Norway: ICT sector production value 2013-2020

The production value of the total information and communication industry in Norway saw no significant changes in 2020 in comparison to the previous year 2019 and remained at around 24330 million euros. With a decline of 348.6 million euros (-1.41 percent), there is no significant change to 2019.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Annual production value of the information and communication technology (ICT) sector in Norway from 2013 to 2020 (in million euros)

Characteristic	Annual production value in million euros
2020	24,330
2019	24,678.6
2018b	23,493
2017	22,200.3
2015	22,160.5
2014	22,725.3
2013	23,185

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Release date

March 2023

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Region

Norway

Survey time period

2013 to 2020

Supplementary notes

b: Break in time series.
The source adds the following information: 'Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.'
Data coverage corresponds to code ICT of NACE Rev 2.

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