This is an archived release.
Lower household income
Norwegian households’ after-tax income decreased by 1 per cent from 2008 to 2009 in fixed prices, mainly due to lower income from work.
In 2009, median after-tax income among Norwegian households was almost NOK 397 000 - about 1 per cent lower than the previous year (in fixed prices). The decrease in income was caused by lower wages and income from self-employment due to the financial crisis and a tighter labour market.
Most household groups faced lower average income from work in 2009. At the same time, total unemployment benefits rose from NOK 4.3 billion in 2008 to NOK 9.3 billion in 2009.
Income rise for elderly households
Elderly households, both singles and couples, were the only household groups with a real growth in median after-tax income from 2008 to 2009. The reduction in interest received due to lower interest rates, was more than compensated by favourable pension settlements. In addition, new old-age pensioners to a larger extent receive earnings-related pensions than older pensioners.