Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Norway
Norway: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 104.67 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Norway, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross fixed capital formation deflator — value us$, 2015 prices in Norway stood at 104.67 USD.
That represents a change of up 3.1% on the previous year and down 15.7% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Norway peaked at 128.34 USD in 2013 and was at its lowest, 12.89 USD, in 1970.
Norway ranks 154th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Norway, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 12.89 USD | — |
| 1971 | 13.78 USD | +6.9% |
| 1972 | 15.9 USD | +15.3% |
| 1973 | 19.25 USD | +21.1% |
| 1974 | 23.13 USD | +20.2% |
| 1975 | 27.87 USD | +20.5% |
| 1976 | 29.58 USD | +6.1% |
| 1977 | 33.27 USD | +12.5% |
| 1978 | 35.75 USD | +7.5% |
| 1979 | 38.43 USD | +7.5% |
| 1980 | 43.17 USD | +12.3% |
| 1981 | 40.96 USD | -5.1% |
| 1982 | 40.26 USD | -1.7% |
| 1983 | 38.28 USD | -4.9% |
| 1984 | 36.24 USD | -5.3% |
| 1985 | 37.25 USD | +2.8% |
| 1986 | 46.26 USD | +24.2% |
| 1987 | 55.57 USD | +20.1% |
| 1988 | 61.86 USD | +11.3% |
| 1989 | 60.46 USD | -2.3% |
| 1990 | 66.91 USD | +10.7% |
| 1991 | 65.1 USD | -2.7% |
| 1992 | 68.44 USD | +5.1% |
| 1993 | 61.14 USD | -10.7% |
| 1994 | 62.17 USD | +1.7% |
| 1995 | 71.41 USD | +14.9% |
| 1996 | 71.49 USD | +0.1% |
| 1997 | 66.33 USD | -7.2% |
| 1998 | 63.53 USD | -4.2% |
| 1999 | 62.26 USD | -2.0% |
| 2000 | 57.39 USD | -7.8% |
| 2001 | 57.79 USD | +0.7% |
| 2002 | 64.84 USD | +12.2% |
| 2003 | 73.42 USD | +13.2% |
| 2004 | 80.14 USD | +9.2% |
| 2005 | 86.73 USD | +8.2% |
| 2006 | 91.49 USD | +5.5% |
| 2007 | 106.5 USD | +16.4% |
| 2008 | 116.4 USD | +9.3% |
| 2009 | 107.58 USD | -7.6% |
| 2010 | 113.86 USD | +5.8% |
| 2011 | 127.68 USD | +12.1% |
| 2012 | 126.66 USD | -0.8% |
| 2013 | 128.34 USD | +1.3% |
| 2014 | 124.18 USD | -3.2% |
| 2015 | 100 USD | -19.5% |
| 2016 | 97.26 USD | -2.7% |
| 2017 | 99.75 USD | +2.6% |
| 2018 | 104.26 USD | +4.5% |
| 2019 | 99.1 USD | -4.9% |
| 2020 | 95.75 USD | -3.4% |
| 2021 | 108.88 USD | +13.7% |
| 2022 | 104.73 USD | -3.8% |
| 2023 | 101.5 USD | -3.1% |
| 2024 | 104.67 USD | +3.1% |
Norway compared with similar countries
- Norway's 104.67 USD is below the median for high income countries, which is 122.6 USD, 85% of the median. (68 countries reporting)
- Norway's 104.67 USD is below the median for Europe & Central Asia, which is 125.25 USD, 84% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.99 USD | 12.89 USD | 38.43 USD | 10 |
| 1980s | 46.03 USD | 36.24 USD | 61.86 USD | 10 |
| 1990s | 65.88 USD | 61.14 USD | 71.49 USD | 10 |
| 2000s | 84.23 USD | 57.39 USD | 116.4 USD | 10 |
| 2010s | 112.11 USD | 97.26 USD | 128.34 USD | 10 |
| 2020s | 103.11 USD | 95.75 USD | 108.88 USD | 5 |
Countries ranked near Norway
- 151 United Kingdom of Great Britain and Northern Ireland 104.92 USD compare
- 152 Republic of Korea 104.83 USD compare
- 153 Indonesia 104.81 USD compare
- 155 Nepal 104.65 USD compare
- 156 China, Hong Kong SAR 104.29 USD compare
- 157 Burkina Faso 103.95 USD 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)
- 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 deflator — value us$, 2015 prices in Norway?
- Gross fixed capital formation deflator — value us$, 2015 prices in Norway was 104.67 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Norway?
- The highest recorded value was 128.34 USD in 2013.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Norway?
- The lowest recorded value was 12.89 USD in 1970.
- How does Norway rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Norway ranks 154th out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Norway?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is rising.
- 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).