Norway Average Salaries & Expenditures

 
Contents
Average Employment Income   Average Salary per Job   Average Salary per Sector   Consumption Expenditure   Workforce Composition
Vacation Time   Exchange Rates   Cost of Living   References
 

Average Employment Income

:
annual, per worker, incl. dependent & self employment
   Disposable (1)  Gross (2)   
2004
25,224
225,552
 
37,094
331,692
 
constant 2005 US$ at PPP
current kroners
(1)    Based on gross employment average income and non-consumption expenditure per worker.
(2)    Based on salary & business average income per capita and proportion of earners to household size.
Source: Norway Income Distribution Survey [22], 2004 (2.1 persons per household, 1.0 earner per household).
 
 

Average Salary in Norway - Job and Sector Comparison.

Job  Net Monthly Income  constant 2005 US$ (1) Notes                                                                               Gross Monthly Average Income (2) Compulsory Deductions (3) Weekly Hours (4)
 
Airline Pilot average income PPP $ 4,263 $ 4,500 Employees, 2001. 59,151 kroners 38% 37.5
Teacher average income PPP $ 2,573 $ 3,550 Employees, 2005. 34,186 kroners 33%
Carpenter average income PPP $ 2,246 $ 3,098 Employees, 2005. 28,972 kroners 31% 37.5
Professional Nurse average income PPP $ 2,229 $ 3,075 Employees, 2005. 28,754 kroners 31% 37.5
Flight Attendant average income PPP $ 2,051 $ 2,165 Employees, 2001. 25,568 kroners 31% 37.5
Car Mechanic average income PPP $ 2,046 $ 2,823 Employees, 2005. 25,296 kroners 28% 37.5
Auxiliary Nurse average income PPP $ 1,917 $ 2,645 Employees, 2005. 23,064 kroners 26% 37.5
Bus Driver average income PPP $ 1,909 $ 2,633 Employees, 2005. 22,655 kroners 25% 37.5
Salesperson average income PPP $ 1,819 $ 2,510 Employees, 2005. 21,306 kroners 24% 37.5
Chambermaid average income PPP $ 1,448 $ 1,770 Employees, 1999. Women only. 15,500 kroners 24%
Sector              
Mining-Quarrying average income PPP $ 3,256 $ 4,492 Full-time employees, 2005. Excl. overtime payments. 43,908 kroners 34% 46.0
Financial average income PPP $ 2,910 $ 4,014 Full-time employees, 2005. Excl. overtime payments. 38,656 kroners 33% 36.6
Real Estate average income PPP $ 2,611 $ 3,602 Full-time employees, 2005. Excl. overtime payments. 34,691 kroners 33% 36.4
Gas-Electricity-Water average income PPP $ 2,490 $ 3,435 Full-time employees, 2005. Excluding overtime payments. 33,079 kroners 33% 36.5
All Sectors average income PPP $ 2,302 $ 3,176 Full-time employees, 2005. Excl. overtime payments. Excl. primary sector. 30,138 kroners 32% 34.6
Education average income PPP $ 2,298 $ 3,170 Full-time employees, 2005. Excl. overtime payments. 30,075 kroners 32%
Transport-Communication average income PPP $ 2,252 $ 3,107 Full-time employees, 2005. Excl. overtime payments. 29,484 kroners 32% 38.7
Manufacturing average income PPP $ 2,242 $ 3,093 Full-time employees, 2005. Excl. overtime payments. 28,922 kroners 31% 36.3
Construction average income PPP $ 2,198 $ 3,032 Full-time employees, 2005. Excl. overtime payments. 27,948 kroners 30% 38.1
Hotels-Restaurants average income PPP $ 1,913 $ 2,639 Full-time employees, 2005. Excl. overtime payments. 23,008 kroners 26% 31.4
 
  (1) The net average income in "constant 2005 US$" is computed using the Interbank nominal exchange rate [a] and the U.S. inflation rate [d]. The net average income in "constant 2005 US$" at PPP is computed using the OECD PPP exchange rates for actual personal consumption [l] and the U.S. inflation rate [d]. The latter reflects the purchasing power in the United States in 2005.
  (2) The gross monthly average income is based on data supplied by Statistics Norway to the International Labour Organization [9]. The average income includes the salaries and wages of paid employees. Employees include both men and women unless otherwise noted.
  (3) The compulsory deductions reflect the 2004 income tax rates in Norway [i]. The deductions include the income tax, municipal tax, top tax, as well as contributions to the Norvegian national insurance scheme. The deductions are representative of single-earner-married-without-child status, and take into account family benefits in terms of cash transfers.
  (4) The hours actually worked is based on data supplied by Statistics Norway to the International Labour Organization [9]. The hours by job correspond to the hours paid for, which may not correspond to the hours actually worked.
 
