Average salary in Norway

Norway has comfortable conditions for doing business and great opportunities for earning money in hired labor. If you translate Norwegian kroner into euros, then the average salaries represent very large amounts. But we shouldn't forget about tax deductions, which reach 50% of earnings. Prices for food, medicine, public transport and fuel in the country are also among the highest in Europe.

Economic situation and incomes of the population today

Norway stands out among the EU states with a special northern mentality. They do not save electricity here, and cheap resources help to survive the polar nights. This is reflected even in economic policy. Deposits of oil, gas, iron ore, copper make it possible to maintain a stable position in the world market. Inflation does not exceed 1,2% over the past 10 years.

Natural wealth and land are divided among citizens, each member of the Norwegian society has a state bank account, where dividends are accumulated.

Local residents are not used to working physically, so residents from the EU and CIS countries find jobs here with decent salaries at mining enterprises, oil developments, fishing industries, and construction sites.

The population is supported by the state as a result of the competent management of budgetary savings. Citizens' incomes have not fallen for over 20 years. The level of social comfort is growing.

Salary per month by occupation in 2021

The level of material well-being in Norway depends on the choice of the form of employment. IT direction is popular among hired employees. A qualified programmer gets no less 52,000 CZK per month. The media industry is less profitable. Here salaries take the gap from 44,000 to 46,000 CZK... Tax agents and financiers can earn from 57,500 CZK... Mining Residents Appreciated at 65,000 kroons. The service sector is popular with young people, students and foreign citizens without specific skills. The average salary in Norway for a cook or waiter will be about CZK 29,000.

Table 1. Income in Norway by specialties:

Minimum

The lowest threshold for earnings is not fixed at the state level. Therefore, the concept of “minimum salary” is absent in Norway. The employer has the right to prescribe in the employment contract the amount at its discretion, depending on the experience, skills, education, competence of the applicant.

Average

The state actively supports the regular indexation of wages. Summing up the results over the past 5 years, the average earnings in the country are 80% population. This is the area 43,000 CZK per calendar month.

Average starting salary

Graduates of universities upon admission to an internship, as well as students combining study with work, can receive from 20,000 to 25,000 CZK... Foreigners most often start working in the service sector with earnings at 22,000 CZK... When it comes to fisheries, then the season income is approximately 28,000 CZK for workers arriving from abroad.

In Norway, the reputation of the company is closely monitored. Employees must be high-level professionals, constantly improve their qualifications, observe labor protection. Conditions for this have been created at every workplace.

Maximum

They support alignment with the middle class, which forms the basis of an able-bodied society. It is not customary in the hired field or in the business environment to work overtime in order to receive a salary bonus. High-quality rest and comfortable working conditions are appreciated. Income over 50,000 CZK suggest above average status.

Labor remuneration by city and region

In most EU countries, salaries in rural areas differ significantly from those in megacities. In Norway, this border is smoothed as much as possible.

Most worthy salaries in major cities: Oslo, Stavanger, Drammen, Trondheim (€ 4300, € 3150, € 4100, € 3800 respectively).

Payroll taxes

The Norwegian government is building a system in which, even during the crisis, the country does not reduce spending on social programs and on salaries for public sector employees. The tax scheme of this northern state is legendary. Meanwhile, the fiscal wage rate is akin to the figures for the EU countries. But since the salaries are high, the tax amounts are impressive.

Income tax

Various categories of citizens who are engaged in any paid activity in the territory of the state fall under the article of this deduction in Norway. The subject gives about 1/3 of the earnings to the treasury. In this way, the government provides social programs.

The requirement for mandatory payment applies to both persons receiving official income and self-employed citizens (freelance, small business, private entrepreneurs, creative professions).

Personal income tax in Norway is 24%.

If the citizen's annual income is less than 164,000 CZK, the rate is zero.

How much the percentage of payments under this item will be in the end depends on the income of the subject: the higher the level of the payer's profit, the greater the amount of the deduction. Norway has a progressive tax system.

Social contributions and other taxes

The social tax rate is a fixed type of deduction and is set at 8,2%. Thus, they cover the accumulation of the pension fund, medical and social insurance.

Persons whose annual profit is lower are exempted from this type of payments 55,000 CZK... Benefits are provided to single-parent families, parents with children under 12 years old, sailors, people with low income, as well as those with disabled family members, holders of government loans, participants in mortgage programs. There is a simplified taxation scheme for young people under the age of 22.

Tax free:

• leased land in the northern provinces for agricultural land;
• inherited property under a gift agreement;
• state awards and prizes.

The ratio of salary and living expenses

Ensuring a comfortable life in Norway is an expensive task. Meals for two people will cost at least a month 530 €.

Food prices are not the lowest:

• potatoes worth from 130 p. for 1 kg;
• veal - 1200 rubles;
• milk - 120 p. per liter.

With the availability of fish resources, trout on the territory of the country costs €41,7 for 1 kg. Greens, vegetables, fruits are 2.5 times more expensive than in EU countries. Agricultural production maintains high environmental standards. Modern technology of growing animals, fruits, cereals takes place without the use of maturation accelerators, hormonal preparations, GMOs.

Renting an apartment up to 50 m2 will be released in 950 € in the city. Utility costs will amount to about 150 €... Transport will take 160 €... Car insurance and gasoline for a month will be deducted from the budget yet 370 €... Internet and communication services will occupy 100 €.

Medical assistance of any complexity in the country is provided free of charge. Education works in the same way. Norwegian universities train highly qualified specialists who are recognized at the world level. Among students, about 15% foreigners.

Unemployment Rate and Prospects for Migrants

Unemployment in the country shows an example of resilience and has not overstepped for more than 20 years 1%. It is difficult to get a prestigious position in a company in Norway. You have to be a highly qualified specialist or a professional in a narrow field.

Migrants find work here in fish processing plants. Construction and services are in demand among residents. There are always places for foreign employees at oil and gas production enterprises.

Norway was able to build a system of society for a person, where equality rules, freedom from corruption, and an ideal system of social support. The state will never leave a citizen in a difficult life situation - it will support him financially. Considering good salaries, low taxes and social support from the state, it is quite profitable to work in this country.