New Zealand vs Norway: Gross capital formation
New Zealand
23.1%
in 2024
Norway
23.2%
in 2025
New Zealand rank
96th
Norway rank
93rd
Gross capital formation over time
- New Zealand
- Norway
How they compare
Norway currently reports 23.2% against 23.1% in New Zealand, a difference of 0.1%.
The two have swapped places 8 times across 55 shared years of data; in 1970 it was Norway ahead.
New Zealand ranks 96th and Norway ranks 93rd of 187 countries.
Across the 6 decades both report, New Zealand averaged higher in 2 and Norway in 4.
Head to head by decade
| Decade | New Zealand | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 26.1% | 34.2% | 8.1% | Norway |
| 1980s | 24.8% | 29.0% | 4.2% | Norway |
| 1990s | 21.4% | 23.5% | 2.0% | Norway |
| 2000s | 23.4% | 21.8% | 1.6% | New Zealand |
| 2010s | 22.6% | 25.7% | 3.1% | Norway |
| 2020s | 24.4% | 24.1% | 0.3% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, New Zealand or Norway?
- Norway, at 23.2% against 23.1% in New Zealand as of 2025.
- What is the difference in gross capital formation between New Zealand and Norway?
- 0.1%, with Norway ahead.
- How many years of comparable data are there for New Zealand and Norway?
- 55 years are reported by both, from 1970 to 2024.
- How do New Zealand and Norway rank globally for gross capital formation?
- New Zealand ranks 96th 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.
Individual pages
About this data
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.