Norway - Manufacturing Value Added
Since 2014, Norway Manufacturing Value Added was down by 1.4points year on year. With 7.11 Percent of Value Added in Industry and Services in 2019, the country was ranked number 41 among other countries in Manufacturing Value Added. Norway is overtaken by Greece, which was number 40 at 8.87 Percent of Value Added in Industry and Services and is followed by Australia at 6.11 Percent of Value Added in Industry and Services. Ireland ranked the highest with 33.5 Percent of Value Added in Industry and Services in 2019, that is a decrease of 4.1points compared to 2018. South Korea, Czech Republic and Slovenia respectively ranked number 2, 3 and 4 in this ranking. Ireland witnessed the best average annual growth at +9points per year, while Iceland was the worst growing country at -5.2points per year.
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| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 7.11 |
| 2018 | 6.74 |
| 2017 | 7.22 |
| 2016 | 7.42 |
| 2015 | 7.72 |
How does Norway rank in Manufacturing Value Added?
| # | 43 Countries | Percent of Value Added in Industry and Services | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Ireland
|
33.50 % | 2019 | -4.1 % | +9.0 % | View data | |
| 2 |
#2
South Korea
|
27.66 % | 2019 | -5.0 % | -1.3 % | View data | |
| 40 |
#40
Greece
|
8.87 % | 2019 | -2.2 % | +0.5 % | View data | |
| 41 |
#41
Norway
|
7.11 % | 2019 | +5.5 % | -1.4 % | View data | |
| 42 |
#42
Australia
|
6.11 % | 2019 | +1.2 % | -1.9 % | View data | |