Gross capital formation (current US$), per square kilometre in Norway

Norway: Gross capital formation (current US$), per square kilometre was 325,481 current US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
325,481 current US$ per square kilometre
Change on year
down 8.5%
World rank
59th
of 184 countries
All-time high
387,270 current US$ per square kilometre
in 2013
All-time low
11,576 current US$ per square kilometre
in 1970
Years of data
54
1970–2023

Gross capital formation (current US$), per square kilometre in Norway, 1970–2023

0100.0k200.0k300.0k400.0k197019962023

Source: Statizoid (derived). Measured in current US$ per square kilometre.

Analysis

In 2023, gross capital formation (current us$), per square kilometre in Norway stood at 325,481 current US$ per square kilometre.

That represents a change of down 8.5% on the previous year and down 16.0% over ten years.

Over the whole period, gross capital formation (current us$), per square kilometre in Norway peaked at 387,270 current US$ per square kilometre in 2013 and was at its lowest, 11,576 current US$ per square kilometre, in 1970.

Norway ranks 59th of 184 countries on this measure, 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 (current US$), per square kilometre in Norway, year by year

Annual values for Gross capital formation (current US$), per square kilometre in Norway, 1970 to 2023.
Year current US$ per square kilometre Change
1970 11,576 current US$ per square kilometre
1971 13,659 current US$ per square kilometre +18.0%
1972 14,827 current US$ per square kilometre +8.6%
1973 20,503 current US$ per square kilometre +38.3%
1974 27,143 current US$ per square kilometre +32.4%
1975 33,626 current US$ per square kilometre +23.9%
1976 38,157 current US$ per square kilometre +13.5%
1977 43,155 current US$ per square kilometre +13.1%
1978 38,180 current US$ per square kilometre -11.5%
1979 41,697 current US$ per square kilometre +9.2%
1980 50,026 current US$ per square kilometre +20.0%
1981 48,544 current US$ per square kilometre -3.0%
1982 49,464 current US$ per square kilometre +1.9%
1983 44,603 current US$ per square kilometre -9.8%
1984 46,894 current US$ per square kilometre +5.1%
1985 49,443 current US$ per square kilometre +5.4%
1986 71,126 current US$ per square kilometre +43.9%
1987 81,664 current US$ per square kilometre +14.8%
1988 85,144 current US$ per square kilometre +4.3%
1989 77,439 current US$ per square kilometre -9.0%
1990 80,866 current US$ per square kilometre +4.4%
1991 73,452 current US$ per square kilometre -9.2%
1992 76,085 current US$ per square kilometre +3.6%
1993 71,730 current US$ per square kilometre -5.7%
1994 78,716 current US$ per square kilometre +9.7%
1995 98,170 current US$ per square kilometre +24.7%
1996 99,304 current US$ per square kilometre +1.2%
1997 107,057 current US$ per square kilometre +7.8%
1998 115,192 current US$ per square kilometre +7.6%
1999 105,226 current US$ per square kilometre -8.7%
2000 98,690 current US$ per square kilometre -6.2%
2001 94,214 current US$ per square kilometre -4.5%
2002 103,735 current US$ per square kilometre +10.1%
2003 116,099 current US$ per square kilometre +11.9%
2004 149,474 current US$ per square kilometre +28.7%
2005 182,012 current US$ per square kilometre +21.8%
2006 218,359 current US$ per square kilometre +20.0%
2007 289,762 current US$ per square kilometre +32.7%
2008 323,923 current US$ per square kilometre +11.8%
2009 253,592 current US$ per square kilometre -21.7%
2010 289,308 current US$ per square kilometre +14.1%
2011 343,507 current US$ per square kilometre +18.7%
2012 357,742 current US$ per square kilometre +4.1%
2013 387,270 current US$ per square kilometre +8.3%
2014 367,056 current US$ per square kilometre -5.2%
2015 280,612 current US$ per square kilometre -23.6%
2016 274,646 current US$ per square kilometre -2.1%
2017 296,045 current US$ per square kilometre +7.8%
2018 323,217 current US$ per square kilometre +9.2%
2019 324,379 current US$ per square kilometre +0.4%
2020 304,539 current US$ per square kilometre -6.1%
2021 335,240 current US$ per square kilometre +10.1%
2022 355,835 current US$ per square kilometre +6.1%
2023 325,481 current US$ per square kilometre -8.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 28,252 current US$ per square kilometre 11,576 current US$ per square kilometre 43,155 current US$ per square kilometre 10
1980s 60,435 current US$ per square kilometre 44,603 current US$ per square kilometre 85,144 current US$ per square kilometre 10
1990s 90,580 current US$ per square kilometre 71,730 current US$ per square kilometre 115,192 current US$ per square kilometre 10
2000s 182,986 current US$ per square kilometre 94,214 current US$ per square kilometre 323,923 current US$ per square kilometre 10
2010s 324,378 current US$ per square kilometre 274,646 current US$ per square kilometre 387,270 current US$ per square kilometre 10
2020s 330,274 current US$ per square kilometre 304,539 current US$ per square kilometre 355,835 current US$ per square kilometre 4

Countries ranked near Norway

  1. 56 El Salvador 348,249 current US$ per square kilometre compare
  2. 57 Philippines 343,086 current US$ per square kilometre compare
  3. 58 Sri Lanka 329,922 current US$ per square kilometre compare
  4. 60 Greece 304,734 current US$ per square kilometre compare
  5. 61 Lithuania 290,719 current US$ per square kilometre compare
  6. 62 Marshall Islands 282,761 current US$ per square kilometre compare

See the full ranking of 227 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is gross capital formation (current us$), per square kilometre in Norway?
Gross capital formation (current us$), per square kilometre in Norway was 325,481 current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (current us$), per square kilometre recorded in Norway?
The highest recorded value was 387,270 current US$ per square kilometre in 2013.
What is the lowest gross capital formation (current us$), per square kilometre recorded in Norway?
The lowest recorded value was 11,576 current US$ per square kilometre in 1970.
How does Norway rank for gross capital formation (current us$), per square kilometre?
Norway ranks 59th out of 184 countries with data for 2023.
Is gross capital formation (current us$), per square kilometre rising or falling in Norway?
Over the last ten years it is down 16.0%. 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 square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (current US$), per square kilometre in Norway. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-current-us-per-square-kilometre/norway/

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How this figure is calculated

Gross capital formation (current US$) 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 (current US$) ÷ Land area (sq. km)

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 (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 10,293 data points, 1961–2023
Last refreshed

Gross capital formation (current US$) 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.