Manufacturing production Norway dropped 2.4 percent year-on-year in April 2023, the largest fall since October 2020 and following a 0.3 percent decrease in the previous month. source: Statistics Norway

Manufacturing Production in Norway averaged 0.92 percent from 1991 until 2023, reaching an all time high of 8.90 percent in May of 2007 and a record low of -10.40 percent in April of 2009. This page provides - Norway Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Manufacturing Production in Norway is expected to be -3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Manufacturing Production is projected to trend around 1.70 percent in 2024 and 2.00 percent in 2025, according to our econometric models.

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Norway Manufacturing Production

Calendar GMT Actual Previous Consensus TEForecast
2023-05-05 06:00 AM Mar -0.3% 1.5% -0.6%
2023-06-07 06:00 AM Apr -2.4% -0.3% 0.1%
2023-07-07 06:00 AM May -2.4%

Related Last Previous Unit Reference
Business Confidence -0.40 -3.30 points Mar 2023
Industrial Production Mom 0.80 2.30 percent Apr 2023
Industrial Production -4.70 -5.40 percent Apr 2023
Manufacturing Production -2.40 -0.30 percent Apr 2023
Capacity Utilization 79.20 80.10 percent Mar 2023
New Orders 146.10 97.80 points Dec 2017
Changes in Inventories 34999.00 15435.00 NOK Million Mar 2023
Bankruptcies 276.00 509.00 Companies and Individuals Apr 2023
Car Registrations 12805.00 11841.00 Units May 2023
Mining Production 0.20 3.40 percent Apr 2023
Leading Economic Index 0.50 -0.20 percent Mar 2023

Norway Manufacturing Production
In Norway, manufacturing accounts for 27 percent of total production, mainly: food, beverages and tobacco (5 percent); refined petroleum, chemicals and pharmaceutical products (4 percent); machinery and equipment (3 percent); fabricated metal products (2 percent); ships, boats and oil platforms (2 percent); computer and electrical equipment (2 percent); repair, installation of machinery (2 percent); rubber, plastic and mineral products (2 percent); and basic metals (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -0.30 8.90 -10.40 1991 - 2023 percent Monthly
2005=100, WDA