Manufacturing, value added in Norway
Norway: Manufacturing, value added was 32.46 billion current US$ in 2025. ◆ Volatile
Manufacturing, value added in Norway, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for manufacturing, value added in Norway is 32.46 billion current US$, measured in 2025.
The figure is up 12.4% on the previous year and up 17.9% over ten years.
Over the whole period, manufacturing, value added in Norway peaked at 36.81 billion current US$ in 2008 and was at its lowest, 2.27 billion current US$, in 1970.
Norway ranks 49th of 205 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.27 billion current US$ | — |
| 1971 | 2.50 billion current US$ | +10.5% |
| 1972 | 3.00 billion current US$ | +20.0% |
| 1973 | 3.99 billion current US$ | +32.8% |
| 1974 | 4.97 billion current US$ | +24.6% |
| 1975 | 5.85 billion current US$ | +17.8% |
| 1976 | 5.97 billion current US$ | +1.9% |
| 1977 | 6.65 billion current US$ | +11.5% |
| 1978 | 6.89 billion current US$ | +3.7% |
| 1979 | 8.34 billion current US$ | +20.9% |
| 1980 | 8.67 billion current US$ | +4.0% |
| 1981 | 7.87 billion current US$ | -9.2% |
| 1982 | 7.45 billion current US$ | -5.3% |
| 1983 | 7.14 billion current US$ | -4.2% |
| 1984 | 7.29 billion current US$ | +2.1% |
| 1985 | 7.44 billion current US$ | +2.1% |
| 1986 | 9.17 billion current US$ | +23.2% |
| 1987 | 11.06 billion current US$ | +20.6% |
| 1988 | 12.20 billion current US$ | +10.4% |
| 1989 | 11.45 billion current US$ | -6.2% |
| 1990 | 12.35 billion current US$ | +7.9% |
| 1991 | 12.13 billion current US$ | -1.8% |
| 1992 | 13.07 billion current US$ | +7.7% |
| 1993 | 12.30 billion current US$ | -5.9% |
| 1994 | 13.17 billion current US$ | +7.1% |
| 1995 | 16.41 billion current US$ | +24.6% |
| 1996 | 16.46 billion current US$ | +0.3% |
| 1997 | 16.18 billion current US$ | -1.7% |
| 1998 | 16.25 billion current US$ | +0.4% |
| 1999 | 16.43 billion current US$ | +1.1% |
| 2000 | 15.39 billion current US$ | -6.4% |
| 2001 | 15.75 billion current US$ | +2.3% |
| 2002 | 17.67 billion current US$ | +12.2% |
| 2003 | 20.68 billion current US$ | +17.0% |
| 2004 | 23.05 billion current US$ | +11.5% |
| 2005 | 25.75 billion current US$ | +11.7% |
| 2006 | 29.21 billion current US$ | +13.4% |
| 2007 | 34.06 billion current US$ | +16.6% |
| 2008 | 36.81 billion current US$ | +8.1% |
| 2009 | 29.48 billion current US$ | -19.9% |
| 2010 | 31.89 billion current US$ | +8.2% |
| 2011 | 34.76 billion current US$ | +9.0% |
| 2012 | 34.88 billion current US$ | +0.3% |
| 2013 | 35.76 billion current US$ | +2.5% |
| 2014 | 34.93 billion current US$ | -2.3% |
| 2015 | 27.52 billion current US$ | -21.2% |
| 2016 | 25.06 billion current US$ | -8.9% |
| 2017 | 26.48 billion current US$ | +5.6% |
| 2018 | 27.33 billion current US$ | +3.2% |
| 2019 | 26.07 billion current US$ | -4.6% |
| 2020 | 24.61 billion current US$ | -5.6% |
| 2021 | 28.76 billion current US$ | +16.9% |
| 2022 | 29.51 billion current US$ | +2.6% |
| 2023 | 28.33 billion current US$ | -4.0% |
| 2024 | 28.89 billion current US$ | +2.0% |
| 2025 | 32.46 billion current US$ | +12.4% |
Norway compared with similar countries
- Norway's 32.46 billion current US$ is above the median for high income countries, which is 12.50 billion current US$, 2.6× the median. (75 countries reporting)
- Norway's 32.46 billion current US$ is above the median for Europe & Central Asia, which is 16.32 billion current US$, 2.0× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.04 billion current US$ | 2.27 billion current US$ | 8.34 billion current US$ | 10 |
| 1980s | 8.97 billion current US$ | 7.14 billion current US$ | 12.20 billion current US$ | 10 |
| 1990s | 14.48 billion current US$ | 12.13 billion current US$ | 16.46 billion current US$ | 10 |
| 2000s | 24.78 billion current US$ | 15.39 billion current US$ | 36.81 billion current US$ | 10 |
| 2010s | 30.47 billion current US$ | 25.06 billion current US$ | 35.76 billion current US$ | 10 |
| 2020s | 28.76 billion current US$ | 24.61 billion current US$ | 32.46 billion current US$ | 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Norway?
- Manufacturing, value added in Norway was 32.46 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Norway?
- The highest recorded value was 36.81 billion current US$ in 2008.
- What is the lowest manufacturing, value added recorded in Norway?
- The lowest recorded value was 2.27 billion current US$ in 1970.
- How does Norway rank for manufacturing, value added?
- Norway ranks 49th out of 205 countries with data for 2025.
- Is manufacturing, value added rising or falling in Norway?
- Over the last ten years it is up 17.9%. 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 Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.