Gross fixed capital formation (current LCU), per square kilometre in Norway
Norway: Gross fixed capital formation (current LCU), per square kilometre was 3.29 million current LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
3.29 million current LCU per square kilometre
Change on year
up 4.0%
World rank
83rd
of 177 countries
All-time high
3.29 million current LCU per square kilometre
in 2023
All-time low
70,271 current LCU per square kilometre
in 1970
Years of data
54
1970–2023
Gross fixed capital formation (current LCU), per square kilometre in Norway, 1970–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Norway recorded 3.29 million current LCU per square kilometre for gross fixed capital formation (current lcu), per square kilometre in 2023. That is the highest value across all 54 years on record.
The figure is up 4.0% on the previous year and up 59.3% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per square kilometre in Norway peaked at 3.29 million current LCU per square kilometre in 2023 and was at its lowest, 70,271 current LCU per square kilometre, in 1970.
Norway ranks 83rd of 177 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 (current LCU), per square kilometre in Norway, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1970 | 70,271 current LCU per square kilometre | — |
| 1971 | 86,268 current LCU per square kilometre | +22.8% |
| 1972 | 90,531 current LCU per square kilometre | +4.9% |
| 1973 | 107,137 current LCU per square kilometre | +18.3% |
| 1974 | 131,121 current LCU per square kilometre | +22.4% |
| 1975 | 163,764 current LCU per square kilometre | +24.9% |
| 1976 | 199,420 current LCU per square kilometre | +21.8% |
| 1977 | 225,474 current LCU per square kilometre | +13.1% |
| 1978 | 212,507 current LCU per square kilometre | -5.8% |
| 1979 | 224,913 current LCU per square kilometre | +5.8% |
| 1980 | 243,429 current LCU per square kilometre | +8.2% |
| 1981 | 281,948 current LCU per square kilometre | +15.8% |
| 1982 | 314,261 current LCU per square kilometre | +11.5% |
| 1983 | 356,293 current LCU per square kilometre | +13.4% |
| 1984 | 382,172 current LCU per square kilometre | +7.3% |
| 1985 | 400,647 current LCU per square kilometre | +4.8% |
| 1986 | 459,893 current LCU per square kilometre | +14.8% |
| 1987 | 507,097 current LCU per square kilometre | +10.3% |
| 1988 | 540,636 current LCU per square kilometre | +6.6% |
| 1989 | 522,073 current LCU per square kilometre | -3.4% |
| 1990 | 469,905 current LCU per square kilometre | -10.0% |
| 1991 | 471,720 current LCU per square kilometre | +0.4% |
| 1992 | 465,982 current LCU per square kilometre | -1.2% |
| 1993 | 501,744 current LCU per square kilometre | +7.7% |
| 1994 | 532,597 current LCU per square kilometre | +6.1% |
| 1995 | 567,689 current LCU per square kilometre | +6.6% |
| 1996 | 631,753 current LCU per square kilometre | +11.3% |
| 1997 | 737,833 current LCU per square kilometre | +16.8% |
| 1998 | 846,327 current LCU per square kilometre | +14.7% |
| 1999 | 815,616 current LCU per square kilometre | -3.6% |
| 2000 | 820,690 current LCU per square kilometre | +0.6% |
| 2001 | 842,043 current LCU per square kilometre | +2.6% |
| 2002 | 839,548 current LCU per square kilometre | -0.3% |
| 2003 | 845,175 current LCU per square kilometre | +0.7% |
| 2004 | 982,590 current LCU per square kilometre | +16.3% |
| 2005 | 1.12 million current LCU per square kilometre | +14.2% |
| 2006 | 1.30 million current LCU per square kilometre | +15.9% |
| 2007 | 1.57 million current LCU per square kilometre | +20.6% |
| 2008 | 1.69 million current LCU per square kilometre | +7.9% |
| 2009 | 1.61 million current LCU per square kilometre | -4.8% |
| 2010 | 1.53 million current LCU per square kilometre | -5.3% |
| 2011 | 1.72 million current LCU per square kilometre | +12.6% |
| 2012 | 1.90 million current LCU per square kilometre | +10.5% |
| 2013 | 2.06 million current LCU per square kilometre | +8.6% |
| 2014 | 2.15 million current LCU per square kilometre | +4.2% |
| 2015 | 2.14 million current LCU per square kilometre | -0.7% |
| 2016 | 2.27 million current LCU per square kilometre | +6.4% |
| 2017 | 2.36 million current LCU per square kilometre | +3.7% |
| 2018 | 2.48 million current LCU per square kilometre | +5.0% |
| 2019 | 2.81 million current LCU per square kilometre | +13.6% |
| 2020 | 2.80 million current LCU per square kilometre | -0.2% |
| 2021 | 2.95 million current LCU per square kilometre | +5.2% |
| 2022 | 3.16 million current LCU per square kilometre | +7.1% |
| 2023 | 3.29 million current LCU per square kilometre | +4.0% |
Norway compared with similar countries
- Norway's 3.29 million current LCU per square kilometre is above the median for high income countries, which is 2.07 million current LCU per square kilometre, 1.6× the median. (64 countries reporting)
- Norway's 3.29 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 1.81 million current LCU per square kilometre, 1.8× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 151,141 current LCU per square kilometre | 70,271 current LCU per square kilometre | 225,474 current LCU per square kilometre | 10 |
| 1980s | 400,845 current LCU per square kilometre | 243,429 current LCU per square kilometre | 540,636 current LCU per square kilometre | 10 |
| 1990s | 604,117 current LCU per square kilometre | 465,982 current LCU per square kilometre | 846,327 current LCU per square kilometre | 10 |
| 2000s | 1.16 million current LCU per square kilometre | 820,690 current LCU per square kilometre | 1.69 million current LCU per square kilometre | 10 |
| 2010s | 2.14 million current LCU per square kilometre | 1.53 million current LCU per square kilometre | 2.81 million current LCU per square kilometre | 10 |
| 2020s | 3.05 million current LCU per square kilometre | 2.80 million current LCU per square kilometre | 3.29 million current LCU per square kilometre | 4 |
Countries ranked near Norway
- 80 Sweden 3.83 million current LCU per square kilometre compare
- 81 Mexico 3.82 million current LCU per square kilometre compare
- 82 United Arab Emirates 3.79 million current LCU per square kilometre compare
- 84 Uruguay 3.04 million current LCU per square kilometre compare
- 85 Bhutan 2.91 million current LCU per square kilometre compare
- 86 Mali 2.58 million current 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 fixed capital formation (current lcu), per square kilometre in Norway?
- Gross fixed capital formation (current lcu), per square kilometre in Norway was 3.29 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per square kilometre recorded in Norway?
- The highest recorded value was 3.29 million current LCU per square kilometre in 2023.
- What is the lowest gross fixed capital formation (current lcu), per square kilometre recorded in Norway?
- The lowest recorded value was 70,271 current LCU per square kilometre in 1970.
- How does Norway rank for gross fixed capital formation (current lcu), per square kilometre?
- Norway ranks 83rd out of 177 countries with data for 2023.
- Is gross fixed capital formation (current lcu), per square kilometre rising or falling in Norway?
- Over the last ten years it is up 59.3%. 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 fixed capital formation (current 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 fixed capital formation (current 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 fixed capital formation (current LCU) ÷ Land area (sq. km)
Computed from
- Gross fixed 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 fixed capital formation (current 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.