Norway - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Norway was $23,576,670,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $35,779,080,000 in 2008 and $2,265,886,000 in 1970.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $2,265,886,000
1971 $2,503,437,000
1972 $3,004,918,000
1973 $3,989,212,000
1974 $4,970,125,000
1975 $5,854,713,000
1976 $5,965,179,000
1977 $6,648,633,000
1978 $6,893,921,000
1979 $8,336,921,000
1980 $8,668,611,000
1981 $7,871,940,000
1982 $7,452,432,000
1983 $7,136,670,000
1984 $7,286,773,000
1985 $7,439,283,000
1986 $9,168,053,000
1987 $11,055,290,000
1988 $12,203,010,000
1989 $11,447,170,000
1990 $12,352,990,000
1991 $12,133,770,000
1992 $13,067,180,000
1993 $12,295,430,000
1994 $13,173,320,000
1995 $16,414,480,000
1996 $16,456,480,000
1997 $16,181,750,000
1998 $16,253,460,000
1999 $16,432,070,000
2000 $15,149,060,000
2001 $15,505,080,000
2002 $17,394,600,000
2003 $20,247,590,000
2004 $22,562,160,000
2005 $25,189,600,000
2006 $28,679,620,000
2007 $33,223,130,000
2008 $35,779,080,000
2009 $28,372,060,000
2010 $30,836,840,000
2011 $33,647,500,000
2012 $33,701,070,000
2013 $34,594,890,000
2014 $33,927,690,000
2015 $26,519,290,000
2016 $24,202,740,000
2017 $25,498,730,000
2018 $26,204,000,000
2019 $25,029,660,000
2020 $23,576,670,000

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Norway was 221,994,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 221,994,000,000 in 2020 and a minimum value of 16,185,000,000 in 1970.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 16,185,000,000
1971 17,664,000,000
1972 19,797,000,000
1973 23,001,000,000
1974 27,533,000,000
1975 30,602,000,000
1976 32,549,000,000
1977 35,394,000,000
1978 36,140,000,000
1979 42,219,000,000
1980 42,816,000,000
1981 45,181,000,000
1982 48,098,000,000
1983 52,072,000,000
1984 59,471,000,000
1985 63,957,000,000
1986 67,795,000,000
1987 74,485,000,000
1988 79,527,000,000
1989 79,037,000,000
1990 77,326,000,000
1991 78,662,000,000
1992 81,206,000,000
1993 87,225,000,000
1994 92,972,000,000
1995 103,989,000,000
1996 106,141,000,000
1997 114,460,000,000
1998 122,634,000,000
1999 128,157,000,000
2000 133,339,000,000
2001 139,417,000,000
2002 138,875,000,000
2003 143,357,000,000
2004 152,087,000,000
2005 162,284,000,000
2006 183,931,000,000
2007 194,744,000,000
2008 201,794,000,000
2009 178,412,000,000
2010 186,383,000,000
2011 188,581,000,000
2012 196,056,000,000
2013 203,245,000,000
2014 213,801,000,000
2015 213,856,000,000
2016 203,303,000,000
2017 210,917,000,000
2018 213,104,000,000
2019 220,261,000,000
2020 221,994,000,000

Manufacturing, value added (constant 2010 US$)

The latest value for Manufacturing, value added (constant 2010 US$) in Norway was 25,729,630,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 27,817,500,000 in 2014 and 17,605,290,000 in 1970.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 17,605,290,000
1971 18,016,490,000
1972 18,853,900,000
1973 19,966,230,000
1974 20,743,990,000
1975 20,212,130,000
1976 20,112,430,000
1977 20,116,030,000
1978 19,749,470,000
1979 20,619,490,000
1980 20,380,160,000
1981 20,011,240,000
1982 20,029,470,000
1983 19,578,840,000
1984 20,720,800,000
1985 21,609,180,000
1986 21,533,900,000
1987 21,957,880,000
1988 20,873,080,000
1989 20,031,830,000
1990 19,796,220,000
1991 19,289,040,000
1992 19,481,000,000
1993 19,828,580,000
1994 20,379,410,000
1995 20,440,180,000
1996 21,342,320,000
1997 22,385,700,000
1998 22,218,910,000
1999 22,330,020,000
2000 22,189,150,000
2001 22,017,770,000
2002 21,872,690,000
2003 22,557,570,000
2004 23,580,610,000
2005 24,484,610,000
2006 25,070,660,000
2007 25,968,090,000
2008 26,671,200,000
2009 24,711,420,000
2010 25,148,410,000
2011 25,588,630,000
2012 26,126,570,000
2013 27,007,130,000
2014 27,817,500,000
2015 26,519,290,000
2016 25,385,390,000
2017 25,462,770,000
2018 25,927,790,000
2019 26,391,200,000
2020 25,729,630,000

