Gross Fixed Capital … Deflator Standard Local Currency in Norway
Norway: Gross Fixed Capital … Deflator Standard Local Currency was 139.48 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Norway, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Norway recorded 139.48 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.9% on the previous year and up 43.7% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Norway peaked at 139.48 SLC in 2024 and was at its lowest, 11.42 SLC, in 1970.
That places Norway 84th out of 208 countries with data for 2024, putting it 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 … Deflator Standard Local Currency in Norway, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 11.42 SLC | — |
| 1971 | 12.06 SLC | +5.6% |
| 1972 | 12.99 SLC | +7.7% |
| 1973 | 13.76 SLC | +6.0% |
| 1974 | 15.89 SLC | +15.5% |
| 1975 | 18.07 SLC | +13.7% |
| 1976 | 20.02 SLC | +10.8% |
| 1977 | 21.96 SLC | +9.7% |
| 1978 | 23.24 SLC | +5.8% |
| 1979 | 24.13 SLC | +3.8% |
| 1980 | 26.44 SLC | +9.6% |
| 1981 | 29.15 SLC | +10.3% |
| 1982 | 32.22 SLC | +10.5% |
| 1983 | 34.64 SLC | +7.5% |
| 1984 | 36.68 SLC | +5.9% |
| 1985 | 39.71 SLC | +8.3% |
| 1986 | 42.42 SLC | +6.8% |
| 1987 | 46.43 SLC | +9.4% |
| 1988 | 49.99 SLC | +7.7% |
| 1989 | 51.76 SLC | +3.5% |
| 1990 | 51.94 SLC | +0.3% |
| 1991 | 52.34 SLC | +0.8% |
| 1992 | 52.74 SLC | +0.8% |
| 1993 | 53.78 SLC | +2.0% |
| 1994 | 54.41 SLC | +1.2% |
| 1995 | 56.1 SLC | +3.1% |
| 1996 | 57.18 SLC | +1.9% |
| 1997 | 58.18 SLC | +1.8% |
| 1998 | 59.44 SLC | +2.2% |
| 1999 | 60.21 SLC | +1.3% |
| 2000 | 62.64 SLC | +4.0% |
| 2001 | 64.44 SLC | +2.9% |
| 2002 | 64.2 SLC | -0.4% |
| 2003 | 64.46 SLC | +0.4% |
| 2004 | 66.99 SLC | +3.9% |
| 2005 | 69.29 SLC | +3.4% |
| 2006 | 72.76 SLC | +5.0% |
| 2007 | 77.42 SLC | +6.4% |
| 2008 | 81.41 SLC | +5.2% |
| 2009 | 83.89 SLC | +3.0% |
| 2010 | 85.34 SLC | +1.7% |
| 2011 | 88.74 SLC | +4.0% |
| 2012 | 91.37 SLC | +3.0% |
| 2013 | 93.5 SLC | +2.3% |
| 2014 | 97.04 SLC | +3.8% |
| 2015 | 100 SLC | +3.0% |
| 2016 | 101.31 SLC | +1.3% |
| 2017 | 102.32 SLC | +1.0% |
| 2018 | 105.14 SLC | +2.8% |
| 2019 | 108.14 SLC | +2.9% |
| 2020 | 111.8 SLC | +3.4% |
| 2021 | 115.98 SLC | +3.7% |
| 2022 | 124.86 SLC | +7.7% |
| 2023 | 132.95 SLC | +6.5% |
| 2024 | 139.48 SLC | +4.9% |
Norway compared with similar countries
- Norway's 139.48 SLC is above the median for high income countries, which is 126.84 SLC, 1.1× the median. (68 countries reporting)
- Norway's 139.48 SLC is above the median for Europe & Central Asia, which is 134.82 SLC, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.35 SLC | 11.42 SLC | 24.13 SLC | 10 |
| 1980s | 38.95 SLC | 26.44 SLC | 51.76 SLC | 10 |
| 1990s | 55.63 SLC | 51.94 SLC | 60.21 SLC | 10 |
| 2000s | 70.75 SLC | 62.64 SLC | 83.89 SLC | 10 |
| 2010s | 97.29 SLC | 85.34 SLC | 108.14 SLC | 10 |
| 2020s | 125.01 SLC | 111.8 SLC | 139.48 SLC | 5 |
Countries ranked near Norway
More economy & growth data for Norway
- Real gdp growth, annual growth rate -23.81 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Norway?
- Gross fixed capital formation deflator — value standard local in Norway was 139.48 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Norway?
- The highest recorded value was 139.48 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Norway?
- The lowest recorded value was 11.42 SLC in 1970.
- How does Norway rank for gross fixed capital formation deflator — value standard local?
- Norway ranks 84th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Norway?
- Over the last ten years it is up 43.7%. 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 Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).