Foreign Multinationals in Norway
The in-depth Report
AmCham proudly presents Foreign Multinationals in Norway, an in-depth analysis of the economic impact and contributions of foreign-owned enterprises in Norway, available in both English and Norwegian. The report was jointly commissioned by AmCham Norway and Abelia, and was authored by Steinar Leknessund (Perceptor) and Espen Kvalheim (Nard). It was made possible by AIG, Pfizer, and other AmCham and Abelia member companies.
Key Facts & Figures
Share of Private Sector Employment (2017)
Despite constituting only 1.4% of all entities in Norway, multinational companies are responsible for approximately 20% of private sector employment (2017).
Share of Private Sector Revenue (2018)
Just as with employment, foreign multinationals also make an outsized contribution in regard to revenue generation.
Top Ten Sources of FDI (2018)
Country
Share of FDI
Number of Enterprises
Share of Employment
Share of Revenue
Sweden
21.1%
2 274
24.6%
19.0%
Netherlands
10.1%
294
3.6%
5.9%
Luxembourg
9.5%
115
1.3%
0.7%
USA
8.3%*
656
13.8%
17.9%
UK
7.3%
701
10.6%
7.8%
Finland
4.5%
301
3.5%
5.7%
Denmark
4.2%
980
9.7%
7.0%
France
3.7%
237
5.3%
6.1%
Switzerland
2.6%
115
1.3%
0.7%
*The recently released SSB article “USA investerer stort i Norge via andre land” notes US entities were behind 20% of all FDI into Norway in 2018, if one takes into account instances were US companies routed investments through other countries.
NOK 1.988 million
Per employee value creation in foreign-owned enterprises
NOK 1.527 million
Per employee value creation in domestic-owned enterprises
Tax As Percentage of Total Paid (Industry)
