Norway construction production value

The annual production value of the construction industry in Norway from 2010 to 2018 varied over time. In 2016, the construction industry had a production value of approximately 56 billion euros. As of 2018, the annual production value reached approximately 62.2 billion euros. In that same year, the Norwegian construction industry reached a turnover amounting to approximately 62.5 billion euros.

Annual production value of the construction industry in Norway from 2010 to 2018 (in million euros)

Characteristic	Annual production value in million euros
2018**	62,224.4
2017	59,516.5
2016	55,968.6
2015	53,776.1
2014	54,114.1
2013	55,014
2012	54,639.5
2011	45,757.7
2010*	38,784.3

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Release date

March 2021

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Region

Norway

Survey time period

2010 to 2018

Supplementary notes

* Revised.
**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 F of NACE Rev 2.

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