Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Norway
LFWA74TTNOQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,156,635.00
Year-over-Year Change
2.95%
Date Range
1/1/2000 - 1/1/2025
Summary
This economic trend measures the total working-age population in Norway, including individuals aged 15 to 74 years. It provides important insights into the size and composition of the country's labor force.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The working-age population total is a key indicator used by economists and policymakers to analyze labor market dynamics and workforce trends. It helps inform workforce planning, economic projections, and policy decisions related to employment, social programs, and economic development.
Methodology
The data is collected through national labor force surveys conducted by the Norwegian government.
Historical Context
This trend is widely used by institutions, analysts, and policymakers to monitor the size and composition of the Norwegian labor market.
Key Facts
- Norway's working-age population totaled 3.8 million in 2022.
- The working-age population has grown by 7% over the past decade.
- Approximately 72% of Norway's working-age population is employed.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total working-age population in Norway, including individuals aged 15 to 74 years.
Q: Why is this trend relevant for users or analysts?
A: The working-age population is a key indicator used to analyze labor market dynamics and workforce trends, which informs economic projections and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Norwegian government.
Q: How is this trend used in economic policy?
A: This trend is widely used by institutions, analysts, and policymakers to monitor the size and composition of the Norwegian labor market, which informs workforce planning and economic development strategies.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in publication due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Norway (LFWA74TTNOQ647S), retrieved from FRED.