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Norway Poverty Rate

Norway's poverty rate rose to 0.3% in 2022, up from 0.2% in 2021, according to World Bank. This represents an increase of 0.1% from the previous year. Norway has poverty rate lower than the global median (0.30% vs median 1.90%). Within Europe, it ranks 22nd out of 41 countries.

Norway's annual unemployment rate rose to 3.97% in 2024, up from 3.57% in 2023.

Yearly Historical Data (1979-2022)

(in %)
Year Poverty Rate (%)
2022 0.3%
2021 0.2%
2020 0.3%
2019 0.2%
2018 0.3%
2017 0.3%
2016 0.3%
2015 0.2%
2014 0.1%
2013 0.2%
2012 0.1%
2011 0.1%
2010 0.2%
2009 0.1%
2008 0.2%
2007 0.2%
2006 0.2%
2005 0.2%
2004 0.3%
2003 0.2%
2000 0.2%
1995 0.5%
1991 0.5%
1986 0.2%
1979 0.2%
Norway Poverty Rate : Definition
Poverty Rate measures the percentage of people in Norway living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Gini Index 26.9 points 29.1 points 2022
Happiness Index 7.26 points 7.3 points 2024
Homicide Rate 0.54 0.58 2021
Population 5.57M 5.52M 2024
Primary Enrollment Rate 98.97% 98.97% 2022