Value Added (Total Manufacturing) — Value US$ in Norway
Norway: Value Added (Total Manufacturing) — Value US$ was 29,414 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Norway, 1970–2023
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
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Norway
- External balance on goods and services as a percent of gdp 11.69 (2025)
- Inflation of consumer prices 3.06 (2025)
- Gdp per capita worldbank constant usd 83,813 (2025)
- Manufacturing value added to gdp 6.12 (2025)
- Gdp worldbank constant usd 470.26 billion (2025)
- Gdp per capita in international and market dollars 83,813 (2025)
- DEC alternative conversion factor 10.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -56.92 billion current LCU (2022)
- Net secondary income (Net current transfers from abroad) -5.92 billion current US$ (2022)
- Taxes less subsidies on products 488.47 billion current LCU (2025)
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.
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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).