Norway's medium and high-tech manufacturing value added (% manufacturing value added) was 40.56% in 2024, the latest year in the World Bank's World Development Indicators. That is up 8.76 percentage points from 31.8% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 40.56% | 2024 |
| Five years earlier | 35.03% | 2019 |
| Ten years earlier | 31.8% | 2014 |
| Highest | 41.63% | 1999 |
| Lowest | 24.09% | 2008 |
| Average since 2015 | 31.74% | 2015–2024 |
| First recorded | 34.47% | 1990 |
What the numbers say
In 2024, Norway's medium and high-tech manufacturing value added (% manufacturing value added) rose 10.21 percentage points on 2023 (from 30.34% to 40.56%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −0.19 percentage points and a typical year strayed about 3.91 percentage points from that (the standard deviation). This year's change was 2.7 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 12.64 percentage points in 2009 and the biggest yearly fall was 10.38 percentage points in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 16% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Norway had the 32nd highest value of the 152 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Norway in the 2024 ranking
What this measures
The proportion of medium and high-tech industry value added in total value added of manufacturing
Limitations: Value added by economic activity should be reported at least at 3-digit ISIC for compiling MHT values. Missing values at country level are imputed based on the methodology from Competitive Industrial Performance Report (UNIDO, 2017. Conversion to USD or difference in ISIC combinations may cause discrepancy between national and international figures. For additional information please see UNIDO (2017): http://stat.unido.org/content/publications/volume-i%252c-competitive-industrial-performance-report-2016
All 35 values
| Year | Medium and high-tech manufacturing value added (% manufacturing value added) |
|---|---|
| 2024 | 40.56 |
| 2023 | 30.34 |
| 2022 | 29.39 |
| 2021 | 30.16 |
| 2020 | 30.81 |
| 2019 | 35.03 |
| 2018 | 30.12 |
| 2017 | 28.94 |
| 2016 | 29.78 |
| 2015 | 32.26 |
Medium and high-tech manufacturing value added (% manufacturing value added) in nearby economies
- Albania — 8.96% (2024)
- Armenia — 6.93% (2024)
- Austria — 47.14% (2024)
- Azerbaijan — 19.73% (2024)
- Belarus — 19.82% (2024)
- Belgium — 50.84% (2024)
- Bosnia and Herzegovina — 21.53% (2024)
- Bulgaria — 33.89% (2024)
More economic policy & debt data for Norway
- Total reserves, including gold (current US$) — US$85.49 billion (2025)
- Total reserves, excluding gold (current US$) — US$85.49 billion (2025)
- GDP (current US$) — US$530.76 billion (2025)
- GDP (current LCU) — 5.52 trillion (2025)
- GDP (constant 2015 US$) — US$470.26 billion (2025)
- GDP (constant LCU) — 4.01 trillion (2025)
- GDP per capita (current US$) — US$94,594 (2025)
- GDP per capita (current LCU) — 983,385 (2025)
- GDP per capita (constant 2015 US$) — US$83,813 (2025)
- GDP per capita (constant LCU) — 715,377 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Norway's medium and high-tech manufacturing value added (% manufacturing value added)?
- 40.56% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 6.09 percentage points from 34.47% in 1990. The highest value was 41.63% in 1999 and the lowest 24.09% in 2008.
- How does Norway rank?
- 32nd highest of 152 economies with data for 2024.
- Is the latest change in medium and high-tech manufacturing value added (% manufacturing value added) unusual for Norway?
- In 2024, Norway's medium and high-tech manufacturing value added (% manufacturing value added) rose 10.21 percentage points on 2023 (from 30.34% to 40.56%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.19 percentage points and a typical year strayed about 3.91 percentage points from that (the standard deviation). This year's change was 2.7 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NV.MNF.TECH.ZS.UN, licensed CC BY 4.0. Original source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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