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Norway Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

4.64% +0.62pp (+15.5%)
Year 2025 Rank #78 Global Peak 6.31% (1995) Source World Bank

Norway Unemployment Rate (1980–2025)

Overview

Norway's unemployment rate stood at 4.64% in 2025, a rise of +0.62pp from 2024. The IMF projects 4.30% by 2025. Norway ranked 78th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 3.80% - -
2029* IMF 3.90% - -
2028* IMF 4.00% - -
2027* IMF 4.10% - -
2026* IMF 4.20% - -
2025* IMF 4.30% - -
2025 4.64% +0.62pp #78
2024 4.00% +0.41pp #70
2023 3.57% +0.32pp #63
2022 3.23% −1.18pp #43
2021 4.36% −0.24pp #53
2020 4.42% +0.70pp #53
2019 3.68% −0.17pp #58
2018 3.80% −0.42pp #54
2017 4.16% −0.58pp #63
2016 4.68% +0.15pp #69
2015 4.30% +0.68pp #57
2014 3.49% −0.29pp #42
2013 3.43% +0.13pp #40
2012 3.13% −0.24pp #30
2011 3.20% −0.60pp #32
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.0% GDP growth 3.9% C/A balance 14.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Norway matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Norway's unemployment rate?

Norway's unemployment rate was 4.64% in 2025. Ranked 78th globally. This represents a 15.5% increase from the previous year.

What was the highest unemployment rate in Norway?

Norway's unemployment rate peaked at 6.31% in 1995.

What was the lowest unemployment rate in Norway?

The lowest unemployment rate in Norway was 1.65% in 1980.

How does Norway rank in unemployment rate?

Norway ranks 78th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Norway in 2025?

Norway's unemployment rate is projected to reach 4.30% by 2025 based on IMF projection.

What is the unemployment rate of Norway in 2025?

The unemployment rate of Norway in 2025 was 4.64%. This ranks 78th in the world.

Cite this page

APA
Norway Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/norway/unemployment-rate
BibTeX
@misc{historysaid_norway_unemployment-rate, title = {Norway Unemployment Rate}, url = {https://historysaid.com/norway/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }