Norway youth unemployment rate

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Norway youth unemployment rate: 10.8 (-12.9%)
Last Update: February 29, 2024

Norway youth unemployment rate closed down 10.8 as of February 29, 2024 from 12.4 from the previous month and 9.5 from last year.


Norway youth unemployment rate Analytics & Data




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Norway youth unemployment rate

Date Values
2024-02-29 10.8
2024-01-31 12.4
2023-12-31 11.3
2023-11-30 11.3
2023-10-31 11.5
2023-09-30 10.5
2023-08-31 11.8
2023-07-31 10.9
2023-06-30 10.4
2023-05-31 8.2
2023-04-30 10.5
2023-03-31 13
2023-02-21 9.5
2023-01-31 12.4
2022-12-31 11.3
2022-11-30 8.6
2022-10-31 12.7
2022-09-30 10.5
2022-06-30 9.2
2022-03-31 10.9


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Norway youth unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
youth unemployment rate no.ytunemploymentrate 10.8 12.4 -13 14 Down UP 80 2024-02-29

Norway youth unemployment rate Factors

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What is the Norway youth unemployment rate

Welcome to our webpage showcasing current and historical data, trends, signals, analytics, and charts for the youth unemployment rate in Norway. In this section, we will provide an overview of what the Norway youth unemployment rate is, how it should be interpreted, and highlight some of the features available to users.

The youth unemployment rate refers to the percentage of unemployed individuals within the age group of 15 to 24 years old, relative to the total labor force in that age category. It serves as an important indicator of economic health, illustrating the challenges faced by young individuals seeking employment opportunities.

Interpreting the youth unemployment rate requires an understanding of the broader economic context. A high youth unemployment rate may indicate difficulties in the labor market, such as a lack of job opportunities, insufficient skills match, or macroeconomic factors affecting youth employment. On the other hand, a low youth unemployment rate can signify a strong labor market, favorable economic conditions, and opportunities for young individuals to find work.

Our webpage provides a comprehensive display of current and historical data for the youth unemployment rate in Norway, enabling users to monitor trends over time. Through interactive charts and analytics, users can explore the data visually, identifying patterns or anomalies that may inform their understanding of the youth unemployment situation.

To facilitate further analysis, we offer a free export feature, allowing users to download the historical data in various formats, such as CSV or Excel. This functionality enables researchers, economists, and policy-makers to conduct their own in-depth analysis and combine the data with other relevant variables.

Additionally, users can take advantage of our MacroVar signals, trends, and analysis. These features utilize advanced algorithms and econometric models to identify meaningful trends, forecast potential changes, and provide insights into the youth unemployment rate in Norway. These tools can be particularly useful for detecting patterns and understanding the underlying factors driving youth unemployment dynamics.

To access the full range of features and gain a deeper understanding of the Norway youth unemployment rate, we encourage users to explore our webpage and utilize the free data exports. By combining historical data, visualizations, and analytical tools, our platform aims to empower users with the knowledge needed to make informed decisions and contribute to the ongoing discourse surrounding youth unemployment in Norway.

