Adjusted savings: consumption of fixed capital in Norway
Norway: Adjusted savings: consumption of fixed capital was 17.1% in 2021. ▬ Flat
Adjusted savings: consumption of fixed capital in Norway, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Norway recorded 17.1% for adjusted savings: consumption of fixed capital in 2021.
Compared with earlier readings it is down 13.5% on the previous year and up 10.3% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Norway peaked at 19.8% in 2020 and was at its lowest, 13.4%, in 2006.
That places Norway 49th out of 204 countries with data for 2021, putting it in the top quarter.
Adjusted savings: consumption of fixed capital in Norway, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 15.7% | — |
| 1971 | 15.2% | -3.4% |
| 1972 | 15.2% | +0.2% |
| 1973 | 14.9% | -2.5% |
| 1974 | 15.6% | +5.1% |
| 1975 | 15.7% | +0.4% |
| 1976 | 16.2% | +3.3% |
| 1977 | 17.0% | +5.2% |
| 1978 | 17.7% | +3.7% |
| 1979 | 17.4% | -1.5% |
| 1980 | 16.4% | -5.8% |
| 1981 | 16.2% | -0.9% |
| 1982 | 16.9% | +4.0% |
| 1983 | 16.9% | +0.3% |
| 1984 | 16.5% | -2.5% |
| 1985 | 16.4% | -0.7% |
| 1986 | 17.7% | +8.1% |
| 1987 | 18.5% | +4.1% |
| 1988 | 19.6% | +5.9% |
| 1989 | 19.4% | -0.9% |
| 1990 | 19.0% | -2.1% |
| 1991 | 18.7% | -1.4% |
| 1992 | 18.6% | -0.7% |
| 1993 | 18.6% | -0.0% |
| 1994 | 18.1% | -2.6% |
| 1995 | 17.6% | -2.5% |
| 1996 | 16.9% | -4.0% |
| 1997 | 16.5% | -2.6% |
| 1998 | 17.2% | +4.6% |
| 1999 | 16.9% | -1.9% |
| 2000 | 15.3% | -9.7% |
| 2001 | 15.3% | +0.1% |
| 2002 | 15.6% | +2.2% |
| 2003 | 15.3% | -2.5% |
| 2004 | 14.6% | -4.4% |
| 2005 | 13.7% | -6.1% |
| 2006 | 13.4% | -1.8% |
| 2007 | 14.1% | +5.2% |
| 2008 | 14.1% | -0.0% |
| 2009 | 16.2% | +14.9% |
| 2010 | 15.8% | -2.7% |
| 2011 | 15.5% | -1.9% |
| 2012 | 15.4% | -0.5% |
| 2013 | 15.6% | +1.3% |
| 2014 | 16.1% | +3.3% |
| 2015 | 17.1% | +6.2% |
| 2016 | 17.6% | +2.7% |
| 2017 | 17.1% | -3.1% |
| 2018 | 16.7% | -2.2% |
| 2019 | 17.7% | +6.2% |
| 2020 | 19.8% | +11.6% |
| 2021 | 17.1% | -13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.1% | 14.9% | 17.7% | 10 |
| 1980s | 17.5% | 16.2% | 19.6% | 10 |
| 1990s | 17.8% | 16.5% | 19.0% | 10 |
| 2000s | 14.8% | 13.4% | 16.2% | 10 |
| 2010s | 16.5% | 15.4% | 17.7% | 10 |
| 2020s | 18.4% | 17.1% | 19.8% | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 6.07 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 4.42 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 418,186 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.71 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4207 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 39,799 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 9.22 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6509 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Norway?
- Adjusted savings: consumption of fixed capital in Norway was 17.1% 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 19.8% in 2020.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Norway?
- The lowest recorded value was 13.4% in 2006.
- How does Norway rank for adjusted savings: consumption of fixed capital?
- Norway ranks 49th out of 204 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 10.3%. The long-run trend across the full record is flat.
- 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 (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.