Norway Today

Since 2016News, finance, culture and everyday life — Norway explained in English.

Almost 15% of households in Norway have low incomes

According to Statistics Norway, most low-income households have relatively little wealth and own their own homes less often than don't have low incomes.

Almost 15% of households in Norway have low incomes
Photo: Terje Pedersen / NTB

There are also very few low-income households that own shares or other securities, according to Statistics Norway (SSB).

In total, 14.2% of all private households had low income in 2018.

According to Statistics Norway, there are many who have both low income and low wealth among households that receive social assistance. 

That also applies to households where the main income earner is long-term unemployed or has reduced working capacity and among households where the main income earner has a refugee background.

Furthermore, there are relatively large proportions of those with both low income and low wealth among households consisting of young people living alone and single providers with children.

© NTB Scanpix / #Norway Today

More on Gambling News

TOPICS: households financeslow income in NorwaySSB

More from Finance

All coverage