Services, value added in Norway
Norway: Services, value added was 3.04 trillion current LCU in 2025. ◆ Volatile
Services, value added in Norway, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2025, services, value added in Norway stood at 3.04 trillion current LCU. That is the highest value across all 56 years on record.
That represents a change of up 5.4% on the previous year and up 64.4% over ten years.
Over the whole period, services, value added in Norway peaked at 3.04 trillion current LCU in 2025 and was at its lowest, 50.19 billion current LCU, in 1970.
Norway ranks 70th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 50.19 billion current LCU | — |
| 1971 | 56.27 billion current LCU | +12.1% |
| 1972 | 63.25 billion current LCU | +12.4% |
| 1973 | 72.19 billion current LCU | +14.1% |
| 1974 | 83.67 billion current LCU | +15.9% |
| 1975 | 93.95 billion current LCU | +12.3% |
| 1976 | 107.51 billion current LCU | +14.4% |
| 1977 | 121.13 billion current LCU | +12.7% |
| 1978 | 132.65 billion current LCU | +9.5% |
| 1979 | 141.22 billion current LCU | +6.5% |
| 1980 | 162.98 billion current LCU | +15.4% |
| 1981 | 185.70 billion current LCU | +13.9% |
| 1982 | 206.68 billion current LCU | +11.3% |
| 1983 | 227.09 billion current LCU | +9.9% |
| 1984 | 248.77 billion current LCU | +9.5% |
| 1985 | 276.32 billion current LCU | +11.1% |
| 1986 | 311.87 billion current LCU | +12.9% |
| 1987 | 346.87 billion current LCU | +11.2% |
| 1988 | 375.98 billion current LCU | +8.4% |
| 1989 | 397.43 billion current LCU | +5.7% |
| 1990 | 419.81 billion current LCU | +5.6% |
| 1991 | 448.85 billion current LCU | +6.9% |
| 1992 | 463.99 billion current LCU | +3.4% |
| 1993 | 487.95 billion current LCU | +5.2% |
| 1994 | 503.05 billion current LCU | +3.1% |
| 1995 | 526.97 billion current LCU | +4.8% |
| 1996 | 557.87 billion current LCU | +5.9% |
| 1997 | 597.88 billion current LCU | +7.2% |
| 1998 | 649.00 billion current LCU | +8.6% |
| 1999 | 690.45 billion current LCU | +6.4% |
| 2000 | 742.32 billion current LCU | +7.5% |
| 2001 | 797.48 billion current LCU | +7.4% |
| 2002 | 827.94 billion current LCU | +3.8% |
| 2003 | 869.00 billion current LCU | +5.0% |
| 2004 | 933.74 billion current LCU | +7.4% |
| 2005 | 997.12 billion current LCU | +6.8% |
| 2006 | 1.08 trillion current LCU | +8.4% |
| 2007 | 1.21 trillion current LCU | +11.6% |
| 2008 | 1.30 trillion current LCU | +7.7% |
| 2009 | 1.34 trillion current LCU | +3.3% |
| 2010 | 1.41 trillion current LCU | +5.3% |
| 2011 | 1.48 trillion current LCU | +4.8% |
| 2012 | 1.59 trillion current LCU | +7.4% |
| 2013 | 1.69 trillion current LCU | +6.0% |
| 2014 | 1.77 trillion current LCU | +5.2% |
| 2015 | 1.85 trillion current LCU | +4.2% |
| 2016 | 1.91 trillion current LCU | +3.2% |
| 2017 | 1.98 trillion current LCU | +4.0% |
| 2018 | 2.07 trillion current LCU | +4.3% |
| 2019 | 2.19 trillion current LCU | +6.1% |
| 2020 | 2.20 trillion current LCU | +0.2% |
| 2021 | 2.33 trillion current LCU | +6.2% |
| 2022 | 2.58 trillion current LCU | +10.5% |
| 2023 | 2.76 trillion current LCU | +6.8% |
| 2024 | 2.88 trillion current LCU | +4.6% |
| 2025 | 3.04 trillion current LCU | +5.4% |
Norway compared with similar countries
- Norway's 3.04 trillion current LCU is above the median for high income countries, which is 204.15 billion current LCU, 14.9× the median. (77 countries reporting)
- Norway's 3.04 trillion current LCU is above the median for Europe & Central Asia, which is 272.86 billion current LCU, 11.1× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 92.20 billion current LCU | 50.19 billion current LCU | 141.22 billion current LCU | 10 |
| 1980s | 273.97 billion current LCU | 162.98 billion current LCU | 397.43 billion current LCU | 10 |
| 1990s | 534.58 billion current LCU | 419.81 billion current LCU | 690.45 billion current LCU | 10 |
| 2000s | 1.01 trillion current LCU | 742.32 billion current LCU | 1.34 trillion current LCU | 10 |
| 2010s | 1.79 trillion current LCU | 1.41 trillion current LCU | 2.19 trillion current LCU | 10 |
| 2020s | 2.63 trillion current LCU | 2.20 trillion current LCU | 3.04 trillion current 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 services, value added in Norway?
- Services, value added in Norway was 3.04 trillion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Norway?
- The highest recorded value was 3.04 trillion current LCU in 2025.
- What is the lowest services, value added recorded in Norway?
- The lowest recorded value was 50.19 billion current LCU in 1970.
- How does Norway rank for services, value added?
- Norway ranks 70th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Norway?
- Over the last ten years it is up 64.4%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 series is expressed in local currency units.