Norway construction production value

The turnover of the construction industry in Norway increased by 7 billion euros (+10.43 percent) since the previous year. Therefore, the turnover in Norway reached a peak in 2022 with 73.9 billion euros.
For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.

Annual production value of the construction industry in Norway from 2014 to 2022 (in million euros)

Characteristic	Annual production value in million euros
2022p	73,882.22
2021	66,903.16
2020	58,542.6
2019	63,632.7
2018b	62,491.1
2017	59,866.8
2016	56,128.5
2015	53,941.1
2014	54,619.8

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Release date

March 2024

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Region

Norway

Survey time period

2014 to 2022

Supplementary notes

b: Break in time series.
p: Provisional value.
* 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 CE Rev 2.

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