Norway Forecast: Unemployment Rate

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Norway Unemployment Rate Forecast

  • Norway Unemployment Rate is forecasted to be 3.800 % in Dec 2024 as reported by International Monetary Fund
  • It records no change from the last reported number of 3.600 % in Dec 2023
  • Looking ahead, Norway Unemployment Rate is projected to stand at 3.800 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Norway's Forecast: Unemployment Rate from 1980 to 2028 in the chart:

Norway Forecast: Unemployment Rate

What is Norway's Forecast: Unemployment Rate in 2028?

Norway Unemployment Rate is forecasted to be 3.800 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.800 2028 3.800 2027 1.650 1980 5.948 1993 % yearly 1980 - 2028

Forecast: Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 11.000 2028 yearly 1980 - 2028
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.675 2028 yearly 2010 - 2028
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.000 2028 yearly 1980 - 2028
Armenia (%) 14.000 2028 yearly 2001 - 2028
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.898 2028 yearly 1980 - 2028
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.545 2028 yearly 2000 - 2028
Bahamas (%) 9.190 2028 yearly 1986 - 2028
Bahrain (%) 5.400 2022 yearly 2007 - 2022
Bangladesh (%) 0.000 yearly -
Barbados (%) 9.718 2028 yearly 1981 - 2028
Belarus (%) 3.455 2028 yearly 1993 - 2028
Belgium (%) 5.402 2028 yearly 1980 - 2028
Belize (%) 2.800 2028 yearly 1990 - 2028
Benin (%) 0.000 yearly -
Bhutan (%) 5.900 2022 yearly 2003 - 2022
Bolivia (%) 5.200 2028 yearly 2000 - 2028
Bosnia and Herzegovina (%) 15.255 2028 yearly 1995 - 2028
Botswana (%) 0.000 yearly -
Brazil (%) 7.931 2028 yearly 1991 - 2028
Brunei (%) 4.900 2028 yearly 2011 - 2028
Bulgaria (%) 4.200 2028 yearly 1989 - 2028
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.999 2028 yearly 1980 - 2028
Cape Verde (%) 8.500 2028 yearly 1980 - 2028
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.499 2028 yearly 1980 - 2028
China (%) 5.200 2028 yearly 2017 - 2028
Colombia (%) 9.511 2028 yearly 1980 - 2028
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.581 2028 yearly 1991 - 2028
Cyprus (%) 5.481 2028 yearly 1982 - 2028
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2028 yearly 1991 - 2028
Ecuador (%) 3.500 2028 yearly 1988 - 2028
Egypt (%) 6.679 2028 yearly 1990 - 2028
El Salvador (%) 5.500 2028 yearly 1988 - 2028
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.364 2028 yearly 1993 - 2028
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2028 yearly 1986 - 2028
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 17.516 2028 yearly 1996 - 2028
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 2.774 2028 yearly 1980 - 2028
Hungary (%) 3.300 2028 yearly 1980 - 2028
Iceland (%) 3.976 2028 yearly 1980 - 2028
India (%) 0.000 yearly -
Indonesia (%) 5.100 2028 yearly 1984 - 2028
Iran (%) 9.779 2028 yearly 1990 - 2028
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 4.000 2028 yearly 1980 - 2028
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 8.375 2021 yearly 1980 - 2021
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 22.850 2022 yearly 1984 - 2022
Kazakhstan (%) 4.775 2028 yearly 1994 - 2028
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.205 2028 yearly 1980 - 2028
Kosovo (%) 20.750 2021 yearly 2012 - 2021
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 9.014 2028 yearly 1994 - 2028
Laos (%) 0.000 yearly -
Latvia (%) 6.402 2028 yearly 1992 - 2028
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Norway Key Series

