Gross fixed capital formation, Private sector, Constant prices in Norway
Norway: Gross fixed capital formation, Private sector, Constant prices was 68.22 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Norway, 1960–2019
Source: International Monetary Fund.
Analysis
Norway recorded 68.22 for gross fixed capital formation, private sector, constant prices in 2019. That is the highest value across all 60 years on record.
That represents a change of up 4.1% on the previous year and up 22.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Norway peaked at 68.22 in 2019 and was at its lowest, 13.79, in 1960.
Norway ranks 44th of 173 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 13.79 | — |
| 1961 | 14.34 | +4.0% |
| 1962 | 15.1 | +5.3% |
| 1963 | 15.46 | +2.4% |
| 1964 | 15.79 | +2.1% |
| 1965 | 17.07 | +8.0% |
| 1966 | 18.11 | +6.1% |
| 1967 | 20.09 | +10.9% |
| 1968 | 19.21 | -4.4% |
| 1969 | 16.96 | -11.7% |
| 1970 | 20.04 | +18.2% |
| 1971 | 23.56 | +17.5% |
| 1972 | 22.26 | -5.5% |
| 1973 | 25.47 | +14.4% |
| 1974 | 27.31 | +7.2% |
| 1975 | 30.16 | +10.4% |
| 1976 | 33.46 | +10.9% |
| 1977 | 34.34 | +2.6% |
| 1978 | 29.56 | -13.9% |
| 1979 | 30.65 | +3.7% |
| 1980 | 29.92 | -2.4% |
| 1981 | 31.41 | +5.0% |
| 1982 | 32.03 | +2.0% |
| 1983 | 33.82 | +5.6% |
| 1984 | 34.39 | +1.7% |
| 1985 | 33.06 | -3.9% |
| 1986 | 35.38 | +7.0% |
| 1987 | 35 | -1.1% |
| 1988 | 33.86 | -3.2% |
| 1989 | 30.99 | -8.5% |
| 1990 | 26.89 | -13.2% |
| 1991 | 26.08 | -3.0% |
| 1992 | 25.13 | -3.6% |
| 1993 | 27.8 | +10.7% |
| 1994 | 29.6 | +6.5% |
| 1995 | 30.74 | +3.8% |
| 1996 | 34.08 | +10.9% |
| 1997 | 39.03 | +14.5% |
| 1998 | 44.43 | +13.8% |
| 1999 | 41.78 | -6.0% |
| 2000 | 41.03 | -1.8% |
| 2001 | 40.61 | -1.0% |
| 2002 | 39.84 | -1.9% |
| 2003 | 39.05 | -2.0% |
| 2004 | 43.72 | +12.0% |
| 2005 | 50.34 | +15.1% |
| 2006 | 55.03 | +9.3% |
| 2007 | 62.17 | +13.0% |
| 2008 | 62.07 | -0.2% |
| 2009 | 55.76 | -10.2% |
| 2010 | 52.02 | -6.7% |
| 2011 | 56.78 | +9.2% |
| 2012 | 62.4 | +9.9% |
| 2013 | 65.59 | +5.1% |
| 2014 | 64.68 | -1.4% |
| 2015 | 61.41 | -5.1% |
| 2016 | 63.42 | +3.3% |
| 2017 | 65.1 | +2.7% |
| 2018 | 65.51 | +0.6% |
| 2019 | 68.22 | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.59 | 13.79 | 20.09 | 10 |
| 1970s | 27.68 | 20.04 | 34.34 | 10 |
| 1980s | 32.99 | 29.92 | 35.38 | 10 |
| 1990s | 32.56 | 25.13 | 44.43 | 10 |
| 2000s | 48.96 | 39.05 | 62.17 | 10 |
| 2010s | 62.51 | 52.02 | 68.22 | 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)
- GDP (current US$), annual growth rate 5.96 % change on previous year (2025)
- GDP (current US$), per capita 94,594 current US$ per person (2025)
- GDP (current LCU), annual growth rate 2.51 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 10.4 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 983,386 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.886 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 83,813 constant 2015 US$ per person (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 68.22 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 68.22 in 2019.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Norway?
- The lowest recorded value was 13.79 in 1960.
- How does Norway rank for gross fixed capital formation, private sector, constant prices?
- Norway ranks 44th 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 22.3%. The long-run trend across the full record is rising.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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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.