Today, Norway faces transformations both demographic and economic. Its resource-rich economy, which has for decades successfully supported a robust social safety net, is being challenged by low oil prices as well as long-term risks from climate change and resource depletion. Already an aged society, Norway has been experiencing a dramatic increase in the pace of aging since 2010, when its baby boomers began to turn 65. The country is proactively adapting by modernizing the social safety net and workforce policies at the national level, with municipalities driving the development of innovative, cost-effective solutions to better accommodate an older population.
The government has made dramatic progress in unleashing the potential for active aging in recent years. Because of a series of actions beginning in the 2000s to build inclusive working environments and to reform the pension and health care systems, the government believes the institutions are well prepared for an aging population. It has shifted its focus to a holistic approach, captured in the 2015 national strategy for an age-friendly society called More Years–More Opportunities, which seeks to accommodate the aging population and unleash opportunity across transport, community planning, inclusive working life, and technology adoption.
Within the next 15 years, Norway is expected to enter a super-aged society, when the share of people age 65 and older exceeds 21 percent of the total population.
Source: United Nations, Department of Economic and Social Affairs, Population Division