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Weak growth for wholesale and retail trade continues
statistikk
2015-04-17T10:00:00.000Z
Wholesale and retail trade and service activities
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stvareh, Wholesale and retail trade, structural statistics, retail trade, commodity trade, wholesale trade, agency business, enterprises, establishments, employees, turnover, wage costs, gross investments, industry breakdown, motor vehicles, motorbikesWholesale and retail trade , Wholesale and retail trade and service activities
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Structural statistics on wholesale and retail trade are part of the industry statistics and provide detailed information about the activity in the sector on the basis of accounting figures.

Wholesale and retail trade, structural statistics, 2013

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Weak growth for wholesale and retail trade continues

For the second consecutive year, wholesale and retail trade experienced weaker growth in turnover than the year before. Total turnover amounted to nearly NOK 1 455 billion in 2013; 1.2 per cent more than in 2012.

Structural statistics for wholesale and retail trade, industry division 45-47. Final figuresPublished 17 April 2015
2013Change in per cent
2012 - 20132009 - 2013
Enterprises
Number of enterpriser50 574-0.8-4.1
Employment (persons)366 8090.2-0.6
Turnover (NOK million)1 428 845.02.315.3
Value added (NOK million)198 206.82.410.4
Gross operating surplus (NOK million)53 261.9-0.94.0
 
Local kind-of-activity units
Local KAUs65 718-0.1-2.0
Employment (persons)369 2700.20.0
Turnover (NOK million)1 455 260.71.214.5
Compensation of employees (NOK million)146 943.83.614.3
Gross investments (NOK million)10 824.211.742.5

Source: Statistics Norway

Looking at developments in wholesale and retail trade over the last decade, the trend has been a steady growth since 2003. The years 2007 and 2008 stand out in that turnover was above trend, while the financial crisis led to a decline in turnover in 2009. During the last four years, however, the sector again experienced a relatively steady growth, but was still somewhat weaker in 2013 than in the three preceding years. Development in turnover during the last decade is illustrated in Figure 1.

Decline in Oslo

In 2013, Akershus was once again the county with the strongest growth in turnover from the previous year. Compared with 2012, turnover increased by 9.6 per cent in 2013. On the other side of the scale we find Oslo, which experienced a decrease in turnover of 4.6 per cent. These two counties account for 42 per cent of all wholesale and retail trade in Norway. This is illustrated in the pie chart in Figure 2, while Figure 3 shows the growth in turnover for the various counties from 2012 to 2013.

Increased gross investments in trade and repair of motor vehicles

While turnover within trade and repair of motor vehicles rose by 2.2 per cent from 2012 to 2013, gross investments increased by as much as 27.1 per cent. By comparison, gross investments increased by 8 per cent in 2012. At the same time, compensation of employees rose by 4.5 per cent from 2012 to 2013, while employment increased by 1.5 per cent.

Retail trade

Gross investments within retail trade increased by 12.4 per cent from 2012 to 2013. This is a significantly stronger increase than the previous year, when growth was 0.7 per cent. While retail overall ended with an increase in turnover of 2.2 per cent, retail sales of ICT equipment in specialised stores experienced a decline in turnover of 6.4 per cent.

Only small changes in wholesale trade

While compensation of employees rose by 3.0 per cent and gross investments by 5.3 per cent, turnover, employment and the number of enterprises remained virtually unchanged in the wholesale trade from 2012 to 2013. The strongest growth was within wholesale of food, beverages and tobacco, which experienced a growth in turnover of 8.2 per cent.

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