Eritrea vs Norway: Gross Fixed Capital Formation — Value Standard Local Currency, annual

Eritrea
2.85 % change on previous year
in 2024
Norway
2.91 % change on previous year
in 2024
Eritrea rank
175th
Norway rank
173rd

Gross Fixed Capital Formation — Value Standard Local Currency, annual over time

  • Eritrea
  • Norway
-50050100150197119972024

How they compare

Norway currently reports 2.91 % change on previous year against 2.85 % change on previous year in Eritrea, a difference of 0.06 % change on previous year.

The two have swapped places 17 times across 34 shared years of data; in 1991 it was Eritrea ahead.

Eritrea ranks 175th and Norway ranks 173rd of 230 countries.

Across the 4 decades both report, Eritrea averaged higher in 2 and Norway in 2.

Head to head by decade

Decade Eritrea Norway Difference Ahead
1990s 34.27 % change on previous year 6.52 % change on previous year 27.75 % change on previous year Eritrea
2000s 4.55 % change on previous year 6.93 % change on previous year 2.38 % change on previous year Norway
2010s 3.17 % change on previous year 5.56 % change on previous year 2.39 % change on previous year Norway
2020s 14.01 % change on previous year 5.25 % change on previous year 8.76 % change on previous year Eritrea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, annual, Eritrea or Norway?
Norway, at 2.91 % change on previous year against 2.85 % change on previous year in Eritrea as of 2024.
What is the difference in gross fixed capital formation — value standard local currency, annual between Eritrea and Norway?
0.06 % change on previous year, with Norway ahead.
How many years of comparable data are there for Eritrea and Norway?
34 years are reported by both, from 1991 to 2024.
How do Eritrea and Norway rank globally for gross fixed capital formation — value standard local currency, annual?
Eritrea ranks 175th and Norway ranks 173rd of 230 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Eritrea vs Norway: Gross Fixed Capital Formation — Value Standard Local Currency, annual. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/eritrea/norway/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.