Norway vs Vietnam: Machinery and transport equipment

Norway
27.1%
in 2023
Vietnam
29.9%
in 2023
Norway rank
25th
Vietnam rank
22nd

Machinery and transport equipment over time

  • Norway
  • Vietnam
10203040196319932023

How they compare

Vietnam currently reports 29.9% against 27.1% in Norway, a difference of 2.8%.

That makes Vietnam's figure about 1.1 times Norway's.

The two have swapped places 1 time across 26 shared years of data; in 1998 it was Norway ahead.

Norway ranks 25th and Vietnam ranks 22nd of 149 countries.

Across the 4 decades both report, Norway averaged higher in 3 and Vietnam in 1.

Head to head by decade

Decade Norway Vietnam Difference Ahead
1990s 25.7% 10.7% 15.0% Norway
2000s 26.0% 13.2% 12.9% Norway
2010s 31.9% 25.0% 6.9% Norway
2020s 25.5% 30.3% 4.8% Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher machinery and transport equipment, Norway or Vietnam?
Vietnam, at 29.9% against 27.1% in Norway as of 2023.
What is the difference in machinery and transport equipment between Norway and Vietnam?
2.8%, with Vietnam ahead.
How many years of comparable data are there for Norway and Vietnam?
26 years are reported by both, from 1998 to 2023.
How do Norway and Vietnam rank globally for machinery and transport equipment?
Norway ranks 25th and Vietnam ranks 22nd of 149 countries.
Where does this data come from?
International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as Machinery and transport equipment (% of value added in manufacturing). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Vietnam: Machinery and transport equipment. Statizoid, drawing on International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/machinery-and-transport-equipment-percent-of-value-added-in-manufacturing/norway/viet-nam/

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About this data

Indicator
Machinery and transport equipment (% of value added in manufacturing)
Unit
% of value added in manufacturing
Source
International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
149 places, 5,404 data points, 1963–2024
Last refreshed

Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).