Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Norway
Norway: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 26,839 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Norway, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$, 2015 prices in Norway is 26,839 million USD, measured in 2023.
The figure is up 0.2% on the previous year and down 2.4% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Norway peaked at 28,288 million USD in 2014 and was at its lowest, 17,739 million USD, in 1970.
Norway ranks 56th of 236 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Norway, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 17,739 million USD | — |
| 1971 | 18,154 million USD | +2.3% |
| 1972 | 18,998 million USD | +4.6% |
| 1973 | 20,119 million USD | +5.9% |
| 1974 | 20,902 million USD | +3.9% |
| 1975 | 20,366 million USD | -2.6% |
| 1976 | 20,265 million USD | -0.5% |
| 1977 | 20,269 million USD | +0.0% |
| 1978 | 19,900 million USD | -1.8% |
| 1979 | 20,776 million USD | +4.4% |
| 1980 | 20,534 million USD | -1.2% |
| 1981 | 20,163 million USD | -1.8% |
| 1982 | 20,181 million USD | +0.1% |
| 1983 | 19,728 million USD | -2.2% |
| 1984 | 20,878 million USD | +5.8% |
| 1985 | 21,773 million USD | +4.3% |
| 1986 | 21,697 million USD | -0.3% |
| 1987 | 22,125 million USD | +2.0% |
| 1988 | 21,032 million USD | -4.9% |
| 1989 | 20,184 million USD | -4.0% |
| 1990 | 19,946 million USD | -1.2% |
| 1991 | 19,435 million USD | -2.6% |
| 1992 | 19,628 million USD | +1.0% |
| 1993 | 19,978 million USD | +1.8% |
| 1994 | 20,533 million USD | +2.8% |
| 1995 | 20,595 million USD | +0.3% |
| 1996 | 21,504 million USD | +4.4% |
| 1997 | 22,555 million USD | +4.9% |
| 1998 | 22,387 million USD | -0.7% |
| 1999 | 22,499 million USD | +0.5% |
| 2000 | 22,734 million USD | +1.0% |
| 2001 | 22,543 million USD | -0.8% |
| 2002 | 22,391 million USD | -0.7% |
| 2003 | 23,085 million USD | +3.1% |
| 2004 | 24,094 million USD | +4.4% |
| 2005 | 25,002 million USD | +3.8% |
| 2006 | 25,613 million USD | +2.4% |
| 2007 | 26,600 million USD | +3.9% |
| 2008 | 27,378 million USD | +2.9% |
| 2009 | 25,343 million USD | -7.4% |
| 2010 | 25,694 million USD | +1.4% |
| 2011 | 26,136 million USD | +1.7% |
| 2012 | 26,670 million USD | +2.0% |
| 2013 | 27,489 million USD | +3.1% |
| 2014 | 28,288 million USD | +2.9% |
| 2015 | 27,022 million USD | -4.5% |
| 2016 | 25,911 million USD | -4.1% |
| 2017 | 25,962 million USD | +0.2% |
| 2018 | 26,419 million USD | +1.8% |
| 2019 | 26,900 million USD | +1.8% |
| 2020 | 25,477 million USD | -5.3% |
| 2021 | 26,918 million USD | +5.7% |
| 2022 | 26,792 million USD | -0.5% |
| 2023 | 26,839 million USD | +0.2% |
Norway compared with similar countries
- Norway's 26,839 million USD is above the median for high income countries, which is 9,626 million USD, 2.8× the median. (73 countries reporting)
- Norway's 26,839 million USD is above the median for Europe & Central Asia, which is 12,800 million USD, 2.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19,749 million USD | 17,739 million USD | 20,902 million USD | 10 |
| 1980s | 20,829 million USD | 19,728 million USD | 22,125 million USD | 10 |
| 1990s | 20,906 million USD | 19,435 million USD | 22,555 million USD | 10 |
| 2000s | 24,478 million USD | 22,391 million USD | 27,378 million USD | 10 |
| 2010s | 26,649 million USD | 25,694 million USD | 28,288 million USD | 10 |
| 2020s | 26,506 million USD | 25,477 million USD | 26,918 million USD | 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 us$, 2015 prices in Norway?
- Value added (total manufacturing) — value us$, 2015 prices in Norway was 26,839 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Norway?
- The highest recorded value was 28,288 million USD in 2014.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Norway?
- The lowest recorded value was 17,739 million USD in 1970.
- How does Norway rank for value added (total manufacturing) — value us$, 2015 prices?
- Norway ranks 56th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Norway?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is rising.
- 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).