Industry (including construction), value added in Norway
Norway: Industry (including construction), value added was 1.90 trillion current LCU in 2025. ◆ Volatile
Industry (including construction), value added in Norway, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Norway recorded 1.90 trillion current LCU for industry (including construction), value added in 2025.
That represents a change of down 1.8% on the previous year and up 90.7% over ten years.
Over the whole period, industry (including construction), value added in Norway peaked at 2.84 trillion current LCU in 2022 and was at its lowest, 24.59 billion current LCU, in 1970.
That places Norway 66th out of 208 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.33 billion current LCU | 24.59 billion current LCU | 86.37 billion current LCU | 10 |
| 1980s | 165.48 billion current LCU | 108.75 billion current LCU | 206.93 billion current LCU | 10 |
| 1990s | 281.98 billion current LCU | 221.44 billion current LCU | 374.98 billion current LCU | 10 |
| 2000s | 731.01 billion current LCU | 526.21 billion current LCU | 1.08 trillion current LCU | 10 |
| 2010s | 1.05 trillion current LCU | 894.05 billion current LCU | 1.18 trillion current LCU | 10 |
| 2020s | 1.88 trillion current LCU | 937.18 billion current LCU | 2.84 trillion current LCU | 6 |
Countries ranked near Norway
- 63 Serbia 2.32 trillion current LCU compare
- 64 Dominican Republic 2.24 trillion current LCU compare
- 65 Saudi Arabia 2.06 trillion current LCU compare
- 67 South Africa 1.84 trillion current LCU compare
- 68 Ukraine 1.60 trillion current LCU compare
- 69 Togo 1.45 trillion current LCU compare
More economy & growth data for Norway
- DEC alternative conversion factor 10.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -56.92 billion current LCU (2022)
- Net secondary income (Net current transfers from abroad) -5.92 billion current US$ (2022)
- Taxes less subsidies on products 488.47 billion current LCU (2025)
- Taxes less subsidies on products 46.99 billion current US$ (2025)
- Net primary income (Net income from abroad) 167.61 billion current LCU (2022)
- Net primary income (Net income from abroad) 17.43 billion current US$ (2022)
- GNI per capita 1.02 million current LCU (2025)
- GNI per capita, Atlas method 97,310 current US$ (2025)
- GNI 5.72 trillion current LCU (2025)
Frequently asked questions
- What is industry (including construction), value added in Norway?
- Industry (including construction), value added in Norway was 1.90 trillion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Norway?
- The highest recorded value was 2.84 trillion current LCU in 2022.
- What is the lowest industry (including construction), value added recorded in Norway?
- The lowest recorded value was 24.59 billion current LCU in 1970.
- How does Norway rank for industry (including construction), value added?
- Norway ranks 66th out of 208 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Norway?
- Over the last ten years it is up 90.7%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.