Norway Industrial Production  Forecast


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Industrial Production in Norway is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Norway to stand at 0.85 in 12 months time. In the long-term, the Norway Industrial Production is projected to trend around 2.50 percent in 2020, according to our econometric models.


Norway Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 2.3 3.21 3.09 3.03 3.05 2.71
Manufacturing PMI 54.5 54.23 53.95 53.83 53.71 53.25
Industrial Production 12.3 2 1.52 1.11 0.85 2.5
Industrial Production Mom -0.5 -0.1 0.06 0.07 0.07 0.8
Manufacturing Production 1.2 1.8 0.73 0.76 0.78 2.7
Capacity Utilization 77.9 77.87 78.08 78.5 78.92 80.9
New Orders 97.8 106 107 106 106 101
Changes in Inventories 31604 37754 36523 34840 33245 27940
Bankruptcies 366 334 328 326 323 302
Car Registrations 14796 15094 14904 14718 14539 13243
Internet Speed 23539 24188 24015 23998 23729 21127
IP Addresses 2663340 2749156 2759859 2766211 2772369 2808307
Mining Production -1.6 2 1.89 1.85 1.83 1.82
Steel Production 50 49.32 50.61 52 52.97 54.87
Competitiveness Index 5.4 5.42 5.42 5.42 5.42 5.37
Competitiveness Rank 11 12 12 12 12 12
Corruption Index 85 87 87 87 87 87
Corruption Rank 6 8 8 8 8 9
Ease of Doing Business 8 8 8 8 8 7
Electricity Production 11358 11833 11709 11311 11348 11499