This is an archived release.
Continuous increase in manufacturing
Norwegian manufacturing amounted to more than NOK 560 billion in 2005, a 4.4 per cent rise compared to 2005. Turnover within capital goods and energy goods had the strongest growth from 2004 to 2005.
Turnover within Norwegian oil and gas extraction sector amounted to almost NOK 495 billion in 2005, a 16.1 per cent growth compared to 2004. The main explanation is the high average price on crude oil in 2005. According to external trade figures the average price per barrel rose from NOK 256 in 2004 to NOK 352 in 2005.
Increase within intermediate goods in 2005
The turnover within capital goods had the highest growth in 2005, and increased by 12.8 per cent compared to 2004. Considerable growth in output and capacity utilization in 2005 is the main reason.
Intermediate goods holds a steady level throughout 2005, and increased by 2.9 per cent compared to the previous year. Consumer goods experienced a decline, and went down by 5.6 per cent.
A growth in fourth quarter
The seasonally adjusted figures show growth within all the main industrial groupings in the fourth quarter compared to the third quarter. Intermediate goods had the strongest growth and went up by 3.8 per cent. Consumer goods have increased its figures in the fourth quarter as well as in the third, after losing turnover the first half of 2005. Intermediate goods continue to rise, this time by 2.1 per cent.
|Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. December 2005|
|Original series1January-December 2005||Changes in per cent January-December 2004-January-December 2005||Original series1December 2005||Changes in per cent December 2004-December 2005||Changes in per cent. Seasonally adjusted. July-September 2005-October-December 2005|
|The overall turnover||1 183 545||9.6||106 523||12.3||4.3|
|Oil and gas extraction||493 128||16.1||40 812||15.0||6.0|
|Manufacturing||561 725||4.4||50 404||8.6||3.3|
|Electricity, Gas and Steam Supply||118 455||10.4||14 450||17.9||-1.7|
|Main industrial groupings|
|Intermediate goods||210 684||2.9||17 325||10.6||3.8|
|Capital goods||138 905||12.8||14 753||14.0||2.1|
|Consumer goods||171 622||-5.6||14 321||-4.8||3.3|
|Energy goods||662 339||16.1||60 125||17.4||3.6|
When the figures for January 2006 is published, march 7t h, turnover will be divided into domestic- and export market. This will result in some changes in our tables .
Find detailed figures from Turnover in oil and gas, manufacturing, mining and electricity supply