Norway - Industry

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Norway was $149,076,000,000 as of 2010. Over the past 40 years, the value for this indicator has fluctuated between $181,767,000,000 in 2008 and $3,507,399,000 in 1970.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 $3,507,399,000
1971 $3,888,944,000
1972 $4,671,686,000
1973 $6,075,826,000
1974 $7,568,641,000
1975 $9,642,618,000
1976 $10,396,960,000
1977 $11,920,920,000
1978 $13,974,780,000
1979 $17,252,820,000
1980 $22,227,280,000
1981 $21,874,380,000
1982 $21,568,330,000
1983 $21,748,260,000
1984 $22,794,220,000
1985 $23,386,340,000
1986 $22,958,740,000
1987 $27,029,760,000
1988 $28,149,760,000
1989 $30,044,460,000
1990 $35,411,280,000
1991 $35,016,740,000
1992 $36,981,580,000
1993 $33,540,120,000
1994 $35,719,650,000
1995 $44,014,080,000
1996 $50,755,840,000
1997 $50,813,470,000
1998 $42,526,940,000
1999 $47,698,230,000
2000 $62,092,070,000
2001 $60,510,810,000
2002 $64,058,090,000
2003 $75,195,050,000
2004 $91,239,060,000
2005 $115,239,000,000
2006 $134,277,000,000
2007 $145,395,000,000
2008 $181,767,000,000
2009 $128,923,000,000
2010 $149,076,000,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Norway was 901,038,000,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,025,170,000,000 in 2008 and a minimum value of 25,053,000,000 in 1970.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 25,053,000,000
1971 27,440,000,000
1972 30,778,000,000
1973 35,032,000,000
1974 41,928,000,000
1975 50,401,000,000
1976 56,731,000,000
1977 63,461,000,000
1978 73,260,000,000
1979 87,370,000,000
1980 109,785,000,000
1981 125,548,000,000
1982 139,202,000,000
1983 158,684,000,000
1984 186,035,000,000
1985 201,057,000,000
1986 169,773,000,000
1987 182,113,000,000
1988 183,452,000,000
1989 207,442,000,000
1990 221,664,000,000
1991 227,010,000,000
1992 229,822,000,000
1993 237,937,000,000
1994 252,095,000,000
1995 278,838,000,000
1996 327,365,000,000
1997 359,424,000,000
1998 320,870,000,000
1999 372,008,000,000
2000 546,522,000,000
2001 544,095,000,000
2002 511,427,000,000
2003 532,396,000,000
2004 615,027,000,000
2005 742,430,000,000
2006 861,163,000,000
2007 852,256,000,000
2008 1,025,170,000,000
2009 810,710,000,000
2010 901,038,000,000

Industry, value added (constant 2000 US$)

The latest value for Industry, value added (constant 2000 US$) in Norway was 57,703,410,000 as of 2010. Over the past 40 years, the value for this indicator has fluctuated between 65,122,860,000 in 2005 and 18,309,460,000 in 1970.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 2000 U.S. dollars.

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

See also:

Year Value
1970 18,309,460,000
1971 19,095,430,000
1972 20,161,390,000
1973 21,008,640,000
1974 21,963,580,000
1975 23,727,000,000
1976 24,953,730,000
1977 25,602,640,000
1978 28,366,010,000
1979 29,595,940,000
1980 31,358,280,000
1981 30,867,720,000
1982 31,057,510,000
1983 33,308,240,000
1984 36,180,330,000
1985 37,486,610,000
1986 38,917,600,000
1987 40,795,720,000
1988 41,019,370,000
1989 43,342,520,000
1990 43,945,250,000
1991 45,745,040,000
1992 48,325,740,000
1993 48,880,040,000
1994 52,987,360,000
1995 55,772,970,000
1996 58,674,930,000
1997 61,903,410,000
1998 60,817,520,000
1999 60,065,340,000
2000 62,092,070,000
2001 62,737,900,000
2002 63,245,360,000
2003 63,367,500,000
2004 64,816,100,000
2005 65,122,860,000
2006 63,039,590,000
2007 62,143,590,000
2008 61,670,230,000
2009 59,582,150,000
2010 57,703,410,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Norway was -3.15 as of 2010. As the graph below shows, over the past 39 years this indicator reached a maximum value of 10.79 in 1978 and a minimum value of -3.39 in 2009.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 4.29
1972 5.58
1973 4.20
1974 4.55
1975 8.03
1976 5.17
1977 2.60
1978 10.79
1979 4.34
1980 5.95
1981 -1.56
1982 0.61
1983 7.25
1984 8.62
1985 3.61
1986 3.82
1987 4.83
1988 0.55
1989 5.66
1990 1.39
1991 4.10
1992 5.64
1993 1.15
1994 8.40
1995 5.26
1996 5.20
1997 5.50
1998 -1.75
1999 -1.24
2000 3.37
2001 1.04
2002 0.81
2003 0.19
2004 2.29
2005 0.47
2006 -3.20
2007 -1.42
2008 -0.76
2009 -3.39
2010 -3.15

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Norway was 657,845,000,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 742,430,000,000 in 2005 and a minimum value of 208,736,000,000 in 1970.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 208,736,000,000
1971 217,697,000,000
1972 229,849,000,000
1973 239,508,000,000
1974 250,395,000,000
1975 270,498,000,000
1976 284,484,000,000
1977 291,882,000,000
1978 323,385,000,000
1979 337,407,000,000
1980 357,499,000,000
1981 351,906,000,000
1982 354,070,000,000
1983 379,729,000,000
1984 412,472,000,000
1985 427,364,000,000
1986 443,678,000,000
1987 465,090,000,000
1988 467,639,000,000
1989 494,124,000,000
1990 500,996,000,000
1991 521,514,000,000
1992 550,935,000,000
1993 557,255,000,000
1994 604,080,000,000
1995 635,837,000,000
1996 668,921,000,000
1997 705,727,000,000
1998 693,347,000,000
1999 684,772,000,000
2000 707,878,000,000
2001 715,240,000,000
2002 721,026,000,000
2003 722,418,000,000
2004 738,933,000,000
2005 742,430,000,000
2006 718,680,000,000
2007 708,465,000,000
2008 703,068,000,000
2009 679,263,000,000
2010 657,845,000,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Norway was 40.21 as of 2010. Its highest value over the past 40 years was 44.59 in 2008, while its lowest value was 31.17 in 1971.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 31.60
1971 31.17
1972 31.39
1973 31.38
1974 32.09
1975 33.68
1976 33.24
1977 33.08
1978 34.33
1979 37.05
1980 39.07
1981 39.21
1982 39.21
1983 40.35
1984 41.98
1985 41.46
1986 34.63
1987 33.81
1988 32.21
1989 33.74
1990 33.95
1991 33.06
1992 32.71
1993 32.40
1994 33.00
1995 34.19
1996 36.64
1997 37.13
1998 32.66
1999 34.67
2000 41.95
2001 40.18
2002 37.92
2003 37.82
2004 39.60
2005 42.56
2006 44.35
2007 41.74
2008 44.59
2009 38.69
2010 40.21

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts