Increased income inequality in Norway

WalletWallet - did it again with more money.Photo

Income inequality among Norwegians have grown in recent years based on a new SSB report. In addition, the proportion of people with low incomes has been increased.

Nearly 11 percent of residents had relative low income in 2014, according to the report developed by Statistics Norway (SSB) and funded by the Ministry of Labor and Social Affairs.

Of these, more than half are without a job or had weak labor income as single parents, people with refugee backgrounds and various beneficiaries.

For pensioners, the proportion with low income however declined and is lower than the average population income as a whole.

The proportion of residents with low income over time has remained stable at 8 percent for many years. The trend was decreasing between 2006 and 2011, but in 2012-2014 the proportion risen to 9 percent.

In addition, income inequality among the population as a whole has been somewhat larger in recent years. The biggest difference is found in Oslo, where one fifth of the population with the highest income had 5.1 times higher income for the all people with lowest income in 2014. The national average was 3.5.


Source: NTB scanpix / Norway Today