The manufacturing output in Norway is forecasted to grow steadily. It stood at 1.1253 trillion Norwegian Krones in 2023. Forecasted values are 1.1637 trillion in 2024, increasing to 1.2976 trillion by 2028. This represents a 28% growth over five years, with a CAGR of approximately 5% annually.
Year-on-year percentage changes indicate a consistent upward trend:
- 2024: 3.41%- 2025: 2.91%- 2026: 2.81%- 2027: 2.71%- 2028: 2.61%
Future trends to watch include technological advancements, shifts in global trade policies, and sustainability practices, all of which could impact Norway’s manufacturing sector.
