Labor cost index
| Latest value
For that indicator, we provide data for Norway from to . The average value for Norway during that period was index points with a minimum of index points in and a maximum of index points in .
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around the world.
* indicates monthly or quarterly data series
Measure: index points
Source: Statistics Norway
Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.