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Norway Industry Value Added

Industry (including construction) value added as % of GDP  NV.IND.TOTL.ZS

44.38% +7.42% (+20.1%)
Year 2025 Rank #16 Global Peak 49.13% (2022) Source World Bank

Norway Industry Value Added (1970–2025)

Overview

Norway's industry value added stood at 44.38% in 2025, a rise of +7.42% from 2024. Based on recent trends, this figure is projected to reach 44.38% by 2025. Norway ranked 16th globally.

Data & projection

Year Industry Value Added YoY change Rank
2027* trend 48.64% - -
2026* trend 46.51% - -
2025* trend 44.38% - -
2025 44.38% +7.42% #16
2024 36.95% −2.11% #151
2023 39.07% −10.06% #170
2022 49.13% +11.23% #183
2021 37.90% +11.02% #174
2020 26.88% −2.94% #132
2019 29.82% −2.82% #146
2018 32.64% +2.15% #159
2017 30.49% +1.96% #151
2016 28.53% −3.07% #147
2015 31.60% −3.08% #161
2014 34.67% −1.60% #167
2013 36.27% −1.20% #170
2012 37.48% −0.15% #171
2011 37.62% +2.32% #168
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.0% GDP growth 3.9% C/A balance 14.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Norway matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw industry value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Norway's industry value added?

Norway's industry value added was 44.38% in 2025. Ranked 16th globally. This represents a 20.1% increase from the previous year.

What was the highest industry value added in Norway?

Norway's industry value added peaked at 49.13% in 2022.

What was the lowest industry value added in Norway?

The lowest industry value added in Norway was 26.12% in 1971.

How does Norway rank in industry value added?

Norway ranks 16th globally in industry value added as of 2025.

What is the World Bank indicator code for industry value added?

The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.

What is the projected industry value added of Norway in 2025?

Norway's industry value added is projected to reach 44.38% by 2025 based on trend extrapolation.

What is the industry value added of Norway in 2025?

The industry value added of Norway in 2025 was 44.38%. This ranks 16th in the world.

Cite this page

APA
Norway Industry Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/norway/industry-value-added
BibTeX
@misc{historysaid_norway_industry-value-added, title = {Norway Industry Value Added}, url = {https://historysaid.com/norway/industry-value-added}, publisher = {HistorySaid}, year = {2026} }