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Includes 241 key indicators for Norway, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 18.7 Sep 2023 quarterly Dec 2002 - Sep 2023
Consolidated Fiscal Balance (USD mn) 21,364.769 Jun 2023 quarterly Mar 2002 - Jun 2023
Tax Revenue (USD mn) 39,706.155 Mar 2023 quarterly Mar 2002 - Mar 2023
Tax Revenue: % of GDP (%) 30.6 Sep 2023 quarterly Mar 2002 - Sep 2023
National Government Debt (USD mn) 211,756.9 2022 yearly 1995 - 2022
Government Debt: % of GDP (%) 36.5 2022 yearly 1995 - 2022
Forecast: Government Expenditure (NOK bn) 2,771.660 2028 yearly 1980 - 2028
Forecast: Government Net Debt (NOK bn) 2,191.300 2028 yearly 1980 - 2028
Forecast: Government Revenue (NOK bn) 3,394.140 2028 yearly 1980 - 2028
General Govt Taxes: GS: Value Added Tax (NOK mn) 370,700.000 2022 yearly 1995 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.315 2028 yearly 1980 - 2028
Trade Balance (USD mn) 7,003.3 Jan 2024 monthly Jan 1957 - Jan 2024
Total Exports (USD mn) 14,758.2 Jan 2024 monthly Jan 1975 - Jan 2024
Total Exports Growth (%) -16.4 Jan 2024 monthly Jan 1976 - Jan 2024
Aluminum: Exports (USD th) 6,135,979.913 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 448,682.646 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 277,185.408 2022 yearly 1995 - 2022
Total Imports (USD mn) 7,754.9 Jan 2024 monthly Jan 1976 - Jan 2024
Total Imports Growth (%) 6.3 Jan 2024 monthly Jan 1977 - Jan 2024
Imports: Medicament (USD th) 1,781,332.513 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,061,381.998 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 340.837 Jan 2024 monthly Jan 1988 - Jan 2024
Total Imports from USA (USD mn) 754.471 Jan 2024 monthly Apr 1963 - Jan 2024
Total Exports to China (USD mn) 379.347 Jan 2024 monthly Mar 1977 - Jan 2024
Total Imports from China (USD mn) 806.633 Jan 2024 monthly Apr 1963 - Jan 2024
Exports: Crude Oil (NOK mn) 43,343.000 Jan 2024 monthly Jan 1974 - Jan 2024
Imports (NOK mn) 80,756.000 Jan 2024 monthly Jan 1976 - Jan 2024
Exports (NOK mn) 153,686.000 Jan 2024 monthly Jan 1975 - Jan 2024
Exports: Netherlands (NOK th) 19,114,512.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: United Kingdom (NOK th) 30,947,347.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Sweden (NOK th) 11,970,557.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Germany (NOK th) 23,657,519.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: France (NOK th) 8,257,858.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Chemical and Related Product (NOK th) 7,179,489.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Food and Live Animals (NOK th) 13,803,417.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Manufactured Goods (NOK th) 11,118,904.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 105,405,817.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 9,865,351.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: Denmark (NOK th) 3,751,949.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: China (NOK th) 8,399,951.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: Sweden (NOK th) 9,033,369.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: United Kingdom (NOK th) 2,905,827.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: Germany (NOK th) 7,935,952.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Miscellaneous Manufactured Goods (NOK th) 10,437,444.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Machinery and Transport Equipment (NOK th) 32,237,244.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Chemical and Related Product (NOK th) 9,383,130.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Crude Material and Inedible (NOK th) 4,975,499.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Manufactured Goods (NOK th) 10,108,520.000 Jan 2024 monthly Jan 1988 - Jan 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 270,940.0 Sep 2023 quarterly Mar 1994 - Sep 2023
Current Account Balance (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
Current Account Balance: % of GDP (%) 16.1 Sep 2023 quarterly Mar 1981 - Sep 2023
Foreign Direct Investment (USD mn) -1,763.3 Jun 2023 quarterly Mar 2005 - Jun 2023
Foreign Direct Investment: % of GDP (%) -0.9 Dec 2022 quarterly Mar 2005 - Dec 2022
Foreign Portfolio Investment (USD mn) 422,791.734 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 368.4 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 126,511.1 Sep 2023 quarterly Mar 2005 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 296,280.678 Sep 2023 quarterly Mar 2005 - Sep 2023
External Debt (USD mn) 737,752.2 Jun 2023 quarterly Mar 2003 - Jun 2023
