Norway vs Southern Africa: Gross Fixed Capital Formation — Value US$
Gross Fixed Capital Formation — Value US$ over time
- Norway
- Southern Africa
How they compare
Norway currently reports 114,611 million USD against 68,622 million USD in Southern Africa, a difference of 45,989 million USD.
That makes Norway's figure about 1.7 times Southern Africa's.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Southern Africa ahead.
Norway ranks 29th and Southern Africa ranks 27th of 203 countries.
Across the 6 decades both report, Norway averaged higher in 5 and Southern Africa in 1.
Head to head by decade
| Decade | Norway | Southern Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9,967 million USD | 10,072 million USD | 104.6 million USD | Southern Africa |
| 1980s | 21,349 million USD | 20,782 million USD | 567.09 million USD | Norway |
| 1990s | 31,970 million USD | 26,729 million USD | 5,241 million USD | Norway |
| 2000s | 62,566 million USD | 46,423 million USD | 16,143 million USD | Norway |
| 2010s | 104,942 million USD | 76,601 million USD | 28,341 million USD | Norway |
| 2020s | 112,246 million USD | 63,630 million USD | 48,616 million USD | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, Norway or Southern Africa?
- Norway, at 114,611 million USD against 68,622 million USD in Southern Africa as of 2024.
- What is the difference in gross fixed capital formation — value us$ between Norway and Southern Africa?
- 45,989 million USD, with Norway ahead.
- How many years of comparable data are there for Norway and Southern Africa?
- 55 years are reported by both, from 1970 to 2024.
- How do Norway and Southern Africa rank globally for gross fixed capital formation — value us$?
- Norway ranks 29th and Southern Africa ranks 27th of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$. 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).