Norway: Manufacturing value added

* indicates monthly or quarterly data series
 Norway

Manufacturing value added, billion USD

 Latest value 29.46
 Year 2023
 Measure billion U.S. dollars
 Data availability 1970 - 2023
 Average 17.44
 Min - Max 2.27 - 36.33
 Source The World Bank
For that indicator, we provide data for Norway from 1970 to 2023. The average value for Norway during that period was 17.44 billion U.S. dollars with a minimum of 2.27 billion U.S. dollars in 1970 and a maximum of 36.33 billion U.S. dollars in 2008. The latest value from 2023 is 29.46 billion U.S. dollars. For comparison, the world average in 2023 based on 127 countries is 92.84 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Norway - Manufacturing value added - Recent values chart

Historical chart
Norway - Manufacturing value added - historical chart - 1970-2023




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.

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 Related indicators Latest value Reference Measure
 Share of industry 49.12 2022 percent
 Share of manufacturing 4.88 2022 percent
 Share of services 41.79 2022 percent
 Industry value added 189.23 2023 billion U.S. dollars
 Manufacturing value added 29.46 2023 billion U.S. dollars
 Services value added 242.72 2023 billion U.S. dollars
 Savings, percent of GDP 49.49 2022 percent
 Savings, in dollars 209.38 2023 billion U.S. dollars
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