Industry value added — all countries

Industry value added — Norway

Industry value added in Norway in 2025 — 182,880,288,577 US$. Ranked 21 in the world out of 158. Since 1970, the indicator has risen by 5,212.1%.

2025 183B US$ +1.51% vs 2024
World rank 21of 158
Period maximum 295B US$2022
Period minimum 3.44B US$1970

Trend over time

1970–2025 · US$

Industry value added — Norway, 1970–20250100B200B300B19701976198219881994200020062012201820241970: 3,442,719,344 US$1971: 3,809,719,526 US$1972: 4,550,408,306 US$1973: 5,932,221,027 US$1974: 7,446,432,117 US$1975: 9,481,719,566 US$1976: 10,231,100,522 US$1977: 11,735,136,658 US$1978: 13,772,199,226 US$1979: 17,055,350,408 US$1980: 22,017,938,128 US$1981: 21,656,416,064 US$1982: 21,441,586,613 US$1983: 21,583,383,586 US$1984: 22,684,923,115 US$1985: 23,351,556,321 US$1986: 22,887,338,229 US$1987: 26,923,636,364 US$1988: 27,990,332,975 US$1989: 29,970,743,718 US$1990: 35,374,698,468 US$1991: 34,620,000,309 US$1992: 36,662,482,903 US$1993: 33,274,974,979 US$1994: 35,470,131,489 US$1995: 43,773,992,928 US$1996: 50,640,174,889 US$1997: 50,783,781,491 US$1998: 42,616,134,975 US$1999: 48,079,033,747 US$2000: 63,095,957,645 US$2001: 62,006,405,908 US$2002: 65,909,216,163 US$2003: 77,689,613,288 US$2004: 94,172,798,481 US$2005: 119,324,485,836 US$2006: 139,379,726,506 US$2007: 152,169,677,739 US$2008: 190,669,680,851 US$2009: 136,151,424,073 US$2010: 153,193,326,899 US$2011: 189,798,667,735 US$2012: 193,349,720,670 US$2013: 192,061,106,383 US$2014: 175,066,543,243 US$2015: 123,615,872,688 US$2016: 106,434,404,762 US$2017: 123,306,346,968 US$2018: 144,525,668,614 US$2019: 122,709,318,182 US$2020: 99,532,135,587 US$2021: 192,234,924,331 US$2022: 295,494,461,298 US$2023: 190,259,450,931 US$2024: 180,161,830,167 US$2025: 182,880,288,577 US$
Change over the period: +179B (+5,212.09%) Average annual rate: 7.49 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Norway

Norway 183B US$
World 29.57T US$
Northern Europe computed 1.49T US$
Industry value added — Norway, by year Norway All countries CSV XLSX
Year US$ Change Change, %
2025 183B +2.72B +1.51%
2024 180B −10.1B −5.31%
2023 190B −105B −35.61%
2022 295B +103B +53.72%
2021 192B +92.7B +93.14%
2020 99.53B −23.18B −18.89%
2019 123B −21.82B −15.1%
2018 145B +21.22B +17.21%
2017 123B +16.87B +15.85%
2016 106B −17.18B −13.9%
2015 124B −51.45B −29.39%
2014 175B −16.99B −8.85%
2013 192B −1.29B −0.67%
2012 193B +3.55B +1.87%
2011 190B +36.61B +23.89%
2010 153B +17.04B +12.52%
2009 136B −54.52B −28.59%
2008 191B +38.5B +25.3%
2007 152B +12.79B +9.18%
2006 139B +20.06B +16.81%
2005 119B +25.15B +26.71%
2004 94.17B +16.48B +21.22%
2003 77.69B +11.78B +17.87%
2002 65.91B +3.9B +6.29%
2001 62.01B −1.09B −1.73%
2000 63.1B +15.02B +31.23%
1999 48.08B +5.46B +12.82%
1998 42.62B −8.17B −16.08%
1997 50.78B +144M +0.28%
1996 50.64B +6.87B +15.69%
1995 43.77B +8.3B +23.41%
1994 35.47B +2.2B +6.6%
1993 33.27B −3.39B −9.24%
1992 36.66B +2.04B +5.9%
1991 34.62B −755M −2.13%
1990 35.37B +5.4B +18.03%
1989 29.97B +1.98B +7.08%
1988 27.99B +1.07B +3.96%
1987 26.92B +4.04B +17.64%
1986 22.89B −464M −1.99%
1985 23.35B +667M +2.94%
1984 22.68B +1.1B +5.1%
1983 21.58B +142M +0.66%
1982 21.44B −215M −0.99%
1981 21.66B −362M −1.64%
1980 22.02B +4.96B +29.1%
1979 17.06B +3.28B +23.84%
1978 13.77B +2.04B +17.36%
1977 11.74B +1.5B +14.7%
1976 10.23B +749M +7.9%
1975 9.48B +2.04B +27.33%
1974 7.45B +1.51B +25.53%
1973 5.93B +1.38B +30.37%
1972 4.55B +741M +19.44%
1971 3.81B +367M +10.66%
1970 3.44B

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.