Labor cost index in Norway, Q1 1997 - Q4 2020
For that indicator, we provide data for Norway from Q1 1997 to Q4 2020. The average value for Norway during that period was 87.23 index points with a minimum of 49.7 index points in Q1 1997 and a maximum of 125.5 index points in Q4 2020.
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* 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.