Norway: Services value added

* indicates monthly or quarterly data series
 Norway

Services value added, billion USD

 Latest value 242.72
 Year 2023
 Measure billion U.S. dollars
 Data availability 1970 - 2023
 Average 115.35
 Min - Max 7.09 - 273.83
 Source The World Bank
The latest value from 2023 is 242.72 billion U.S. dollars, a decline from 247.85 billion U.S. dollars in 2022. In comparison, the world average is 258.63 billion U.S. dollars, based on data from 152 countries. Historically, the average for Norway from 1970 to 2023 is 115.35 billion U.S. dollars. The minimum value, 7.09 billion U.S. dollars, was reached in 1970 while the maximum of 273.83 billion U.S. dollars was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Norway - Services value added - Recent values chart

Historical series
Norway - Services value added - historical chart - 1970-2023




Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.

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 Related indicators Latest Reference Measure
 Share of industry 38.98 2023 percent
 Share of manufacturing 6.07 2023 percent
 Share of services 49.99 2023 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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