Norway vs Philippines: Gross Fixed Capital Formation — Value US$, 2015 prices

Norway
109,493 million USD
in 2024
Philippines
107,661 million USD
in 2024
Norway rank
26th
Philippines rank
27th

Gross Fixed Capital Formation — Value US$, 2015 prices over time

  • Norway
  • Philippines
025.0k50.0k75.0k100.0k197019972024

How they compare

Norway currently reports 109,493 million USD against 107,661 million USD in Philippines, a difference of 1,832 million USD.

The two have swapped places 2 times across 55 shared years of data; in 1970 it was Norway ahead.

Norway ranks 26th and Philippines ranks 27th of 203 countries.

Norway has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Norway Philippines Difference Ahead
1970s 38,028 million USD 10,957 million USD 27,071 million USD Norway
1980s 46,169 million USD 16,942 million USD 29,227 million USD Norway
1990s 48,627 million USD 22,318 million USD 26,309 million USD Norway
2000s 71,436 million USD 30,774 million USD 40,662 million USD Norway
2010s 94,043 million USD 70,620 million USD 23,423 million USD Norway
2020s 108,844 million USD 93,094 million USD 15,750 million USD Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, 2015 prices, Norway or Philippines?
Norway, at 109,493 million USD against 107,661 million USD in Philippines as of 2024.
What is the difference in gross fixed capital formation — value us$, 2015 prices between Norway and Philippines?
1,832 million USD, with Norway ahead.
How many years of comparable data are there for Norway and Philippines?
55 years are reported by both, from 1970 to 2024.
How do Norway and Philippines rank globally for gross fixed capital formation — value us$, 2015 prices?
Norway ranks 26th and Philippines ranks 27th of 203 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Philippines: Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices/norway/philippines/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).