Norway - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Norway was 225,696 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 263,876 in 2005 and 181,077 in 1991.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 181,077
1992 192,833
1993 196,949
1994 207,487
1995 218,445
1996 223,009
1997 225,414
1998 222,001
1999 225,822
2000 237,285
2001 240,930
2002 242,423
2003 246,967
2004 263,720
2005 263,876
2006 252,783
2007 239,373
2008 231,771
2009 234,149
2010 233,943
2011 222,337
2012 222,797
2013 218,597
2014 218,586
2015 224,951
2016 233,981
2017 241,509
2018 232,306
2019 225,696

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Norway was $94,294,040,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $187,709,000,000 in 2012 and $3,442,719,000 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 $3,442,719,000
1971 $3,809,720,000
1972 $4,550,408,000
1973 $5,932,221,000
1974 $7,446,432,000
1975 $9,481,720,000
1976 $10,231,100,000
1977 $11,735,140,000
1978 $13,772,390,000
1979 $17,055,350,000
1980 $22,017,940,000
1981 $21,656,420,000
1982 $21,441,590,000
1983 $21,583,380,000
1984 $22,684,920,000
1985 $23,351,560,000
1986 $22,887,470,000
1987 $26,923,780,000
1988 $27,990,330,000
1989 $29,970,600,000
1990 $35,374,540,000
1991 $34,620,000,000
1992 $36,662,480,000
1993 $33,274,830,000
1994 $35,470,270,000
1995 $43,773,990,000
1996 $50,640,180,000
1997 $50,783,780,000
1998 $42,549,200,000
1999 $47,979,790,000
2000 $62,496,310,000
2001 $61,247,930,000
2002 $64,981,460,000
2003 $76,426,800,000
2004 $92,568,840,000
2005 $117,273,000,000
2006 $137,071,000,000
2007 $149,060,000,000
2008 $186,263,000,000
2009 $132,470,000,000
2010 $149,071,000,000
2011 $184,497,000,000
2012 $187,709,000,000
2013 $186,309,000,000
2014 $169,618,000,000
2015 $119,639,000,000
2016 $103,056,000,000
2017 $118,687,000,000
2018 $138,934,000,000
2019 $117,327,000,000
2020 $94,294,040,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Norway was 887,857,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,129,880,000,000 in 2018 and a minimum value of 24,591,000,000 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 24,591,000,000
1971 26,881,000,000
1972 29,979,000,000
1973 34,204,000,000
1974 41,251,000,000
1975 49,560,000,000
1976 55,826,000,000
1977 62,472,000,000
1978 72,199,000,000
1979 86,370,000,000
1980 108,751,000,000
1981 124,297,000,000
1982 138,384,000,000
1983 157,481,000,000
1984 185,143,000,000
1985 200,758,000,000
1986 169,246,000,000
1987 181,399,000,000
1988 182,413,000,000
1989 206,932,000,000
1990 221,434,000,000
1991 224,438,000,000
1992 227,839,000,000
1993 236,055,000,000
1994 250,335,000,000
1995 277,317,000,000
1996 326,619,000,000
1997 359,214,000,000
1998 321,038,000,000
1999 374,204,000,000
2000 550,080,000,000
2001 550,723,000,000
2002 518,799,000,000
2003 541,117,000,000
2004 623,988,000,000
2005 755,532,000,000
2006 879,076,000,000
2007 873,743,000,000
2008 1,050,520,000,000
2009 833,011,000,000
2010 901,012,000,000
2011 1,034,030,000,000
2012 1,092,000,000,000
2013 1,094,570,000,000
2014 1,068,870,000,000
2015 964,785,000,000
2016 865,671,000,000
2017 981,736,000,000
2018 1,129,880,000,000
2019 1,032,480,000,000
2020 887,857,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Norway was 125,567,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 127,922,000,000 in 2005 and 34,715,300,000 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 2010 U.S. dollars.

