Gross capital formation (constant LCU), per square kilometre in Norway
Norway: Gross capital formation (constant LCU), per square kilometre was 2.92 million constant LCU per square kilometre in 2023. ▲ Rising
Latest (2023)
2.92 million constant LCU per square kilometre
Change on year
down 4.2%
World rank
69th
of 166 countries
All-time high
3.05 million constant LCU per square kilometre
in 2022
All-time low
1.01 million constant LCU per square kilometre
in 1970
Years of data
54
1970–2023
Gross capital formation (constant LCU), per square kilometre in Norway, 1970–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
The most recent figure for gross capital formation (constant lcu), per square kilometre in Norway is 2.92 million constant LCU per square kilometre, measured in 2023.
Compared with earlier readings it is down 4.2% on the previous year and up 0.9% over ten years.
Over the whole period, gross capital formation (constant lcu), per square kilometre in Norway peaked at 3.05 million constant LCU per square kilometre in 2022 and was at its lowest, 1.01 million constant LCU per square kilometre, in 1970.
That places Norway 69th out of 166 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross capital formation (constant LCU), per square kilometre in Norway, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1970 | 1.01 million constant LCU per square kilometre | — |
| 1971 | 1.12 million constant LCU per square kilometre | +10.7% |
| 1972 | 1.05 million constant LCU per square kilometre | -5.6% |
| 1973 | 1.20 million constant LCU per square kilometre | +13.9% |
| 1974 | 1.31 million constant LCU per square kilometre | +9.3% |
| 1975 | 1.35 million constant LCU per square kilometre | +3.1% |
| 1976 | 1.45 million constant LCU per square kilometre | +7.3% |
| 1977 | 1.46 million constant LCU per square kilometre | +0.6% |
| 1978 | 1.22 million constant LCU per square kilometre | -16.7% |
| 1979 | 1.25 million constant LCU per square kilometre | +2.4% |
| 1980 | 1.33 million constant LCU per square kilometre | +6.6% |
| 1981 | 1.36 million constant LCU per square kilometre | +2.5% |
| 1982 | 1.41 million constant LCU per square kilometre | +3.7% |
| 1983 | 1.34 million constant LCU per square kilometre | -5.4% |
| 1984 | 1.48 million constant LCU per square kilometre | +11.1% |
| 1985 | 1.53 million constant LCU per square kilometre | +2.9% |
| 1986 | 1.77 million constant LCU per square kilometre | +16.1% |
| 1987 | 1.70 million constant LCU per square kilometre | -4.4% |
| 1988 | 1.59 million constant LCU per square kilometre | -6.1% |
| 1989 | 1.48 million constant LCU per square kilometre | -6.9% |
| 1990 | 1.40 million constant LCU per square kilometre | -5.5% |
| 1991 | 1.31 million constant LCU per square kilometre | -6.4% |
| 1992 | 1.30 million constant LCU per square kilometre | -1.0% |
| 1993 | 1.38 million constant LCU per square kilometre | +5.9% |
| 1994 | 1.48 million constant LCU per square kilometre | +7.4% |
| 1995 | 1.60 million constant LCU per square kilometre | +7.8% |
| 1996 | 1.61 million constant LCU per square kilometre | +0.9% |
| 1997 | 1.88 million constant LCU per square kilometre | +16.9% |
| 1998 | 2.12 million constant LCU per square kilometre | +12.8% |
| 1999 | 1.96 million constant LCU per square kilometre | -7.6% |
| 2000 | 1.98 million constant LCU per square kilometre | +1.1% |
| 2001 | 1.88 million constant LCU per square kilometre | -5.4% |
| 2002 | 1.83 million constant LCU per square kilometre | -2.7% |
| 2003 | 1.78 million constant LCU per square kilometre | -2.2% |
| 2004 | 2.09 million constant LCU per square kilometre | +17.0% |
| 2005 | 2.29 million constant LCU per square kilometre | +9.8% |
| 2006 | 2.56 million constant LCU per square kilometre | +11.5% |
| 2007 | 2.86 million constant LCU per square kilometre | +11.9% |
| 2008 | 2.91 million constant LCU per square kilometre | +1.6% |
| 2009 | 2.48 million constant LCU per square kilometre | -14.8% |
| 2010 | 2.54 million constant LCU per square kilometre | +2.5% |
| 2011 | 2.65 million constant LCU per square kilometre | +4.4% |
| 2012 | 2.73 million constant LCU per square kilometre | +3.1% |
| 2013 | 2.90 million constant LCU per square kilometre | +6.1% |
| 2014 | 2.84 million constant LCU per square kilometre | -2.0% |
| 2015 | 2.73 million constant LCU per square kilometre | -4.0% |
| 2016 | 2.76 million constant LCU per square kilometre | +1.2% |
| 2017 | 2.84 million constant LCU per square kilometre | +2.9% |
| 2018 | 2.91 million constant LCU per square kilometre | +2.5% |
| 2019 | 3.05 million constant LCU per square kilometre | +4.8% |
| 2020 | 2.87 million constant LCU per square kilometre | -6.0% |
| 2021 | 2.78 million constant LCU per square kilometre | -2.9% |
| 2022 | 3.05 million constant LCU per square kilometre | +9.7% |
| 2023 | 2.92 million constant LCU per square kilometre | -4.2% |
Norway compared with similar countries
- Norway's 2.92 million constant LCU per square kilometre is above the median for high income countries, which is 1.60 million constant LCU per square kilometre, 1.8× the median. (58 countries reporting)
- Norway's 2.92 million constant LCU per square kilometre is above the median for Europe & Central Asia, which is 1.31 million constant LCU per square kilometre, 2.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.24 million constant LCU per square kilometre | 1.01 million constant LCU per square kilometre | 1.46 million constant LCU per square kilometre | 10 |
| 1980s | 1.50 million constant LCU per square kilometre | 1.33 million constant LCU per square kilometre | 1.77 million constant LCU per square kilometre | 10 |
| 1990s | 1.60 million constant LCU per square kilometre | 1.30 million constant LCU per square kilometre | 2.12 million constant LCU per square kilometre | 10 |
| 2000s | 2.27 million constant LCU per square kilometre | 1.78 million constant LCU per square kilometre | 2.91 million constant LCU per square kilometre | 10 |
| 2010s | 2.79 million constant LCU per square kilometre | 2.54 million constant LCU per square kilometre | 3.05 million constant LCU per square kilometre | 10 |
| 2020s | 2.91 million constant LCU per square kilometre | 2.78 million constant LCU per square kilometre | 3.05 million constant LCU per square kilometre | 4 |
Countries ranked near Norway
- 66 Sweden 3.23 million constant LCU per square kilometre compare
- 67 Kenya 3.10 million constant LCU per square kilometre compare
- 68 Mexico 3.08 million constant LCU per square kilometre compare
- 70 Vanuatu 2.92 million constant LCU per square kilometre compare
- 71 Mali 2.78 million constant LCU per square kilometre compare
- 72 Kazakhstan 2.72 million constant LCU per square kilometre 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (constant lcu), per square kilometre in Norway?
- Gross capital formation (constant lcu), per square kilometre in Norway was 2.92 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in Norway?
- The highest recorded value was 3.05 million constant LCU per square kilometre in 2022.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Norway?
- The lowest recorded value was 1.01 million constant LCU per square kilometre in 1970.
- How does Norway rank for gross capital formation (constant lcu), per square kilometre?
- Norway ranks 69th out of 166 countries with data for 2023.
- Is gross capital formation (constant lcu), per square kilometre rising or falling in Norway?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.