Norway vs Republic of Korea: Gross Fixed Capital Formation — Annual growth US$
Gross Fixed Capital Formation — Annual growth US$ over time
- Norway
- Republic of Korea
How they compare
Republic of Korea currently reports 1.5 % against 1.16 % in Norway, a difference of 0.34 %.
That makes Republic of Korea's figure about 1.3 times Norway's.
The two have swapped places 21 times across 54 shared years of data; in 1971 it was Norway ahead.
Norway ranks 152nd and Republic of Korea ranks 150th of 203 countries.
Across the 6 decades both report, Norway averaged higher in 1 and Republic of Korea in 5.
Head to head by decade
| Decade | Norway | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.84 % | 30.92 % | 12.08 % | Republic of Korea |
| 1980s | 6.12 % | 14.26 % | 8.14 % | Republic of Korea |
| 1990s | 3.55 % | 8.93 % | 5.37 % | Republic of Korea |
| 2000s | 9.83 % | 7.76 % | 2.07 % | Norway |
| 2010s | 2.51 % | 5.92 % | 3.41 % | Republic of Korea |
| 2020s | 1.29 % | 2.76 % | 1.48 % | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — annual growth us$, Norway or Republic of Korea?
- Republic of Korea, at 1.5 % against 1.16 % in Norway as of 2024.
- What is the difference in gross fixed capital formation — annual growth us$ between Norway and Republic of Korea?
- 0.34 %, with Republic of Korea ahead.
- How many years of comparable data are there for Norway and Republic of Korea?
- 54 years are reported by both, from 1971 to 2024.
- How do Norway and Republic of Korea rank globally for gross fixed capital formation — annual growth us$?
- Norway ranks 152nd and Republic of Korea ranks 150th of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Annual growth US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).