Gross Fixed Capital Formation — Annual growth US$ in Norway
Norway: Gross Fixed Capital Formation — Annual growth US$ was 1.16 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth US$ in Norway, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for gross fixed capital formation — annual growth us$ in Norway is 1.16 %, measured in 2024.
The figure is up 137.4% on the previous year and up 133.2% over ten years.
Over the whole period, gross fixed capital formation — annual growth us$ in Norway peaked at 35.23 % in 1973 and was at its lowest, -22.7 %, in 2015.
Norway ranks 152nd of 203 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 Fixed Capital Formation — Annual growth US$ in Norway, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 24.31 % | — |
| 1972 | 12.37 % | -49.1% |
| 1973 | 35.23 % | +184.8% |
| 1974 | 27.4 % | -22.2% |
| 1975 | 32.4 % | +18.3% |
| 1976 | 16.65 % | -48.6% |
| 1977 | 15.89 % | -4.6% |
| 1978 | -4.3 % | -127.0% |
| 1979 | 9.56 % | -322.5% |
| 1980 | 10.97 % | +14.8% |
| 1981 | -0.3348 % | -103.1% |
| 1982 | -0.9273 % | +177.0% |
| 1983 | 0.3274 % | -135.3% |
| 1984 | -4.1 % | -1352.8% |
| 1985 | -0.4758 % | -88.4% |
| 1986 | 33.39 % | -7116.0% |
| 1987 | 21.05 % | -37.0% |
| 1988 | 10.2 % | -51.5% |
| 1989 | -8.87 % | -186.9% |
| 1990 | -0.7347 % | -91.7% |
| 1991 | -3.1 % | +321.5% |
| 1992 | 3.05 % | -198.6% |
| 1993 | -5.97 % | -295.5% |
| 1994 | 7.04 % | -217.8% |
| 1995 | 18.56 % | +163.7% |
| 1996 | 9.48 % | -48.9% |
| 1997 | 6.49 % | -31.5% |
| 1998 | 7.56 % | +16.5% |
| 1999 | -6.83 % | -190.3% |
| 2000 | -10.86 % | +58.9% |
| 2001 | 0.0819 % | -100.8% |
| 2002 | 11.81 % | +14324.5% |
| 2003 | 13.78 % | +16.7% |
| 2004 | 20.23 % | +46.8% |
| 2005 | 21.08 % | +4.2% |
| 2006 | 15.05 % | -28.6% |
| 2007 | 30.68 % | +103.8% |
| 2008 | 10.53 % | -65.7% |
| 2009 | -14.07 % | -233.6% |
| 2010 | -0.9576 % | -93.2% |
| 2011 | 20.49 % | -2240.2% |
| 2012 | 6.68 % | -67.4% |
| 2013 | 7.75 % | +16.0% |
| 2014 | -3.49 % | -145.0% |
| 2015 | -22.7 % | +550.9% |
| 2016 | 1.09 % | -104.8% |
| 2017 | 5.26 % | +381.1% |
| 2018 | 6.85 % | +30.1% |
| 2019 | 4.09 % | -40.2% |
| 2020 | -7.35 % | -279.5% |
| 2021 | 14.51 % | -297.5% |
| 2022 | 1.21 % | -91.6% |
| 2023 | -3.1 % | -355.0% |
| 2024 | 1.16 % | -137.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.84 % | -4.3 % | 35.23 % | 9 |
| 1980s | 6.12 % | -8.87 % | 33.39 % | 10 |
| 1990s | 3.55 % | -6.83 % | 18.56 % | 10 |
| 2000s | 9.83 % | -14.07 % | 30.68 % | 10 |
| 2010s | 2.51 % | -22.7 % | 20.49 % | 10 |
| 2020s | 1.29 % | -7.35 % | 14.51 % | 5 |
Countries ranked near Norway
- 149 Switzerland 1.59 % compare
- 150 Republic of Korea 1.5 % compare
- 151 Yemen Ar Rp 1.47 % compare
- 153 Lithuania 1.06 % compare
- 154 Samoa 1.02 % compare
- 155 Equatorial Guinea 0.814 % 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)
- GNI, Atlas method (current US$), annual growth rate -2.04 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 97,312 current US$ per person (2025)
- GNI (current US$), annual growth rate 6.43 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.04 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 97,980 current US$ per person (2025)
- GNI (current LCU), annual growth rate 2.97 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 10.77 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — annual growth us$ in Norway?
- Gross fixed capital formation — annual growth us$ in Norway was 1.16 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth us$ recorded in Norway?
- The highest recorded value was 35.23 % in 1973.
- What is the lowest gross fixed capital formation — annual growth us$ recorded in Norway?
- The lowest recorded value was -22.7 % in 2015.
- How does Norway rank for gross fixed capital formation — annual growth us$?
- Norway ranks 152nd out of 203 countries with data for 2024.
- Is gross fixed capital formation — annual growth us$ rising or falling in Norway?
- Over the last ten years it is up 133.2%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth US$. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).