Value Added (Total Manufacturing) — Value US$ in Norway

Norway: Value Added (Total Manufacturing) — Value US$ was 29,414 million USD in 2023. ◆ Volatile

Latest (2023)
29,414 million USD
Change on year
up 0.4%
World rank
53rd
of 220 countries
All-time high
36,334 million USD
in 2008
All-time low
2,266 million USD
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value US$ in Norway, 1970–2023

010.0k20.0k30.0k40.0k197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2023, value added (total manufacturing) — value us$ in Norway stood at 29,414 million USD.

Compared with earlier readings it is up 0.4% on the previous year and down 16.7% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Norway peaked at 36,334 million USD in 2008 and was at its lowest, 2,266 million USD, in 1970.

Norway ranks 53rd of 220 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 5,043 million USD 2,266 million USD 8,337 million USD 10
1980s 8,973 million USD 7,137 million USD 12,203 million USD 10
1990s 14,476 million USD 12,134 million USD 16,456 million USD 10
2000s 24,571 million USD 15,388 million USD 36,334 million USD 10
2010s 30,014 million USD 24,742 million USD 35,292 million USD 10
2020s 27,800 million USD 24,219 million USD 29,414 million USD 4

Countries ranked near Norway

  1. 50 Peru 33,943 million USD compare
  2. 51 Kazakhstan 31,882 million USD compare
  3. 52 Chile 30,890 million USD compare
  4. 54 Slovakia 27,561 million USD compare
  5. 55 Algeria 23,018 million USD compare
  6. 56 New Zealand 22,800 million USD compare

See the full ranking of 252 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is value added (total manufacturing) — value us$ in Norway?
Value added (total manufacturing) — value us$ in Norway was 29,414 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value us$ recorded in Norway?
The highest recorded value was 36,334 million USD in 2008.
What is the lowest value added (total manufacturing) — value us$ recorded in Norway?
The lowest recorded value was 2,266 million USD in 1970.
How does Norway rank for value added (total manufacturing) — value us$?
Norway ranks 53rd out of 220 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Norway?
Over the last ten years it is down 16.7%. 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 US$. 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

Indicator
Value Added (Total Manufacturing) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).