Country fact sheet

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Norway

  • Basic country data

  • Population over 60 in 2010:
  • 1,023,329 (21%)
  • Projected population over 60 in 2050:
  • 2,295,758 (35%)
  • Income of country:
  • High income: OECD
  • Social pension?
  • Yes
  • Scheme information

  • Scheme information: Grunnpensjon (Basic Pension)
  • Monthly pension benefit:
  • 6073 Norway kroner (1061 US$)
  • 14.18 % of average income
  • 1621 % of international poverty line
  • Age of eligiblity:
  • 67 (with flexible retirement from the age of
  • Targeting:
  • Means-tested

Resources on the pension in Norway

Pension calculator

Calculate the cost of a universal social pension in Norway.

Visit the Pension Calculator

Notes