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

See also:

Year Value
1970 34,715,300,000
1971 36,162,080,000
1972 37,972,300,000
1973 39,583,760,000
1974 41,549,610,000
1975 44,850,020,000
1976 47,169,540,000
1977 48,527,520,000
1978 53,931,300,000
1979 56,221,560,000
1980 59,539,320,000
1981 58,552,240,000
1982 59,249,890,000
1983 63,420,440,000
1984 69,021,880,000
1985 71,769,720,000
1986 74,505,650,000
1987 78,054,320,000
1988 78,492,180,000
1989 83,039,700,000
1990 84,121,770,000
1991 86,568,150,000
1992 91,472,190,000
1993 92,651,980,000
1994 99,275,230,000
1995 104,594,000,000
1996 110,632,000,000
1997 117,431,000,000
1998 115,818,000,000
1999 115,796,000,000
2000 120,046,000,000
2001 121,895,000,000
2002 123,016,000,000
2003 123,452,000,000
2004 127,187,000,000
2005 127,922,000,000
2006 125,372,000,000
2007 124,741,000,000
2008 123,862,000,000
2009 119,231,000,000
2010 115,948,000,000
2011 114,451,000,000
2012 116,633,000,000
2013 115,730,000,000
2014 117,403,000,000
2015 119,639,000,000
2016 120,274,000,000
2017 124,130,000,000
2018 121,828,000,000
2019 120,528,000,000
2020 125,567,000,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Norway was 4.18 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 11.14 in 1978 and a minimum value of -3.74 in 2009.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 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 4.17
1972 5.01
1973 4.24
1974 4.97
1975 7.94
1976 5.17
1977 2.88
1978 11.14
1979 4.25
1980 5.90
1981 -1.66
1982 1.19
1983 7.04
1984 8.83
1985 3.98
1986 3.81
1987 4.76
1988 0.56
1989 5.79
1990 1.30
1991 2.91
1992 5.66
1993 1.29
1994 7.15
1995 5.36
1996 5.77
1997 6.15
1998 -1.37
1999 -0.02
2000 3.67
2001 1.54
2002 0.92
2003 0.35
2004 3.03
2005 0.58
2006 -1.99
2007 -0.50
2008 -0.71
2009 -3.74
2010 -2.75
2011 -1.29
2012 1.91
2013 -0.77
2014 1.45
2015 1.90
2016 0.53
2017 3.21
2018 -1.85
2019 -1.07
2020 4.18

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Norway was 1,012,590,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,031,580,000,000 in 2005 and a minimum value of 279,950,000,000 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 279,950,000,000
1971 291,617,000,000
1972 306,215,000,000
1973 319,210,000,000
1974 335,063,000,000
1975 361,678,000,000
1976 380,383,000,000
1977 391,334,000,000
1978 434,911,000,000
1979 453,380,000,000
1980 480,135,000,000
1981 472,175,000,000
1982 477,801,000,000
1983 511,433,000,000
1984 556,604,000,000
1985 578,763,000,000
1986 600,826,000,000
1987 629,443,000,000
1988 632,974,000,000
1989 669,646,000,000
1990 678,372,000,000
1991 698,100,000,000
1992 737,647,000,000
1993 747,161,000,000
1994 800,572,000,000
1995 843,460,000,000
1996 892,158,000,000
1997 946,987,000,000
1998 933,978,000,000
1999 933,797,000,000
2000 968,068,000,000
2001 982,982,000,000
2002 992,021,000,000
2003 995,538,000,000
2004 1,025,660,000,000
2005 1,031,580,000,000
2006 1,011,020,000,000
2007 1,005,940,000,000
2008 998,840,000,000
2009 961,501,000,000
2010 935,026,000,000
2011 922,948,000,000
2012 940,549,000,000
2013 933,268,000,000
2014 946,760,000,000
2015 964,785,000,000
2016 969,908,000,000
2017 1,001,000,000,000
2018 982,444,000,000
2019 971,958,000,000
2020 1,012,590,000,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Norway was 26.03 as of 2020. Its highest value over the past 50 years was 40.29 in 2008, while its lowest value was 26.03 in 2020.

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 or 4.

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

See also:

Year Value
1970 26.87
1971 26.12
1972 26.21
1973 26.33
1974 27.43
1975 28.84
1976 28.47
1977 28.27
1978 29.60
1979 32.10
1980 34.17
1981 34.05
1982 34.23
1983 35.02
1984 36.55
1985 35.70
1986 29.08
1987 28.57
1988 27.47
1989 29.20
1990 29.53
1991 28.41
1992 28.02
1993 27.60
1994 27.90
1995 28.79
1996 30.97
1997 31.47
1998 27.60
1999 29.57
2000 36.49
2001 35.21
2002 33.23
2003 33.39
2004 35.00
2005 37.97
2006 39.66
2007 37.18
2008 40.29
2009 34.30
2010 34.77
2011 37.03
2012 36.84
2013 35.64
2014 34.03
2015 31.01
2016 27.94
2017 29.79
2018 31.79
2019 28.97
2020 26.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts