Gross value added at basic prices by NUTS 3 region in Norway
Norway: Gross value added at basic prices by NUTS 3 region was 383,190 Current prices, million euro in 2021. ▲ Rising
Latest (2021)
383,190 Current prices, million euro
Change on year
up 34.4%
World rank
15th
of 46 countries
All-time high
383,190 Current prices, million euro
in 2021
All-time low
249,619 Current prices, million euro
in 2009
Years of data
14
2008–2021
Gross value added at basic prices by NUTS 3 region in Norway, 2008–2021
Source: Eurostat. Measured in Current prices, million euro.
Analysis
The most recent figure for gross value added at basic prices by nuts 3 region in Norway is 383,190 Current prices, million euro, measured in 2021. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 34.4% on the previous year and up 18.7% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Norway peaked at 383,190 Current prices, million euro in 2021 and was at its lowest, 249,619 Current prices, million euro, in 2009.
Norway ranks 15th of 46 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Gross value added at basic prices by NUTS 3 region in Norway, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2008 | 287,181 Current prices, million euro | — |
| 2009 | 249,619 Current prices, million euro | -13.1% |
| 2010 | 290,082 Current prices, million euro | +16.2% |
| 2011 | 322,718 Current prices, million euro | +11.3% |
| 2012 | 357,769 Current prices, million euro | +10.9% |
| 2013 | 354,626 Current prices, million euro | -0.9% |
| 2014 | 338,688 Current prices, million euro | -4.5% |
| 2015 | 311,507 Current prices, million euro | -8.0% |
| 2016 | 296,813 Current prices, million euro | -4.7% |
| 2017 | 316,022 Current prices, million euro | +6.5% |
| 2018 | 331,776 Current prices, million euro | +5.0% |
| 2019 | 324,664 Current prices, million euro | -2.1% |
| 2020 | 285,154 Current prices, million euro | -12.2% |
| 2021 | 383,190 Current prices, million euro | +34.4% |
Norway compared with similar countries
- Norway's 383,190 Current prices, million euro is above the median for Europe & Central Asia, which is 246,571 Current prices, million euro, 1.6× the median. (32 countries reporting)
- Norway's 383,190 Current prices, million euro is above the median for high income countries, which is 292,822 Current prices, million euro, 1.3× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 268,400 Current prices, million euro | 249,619 Current prices, million euro | 287,181 Current prices, million euro | 2 |
| 2010s | 324,466 Current prices, million euro | 290,082 Current prices, million euro | 357,769 Current prices, million euro | 10 |
| 2020s | 334,172 Current prices, million euro | 285,154 Current prices, million euro | 383,190 Current prices, million euro | 2 |
Countries ranked near Norway
- 12 Ireland 535,877 Current prices, million euro compare
- 13 Sweden 500,331 Current prices, million euro compare
- 14 Austria 443,547 Current prices, million euro compare
- 16 Denmark 347,742 Current prices, million euro compare
- 17 Romania 320,451 Current prices, million euro compare
- 18 Czechia 292,822 Current prices, million euro compare
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Norway?
- Gross value added at basic prices by nuts 3 region in Norway was 383,190 Current prices, million euro in 2021, according to Eurostat.
- What is the highest gross value added at basic prices by nuts 3 region recorded in Norway?
- The highest recorded value was 383,190 Current prices, million euro in 2021.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Norway?
- The lowest recorded value was 249,619 Current prices, million euro in 2009.
- How does Norway rank for gross value added at basic prices by nuts 3 region?
- Norway ranks 15th out of 46 countries with data for 2021.
- Is gross value added at basic prices by nuts 3 region rising or falling in Norway?
- Over the last ten years it is up 18.7%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Eurostat, published as part of Gross value added at basic prices by NUTS 3 region. Statizoid updates them automatically from the source API.
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