 
 
 

Consumption Expenditure

:
annual, per capita, incl. non-monetary expenditure
   Total   Health   Housing (1)  Food (2)  Apparel   Education   Transport     
2005
14,530
129,335
 
492
4,380
 
3,484
31,013
 
3,053
27,174
 
913
8,123
 
53
476
 
2,973
26,464
 
constant 2005 US$ at PPP
current kroners
(1)    Excl. owner-imputed rentals. Incl. actual rentals, maintenance and repair of the dwelling, Water supply and miscellaneous services relating to the dwelling, Electricity, gas and other fuels, furnishings, household equipment and routine maintenance of the house.
(2)    Incl. alcoholic beverages, restaurants, cafes, cantines.
Source: Norway Survey of Consumption Expenditure [22], 2003-2005 (2.21 persons per household).
 

Workforce Composition

:
percentage of total workforce
   Primary (1)  Manufacturing   Education   Financial   Paid Employees   Unemployed  
2005 4.8   11.6   8.3   2.2   92.6    
%
(1)    Agriculture, hunting, forestry, fishing, mining, and quarrying.
Source: International Labour Organization [9].
 

Workforce Size

 :  
2.29 million (2005).
Source:   International Labour Organization [9].
 

Population

 :  
4.61 million (2006).
Source:   CIA World Factbook [b].
 

Compulsory Deductions

 :  
29.0% for a single with no child, 17.3% for a single with two children, 26.5% for a one-earner married couple with no child, and 20.4% for a one-earner married couple with two children.
Source:   OECD Tax Database, 2005, combined deductions on a gross monthly salary income of 31,661 kroners including the family allowances in terms of cash transfers [k].
 

Vacation Time

 :  
25 working days per year legally required minimum [e].
 

Inflation

 :  
115.4 (2001), 116.9 (2002), 119.8 (2003), 120.4 (2004), 122.5 (2005);
Source:   IMF inflation rates [d], Index: 1995=100.
 

PPP Exchange Rate

 :  
9.5302 (1999), 9.311 (2000), 9.477 (2001), 9.197 (2002), 9.332 (2003), 9.208 (2004), 8.901 (2005), 9.450 (2006), 9.470 (2007), 9.567 (2008);
Source:   OECD PPP exchange rates for actual individual consumption [l], kroners per U.S. dollar.
 

Nominal Exchange Rate

 :  
7.795 (1999), 8.776 (2000), 8.978 (2001), 7.937 (2002), 7.092 (2003), 6.711 (2004), 6.452 (2005);
Source:   Interbank nominal exchange rates [a], kroners per U.S. dollar.
 

Cost of Living

 :  
1.039 (1999), 1.046 (2000), 1.010 (2001), 1.105 (2002), 1.254 (2003), 1.366 (2004), 1.487 (2005);
Source:   Interbank nominal exchange rates [a] and IMF PPP exchange rates [d], US=1.000.
 

 

References

 
[9]   International Labour Organization. Compilation of average salary income worldwide. Classified by country, by employment category, and by gender.
[22]   Statistics Norway.
[a]   Interbank nominal exchange rate, Oanda.com; historical currency converter for over 164 currencies and 3 metals.
[d]   World Economic Outlook Database, September 2006, International Monetary Fund.
[e]   Wikipedia, Vacation.
[i]   Calculation of Norwegian Income Taxes, income year 2005.
[k]   OECD Tax Database. Annual database providing comparative information on personal and corporate income tax and consumption tax systems and rates in OECD countries since 2000. Information on social security contributions levied on employees and their employers is also reported.
[l]   OECD. PPP exchange rates for actual individual consumption.
 
Other links:
Social Security in Norway, Social Security Programs Throughout the World, 2004-2005, compiled by the U.S. Social Security Administration.
Norway: Statistics, Organization for Economic Co-Operation and Development (OECD).
Norway Economy Overview, CIA World Factbook.
Norway: Selected Internet Resources, U.S. Library of Congress.
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