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WORKING IN NORWAY

How much money do Norway’s different foreigners make? 

Foreigners in Norway typically get paid less than their Norwegian counterparts. However, large differences in earnings also exist among the different immigrant groups. 

Pictured is the Oslo opera house.
Foreigners in Norway earn less than Norwegians and big differences exist between the different immigrant groups. Pictured is the Oslo opera house. Photo by Gunnar Ridderström on Unsplash

Immigrants in Norway typically make just over ten percent less than the national average. 

The average monthly wage in Norway was 56,360 kroner (4,914 euros, 4,205 pounds and 5,329 dollars) in 2023. The wage figures from Statistics Norway are pre-tax. 

Immigrants, on the other hand, took home 50,270 kroner per month, according to figures from the national data agency Statistics Norway

The gap between foreigners and Norwegians becomes even wider when you compare the wages of immigrants and “other residents” (i.e. non-immigrants). The average salary of other residents is much higher at 58,190 kroner rather than 56,360 per month. 

READ MORE: Do foreigners get paid less than Norwegians?

The highest earners among immigrants were those from North America and Oceania. On average, they took home 61,810 kroner each month—considerably more than the national average.

Two other immigrant groups made more than the national average, when measured across all occupations. 

Those from non-Nordic countries that were part of the EU/EFTA before it expanded in 2004 took home 59,930 kroner per month last year, according to the figures. 

Meanwhile, those from the Nordics earned around 58,650 kroner every month. Due to similarities between the languages, it is perhaps easier for them to find work in Norway than for other foreigners. 

These immigrant groups likely pulled the average wage for immigrants up overall, as the average dropped significantly after these groups. 

Those from Latin America and the Caribbean had an average monthly salary of 50,950 kroner. This was marginally above the average for foreigners. 

Foreigners from European countries outside the EU/EFTA, including the UK, took home less than the average at 49,930 kroner. 

Foreign residents hailing from Asia could expect to make a comparable amount of money, around 48,750 kroner, every month. 

Average wages dropped considerably for the last two immigrant groups. Africans living in Norway had typical monthly earnings of 46,280. Meanwhile, those hailing from countries which joined the EU after 2004 had the lowest earnings among all immigrant groups in Norway at 44,960. 

When using the median salary rather than average, those from the Nordics leapfrogged those from non-Nordic countries that were EU countries prior to 2004 to be the second-highest earning immigrant group

What’s behind the differences? 

Using slightly different figures from Statistics Norway, the study shows that the lowest-earning immigration groups had a higher proportion of workers in the lowest-paying occupations

For example, just 1,759 foreigners hailing from Africa worked in management, compared to 12,091 in cleaning and helping occupations. 

The average wage for somebody in a leadership occupation (across all nationalities) was 82,300 kroner compared to 39,880 kroner per month for a cleaner

Those from the Nordics, by contrast, were among the highest-paid workers when measured by the average and median. They also had the highest number of workers in managerial and leadership positions. 

There were 212,060 workers in such jobs compared to 74,780 in the lowest wage-earning occupations. 

However, this doesn’t fully explain the wage gap. A gap still in earnings exists within the same professions. 

 When using leadership and managerial roles as an example, those from North America had a monthly paycheck of 89,700 kroner compared to those from countries who only joined the EU after 2004 , commanding an average salary of 62,930 kroner. 

This lack of parity between different groups was also observed among the lowest wage earners. Foreigners hailing from the Nordics or North America made more money than other foreigners when working in cleaning and help professions. 

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MONEY

EXPLAINED: How wealthy is the ‘average’ Norwegian? 

Norway is known for its high wages and stable economy. New figures have revealed the wealth of the average resident in the Nordic country. 

EXPLAINED: How wealthy is the 'average' Norwegian? 

High salaries go hand in hand with the high cost of living in conversations about Norway.

However, other factors, such as high homeownership rates, indicate that there is plenty of disposable income for locals to save and invest in their futures. 

Previous studies have also suggested that Norwegians are the seventh wealthiest nationals in the world

Norway’s national data agency, Statistics Norway, has compiled its own set of figures indicating that the average Norwegian household has a net wealth of around 3.8 million kroner. 

Net wealth accounts for everything a person owns, including property, stocks, or cash, minus any debts or liabilities. 

The vast majority of this wealth was derived from the estimated value of property. This alone gives the average Norwegian an estimated wealth of 3.74 million kroner. 

READ ALSO: How much does an apartment in Norway cost?

The value of second homes was included, which skewed things as only around 10 percent of households owned a secondary residence. 

The average price of a home in Norway was 4.5 million kroner in March of this year, and house prices have increased substantially in recent years. 

Savings, cash, stocks and other capital accounted for 1.72 million kroner, giving Norwegians an average wealth of 5.46 million kroner. Average debts of 1.68 million kroner gave Norwegians an average net wealth of 3.8 million kroner.  

The figures from Statistics Norway were obtained using figures from tax returns for 2022, which were submitted in 2023.  

Those aged between 67 and 79 years old were the wealthiest generation in Norway on average. This is partly because they have more capital than most other groups and more expensive property. 

However, the most significant factor is the lower levels of debt. They had half the debt of the next richest group, those aged between 55 and 69. 

Younger age groups weren’t as wealthier as they had much higher debts and lower capital. 

Still, Norway’s wealthiest individuals significantly boosted the average. When using the median, the average Norwegian household had a net wealth of just under 2 million kroner. 

When the median was applied to capital, the figure was 339,300 kroner compared to the average of 1.76 million kroner. 

The large difference in capital was attributed to Norway’s wealthiest individuals significantly pulling up the average. 

“This is mainly due to large fortunes in shares and securities, where a few own very much. Shares and other securities and share savings accounts are assets with a median value equal to zero, which indicates that these are not important asset items for most households,” the report said. 

Money kept in the bank was still important for most residents of Norway, though. The median value of bank deposits in Norway was 215,000 kroner, compared to the average of 600,000. 

The gulf between the average value of property owned and the median was roughly 500,000, with the median being 3.25 million kroner. 

Furthermore, Norway’s median debt level was around 860,000 kroner compared to the average of 1.67 million kroner. Around 85 percent of Norwegian households were in some form of debt. 

Significant differences also exist between Norway’s wealthiest and poorest residents. Residents belonging to the country’s poorest ten percent had an average net wealth of almost minus 1 million kroner. 

Meanwhile, Norway’s wealthiest ten percent had a net wealth of 19 million kroner. The top 50 percent also owned considerably more than the bottom 50 percent. 

“Despite the former comprising 1.27 million households, while the latter comprises approximately 25,000 households, the bottom 50 percent own only 4 percent of the total net worth, while the top 1 percent owned as much as 22.3 percent in 2022,” the report read. 

There was also significant variation in wealth depending on household typeFor example, a single mother or father with a child aged between 6 and 17 had a net wealth of 2.24 million kroner, compared to a couple with children of the same age with an average net wealth of 5.12 million kroner. 

Typically, households with more than one person had more money as more than one wage earner likely lived at the address. 

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