Gross capital formation in Norway
Norway: Gross capital formation was -2.8% in 2025. ◆ Volatile
Gross capital formation in Norway, 1971–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2025, gross capital formation in Norway stood at -2.8%.
Compared with earlier readings it is down 8.7% on the previous year and up 28.7% over ten years.
Over the whole period, gross capital formation in Norway peaked at 17.0% in 2004 and was at its lowest, -16.7%, in 1978.
Norway ranks 133rd of 168 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Norway, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 10.7% | — |
| 1972 | -5.6% | -152.6% |
| 1973 | 13.9% | -346.1% |
| 1974 | 9.3% | -32.9% |
| 1975 | 3.1% | -66.3% |
| 1976 | 7.3% | +131.6% |
| 1977 | 0.6% | -91.9% |
| 1978 | -16.7% | -2933.2% |
| 1979 | 2.4% | -114.2% |
| 1980 | 6.6% | +178.1% |
| 1981 | 2.5% | -61.7% |
| 1982 | 3.7% | +47.7% |
| 1983 | -5.4% | -243.7% |
| 1984 | 11.1% | -307.3% |
| 1985 | 2.9% | -73.8% |
| 1986 | 16.1% | +453.2% |
| 1987 | -4.4% | -127.0% |
| 1988 | -6.1% | +39.5% |
| 1989 | -6.9% | +12.9% |
| 1990 | -5.5% | -20.5% |
| 1991 | -6.4% | +17.5% |
| 1992 | -1.0% | -85.0% |
| 1993 | 5.9% | -711.7% |
| 1994 | 7.4% | +25.4% |
| 1995 | 7.8% | +5.8% |
| 1996 | 0.9% | -88.1% |
| 1997 | 16.9% | +1710.6% |
| 1998 | 12.8% | -24.4% |
| 1999 | -7.6% | -159.4% |
| 2000 | 1.1% | -114.6% |
| 2001 | -5.4% | -590.3% |
| 2002 | -2.7% | -50.6% |
| 2003 | -2.2% | -17.1% |
| 2004 | 17.0% | -864.8% |
| 2005 | 9.8% | -42.5% |
| 2006 | 11.5% | +17.1% |
| 2007 | 11.9% | +4.1% |
| 2008 | 1.6% | -86.9% |
| 2009 | -14.8% | -1046.4% |
| 2010 | 2.5% | -116.7% |
| 2011 | 4.4% | +77.3% |
| 2012 | 3.1% | -28.5% |
| 2013 | 6.1% | +93.0% |
| 2014 | -2.0% | -133.1% |
| 2015 | -4.0% | +97.6% |
| 2016 | 1.2% | -130.0% |
| 2017 | 2.9% | +144.9% |
| 2018 | 2.5% | -14.0% |
| 2019 | 4.8% | +89.1% |
| 2020 | -6.2% | -230.9% |
| 2021 | -2.9% | -52.9% |
| 2022 | 9.7% | -429.5% |
| 2023 | -4.2% | -143.3% |
| 2024 | -2.6% | -37.6% |
| 2025 | -2.8% | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.8% | -16.7% | 13.9% | 9 |
| 1980s | 2.0% | -6.9% | 16.1% | 10 |
| 1990s | 3.1% | -7.6% | 16.9% | 10 |
| 2000s | 2.8% | -14.8% | 17.0% | 10 |
| 2010s | 2.2% | -4.0% | 6.1% | 10 |
| 2020s | -1.5% | -6.2% | 9.7% | 6 |
Countries ranked near Norway
- 130 Republic of Korea -1.7% compare
- 131 Niger -2.2% compare
- 132 Bangladesh -2.5% compare
- 134 Mauritius -3.1% compare
- 135 Venezuela, Bolivarian Republic of -3.4% compare
- 136 Denmark -3.4% compare
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.92 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9115 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 86,220 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.47 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 9.48 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 896,328 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.02 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7957 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Norway?
- Gross capital formation in Norway was -2.8% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Norway?
- The highest recorded value was 17.0% in 2004.
- What is the lowest gross capital formation recorded in Norway?
- The lowest recorded value was -16.7% in 1978.
- How does Norway rank for gross capital formation?
- Norway ranks 133rd out of 168 countries with data for 2025.
- Is gross capital formation rising or falling in Norway?
- Over the last ten years it is up 28.7%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.