labour Costs in Norway averaged 91.60 points from 1995 until 2021, reaching an all time high of 145.80 points in the second quarter of 2021 and a record low of 53.30 points in the fourth quarter of 1995. This page provides - Norway Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Labour Costs - values, historical data and charts - was last updated on September of 2021.

Labour Costs in Norway is expected to be 131.05 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Labour Costs is projected to trend around 135.10 points in 2022 and 139.56 points in 2023, according to our econometric models.

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Norway Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
145.80 129.20 145.80 53.30 1995 - 2021 points Quarterly
NSA, 2010=100

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 [+]