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Norway was -2.51 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5.90 in 1973 and a minimum value of -7.35 in 2009.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 2.34
1972 4.65
1973 5.90
1974 3.90
1975 -2.56
1976 -0.49
1977 0.02
1978 -1.82
1979 4.41
1980 -1.16
1981 -1.81
1982 0.09
1983 -2.25
1984 5.83
1985 4.29
1986 -0.35
1987 1.97
1988 -4.94
1989 -4.03
1990 -1.18
1991 -2.56
1992 1.00
1993 1.78
1994 2.78
1995 0.30
1996 4.41
1997 4.89
1998 -0.75
1999 0.50
2000 -0.63
2001 -0.77
2002 -0.66
2003 3.13
2004 4.54
2005 3.83
2006 2.39
2007 3.58
2008 2.71
2009 -7.35
2010 1.77
2011 1.75
2012 2.10
2013 3.37
2014 3.00
2015 -4.67
2016 -4.28
2017 0.30
2018 1.83
2019 1.79
2020 -2.51

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Norway was 207,488,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 224,325,000,000 in 2014 and a minimum value of 141,972,000,000 in 1970.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 141,972,000,000
1971 145,288,000,000
1972 152,041,000,000
1973 161,011,000,000
1974 167,283,000,000
1975 162,994,000,000
1976 162,190,000,000
1977 162,219,000,000
1978 159,263,000,000
1979 166,279,000,000
1980 164,349,000,000
1981 161,374,000,000
1982 161,521,000,000
1983 157,887,000,000
1984 167,096,000,000
1985 174,260,000,000
1986 173,653,000,000
1987 177,072,000,000
1988 168,324,000,000
1989 161,540,000,000
1990 159,640,000,000
1991 155,550,000,000
1992 157,098,000,000
1993 159,901,000,000
1994 164,343,000,000
1995 164,833,000,000
1996 172,108,000,000
1997 180,522,000,000
1998 179,177,000,000
1999 180,073,000,000
2000 178,937,000,000
2001 177,555,000,000
2002 176,385,000,000
2003 181,908,000,000
2004 190,158,000,000
2005 197,448,000,000
2006 202,174,000,000
2007 209,411,000,000
2008 215,081,000,000
2009 199,277,000,000
2010 202,801,000,000
2011 206,351,000,000
2012 210,689,000,000
2013 217,790,000,000
2014 224,325,000,000
2015 213,856,000,000
2016 204,712,000,000
2017 205,336,000,000
2018 209,086,000,000
2019 212,823,000,000
2020 207,488,000,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Norway was 6.51 as of 2020. Its highest value over the past 50 years was 18.31 in 1974, while its lowest value was 6.00 in 2018.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 17.68
1971 17.17
1972 17.31
1973 17.70
1974 18.31
1975 17.81
1976 16.60
1977 16.02
1978 14.82
1979 15.69
1980 13.45
1981 12.38
1982 11.90
1983 11.58
1984 11.74
1985 11.37
1986 11.65
1987 11.73
1988 11.98
1989 11.15
1990 10.31
1991 9.96
1992 9.99
1993 10.20
1994 10.36
1995 10.80
1996 10.06
1997 10.03
1998 10.54
1999 10.13
2000 8.85
2001 8.91
2002 8.90
2003 8.85
2004 8.53
2005 8.16
2006 8.30
2007 8.29
2008 7.74
2009 7.35
2010 7.19
2011 6.75
2012 6.61
2013 6.62
2014 6.81
2015 6.87
2016 6.56
2017 6.40
2018 6.00
2019 6.18
2020 6.51

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts