HistoryData

Unemployment Rate: Norway

Norway's unemployment rate is currently 4.2% as of 2026. # Norway Unemployment Rate Norway's unemployment rate stands at 4.

Current (2026)
4.2%
-2.3% y/y
Peak (1992)
5.9%
Low (1980)
1.6%
Source
IMF World Economic Outlook
19802026 · 51 pts

Unemployment RateNorway

19802026

Unemployment Rate — Norway
1.6%2.675%3.75%4.825%5.9%198019902000201020202030LowPeak
Analysis# Norway Unemployment Rate Norway's unemployment rate stands at 4.2% in 2026, reflecting a labor market that remains relatively stable despite historical volatility. This figure sits well below the all-time peak of 5.9% recorded in 1992, yet substantially above the historic low of 1.6% in 1980. Over the past 46 years, the unemployment rate has increased 162.5% from its lowest point, indicating a general upward shift in structural unemployment levels across the Norwegian economy. The period from 2017 to 2023 demonstrated remarkable resilience, with rates declining from 4.2% to a low of 3.3% in 2022 before gradually rising again. The 2020 pandemic spike to 4.6% proved temporary and quickly reversed. Current projections through 2026 suggest stabilization around 4.2%, indicating Norway's labor market has settled into a moderate equilibrium without signs of significant deterioration or improvement in the near term.

Historical Data

51 Rows
YearValueChange %
20303.8%-2.56%
20293.9%-2.50%
20284.0%-2.44%
20274.1%-2.38%
20264.2%-2.33%
20254.3%+7.50%
20244.0%+11.11%
20233.6%+9.09%
20223.3%-25.00%
20214.4%-4.35%
20204.6%+24.32%
20193.7%-5.13%
20183.9%-7.14%
20174.2%-10.64%
20164.7%+4.44%
20154.5%+25.00%
20143.6%-5.26%
20133.8%+15.15%
20123.3%-2.94%
20113.4%-10.53%
Show all 51 rows
YearValueChange %
20103.8%+15.15%
20093.3%+22.22%
20082.7%+8.00%
20072.5%-26.47%
20063.4%-26.09%
20054.6%+2.22%
20044.5%+0.00%
20034.5%+15.38%
20023.9%+11.43%
20013.5%+2.94%
20003.4%+6.25%
19993.2%+0.00%
19983.2%-20.00%
19974.0%-16.67%
19964.8%-2.04%
19954.9%-9.26%
19945.4%-8.47%
19935.9%+0.00%
19925.9%+7.27%
19915.5%+5.77%
19905.2%+6.12%
19894.9%+58.06%
19883.1%+47.62%
19872.1%+5.00%
19862.0%-23.08%
19852.6%-16.13%
19843.1%-8.82%
19833.4%+30.77%
19822.6%+30.00%
19812.0%+25.00%
19801.6%

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