Industry (including construction), value added in Norway
Norway: Industry (including construction), value added was 980.36 billion constant LCU in 2025. ▲ Rising
Industry (including construction), value added in Norway, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, industry (including construction), value added in Norway stood at 980.36 billion constant LCU. That is the highest value across all 56 years on record.
That represents a change of up 10.4% over ten years.
Over the whole period, industry (including construction), value added in Norway peaked at 980.36 billion constant LCU in 2025 and was at its lowest, 256.06 billion constant LCU, in 1970.
Norway ranks 59th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Industry (including construction), value added in Norway, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 256.06 billion constant LCU | — |
| 1971 | 267.42 billion constant LCU | +4.4% |
| 1972 | 280.07 billion constant LCU | +4.7% |
| 1973 | 290.81 billion constant LCU | +3.8% |
| 1974 | 304.90 billion constant LCU | +4.8% |
| 1975 | 329.14 billion constant LCU | +8.0% |
| 1976 | 345.44 billion constant LCU | +5.0% |
| 1977 | 355.50 billion constant LCU | +2.9% |
| 1978 | 395.07 billion constant LCU | +11.1% |
| 1979 | 408.20 billion constant LCU | +3.3% |
| 1980 | 431.64 billion constant LCU | +5.7% |
| 1981 | 424.06 billion constant LCU | -1.8% |
| 1982 | 429.56 billion constant LCU | +1.3% |
| 1983 | 458.99 billion constant LCU | +6.9% |
| 1984 | 497.77 billion constant LCU | +8.4% |
| 1985 | 517.85 billion constant LCU | +4.0% |
| 1986 | 538.75 billion constant LCU | +4.0% |
| 1987 | 564.23 billion constant LCU | +4.7% |
| 1988 | 567.36 billion constant LCU | +0.6% |
| 1989 | 597.94 billion constant LCU | +5.4% |
| 1990 | 604.68 billion constant LCU | +1.1% |
| 1991 | 618.60 billion constant LCU | +2.3% |
| 1992 | 652.45 billion constant LCU | +5.5% |
| 1993 | 659.33 billion constant LCU | +1.1% |
| 1994 | 705.75 billion constant LCU | +7.0% |
| 1995 | 743.84 billion constant LCU | +5.4% |
| 1996 | 786.43 billion constant LCU | +5.7% |
| 1997 | 835.97 billion constant LCU | +6.3% |
| 1998 | 828.12 billion constant LCU | -0.9% |
| 1999 | 829.72 billion constant LCU | +0.2% |
| 2000 | 869.99 billion constant LCU | +4.9% |
| 2001 | 883.25 billion constant LCU | +1.5% |
| 2002 | 890.25 billion constant LCU | +0.8% |
| 2003 | 895.27 billion constant LCU | +0.6% |
| 2004 | 924.32 billion constant LCU | +3.2% |
| 2005 | 933.80 billion constant LCU | +1.0% |
| 2006 | 921.29 billion constant LCU | -1.3% |
| 2007 | 921.40 billion constant LCU | +0.0% |
| 2008 | 916.74 billion constant LCU | -0.5% |
| 2009 | 878.09 billion constant LCU | -4.2% |
| 2010 | 856.01 billion constant LCU | -2.5% |
| 2011 | 850.12 billion constant LCU | -0.7% |
| 2012 | 867.79 billion constant LCU | +2.1% |
| 2013 | 861.97 billion constant LCU | -0.7% |
| 2014 | 875.15 billion constant LCU | +1.5% |
| 2015 | 888.39 billion constant LCU | +1.5% |
| 2016 | 896.07 billion constant LCU | +0.9% |
| 2017 | 928.07 billion constant LCU | +3.6% |
| 2018 | 912.91 billion constant LCU | -1.6% |
| 2019 | 910.60 billion constant LCU | -0.3% |
| 2020 | 937.18 billion constant LCU | +2.9% |
| 2021 | 966.92 billion constant LCU | +3.2% |
| 2022 | 970.23 billion constant LCU | +0.3% |
| 2023 | 965.53 billion constant LCU | -0.5% |
| 2024 | 980.17 billion constant LCU | +1.5% |
| 2025 | 980.36 billion constant LCU | +0.0% |
Norway compared with similar countries
- Norway's 980.36 billion constant LCU is above the median for high income countries, which is 57.24 billion constant LCU, 17.1× the median. (70 countries reporting)
- Norway's 980.36 billion constant LCU is above the median for Europe & Central Asia, which is 99.16 billion constant LCU, 9.9× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 323.26 billion constant LCU | 256.06 billion constant LCU | 408.20 billion constant LCU | 10 |
| 1980s | 502.82 billion constant LCU | 424.06 billion constant LCU | 597.94 billion constant LCU | 10 |
| 1990s | 726.49 billion constant LCU | 604.68 billion constant LCU | 835.97 billion constant LCU | 10 |
| 2000s | 903.44 billion constant LCU | 869.99 billion constant LCU | 933.80 billion constant LCU | 10 |
| 2010s | 884.71 billion constant LCU | 850.12 billion constant LCU | 928.07 billion constant LCU | 10 |
| 2020s | 966.73 billion constant LCU | 937.18 billion constant LCU | 980.36 billion constant LCU | 6 |
Countries ranked near Norway
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 industry (including construction), value added in Norway?
- Industry (including construction), value added in Norway was 980.36 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Norway?
- The highest recorded value was 980.36 billion constant LCU in 2025.
- What is the lowest industry (including construction), value added recorded in Norway?
- The lowest recorded value was 256.06 billion constant LCU in 1970.
- How does Norway rank for industry (including construction), value added?
- Norway ranks 59th out of 200 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Norway?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.