Norway vs Sub-Saharan Africa (IDA & IBRD countries): Gross fixed capital formation
Gross fixed capital formation over time
- Norway
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Sub-Saharan Africa (IDA & IBRD countries) currently reports 507.97 billion current US$ against 124.08 billion current US$ in Norway, a difference of 383.89 billion current US$.
That makes Sub-Saharan Africa (IDA & IBRD countries)'s figure about 4.1 times Norway's.
Across all 36 years both countries report, Sub-Saharan Africa (IDA & IBRD countries) has been ahead every year.
Norway ranks 31st and Sub-Saharan Africa (IDA & IBRD countries) ranks 29th of 180 countries.
Sub-Saharan Africa (IDA & IBRD countries) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Norway | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 32.05 billion current US$ | 89.53 billion current US$ | 57.47 billion current US$ | Sub-Saharan Africa (IDA & IBRD countries) |
| 2000s | 64.23 billion current US$ | 183.68 billion current US$ | 119.44 billion current US$ | Sub-Saharan Africa (IDA & IBRD countries) |
| 2010s | 110.41 billion current US$ | 403.33 billion current US$ | 292.92 billion current US$ | Sub-Saharan Africa (IDA & IBRD countries) |
| 2020s | 117.64 billion current US$ | 450.72 billion current US$ | 333.08 billion current US$ | Sub-Saharan Africa (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Norway or Sub-Saharan Africa (IDA & IBRD countries)?
- Sub-Saharan Africa (IDA & IBRD countries), at 507.97 billion current US$ against 124.08 billion current US$ in Norway as of 2025.
- What is the difference in gross fixed capital formation between Norway and Sub-Saharan Africa (IDA & IBRD countries)?
- 383.89 billion current US$, with Sub-Saharan Africa (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Norway and Sub-Saharan Africa (IDA & IBRD countries)?
- 36 years are reported by both, from 1990 to 2025.
- How do Norway and Sub-Saharan Africa (IDA & IBRD countries) rank globally for gross fixed capital formation?
- Norway ranks 31st and Sub-Saharan Africa (IDA & IBRD countries) ranks 29th of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.