Norway vs Sweden: Industry (including construction), value added
Industry (including construction), value added over time
- Norway
- Sweden
How they compare
Norway currently reports 136.41 billion constant 2015 US$ against 122.69 billion constant 2015 US$ in Sweden, a difference of 13.72 billion constant 2015 US$.
That makes Norway's figure about 1.1 times Sweden's.
Across all 46 years both countries report, Norway has been ahead every year.
Globally, Norway ranks 29th and Sweden ranks 31st of 195 countries.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.