Adjusted savings: consumption of fixed capital in Norway
Norway: Adjusted savings: consumption of fixed capital was 86.14 billion current US$ in 2021. ◆ Volatile
Latest (2021)
86.14 billion current US$
Change on year
up 15.6%
World rank
27th
of 206 countries
All-time high
86.14 billion current US$
in 2021
All-time low
2.00 billion current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: consumption of fixed capital in Norway, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: consumption of fixed capital in Norway is 86.14 billion current US$, measured in 2021. That is the highest value across all 52 years on record.
That represents a change of up 15.6% on the previous year and up 10.4% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Norway peaked at 86.14 billion current US$ in 2021 and was at its lowest, 2.00 billion current US$, in 1970.
That places Norway 27th out of 206 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: consumption of fixed capital in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.00 billion current US$ | — |
| 1971 | 2.20 billion current US$ | +10.2% |
| 1972 | 2.62 billion current US$ | +19.0% |
| 1973 | 3.32 billion current US$ | +26.5% |
| 1974 | 4.19 billion current US$ | +26.3% |
| 1975 | 5.09 billion current US$ | +21.5% |
| 1976 | 5.72 billion current US$ | +12.4% |
| 1977 | 6.91 billion current US$ | +20.7% |
| 1978 | 7.97 billion current US$ | +15.4% |
| 1979 | 8.92 billion current US$ | +11.9% |
| 1980 | 10.25 billion current US$ | +14.8% |
| 1981 | 10.02 billion current US$ | -2.2% |
| 1982 | 10.25 billion current US$ | +2.3% |
| 1983 | 10.14 billion current US$ | -1.1% |
| 1984 | 9.99 billion current US$ | -1.5% |
| 1985 | 10.55 billion current US$ | +5.6% |
| 1986 | 13.75 billion current US$ | +30.3% |
| 1987 | 17.17 billion current US$ | +24.9% |
| 1988 | 19.47 billion current US$ | +13.4% |
| 1989 | 19.38 billion current US$ | -0.4% |
| 1990 | 22.11 billion current US$ | +14.1% |
| 1991 | 22.09 billion current US$ | -0.1% |
| 1992 | 23.81 billion current US$ | +7.7% |
| 1993 | 21.89 billion current US$ | -8.0% |
| 1994 | 22.63 billion current US$ | +3.4% |
| 1995 | 26.49 billion current US$ | +17.1% |
| 1996 | 27.39 billion current US$ | +3.4% |
| 1997 | 26.34 billion current US$ | -3.8% |
| 1998 | 26.29 billion current US$ | -0.2% |
| 1999 | 27.23 billion current US$ | +3.6% |
| 2000 | 25.82 billion current US$ | -5.2% |
| 2001 | 26.64 billion current US$ | +3.2% |
| 2002 | 30.68 billion current US$ | +15.2% |
| 2003 | 35.11 billion current US$ | +14.5% |
| 2004 | 38.64 billion current US$ | +10.0% |
| 2005 | 42.74 billion current US$ | +10.6% |
| 2006 | 46.50 billion current US$ | +8.8% |
| 2007 | 56.54 billion current US$ | +21.6% |
| 2008 | 65.07 billion current US$ | +15.1% |
| 2009 | 63.08 billion current US$ | -3.1% |
| 2010 | 68.50 billion current US$ | +8.6% |
| 2011 | 78.03 billion current US$ | +13.9% |
| 2012 | 79.26 billion current US$ | +1.6% |
| 2013 | 82.55 billion current US$ | +4.1% |
| 2014 | 82.98 billion current US$ | +0.5% |
| 2015 | 68.90 billion current US$ | -17.0% |
| 2016 | 67.77 billion current US$ | -1.6% |
| 2017 | 70.46 billion current US$ | +4.0% |
| 2018 | 75.65 billion current US$ | +7.4% |
| 2019 | 73.95 billion current US$ | -2.2% |
| 2020 | 74.50 billion current US$ | +0.7% |
| 2021 | 86.14 billion current US$ | +15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.90 billion current US$ | 2.00 billion current US$ | 8.92 billion current US$ | 10 |
| 1980s | 13.10 billion current US$ | 9.99 billion current US$ | 19.47 billion current US$ | 10 |
| 1990s | 24.63 billion current US$ | 21.89 billion current US$ | 27.39 billion current US$ | 10 |
| 2000s | 43.08 billion current US$ | 25.82 billion current US$ | 65.07 billion current US$ | 10 |
| 2010s | 74.80 billion current US$ | 67.77 billion current US$ | 82.98 billion current US$ | 10 |
| 2020s | 80.32 billion current US$ | 74.50 billion current US$ | 86.14 billion current US$ | 2 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- GDP (current US$), annual growth rate 5.96 % change on previous year (2025)
- GDP (current US$), per capita 94,594 current US$ per person (2025)
- GDP (current LCU), annual growth rate 2.51 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 10.4 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 983,386 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.886 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 83,813 constant 2015 US$ per person (2025)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Norway?
- Adjusted savings: consumption of fixed capital in Norway was 86.14 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Norway?
- The highest recorded value was 86.14 billion current US$ in 2021.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Norway?
- The lowest recorded value was 2.00 billion current US$ in 1970.
- How does Norway rank for adjusted savings: consumption of fixed capital?
- Norway ranks 27th out of 206 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in Norway?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. 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.