Industry (including construction), value added (current US$) in Norway
Norway: Industry (including construction), value added (current US$) was 182.88 billion current US$ in 2025. ◆ Volatile
Industry (including construction), value added in Norway, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, industry (including construction), value added in Norway stood at 182.88 billion current US$.
That represents a change of up 1.5% on the previous year and up 47.9% over ten years.
Over the whole period, industry (including construction), value added in Norway peaked at 295.49 billion current US$ in 2022 and was at its lowest, 3.44 billion current US$, in 1970.
Norway ranks 25th of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (current US$) in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 3.44 billion current US$ | — |
| 1971 | 3.81 billion current US$ | +10.7% |
| 1972 | 4.55 billion current US$ | +19.4% |
| 1973 | 5.93 billion current US$ | +30.4% |
| 1974 | 7.45 billion current US$ | +25.5% |
| 1975 | 9.48 billion current US$ | +27.3% |
| 1976 | 10.23 billion current US$ | +7.9% |
| 1977 | 11.74 billion current US$ | +14.7% |
| 1978 | 13.77 billion current US$ | +17.4% |
| 1979 | 17.06 billion current US$ | +23.8% |
| 1980 | 22.02 billion current US$ | +29.1% |
| 1981 | 21.66 billion current US$ | -1.6% |
| 1982 | 21.44 billion current US$ | -1.0% |
| 1983 | 21.58 billion current US$ | +0.7% |
| 1984 | 22.68 billion current US$ | +5.1% |
| 1985 | 23.35 billion current US$ | +2.9% |
| 1986 | 22.89 billion current US$ | -2.0% |
| 1987 | 26.92 billion current US$ | +17.6% |
| 1988 | 27.99 billion current US$ | +4.0% |
| 1989 | 29.97 billion current US$ | +7.1% |
| 1990 | 35.37 billion current US$ | +18.0% |
| 1991 | 34.62 billion current US$ | -2.1% |
| 1992 | 36.66 billion current US$ | +5.9% |
| 1993 | 33.27 billion current US$ | -9.2% |
| 1994 | 35.47 billion current US$ | +6.6% |
| 1995 | 43.77 billion current US$ | +23.4% |
| 1996 | 50.64 billion current US$ | +15.7% |
| 1997 | 50.78 billion current US$ | +0.3% |
| 1998 | 42.62 billion current US$ | -16.1% |
| 1999 | 48.08 billion current US$ | +12.8% |
| 2000 | 63.10 billion current US$ | +31.2% |
| 2001 | 62.01 billion current US$ | -1.7% |
| 2002 | 65.91 billion current US$ | +6.3% |
| 2003 | 77.69 billion current US$ | +17.9% |
| 2004 | 94.17 billion current US$ | +21.2% |
| 2005 | 119.32 billion current US$ | +26.7% |
| 2006 | 139.38 billion current US$ | +16.8% |
| 2007 | 152.17 billion current US$ | +9.2% |
| 2008 | 190.67 billion current US$ | +25.3% |
| 2009 | 136.15 billion current US$ | -28.6% |
| 2010 | 153.19 billion current US$ | +12.5% |
| 2011 | 189.80 billion current US$ | +23.9% |
| 2012 | 193.35 billion current US$ | +1.9% |
| 2013 | 192.06 billion current US$ | -0.7% |
| 2014 | 175.07 billion current US$ | -8.8% |
| 2015 | 123.62 billion current US$ | -29.4% |
| 2016 | 106.43 billion current US$ | -13.9% |
| 2017 | 123.31 billion current US$ | +15.9% |
| 2018 | 144.53 billion current US$ | +17.2% |
| 2019 | 122.71 billion current US$ | -15.1% |
| 2020 | 99.53 billion current US$ | -18.9% |
| 2021 | 192.24 billion current US$ | +93.1% |
| 2022 | 295.49 billion current US$ | +53.7% |
| 2023 | 190.26 billion current US$ | -35.6% |
| 2024 | 180.16 billion current US$ | -5.3% |
| 2025 | 182.88 billion current US$ | +1.5% |
Norway compared with similar countries
- Norway's 182.88 billion current US$ is above the median for high income countries, which is 25.19 billion current US$, 7.3× the median. (77 countries reporting)
- Norway's 182.88 billion current US$ is above the median for Europe & Central Asia, which is 28.62 billion current US$, 6.4× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.75 billion current US$ | 3.44 billion current US$ | 17.06 billion current US$ | 10 |
| 1980s | 24.05 billion current US$ | 21.44 billion current US$ | 29.97 billion current US$ | 10 |
| 1990s | 41.13 billion current US$ | 33.27 billion current US$ | 50.78 billion current US$ | 10 |
| 2000s | 110.06 billion current US$ | 62.01 billion current US$ | 190.67 billion current US$ | 10 |
| 2010s | 152.41 billion current US$ | 106.43 billion current US$ | 193.35 billion current US$ | 10 |
| 2020s | 190.09 billion current US$ | 99.53 billion current US$ | 295.49 billion current US$ | 6 |
Countries ranked near Norway
More economy & growth data for Norway
- Real gdp growth, annual growth rate -23.81 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,340 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4463 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 978.78 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.99 % 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 182.88 billion current US$ 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 295.49 billion current US$ in 2022.
- What is the lowest industry (including construction), value added recorded in Norway?
- The lowest recorded value was 3.44 billion current US$ in 1970.
- How does Norway rank for industry (including construction), value added?
- Norway ranks 25th out of 209 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Norway?
- Over the last ten years it is up 47.9%. The long-run trend across the full record is volatile.
- 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.