Norway vs Republic of Korea: Gross Fixed Capital Formation — Value US$, annual growth rate
Norway
1.16 % change on previous year
in 2024
Republic of Korea
1.5 % change on previous year
in 2024
Norway rank
172nd
Republic of Korea rank
170th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Norway
- Republic of Korea
How they compare
Republic of Korea currently reports 1.5 % change on previous year against 1.16 % change on previous year in Norway, a difference of 0.34 % change on previous year.
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 172nd and Republic of Korea ranks 170th of 235 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 % change on previous year | 30.92 % change on previous year | 12.08 % change on previous year | Republic of Korea |
| 1980s | 6.12 % change on previous year | 14.26 % change on previous year | 8.14 % change on previous year | Republic of Korea |
| 1990s | 3.55 % change on previous year | 8.93 % change on previous year | 5.37 % change on previous year | Republic of Korea |
| 2000s | 9.83 % change on previous year | 7.76 % change on previous year | 2.07 % change on previous year | Norway |
| 2010s | 2.51 % change on previous year | 5.92 % change on previous year | 3.41 % change on previous year | Republic of Korea |
| 2020s | 1.29 % change on previous year | 2.76 % change on previous year | 1.48 % change on previous year | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, annual growth rate, Norway or Republic of Korea?
- Republic of Korea, at 1.5 % change on previous year against 1.16 % change on previous year in Norway as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Norway and Republic of Korea?
- 0.34 % change on previous year, 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 — value us$, annual growth rate?
- Norway ranks 172nd and Republic of Korea ranks 170th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.