Canada vs Norway: Gross capital formation

Canada
23.2%
in 2025
Norway
23.2%
in 2025
Canada rank
95th
Norway rank
93rd

Gross capital formation over time

  • Canada
  • Norway
010203040196119932025

How they compare

Norway currently reports 23.2% against 23.2% in Canada, a difference of 0.0%.

The two have swapped places 4 times across 56 shared years of data; in 1970 it was Norway ahead.

Canada ranks 95th and Norway ranks 93rd of 187 countries.

Across the 6 decades both report, Canada averaged higher in 1 and Norway in 5.

Head to head by decade

Decade Canada Norway Difference Ahead
1970s 24.1% 34.2% 10.1% Norway
1980s 22.3% 29.0% 6.8% Norway
1990s 19.8% 23.5% 3.6% Norway
2000s 21.8% 21.8% 0.0% Canada
2010s 23.9% 25.7% 1.8% Norway
2020s 23.7% 24.0% 0.3% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Canada or Norway?
Norway, at 23.2% against 23.2% in Canada as of 2025.
What is the difference in gross capital formation between Canada and Norway?
0.0%, with Norway ahead.
How many years of comparable data are there for Canada and Norway?
56 years are reported by both, from 1970 to 2025.
How do Canada and Norway rank globally for gross capital formation?
Canada ranks 95th and Norway ranks 93rd of 187 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Norway: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 08 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-percent-of-gdp/canada/norway/

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About this data

Indicator
Gross capital formation (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 10,938 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.