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 59th of 236 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$ in Norway, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2,266 million USD | — |
| 1971 | 2,503 million USD | +10.5% |
| 1972 | 3,005 million USD | +20.0% |
| 1973 | 3,989 million USD | +32.8% |
| 1974 | 4,970 million USD | +24.6% |
| 1975 | 5,855 million USD | +17.8% |
| 1976 | 5,965 million USD | +1.9% |
| 1977 | 6,649 million USD | +11.5% |
| 1978 | 6,894 million USD | +3.7% |
| 1979 | 8,337 million USD | +20.9% |
| 1980 | 8,669 million USD | +4.0% |
| 1981 | 7,872 million USD | -9.2% |
| 1982 | 7,452 million USD | -5.3% |
| 1983 | 7,137 million USD | -4.2% |
| 1984 | 7,287 million USD | +2.1% |
| 1985 | 7,439 million USD | +2.1% |
| 1986 | 9,168 million USD | +23.2% |
| 1987 | 11,055 million USD | +20.6% |
| 1988 | 12,203 million USD | +10.4% |
| 1989 | 11,447 million USD | -6.2% |
| 1990 | 12,353 million USD | +7.9% |
| 1991 | 12,134 million USD | -1.8% |
| 1992 | 13,067 million USD | +7.7% |
| 1993 | 12,295 million USD | -5.9% |
| 1994 | 13,173 million USD | +7.1% |
| 1995 | 16,415 million USD | +24.6% |
| 1996 | 16,456 million USD | +0.3% |
| 1997 | 16,182 million USD | -1.7% |
| 1998 | 16,254 million USD | +0.4% |
| 1999 | 16,432 million USD | +1.1% |
| 2000 | 15,388 million USD | -6.4% |
| 2001 | 15,731 million USD | +2.2% |
| 2002 | 17,644 million USD | +12.2% |
| 2003 | 20,587 million USD | +16.7% |
| 2004 | 22,912 million USD | +11.3% |
| 2005 | 25,516 million USD | +11.4% |
| 2006 | 28,980 million USD | +13.6% |
| 2007 | 33,628 million USD | +16.0% |
| 2008 | 36,334 million USD | +8.0% |
| 2009 | 28,991 million USD | -20.2% |
| 2010 | 31,370 million USD | +8.2% |
| 2011 | 34,249 million USD | +9.2% |
| 2012 | 34,392 million USD | +0.4% |
| 2013 | 35,292 million USD | +2.6% |
| 2014 | 34,555 million USD | -2.1% |
| 2015 | 27,022 million USD | -21.8% |
| 2016 | 24,742 million USD | -8.4% |
| 2017 | 26,024 million USD | +5.2% |
| 2018 | 26,845 million USD | +3.2% |
| 2019 | 25,653 million USD | -4.4% |
| 2020 | 24,219 million USD | -5.6% |
| 2021 | 28,266 million USD | +16.7% |
| 2022 | 29,302 million USD | +3.7% |
| 2023 | 29,414 million USD | +0.4% |
Norway compared with similar countries
- Norway's 29,414 million USD is above the median for high income countries, which is 11,780 million USD, 2.5× the median. (73 countries reporting)
- Norway's 29,414 million USD is above the median for Europe & Central Asia, which is 15,638 million USD, 1.9× the median. (52 countries reporting)
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
- 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ 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$?
- Norway ranks 59th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ 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
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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).