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243597
Increase in turnover abroad
statistikk
2016-02-19T10:00:00.000Z
External economy;Establishments, enterprises and accounts
en
ufats, Norwegian subsidiaries abroad, industry breakdown (e.g. manufacturing, building and construction, transport...), turnover, employment, breakdown by country.Establishments and enterprises , Foreign assets and liabilities , Establishments, enterprises and accounts, External economy
false
Norwegian businesses abroad

Norwegian subsidiaries abroad, 2014

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Increase in turnover abroad

Norwegian enterprises controlled 4 500 enterprises abroad at the end of 2014. These enterprises had a total turnover of NOK 1 217 billion and employed 290 000 persons. Compared to 2013, total turnover increased by 6,4 per cent, while persons employed remained approximately unchanged.

Norwegian-controlled enterprises abroadPublished 19 February 2016
2014
EnterprisesTurnover (NOK million)Employed persons
All countries4 4681 217 013290 143
Europe3 168694 226171 938
Africa10757 2744 315
Asia623169 50660 934
North and Central America372214 39730 882
South America13368 09218 697
Oceania6513 5183 377

Source: Statistics Norway

Europe is the most important continent for Norwegian-controlled enterprises abroad, with 50 per cent of both turnover and employment as shown in figure 1. North and Central America and Asia are the next most important continents.

Manufacturing the most important industry

Figures 2 and 3 illustrate the distribution of turnover and employment respectively. The tables show that manufacturing is the most important industry, with over 40 per cent of the total in both turnover and employment. Mining and quarrying (incl. the oil industry) is the second most important industry measured in turnover, followed by the wholesale and retail trade industry, with 19 and 12 per cent respectively. Measured in employment, information and communication and transportation and storage are the next most important industries for Norwegian-controlled enterprises abroad, with 15 and 9 per cent respectively.

Greatest increase for Brazil in the manufacturing industry

Figures 4 and 5 show the development in turnover and employment in the manufacturing industry for selected countries. Of the selected countries, Brazil has the highest growth in turnover, with NOK 20 billion in 2013 to NOK 35 billion in 2014, surpassing Great Britain in total turnover. Brazil is also the country with the highest growth in employed persons, and overtook Germany to become the third largest employer. The increase in Brazil is due to a rise in the number of reported enterprises, and a higher reported turnover and number of persons employed in 2014 than 2013 in established enterprises. Figure 4 shows Denmark as the country with the highest turnover in 2014, but which nevertheless had a decrease compared to 2013. Figure 5 shows the USA and Sweden as the countries with the most employed persons.