Gross capital formation (constant LCU), annual growth rate in Norway

Norway: Gross capital formation (constant LCU), annual growth rate was -2.84 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-2.84 % change on previous year
Change on year
down 8.7%
World rank
135th
of 169 countries
All-time high
17.04 % change on previous year
in 2004
All-time low
-16.69 % change on previous year
in 1978
Years of data
55
1971–2025

Gross capital formation (constant LCU), annual growth rate in Norway, 1971–2025

-20-1001020197119982025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, gross capital formation (constant lcu), annual growth rate in Norway stood at -2.84 % change on previous year.

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 (constant lcu), annual growth rate in Norway peaked at 17.04 % change on previous year in 2004 and was at its lowest, -16.69 % change on previous year, in 1978.

That places Norway 135th out of 169 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross capital formation (constant LCU), annual growth rate in Norway, year by year

Annual values for Gross capital formation (constant LCU), annual growth rate in Norway, 1971 to 2025.
Year % change on previous year Change
1971 10.71 % change on previous year
1972 -5.63 % change on previous year -152.6%
1973 13.86 % change on previous year -346.1%
1974 9.3 % change on previous year -32.9%
1975 3.13 % change on previous year -66.3%
1976 7.26 % change on previous year +131.7%
1977 0.589 % change on previous year -91.9%
1978 -16.69 % change on previous year -2933.7%
1979 2.37 % change on previous year -114.2%
1980 6.6 % change on previous year +178.1%
1981 2.53 % change on previous year -61.7%
1982 3.74 % change on previous year +47.6%
1983 -5.37 % change on previous year -243.7%
1984 11.13 % change on previous year -307.3%
1985 2.92 % change on previous year -73.8%
1986 16.13 % change on previous year +453.2%
1987 -4.36 % change on previous year -127.0%
1988 -6.08 % change on previous year +39.5%
1989 -6.87 % change on previous year +12.9%
1990 -5.46 % change on previous year -20.5%
1991 -6.42 % change on previous year +17.5%
1992 -0.9654 % change on previous year -85.0%
1993 5.91 % change on previous year -711.8%
1994 7.41 % change on previous year +25.4%
1995 7.84 % change on previous year +5.8%
1996 0.9328 % change on previous year -88.1%
1997 16.89 % change on previous year +1710.7%
1998 12.78 % change on previous year -24.4%
1999 -7.59 % change on previous year -159.4%
2000 1.11 % change on previous year -114.6%
2001 -5.44 % change on previous year -590.3%
2002 -2.69 % change on previous year -50.6%
2003 -2.23 % change on previous year -17.1%
2004 17.04 % change on previous year -864.8%
2005 9.8 % change on previous year -42.5%
2006 11.47 % change on previous year +17.1%
2007 11.95 % change on previous year +4.1%
2008 1.57 % change on previous year -86.9%
2009 -14.85 % change on previous year -1046.3%
2010 2.48 % change on previous year -116.7%
2011 4.4 % change on previous year +77.3%
2012 3.15 % change on previous year -28.5%
2013 6.08 % change on previous year +93.0%
2014 -2.01 % change on previous year -133.2%
2015 -3.98 % change on previous year +97.6%
2016 1.2 % change on previous year -130.0%
2017 2.93 % change on previous year +144.8%
2018 2.52 % change on previous year -14.0%
2019 4.76 % change on previous year +89.1%
2020 -6.23 % change on previous year -230.9%
2021 -2.93 % change on previous year -52.9%
2022 9.67 % change on previous year -429.5%
2023 -4.19 % change on previous year -143.3%
2024 -2.61 % change on previous year -37.6%
2025 -2.84 % change on previous year +8.7%

Norway compared with similar countries

  • Norway's -2.84 % change on previous year is below the median for high income countries, which is 2.93 % change on previous year. (58 countries reporting)
  • Norway's -2.84 % change on previous year is below the median for Europe & Central Asia, which is 4.76 % change on previous year. (49 countries reporting)

Biggest year-on-year movements

Years where Gross capital formation (constant LCU), annual growth rate in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1978 -2933.7% 0.589 % change on previous year -16.69 % change on previous year
1997 +1710.7% 0.9328 % change on previous year 16.89 % change on previous year
2009 -1046.3% 1.57 % change on previous year -14.85 % change on previous year
2004 +864.8% -2.23 % change on previous year 17.04 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.77 % change on previous year -16.69 % change on previous year 13.86 % change on previous year 9
1980s 2.04 % change on previous year -6.87 % change on previous year 16.13 % change on previous year 10
1990s 3.13 % change on previous year -7.59 % change on previous year 16.89 % change on previous year 10
2000s 2.77 % change on previous year -14.85 % change on previous year 17.04 % change on previous year 10
2010s 2.15 % change on previous year -3.98 % change on previous year 6.08 % change on previous year 10
2020s -1.52 % change on previous year -6.23 % change on previous year 9.67 % change on previous year 6

Countries ranked near Norway

  1. 132 South Korea -1.73 % change on previous year compare
  2. 133 Niger -2.16 % change on previous year compare
  3. 134 Bangladesh -2.45 % change on previous year compare
  4. 136 Mauritius -3.08 % change on previous year compare
  5. 137 Venezuela -3.39 % change on previous year compare
  6. 138 Denmark -3.41 % change on previous year compare

See the full ranking of 169 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is gross capital formation (constant lcu), annual growth rate in Norway?
Gross capital formation (constant lcu), annual growth rate in Norway was -2.84 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), annual growth rate recorded in Norway?
The highest recorded value was 17.04 % change on previous year in 2004.
What is the lowest gross capital formation (constant lcu), annual growth rate recorded in Norway?
The lowest recorded value was -16.69 % change on previous year in 1978.
How does Norway rank for gross capital formation (constant lcu), annual growth rate?
Norway ranks 135th out of 169 countries with data for 2025.
Is gross capital formation (constant lcu), annual growth rate 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 Statizoid (derived), published as part of Gross capital formation (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), annual growth rate in Norway. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-annual-growth-rate/norway/

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How this figure is calculated

The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross capital formation (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
169 places, 6,879 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.