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Norway’s financial recovery leaves many still struggling in 2025

A glimmer of hope emerges as incomes climb, yet debt and housing costs keep pressure on vulnerable households. Why is Norway’s rebound uneven?

In this image I can see number of people are sitting on chairs. Here on this table I can see few...
In this image I can see number of people are sitting on chairs. Here on this table I can see few plates and few glasses. I can also see smile on few faces.

Norway’s financial recovery leaves many still struggling in 2025

Financial hardship persists in Norway, despite some improvements in 2025, according to a recent survey by Yahoo Finance Norway. 8% of respondents still struggle to make ends meet, although the overall share of people facing financial difficulties has decreased since 2024. Between 2021 and 2024, the number of Norwegians experiencing financial strain grew sharply due to rising prices and increased interest rates. By 2025, incomes rose, easing some of the burden—but high costs persisted. Norway's financial landscape shows signs of recovery, with incomes rising in 2025. Yet, housing costs and debt remain significant challenges, especially for younger adults and single-parent households, as indicated by Yahoo Finance Norway. While fewer people face extreme hardship than in 2024, the overall rate of material deprivation stays elevated compared to earlier years.

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