Key Market Indicators
Norwegian manufacturing output is projected to climb to approximately €115 billion by 2028, up from €109 billion in 2023. This marks an average annual growth rate of 0.8%. Since 1980, Norway's manufacturing supply has experienced an average annual increase of 4.9%. In 2023, the country ranked 19th globally, having been overtaken by Denmark, which posted an output of €109 billion. In the broader European context, Italy, France, and Spain secured the second, third, and fourth spots, respectively, in the manufacturing output rankings.
