Gross capital formation (current US$), per capita (capita US) in Norway
Norway: Gross capital formation (current US$), per capita (capita US) was 21,958 current US$ per person in 2025. ◆ Volatile
Gross capital formation (current US$), per capita in Norway, 1970–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Norway recorded 21,958 current US$ per person for gross capital formation (current us$), per capita in 2025.
Compared with earlier readings it is up 3.2% on the previous year and up 11.2% over ten years.
Over the whole period, gross capital formation (current us$), per capita in Norway peaked at 27,837 current US$ per person in 2013 and was at its lowest, 1,091 current US$ per person, in 1970.
Norway ranks 7th of 187 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), per capita (capita US) in Norway, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1970 | 1,091 current US$ per person | — |
| 1971 | 1,278 current US$ per person | +17.2% |
| 1972 | 1,377 current US$ per person | +7.7% |
| 1973 | 1,891 current US$ per person | +37.3% |
| 1974 | 2,488 current US$ per person | +31.6% |
| 1975 | 3,065 current US$ per person | +23.2% |
| 1976 | 3,462 current US$ per person | +12.9% |
| 1977 | 3,898 current US$ per person | +12.6% |
| 1978 | 3,436 current US$ per person | -11.9% |
| 1979 | 3,740 current US$ per person | +8.8% |
| 1980 | 4,472 current US$ per person | +19.6% |
| 1981 | 4,325 current US$ per person | -3.3% |
| 1982 | 4,391 current US$ per person | +1.5% |
| 1983 | 3,946 current US$ per person | -10.1% |
| 1984 | 4,137 current US$ per person | +4.8% |
| 1985 | 4,349 current US$ per person | +5.1% |
| 1986 | 6,234 current US$ per person | +43.3% |
| 1987 | 7,124 current US$ per person | +14.3% |
| 1988 | 7,388 current US$ per person | +3.7% |
| 1989 | 6,691 current US$ per person | -9.4% |
| 1990 | 6,964 current US$ per person | +4.1% |
| 1991 | 6,295 current US$ per person | -9.6% |
| 1992 | 6,483 current US$ per person | +3.0% |
| 1993 | 6,076 current US$ per person | -6.3% |
| 1994 | 6,630 current US$ per person | +9.1% |
| 1995 | 8,225 current US$ per person | +24.1% |
| 1996 | 8,278 current US$ per person | +0.6% |
| 1997 | 8,876 current US$ per person | +7.2% |
| 1998 | 9,494 current US$ per person | +7.0% |
| 1999 | 8,614 current US$ per person | -9.3% |
| 2000 | 8,026 current US$ per person | -6.8% |
| 2001 | 7,624 current US$ per person | -5.0% |
| 2002 | 8,349 current US$ per person | +9.5% |
| 2003 | 9,289 current US$ per person | +11.3% |
| 2004 | 11,889 current US$ per person | +28.0% |
| 2005 | 14,379 current US$ per person | +20.9% |
| 2006 | 17,112 current US$ per person | +19.0% |
| 2007 | 22,474 current US$ per person | +31.3% |
| 2008 | 24,812 current US$ per person | +10.4% |
| 2009 | 19,182 current US$ per person | -22.7% |
| 2010 | 21,612 current US$ per person | +12.7% |
| 2011 | 25,330 current US$ per person | +17.2% |
| 2012 | 26,036 current US$ per person | +2.8% |
| 2013 | 27,837 current US$ per person | +6.9% |
| 2014 | 26,087 current US$ per person | -6.3% |
| 2015 | 19,750 current US$ per person | -24.3% |
| 2016 | 19,159 current US$ per person | -3.0% |
| 2017 | 20,484 current US$ per person | +6.9% |
| 2018 | 22,216 current US$ per person | +8.5% |
| 2019 | 22,145 current US$ per person | -0.3% |
| 2020 | 20,623 current US$ per person | -6.9% |
| 2021 | 22,580 current US$ per person | +9.5% |
| 2022 | 23,752 current US$ per person | +5.2% |
| 2023 | 21,480 current US$ per person | -9.6% |
| 2024 | 21,273 current US$ per person | -1.0% |
| 2025 | 21,958 current US$ per person | +3.2% |
Norway compared with similar countries
- Norway's 21,958 current US$ per person is above the median for high income countries, which is 9,355 current US$ per person, 2.3× the median. (67 countries reporting)
- Norway's 21,958 current US$ per person is above the median for Europe & Central Asia, which is 6,110 current US$ per person, 3.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,572 current US$ per person | 1,091 current US$ per person | 3,898 current US$ per person | 10 |
| 1980s | 5,306 current US$ per person | 3,946 current US$ per person | 7,388 current US$ per person | 10 |
| 1990s | 7,594 current US$ per person | 6,076 current US$ per person | 9,494 current US$ per person | 10 |
| 2000s | 14,314 current US$ per person | 7,624 current US$ per person | 24,812 current US$ per person | 10 |
| 2010s | 23,066 current US$ per person | 19,159 current US$ per person | 27,837 current US$ per person | 10 |
| 2020s | 21,944 current US$ per person | 20,623 current US$ per person | 23,752 current US$ per person | 6 |
Countries ranked near Norway
- 4 Iceland 26,128 current US$ per person compare
- 5 Luxembourg 22,827 current US$ per person compare
- 6 Singapore 22,220 current US$ per person compare
- 8 Greenland 21,057 current US$ per person compare
- 9 Faroe Islands 20,895 current US$ per person compare
- 10 United States 18,554 current US$ per person 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)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,340 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4463 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 978.78 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.99 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0071 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (current us$), per capita in Norway?
- Gross capital formation (current us$), per capita in Norway was 21,958 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per capita recorded in Norway?
- The highest recorded value was 27,837 current US$ per person in 2013.
- What is the lowest gross capital formation (current us$), per capita recorded in Norway?
- The lowest recorded value was 1,091 current US$ per person in 1970.
- How does Norway rank for gross capital formation (current us$), per capita?
- Norway ranks 7th out of 187 countries with data for 2025.
- Is gross capital formation (current us$), per capita rising or falling in Norway?
- Over the last ten years it is up 11.2%. 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 (current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current US$) ÷ Population, total
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.