Gross fixed capital formation, Private sector, Constant prices in Norway
Norway: Gross fixed capital formation, Private sector, Constant prices was 19.79 in 2019. ▼ Falling
Gross fixed capital formation, Private sector, Constant prices in Norway, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Norway is 19.79, measured in 2019.
That represents a change of up 3.3% on the previous year and up 5.7% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Norway peaked at 28.42 in 1976 and was at its lowest, 13.17, in 1992.
Norway ranks 40th of 173 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 23.64 | — |
| 1961 | 23.13 | -2.1% |
| 1962 | 23.69 | +2.4% |
| 1963 | 23.37 | -1.3% |
| 1964 | 22.73 | -2.7% |
| 1965 | 23.33 | +2.6% |
| 1966 | 23.86 | +2.3% |
| 1967 | 24.91 | +4.4% |
| 1968 | 23.29 | -6.5% |
| 1969 | 19.68 | -15.5% |
| 1970 | 22.79 | +15.8% |
| 1971 | 25.48 | +11.8% |
| 1972 | 22.91 | -10.1% |
| 1973 | 25.11 | +9.6% |
| 1974 | 25.84 | +2.9% |
| 1975 | 27.12 | +5.0% |
| 1976 | 28.42 | +4.8% |
| 1977 | 27.97 | -1.6% |
| 1978 | 23.27 | -16.8% |
| 1979 | 23.12 | -0.7% |
| 1980 | 21.58 | -6.6% |
| 1981 | 22.3 | +3.3% |
| 1982 | 22.68 | +1.7% |
| 1983 | 23.04 | +1.6% |
| 1984 | 22.09 | -4.1% |
| 1985 | 20.12 | -8.9% |
| 1986 | 20.7 | +2.9% |
| 1987 | 20.12 | -2.8% |
| 1988 | 19.51 | -3.0% |
| 1989 | 17.68 | -9.4% |
| 1990 | 15.05 | -14.9% |
| 1991 | 14.15 | -5.9% |
| 1992 | 13.17 | -7.0% |
| 1993 | 14.17 | +7.6% |
| 1994 | 14.36 | +1.3% |
| 1995 | 14.31 | -0.3% |
| 1996 | 15.11 | +5.6% |
| 1997 | 16.44 | +8.8% |
| 1998 | 18.23 | +10.9% |
| 1999 | 16.81 | -7.8% |
| 2000 | 15.99 | -4.8% |
| 2001 | 15.51 | -3.0% |
| 2002 | 15 | -3.3% |
| 2003 | 14.57 | -2.9% |
| 2004 | 15.69 | +7.7% |
| 2005 | 17.6 | +12.2% |
| 2006 | 18.79 | +6.8% |
| 2007 | 20.61 | +9.7% |
| 2008 | 20.48 | -0.6% |
| 2009 | 18.72 | -8.6% |
| 2010 | 17.34 | -7.4% |
| 2011 | 18.75 | +8.1% |
| 2012 | 20.06 | +7.0% |
| 2013 | 20.87 | +4.0% |
| 2014 | 20.18 | -3.3% |
| 2015 | 18.79 | -6.9% |
| 2016 | 19.2 | +2.2% |
| 2017 | 19.26 | +0.3% |
| 2018 | 19.17 | -0.5% |
| 2019 | 19.79 | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.16 | 19.68 | 24.91 | 10 |
| 1970s | 25.2 | 22.79 | 28.42 | 10 |
| 1980s | 20.98 | 17.68 | 23.04 | 10 |
| 1990s | 15.18 | 13.17 | 18.23 | 10 |
| 2000s | 17.29 | 14.57 | 20.61 | 10 |
| 2010s | 19.34 | 17.34 | 20.87 | 10 |
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)
- Exports of goods and services (current LCU), annual growth rate 0.2872 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 4.72 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 446,191 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.39 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3461 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 32,736 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 7.95 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2338 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Norway?
- Gross fixed capital formation, private sector, constant prices in Norway was 19.79 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Norway?
- The highest recorded value was 28.42 in 1976.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Norway?
- The lowest recorded value was 13.17 in 1992.
- How does Norway rank for gross fixed capital formation, private sector, constant prices?
- Norway ranks 40th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Norway?
- Over the last ten years it is up 5.7%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.