Gross capital formation in Norway
Norway: Gross capital formation was 1.28 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
1.28 trillion current LCU
Change on year
up 0.6%
World rank
64th
of 187 countries
All-time high
1.28 trillion current LCU
in 2025
All-time low
30.20 billion current LCU
in 1970
Years of data
56
1970–2025
Gross capital formation in Norway, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross capital formation in Norway stood at 1.28 trillion current LCU. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 0.6% on the previous year and up 55.0% over ten years.
Over the whole period, gross capital formation in Norway peaked at 1.28 trillion current LCU in 2025 and was at its lowest, 30.20 billion current LCU, in 1970.
That places Norway 64th out of 187 countries with data for 2025, putting it in the middle of the range.
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 | current LCU | Change |
|---|---|---|
| 1970 | 30.20 billion current LCU | — |
| 1971 | 35.20 billion current LCU | +16.6% |
| 1972 | 35.68 billion current LCU | +1.4% |
| 1973 | 43.18 billion current LCU | +21.0% |
| 1974 | 54.92 billion current LCU | +27.2% |
| 1975 | 64.19 billion current LCU | +16.9% |
| 1976 | 76.05 billion current LCU | +18.5% |
| 1977 | 83.91 billion current LCU | +10.3% |
| 1978 | 73.10 billion current LCU | -12.9% |
| 1979 | 77.12 billion current LCU | +5.5% |
| 1980 | 90.25 billion current LCU | +17.0% |
| 1981 | 101.76 billion current LCU | +12.8% |
| 1982 | 116.60 billion current LCU | +14.6% |
| 1983 | 118.86 billion current LCU | +1.9% |
| 1984 | 139.79 billion current LCU | +17.6% |
| 1985 | 155.25 billion current LCU | +11.1% |
| 1986 | 192.10 billion current LCU | +23.7% |
| 1987 | 200.96 billion current LCU | +4.6% |
| 1988 | 202.67 billion current LCU | +0.8% |
| 1989 | 195.29 billion current LCU | -3.6% |
| 1990 | 184.89 billion current LCU | -5.3% |
| 1991 | 173.92 billion current LCU | -5.9% |
| 1992 | 172.70 billion current LCU | -0.7% |
| 1993 | 185.86 billion current LCU | +7.6% |
| 1994 | 202.91 billion current LCU | +9.2% |
| 1995 | 227.16 billion current LCU | +11.9% |
| 1996 | 233.94 billion current LCU | +3.0% |
| 1997 | 276.58 billion current LCU | +18.2% |
| 1998 | 317.45 billion current LCU | +14.8% |
| 1999 | 299.75 billion current LCU | -5.6% |
| 2000 | 317.27 billion current LCU | +5.8% |
| 2001 | 309.42 billion current LCU | -2.5% |
| 2002 | 302.50 billion current LCU | -2.2% |
| 2003 | 300.23 billion current LCU | -0.7% |
| 2004 | 368.01 billion current LCU | +22.6% |
| 2005 | 428.29 billion current LCU | +16.4% |
| 2006 | 511.49 billion current LCU | +19.4% |
| 2007 | 620.37 billion current LCU | +21.3% |
| 2008 | 667.27 billion current LCU | +7.6% |
| 2009 | 582.44 billion current LCU | -12.7% |
| 2010 | 638.67 billion current LCU | +9.7% |
| 2011 | 703.18 billion current LCU | +10.1% |
| 2012 | 760.13 billion current LCU | +8.1% |
| 2013 | 830.73 billion current LCU | +9.3% |
| 2014 | 844.52 billion current LCU | +1.7% |
| 2015 | 826.39 billion current LCU | -2.1% |
| 2016 | 842.40 billion current LCU | +1.9% |
| 2017 | 894.11 billion current LCU | +6.1% |
| 2018 | 959.71 billion current LCU | +7.3% |
| 2019 | 1.04 trillion current LCU | +8.6% |
| 2020 | 1.04 trillion current LCU | +0.2% |
| 2021 | 1.05 trillion current LCU | +0.4% |
| 2022 | 1.25 trillion current LCU | +18.8% |
| 2023 | 1.25 trillion current LCU | +0.5% |
| 2024 | 1.27 trillion current LCU | +1.7% |
| 2025 | 1.28 trillion current LCU | +0.6% |
Norway compared with similar countries
- Norway's 1.28 trillion current LCU is above the median for high income countries, which is 146.46 billion current LCU, 8.7× the median. (67 countries reporting)
- Norway's 1.28 trillion current LCU is above the median for Europe & Central Asia, which is 155.88 billion current LCU, 8.2× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57.36 billion current LCU | 30.20 billion current LCU | 83.91 billion current LCU | 10 |
| 1980s | 151.35 billion current LCU | 90.25 billion current LCU | 202.67 billion current LCU | 10 |
| 1990s | 227.51 billion current LCU | 172.70 billion current LCU | 317.45 billion current LCU | 10 |
| 2000s | 440.73 billion current LCU | 300.23 billion current LCU | 667.27 billion current LCU | 10 |
| 2010s | 834.20 billion current LCU | 638.67 billion current LCU | 1.04 trillion current LCU | 10 |
| 2020s | 1.19 trillion current LCU | 1.04 trillion current LCU | 1.28 trillion current LCU | 6 |
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)
- 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 in Norway?
- Gross capital formation in Norway was 1.28 trillion current LCU 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 1.28 trillion current LCU in 2025.
- What is the lowest gross capital formation recorded in Norway?
- The lowest recorded value was 30.20 billion current LCU in 1970.
- How does Norway rank for gross capital formation?
- Norway ranks 64th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Norway?
- Over the last ten years it is up 55.0%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.