Norway Unemployment Rate stands at 4.50% as of June 2026, down from 5.40% a year earlier. The reading sits in the 68th percentile of its history back to 1989.
| Latest (June 2026) | 4.50% |
| One year ago | 5.40% |
| 10-year range | 2.60% – 5.90% |
| All-time range | 2.40% (2007) – 6.80% (1993) |
| Change over 12 months | −0.9 pts |
| Percentile vs. full history | 68th |
| History | 1989–2026 (450 observations) |
The share of Norway's labor force that is out of work and looking for a job. Unemployment is a lagging indicator on the way down but a powerful early signal on the way up: sustained increases from a cycle low have historically been among the most reliable markers of a downturn taking hold. Because labor data is published promptly and revised little, it anchors the growth pillar of most macro frameworks. Data: harmonized unemployment statistics via the OECD.
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<a href="https://www.tacticalassetallocation.com/charts/norway-unemployment-rate/">Norway Unemployment Rate — Cambria Chart Lab</a>
Data: download CSV (source: OECD key economic indicators).