Norway: Labor cost

* indicates monthly or quarterly data series
The most recent value is 110.1 index points as of Q1 2025, a decline compared to the previous value of 115.1 index points. Historically, the average for Norway from Q1 1996 to Q1 2025 is 74.18 index points. The minimum of 33.2 index points was recorded in Q1 1996, while the maximum of 140.5 index points was reached in Q2 2024. Click on the following link to see the values of: Labor cost around the world.
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* indicates monthly or quarterly data series

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Recent values Norway: Labor cost index
2025  Q1 110.1
2024  Q4 115.1
2024  Q3 119.5
2024  Q2 140.5
2024  Q1 105.9
2023  Q4 108.4
2023  Q3 111.5
2023  Q2 132.5


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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.

 Related indicators Latest Reference Measure
 Labor force 3.01 2023 million people
 Unemployment rate 3.58 2023 percent
 Female unemployment 3.47 2023 percent
 Male unemployment 3.67 2023 percent
 Youth unemployment 10.95 2023 percent
 Labor force participation 65.24 2023 percent
 Labor force: percent female 47.06 2023 percent
 Female labor force participation 61.77 2023 percent
 Male labor force participation 68.68 2023 percent
 Hours worked 1,418.43 2023 hours
 Self-employment 4.59 2022 percent
 Employment 2.90 Q4/2024 million employed people
 Unemployment rate 4.40 4/2025 percent
 Labor cost 110.10 Q1/2025 index points
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