External Debt: % of GDP (%) 133.0 2022 yearly 2003 - 2022
External Debt: Short Term (USD mn) 320,746.7 Jun 2023 quarterly Mar 2012 - Jun 2023
External Debt: Short Term: % of GDP (%) 57.5 2022 yearly 2012 - 2022
Total Debt: % of GDP (%) 572.8 Sep 2023 quarterly Dec 1995 - Sep 2023
Forecast: Current Account Balance (USD bn) 105.824 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 1,383,663.405 Jun 2023 quarterly Mar 2012 - Jun 2023
BoP: Financial Account (FA): Foreign Assets (NOK mn) 24,852,078.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) 2,838,250.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) 17,838,334.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Assets: Other Investments (NOK mn) 3,336,343.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Assets: Reserve Assets (NOK mn) 839,151.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Liabilities (NOK mn) -160,624.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) 2,290,121.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) 4,428,983.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Liabilities: Other Investments (NOK mn) 3,997,966.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 61,807.000 Jun 2023 quarterly Mar 1981 - Jun 2023
BoP: BI: Net Current Transfers (NOK mn) -24,571.000 Jun 2023 quarterly Mar 1981 - Jun 2023
BoP: Current Account Balance (NOK mn) 171,339.000 Jun 2023 quarterly Mar 1981 - Jun 2023
IIP: Foreign Assets (NOK mn) 25,416,092.000 Jun 2023 quarterly Mar 2012 - Jun 2023
IIP: Foreign Liabilities (NOK mn) 10,595,950.000 Jun 2023 quarterly Mar 2012 - Jun 2023
Gross External Debt (NOK mn) 7,901,916.000 Jun 2023 quarterly Mar 2012 - Jun 2023
Gross Debt: External Loan Debt: General Public (NOK mn) 1,222,575.000 Dec 2018 quarterly Dec 2015 - Dec 2018
Foreign Direct Investment: Stock (NOK mn) 1,542,388.000 2022 yearly 2004 - 2022
Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 2,508.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 84,769.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 203,949.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 17,239.000 2022 yearly 2004 - 2022
Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 278,938.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
No of Bankruptcies: SIC 2007 (Unit) 1,186.000 Dec 2023 quarterly Mar 2006 - Dec 2023
No of New Registered Enterprises (Unit) 16,192.000 Dec 2023 quarterly Mar 2001 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 2022 yearly 1990 - 2022
Household Debt: % of GDP (%) 88.8 Sep 2023 quarterly Dec 1995 - Sep 2023
Money Supply M1 (USD mn) 256,710.307 Jan 2024 monthly Dec 1992 - Jan 2024
Money Supply M2 (USD mn) 296,449.611 Jan 2024 monthly Dec 1992 - Jan 2024
M2 Growth (%) -1.5 Jan 2024 monthly Dec 1993 - Jan 2024
Reserve Requirement Ratio (%) 3.5 Feb 2024 monthly Oct 2011 - Feb 2024
Foreign Exchange Reserves (USD mn) 71,901.1 Feb 2024 monthly Jan 1999 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 14.217 Dec 2023 quarterly Mar 1999 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 9.8 Feb 2024 monthly Jan 1999 - Feb 2024
Gold Reserves (USD mn) 0.000 Jan 2024 monthly Dec 1959 - Jan 2024
Total Deposits (USD mn) 478,475.795 Jan 2024 monthly May 2009 - Jan 2024
Total Deposits Growth (%) 1.6 Jan 2024 monthly May 2010 - Jan 2024
Domestic Credit (USD mn) 696,201.2 Jan 2024 monthly Dec 1985 - Jan 2024
Domestic Credit Growth (%) 3.6 Jan 2024 monthly Dec 1986 - Jan 2024
Debt Service Ratio: Households (%) 19.500 Sep 2023 quarterly Mar 1999 - Sep 2023
Debt Service Ratio: Private Non-Financial Sector (%) 34.300 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 414.690 Sep 2023 quarterly Mar 1975 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 1,108.913 Sep 2023 quarterly Dec 1953 - Sep 2023
Household Debt (USD mn) 430,059.9 Jun 2023 quarterly Dec 1995 - Jun 2023
Total Loans (USD mn) 776,012.942 Dec 2023 monthly Mar 1996 - Dec 2023
Total Loans Growth (%) 4.56 Dec 2023 monthly Mar 1997 - Dec 2023
Private Debt: % of Nominal GDP (%) 118.19 Dec 2023 quarterly Mar 1996 - Dec 2023
Official Reserve Assets (NOK mn) 840,044.000 Jan 2024 monthly Jan 1999 - Jan 2024
Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 678,926.000 Feb 2024 monthly Jan 1999 - Feb 2024
Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
Loans: Banks (NOK mn) 4,903,619.000 Jan 2024 monthly Jan 1996 - Jan 2024
Non Performing Loans Ratio: Enterprises (%) 0.500 2022 yearly 1990 - 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.9 Jan 2024 monthly Feb 2005 - Jan 2024
Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

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