Manufacturing Production in Norway increased 1 percent in November of 2019 over the same month in the previous year. Manufacturing Production in Norway averaged 1.04 percent from 1991 until 2019, 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. source: Statistics Norway

Manufacturing Production in Norway is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Norway to stand at 1.90 in 12 months time. In the long-term, the Norway Manufacturing Production is projected to trend around 3.00 percent in 2020, according to our econometric models.

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Norway Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.90 8.90 -10.40 1991 - 2019 percent Monthly
2005=100, WDA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-07 06:00 AM Aug 1.7% 3.8% 2.9%
2019-11-07 07:00 AM Sep 2.9% 1.7% 2.4%
2019-12-06 07:00 AM Oct 1.9% 2.9% 2.2%
2020-01-08 07:00 AM Nov 1.0% 1.9% 1.5%
2020-02-07 07:00 AM Dec 1.0% 1.5%
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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).

Norway Business Last Previous Highest Lowest Unit
Business Confidence 0.70 2.30 20.10 -22.90 points [+]
Manufacturing PMI 55.50 53.80 61.70 37.10 points [+]
Industrial Production -0.90 -5.70 15.40 -13.10 percent [+]
Industrial Production Mom 3.70 3.10 12.30 -9.30 percent [+]
Manufacturing Production 1.00 1.90 8.90 -10.40 percent [+]
Capacity Utilization 79.40 79.30 85.50 76.20 percent [+]
Changes in Inventories 24330.00 27789.00 58517.00 -1493.00 NOK Million [+]
Bankruptcies 438.00 490.00 595.00 43.00 Companies and Individuals [+]
Car Registrations 12013.00 11402.00 19014.50 4089.00 [+]
Internet Speed 23539.08 23633.20 23633.20 4055.36 KBps [+]
IP Addresses 2663340.00 2550734.00 3708569.00 1631719.00 IP [+]
Leading Economic Index 0.30 0.40 1.10 -0.50 percent [+]
Mining Production 4.50 -2.90 69.00 -28.20 percent [+]
Steel Production 52.59 62.71 97.00 0.00 Thousand Tonnes [+]
Crude Oil Rigs 17.00 18.00 25.00 6.00 [+]
Competitiveness Index 78.05 78.16 78.94 5.14 Points [+]
Competitiveness Rank 17.00 16.00 17.00 11.00 [+]
Corruption Index 84.00 84.00 91.00 79.00 Points [+]
Corruption Rank 7.00 7.00 14.00 3.00 [+]
Ease of Doing Business 9.00 7.00 10.00 6.00 [+]
Electricity Production 11526.00 10949.00 16376.00 6653.00 Gigawatt-hour [+]