Value Added (Total Manufacturing) — Value Standard Local Currency in Norway
Norway: Value Added (Total Manufacturing) — Value Standard Local Currency was 310,713 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Norway, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Norway is 310,713 million SLC, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 10.3% on the previous year and up 49.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Norway peaked at 310,713 million SLC in 2023 and was at its lowest, 16,185 million SLC, in 1970.
That places Norway 85th out of 231 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Norway, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 16,185 million SLC | — |
| 1971 | 17,664 million SLC | +9.1% |
| 1972 | 19,797 million SLC | +12.1% |
| 1973 | 23,001 million SLC | +16.2% |
| 1974 | 27,533 million SLC | +19.7% |
| 1975 | 30,602 million SLC | +11.1% |
| 1976 | 32,549 million SLC | +6.4% |
| 1977 | 35,394 million SLC | +8.7% |
| 1978 | 36,140 million SLC | +2.1% |
| 1979 | 42,219 million SLC | +16.8% |
| 1980 | 42,816 million SLC | +1.4% |
| 1981 | 45,181 million SLC | +5.5% |
| 1982 | 48,098 million SLC | +6.5% |
| 1983 | 52,072 million SLC | +8.3% |
| 1984 | 59,471 million SLC | +14.2% |
| 1985 | 63,957 million SLC | +7.5% |
| 1986 | 67,795 million SLC | +6.0% |
| 1987 | 74,485 million SLC | +9.9% |
| 1988 | 79,527 million SLC | +6.8% |
| 1989 | 79,037 million SLC | -0.6% |
| 1990 | 77,326 million SLC | -2.2% |
| 1991 | 78,662 million SLC | +1.7% |
| 1992 | 81,206 million SLC | +3.2% |
| 1993 | 87,225 million SLC | +7.4% |
| 1994 | 92,972 million SLC | +6.6% |
| 1995 | 103,989 million SLC | +11.8% |
| 1996 | 106,141 million SLC | +2.1% |
| 1997 | 114,460 million SLC | +7.8% |
| 1998 | 122,634 million SLC | +7.1% |
| 1999 | 128,157 million SLC | +4.5% |
| 2000 | 135,440 million SLC | +5.7% |
| 2001 | 141,447 million SLC | +4.4% |
| 2002 | 140,868 million SLC | -0.4% |
| 2003 | 145,760 million SLC | +3.5% |
| 2004 | 154,446 million SLC | +6.0% |
| 2005 | 164,384 million SLC | +6.4% |
| 2006 | 185,855 million SLC | +13.1% |
| 2007 | 197,114 million SLC | +6.1% |
| 2008 | 204,922 million SLC | +4.0% |
| 2009 | 182,306 million SLC | -11.0% |
| 2010 | 189,608 million SLC | +4.0% |
| 2011 | 191,953 million SLC | +1.2% |
| 2012 | 200,074 million SLC | +4.2% |
| 2013 | 207,342 million SLC | +3.6% |
| 2014 | 217,755 million SLC | +5.0% |
| 2015 | 217,910 million SLC | +0.1% |
| 2016 | 207,830 million SLC | -4.6% |
| 2017 | 215,260 million SLC | +3.6% |
| 2018 | 218,314 million SLC | +1.4% |
| 2019 | 225,746 million SLC | +3.4% |
| 2020 | 228,046 million SLC | +1.0% |
| 2021 | 242,801 million SLC | +6.5% |
| 2022 | 281,718 million SLC | +16.0% |
| 2023 | 310,713 million SLC | +10.3% |
Norway compared with similar countries
- Norway's 310,713 million SLC is above the median for high income countries, which is 31,737 million SLC, 9.8× the median. (73 countries reporting)
- Norway's 310,713 million SLC is above the median for Europe & Central Asia, which is 71,112 million SLC, 4.4× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28,108 million SLC | 16,185 million SLC | 42,219 million SLC | 10 |
| 1980s | 61,244 million SLC | 42,816 million SLC | 79,527 million SLC | 10 |
| 1990s | 99,277 million SLC | 77,326 million SLC | 128,157 million SLC | 10 |
| 2000s | 165,254 million SLC | 135,440 million SLC | 204,922 million SLC | 10 |
| 2010s | 209,179 million SLC | 189,608 million SLC | 225,746 million SLC | 10 |
| 2020s | 265,820 million SLC | 228,046 million SLC | 310,713 million SLC | 4 |
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 value added (total manufacturing) — value standard local currency in Norway?
- Value added (total manufacturing) — value standard local currency in Norway was 310,713 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Norway?
- The highest recorded value was 310,713 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Norway?
- The lowest recorded value was 16,185 million SLC in 1970.
- How does Norway rank for value added (total manufacturing) — value standard local currency?
- Norway ranks 85th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Norway?
- Over the last ten years it is up 49.9%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).