Norway - Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Norway was 47,542,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 50,626,000,000 in 2014 and a minimum value of 18,915,000,000 in 1970.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 18,915,000,000
1971 19,908,000,000
1972 19,892,000,000
1973 19,138,000,000
1974 21,053,000,000
1975 21,346,000,000
1976 21,672,000,000
1977 21,178,000,000
1978 20,992,000,000
1979 19,600,000,000
1980 21,207,000,000
1981 22,861,000,000
1982 22,613,000,000
1983 21,897,000,000
1984 24,200,000,000
1985 21,943,000,000
1986 20,414,000,000
1987 21,376,000,000
1988 21,572,000,000
1989 22,379,000,000
1990 23,448,000,000
1991 25,853,000,000
1992 24,510,000,000
1993 28,161,000,000
1994 28,955,000,000
1995 30,901,000,000
1996 30,781,000,000
1997 30,355,000,000
1998 30,907,000,000
1999 30,908,000,000
2000 30,111,000,000
2001 29,380,000,000
2002 31,924,000,000
2003 31,337,000,000
2004 34,889,000,000
2005 35,675,000,000
2006 37,029,000,000
2007 39,670,000,000
2008 41,366,000,000
2009 41,957,000,000
2010 45,301,000,000
2011 47,019,000,000
2012 49,374,000,000
2013 47,367,000,000
2014 50,626,000,000
2015 47,836,000,000
2016 44,957,000,000
2017 46,850,000,000
2018 46,436,000,000
2019 46,975,000,000
2020 47,542,000,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts