Young people in Norway have a lot of options when it comes to where they spend their money. The BBC reports that millennials in Norway have the highest disposable income for their age group, coming in at roughly 460,000 kroner which is about $56,200 USD. Considering the overall population of each top earning country across all age groups, the United States, Luxemburg, and Switzerland top Norway in disposable income.
Despite this, young Norwegians have still pulled ahead of their elders, experiencing higher levels of disposable income than previous generations. Millennial spending habits have earned a reputation for disrupting markets once thought of as stable and untouchable, such as the home ownership market. Millennial Norwegians-- now more than ever-- have more means to stir the spending pot.
Related Infographics
FAQ
- The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista. When publishing one of these graphics, please include a backlink to the respective infographic URL. More Information
- The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.
- For individual content and infographics in your Corporate Design, please visit our agency website www.statista.design
Any more questions?
Get in touch with us quickly and easily.
We are happy to help!
Do you still have questions?
Feel free to contact us anytime using our contact form or visit our FAQ page.
Your contact to the Infographics Newsroom
Statista Content & Design
Need infographics, animated videos, presentations, data research or social media charts?