Gross fixed capital formation (current US$) in Norway
Norway: Gross fixed capital formation (current US$) was 124.08 billion current US$ in 2025. ◆ Volatile
Latest (2025)
124.08 billion current US$
Change on year
up 7.9%
World rank
31st
of 181 countries
All-time high
128.31 billion current US$
in 2013
All-time low
3.59 billion current US$
in 1970
Years of data
56
1970–2025
Gross fixed capital formation in Norway, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross fixed capital formation in Norway stood at 124.08 billion current US$.
The figure is up 7.9% on the previous year and up 28.2% over ten years.
Over the whole period, gross fixed capital formation in Norway peaked at 128.31 billion current US$ in 2013 and was at its lowest, 3.59 billion current US$, in 1970.
That places Norway 31st out of 181 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 3.59 billion current US$ | — |
| 1971 | 4.47 billion current US$ | +24.3% |
| 1972 | 5.02 billion current US$ | +12.4% |
| 1973 | 6.79 billion current US$ | +35.2% |
| 1974 | 8.65 billion current US$ | +27.4% |
| 1975 | 11.44 billion current US$ | +32.4% |
| 1976 | 13.35 billion current US$ | +16.6% |
| 1977 | 15.47 billion current US$ | +15.9% |
| 1978 | 14.81 billion current US$ | -4.3% |
| 1979 | 16.22 billion current US$ | +9.6% |
| 1980 | 18.00 billion current US$ | +11.0% |
| 1981 | 17.94 billion current US$ | -0.3% |
| 1982 | 17.78 billion current US$ | -0.9% |
| 1983 | 17.84 billion current US$ | +0.3% |
| 1984 | 17.10 billion current US$ | -4.1% |
| 1985 | 17.02 billion current US$ | -0.5% |
| 1986 | 22.72 billion current US$ | +33.5% |
| 1987 | 27.49 billion current US$ | +21.0% |
| 1988 | 30.30 billion current US$ | +10.2% |
| 1989 | 27.62 billion current US$ | -8.9% |
| 1990 | 27.42 billion current US$ | -0.7% |
| 1991 | 26.58 billion current US$ | -3.1% |
| 1992 | 27.39 billion current US$ | +3.1% |
| 1993 | 25.83 billion current US$ | -5.7% |
| 1994 | 27.56 billion current US$ | +6.7% |
| 1995 | 32.73 billion current US$ | +18.7% |
| 1996 | 35.78 billion current US$ | +9.3% |
| 1997 | 38.10 billion current US$ | +6.5% |
| 1998 | 40.97 billion current US$ | +7.5% |
| 1999 | 38.20 billion current US$ | -6.8% |
| 2000 | 34.06 billion current US$ | -10.8% |
| 2001 | 34.20 billion current US$ | +0.4% |
| 2002 | 38.41 billion current US$ | +12.3% |
| 2003 | 43.60 billion current US$ | +13.5% |
| 2004 | 53.24 billion current US$ | +22.1% |
| 2005 | 63.64 billion current US$ | +19.5% |
| 2006 | 74.11 billion current US$ | +16.5% |
| 2007 | 97.78 billion current US$ | +31.9% |
| 2008 | 109.64 billion current US$ | +12.1% |
| 2009 | 93.65 billion current US$ | -14.6% |
| 2010 | 92.30 billion current US$ | -1.4% |
| 2011 | 112.05 billion current US$ | +21.4% |
| 2012 | 119.32 billion current US$ | +6.5% |
| 2013 | 128.31 billion current US$ | +7.5% |
| 2014 | 124.68 billion current US$ | -2.8% |
| 2015 | 96.79 billion current US$ | -22.4% |
| 2016 | 98.85 billion current US$ | +2.1% |
| 2017 | 104.06 billion current US$ | +5.3% |
| 2018 | 111.14 billion current US$ | +6.8% |
| 2019 | 116.63 billion current US$ | +4.9% |
| 2020 | 108.50 billion current US$ | -7.0% |
| 2021 | 125.16 billion current US$ | +15.4% |
| 2022 | 119.77 billion current US$ | -4.3% |
| 2023 | 113.39 billion current US$ | -5.3% |
| 2024 | 114.95 billion current US$ | +1.4% |
| 2025 | 124.08 billion current US$ | +7.9% |
Norway compared with similar countries
- Norway's 124.08 billion current US$ is above the median for high income countries, which is 50.73 billion current US$, 2.4× the median. (64 countries reporting)
- Norway's 124.08 billion current US$ is above the median for Europe & Central Asia, which is 31.73 billion current US$, 3.9× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.98 billion current US$ | 3.59 billion current US$ | 16.22 billion current US$ | 10 |
| 1980s | 21.38 billion current US$ | 17.02 billion current US$ | 30.30 billion current US$ | 10 |
| 1990s | 32.05 billion current US$ | 25.83 billion current US$ | 40.97 billion current US$ | 10 |
| 2000s | 64.23 billion current US$ | 34.06 billion current US$ | 109.64 billion current US$ | 10 |
| 2010s | 110.41 billion current US$ | 92.30 billion current US$ | 128.31 billion current US$ | 10 |
| 2020s | 117.64 billion current US$ | 108.50 billion current US$ | 125.16 billion current US$ | 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)
- 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 fixed capital formation in Norway?
- Gross fixed capital formation in Norway was 124.08 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Norway?
- The highest recorded value was 128.31 billion current US$ in 2013.
- What is the lowest gross fixed capital formation recorded in Norway?
- The lowest recorded value was 3.59 billion current US$ in 1970.
- How does Norway rank for gross fixed capital formation?
- Norway ranks 31st out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Norway?
- Over the last ten years it is up 28.2%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.