Norway Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Oslo OBX OBX 1537.61 1 1 2.02844 58.2886 0.00666 0.01446 0.03309 0.10131
Norway ETF ENOR 22.3112 0 -0.75 -1.10115 44.253 0.0005 0.02087 0.00501 -0.03665
Norwegian Krone US Dollar (NOK/USD) NOKUSD 11.1556 0.5 1 1.83638 63.3968 -0.00263 -0.00398 0.01863 0.11507
Norway 10-Year Bond Yield NO.10Y 3.878 -1 0.75 0.96196 39.4094 -0.0288 -0.04764 -0.05782 0.21644
Norway 5-Year Bond Yield NO.5Y 3.926 -1 0.75 1.36032 41.9784 -0.00783 -0.02798 -0.05693 0.15132
Norway 2-year bond yield NO.2Y 3.18 0 0 0 0 0 0 0 0
Norway Yield Curve NO.YC -0.268 0.5 1 1.59644 51.8368 0.06773 0.03876 0.24074 -0.51184
Norway Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade no.balanceoftrade 86885 44043 97 -13 UP Down 57 2023-11-30
building permits no.buildingpermits 1624 1925 -16 -27 Down Down 20 2024-03-31
business confidence no.bizconfidence 0 -4.3 -100 -100 Down Down 52 2024-03-31
capacity utilization no.caputilization 78.5 78.8 -0 3 Down UP 87 2023-06-30
capital flows no.capitalflows 197692 264687 -25 377 Down UP 85 2023-09-30
car registrations no.carregistrations 7400 9278 -20 -48 Down Down 7 2024-03-31
central bank balance sheet no.cb.assets 18659800 17776800 5 28 UP UP 96 2024-02-29
consumer confidence no.consconfidence -26.6 -29.7 -10 582 Down Down 93 2024-03-31
consumer price index cpi no.cpi 132.6 132.3 0 4 UP UP 57 2024-03-31
core inflation rate no.coreinflationrate 4.5 4.9 -8 -27 Down Down 18 2024-03-31
current account no.currentaccount 235311 193131 22 53502 Down UP 100 2023-12-31
current account to gdp no.currentaccountgdp 17.5 29.5 -41 41 UP UP 0 2023-01-31
deposit interest rate no.depositrate 2.75 2.75 0 1000 UP UP 0 2023-07-31
exports no.exports 174332 1321120 -87 0 Down UP 47 2023-10-31
external debt no.externaldebt 7819420 7519900 4 27 UP UP 68 2023-12-31
fiscal expenditure no.fiscalexp 457634 398217 15 16 UP UP 38 2023-12-31
foreign direct investment no.fdi -40783 -27111 50 -436 Down Down 12 2023-09-30
foreign exchange reserves no.fxreserves 887760 863407 3 1 UP UP 19 2024-05-31
gdp no.gdp 579.27 482.17 20 35 UP UP 0 2022-12-31
Real GDP no.realgdp 1110230 1116060 -1 24 UP UP 98 2023-09-30
gdp growth no.gdpgrowth 1.5 -0.4 -475 150 UP UP 88 2023-12-31
gdp growth annual no.gdpgrowthan 0.7 3.3 -79 -333 Down UP 10 2023-09-30
government budget no.govbudget 16.3 25.6 -36 18 UP UP 0 2024-01-31
Government budget no.govbudgetvalue 179640 50027 259 -362 UP UP 14 2023-12-31
government debt no.govdebt 708529 796757 -11 11 Down UP 54 2023-12-31
government debt to gdp no.govdebtgdp 44.3 36.5 21 53 UP UP 0 2023-01-31
government revenues no.govrev 637274 448244 42 95 UP UP 95 2023-12-31
housing index no.housingindex 334.14 331 1 4 UP UP 53 2024-03-31
housing starts no.housingstarts 2022 2095 -3 -11 UP Down 43 2024-02-29
imports no.imports 87447 88076 -1 -5 UP Down 14 2023-10-31
industrial production no.indproduction 1.8 8.3 -78 -130 UP UP 0 2024-02-29
industrial production mom no.indproductionmm -4.3 2.2 -295 -2250 Down Down 2 2024-02-29
inflation cpi no.inflationcpi 3.9 4.5 -13 -40 Down Down 23 2024-03-31
interbank rate no.interbankrate 4.67 4.68 0 2 Down Down 8 2023-08-15
interest rate no.interestrate 3.75 3.75 0 200 UP UP 0 2023-07-31
lending rate no.lendingrate 4.75 4.75 0 111 UP UP 79 2023-07-31
loan growth no.loangrowth 3.5 3.7 -5 -34 Down Down 3 2024-01-31
loans to private sector no.loanprivate 2272180 2252040 1 3 UP UP 13 2024-02-29
long term unemployment rate no.ltunemploymentrate 0.5 0.4 25 -44 Down Down 9 2023-12-31
Manufacturing PMI no.manpmi 50.8 52 -2 5 Down UP 78 2024-03-31
money supply m0 no.msm0 69307 159193 -56 -2 Down Down 50 2024-02-29
money supply m1 no.msm1 2628090 2680820 -2 -6 Down Down 4 2024-02-29
money supply m2 no.msm2 3049290 3099860 -2 -1 Down Down 8 2024-02-29
new home sales no.newhomesales 7031 6899 2 -20 Down Down 7 2024-03-31
Producer Price Index no.producerprices 112.1 109.1 3 -32 Down Down 8 2024-03-31
PPI Index no.producerpricesch -6.9 -12.6 -45 -68 UP UP 67 2024-03-31
retail sales MoM no.retailsales 0.1 -0.1 -200 -133 UP UP 0 2024-02-29
retail sales no.retailsalesan -0.3 -1.2 -75 -92 UP UP 42 2024-02-29
unemployment rate no.unemploymentrate 3.6 4.5 -20 0 Down Down 72 2024-01-31
youth unemployment rate no.ytunemploymentrate 10.8 12.4 -13 14 Down UP 80 2024-02-29