Norway Industrial Production  1991-2017 | Data | Chart | Calendar

Industrial production in Norway jumped 12.3 percent from a year earlier in September of 2017, compared to a 6.7 percent gain in the previous month. It was the steepest increase in industrial production since May 2012, as output rose at a faster pace for extraction and related services (15.1 percent from 7.3 percent in August), manufacturing (1.2 percent from 0.2 percent) and electricity, gas and steam (7.9 percent from 6.9 percent). At the same time, mining and quarrying fell at a much slower pace (-1.6 percent from -4.0 percent). On a monthly basis, industrial production declined by 0.5 percent. Industrial Production in Norway averaged 0.41 percent from 1991 until 2017, reaching an all time high of 15.40 percent in June of 1994 and a record low of -13.10 percent in August of 2010.

Norway Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-07 06:00 AM Industrial Production YoY 0.5% 5.4% 5.1%
2017-10-06 06:00 AM Industrial Production YoY 6.7% 0.5% 1.4%
2017-11-07 07:00 AM Industrial Production YoY 12.3% 6.7% 5.1%
2017-12-07 07:00 AM Industrial Production YoY 12.3% 9.1%


Norway Business Last Previous Highest Lowest Unit
Business Confidence 2.30 3.70 20.10 -22.90 [+]
Manufacturing PMI 54.50 52.30 64.40 34.90 [+]
Industrial Production 12.30 6.70 15.40 -13.10 percent [+]
Industrial Production Mom -0.50 0.50 12.30 -9.30 percent [+]
Manufacturing Production 1.20 0.20 8.90 -10.40 percent [+]
Capacity Utilization 77.90 77.70 85.50 76.20 percent [+]
New Orders 97.80 107.30 171.00 39.70 Index Points [+]
Changes in Inventories 31604.00 47292.00 56094.00 3271.00 NOK Million [+]
Bankruptcies 366.00 331.00 595.00 43.00 Companies and persons [+]
Car Registrations 14796.00 15442.00 19014.50 4089.00 Cars [+]
Internet Speed 23539.08 23633.20 23633.20 4055.36 KBps [+]
IP Addresses 2663340.00 2550734.00 3708569.00 1631719.00 IP [+]
Mining Production -1.60 -4.00 69.00 -28.20 percent [+]
Steel Production 50.00 50.00 97.00 0.00 Thousand Tonnes [+]
Competitiveness Index 5.40 5.44 5.44 5.14 Points [+]
Competitiveness Rank 11.00 11.00 17.00 11.00 [+]
Corruption Index 85.00 87.00 91.00 79.00 Points [+]
Corruption Rank 6.00 5.00 14.00 5.00 [+]
Ease of Doing Business 8.00 6.00 10.00 6.00 [+]
Electricity Production 11358.00 11112.00 16376.00 6653.00 Gigawatt-hour [+]


Norway Industrial Production

In Norway, industrial production measures the output of businesses integrated in industrial sector of the economy. Extraction and related services is the most important sector and accounts for 71 percent of total production. The biggest segments within Extraction and related services are: Extraction of crude petroleum (38 percent of total output) and extraction of natural gas (29 percent). Manufacturing accounts for 23 percent of total production, mainly: Food, beverages and tobacco (5 percent); machinery and equipment (3 percent); refined petroleum, chemicals and pharmaceutical products (2 percent); repair, installation of machinery (2 percent); computer and electrical equipment (2 percent); fabricated metal products (2 percent); and ships, boats and oil platforms (2 percent). Electricity, gas and steam account for 5 percent of total output; and Mining and quarrying account for 1 percent. This page provides - Norway Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Industrial Production - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
12.30 6.70 15.40 -13.10 1991 - 2017 percent Monthly
2005=100, WDA




industrial production by Country
Country Last
Australia 0.70 Jun/17
Brazil 2.60 Sep/17
Canada 4.40 Aug/17
China 6.20 Oct/17
Euro Area 3.30 Sep/17
France 3.20 Sep/17
Germany 3.60 Sep/17
India 3.80 Sep/17
Indonesia -1.40 Jun/17
Italy 2.40 Sep/17
Japan 2.60 Sep/17
Mexico -1.20 Sep/17
Netherlands 1.70 Sep/17
Russia 0.00 Oct/17
South Korea 8.40 Sep/17
Spain 3.40 Sep/17
Switzerland 2.90 Jun/17
Turkey 10.40 Sep/17
United Kingdom 2.50 Sep/17
United States 2.90 Oct/17