Gross fixed capital formation, Private sector … unit Domestic in Norway
Norway: Gross fixed capital formation, Private sector … unit Domestic was 0 units per US$ of GDP in 2019. ▼ Falling
Gross fixed capital formation, Private sector, Current prices in Norway, 1962–2019
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Norway stood at 0 units per US$ of GDP.
That represents a change of up 14.5% on the previous year and up 46.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Norway peaked at 0 units per US$ of GDP in 1962 and was at its lowest, 0 units per US$ of GDP, in 2011.
That places Norway 93rd out of 172 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 58 years of available data.
Gross fixed capital formation, Private sector … unit Domestic in Norway, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1962 | 0 units per US$ of GDP | — |
| 1963 | 0 units per US$ of GDP | -0.2% |
| 1964 | 0 units per US$ of GDP | -6.6% |
| 1965 | 0 units per US$ of GDP | +0.4% |
| 1966 | 0 units per US$ of GDP | +1.7% |
| 1967 | 0 units per US$ of GDP | +2.7% |
| 1968 | 0 units per US$ of GDP | -10.7% |
| 1969 | 0 units per US$ of GDP | -12.6% |
| 1970 | 0 units per US$ of GDP | +12.3% |
| 1971 | 0 units per US$ of GDP | +8.8% |
| 1972 | 0 units per US$ of GDP | -14.5% |
| 1973 | 0 units per US$ of GDP | -6.7% |
| 1974 | 0 units per US$ of GDP | +2.5% |
| 1975 | 0 units per US$ of GDP | +3.9% |
| 1976 | 0 units per US$ of GDP | +12.4% |
| 1977 | 0 units per US$ of GDP | -2.4% |
| 1978 | 0 units per US$ of GDP | -18.7% |
| 1979 | 0 units per US$ of GDP | -5.7% |
| 1980 | 0 units per US$ of GDP | -11.8% |
| 1981 | 0 units per US$ of GDP | +17.2% |
| 1982 | 0 units per US$ of GDP | +14.4% |
| 1983 | 0 units per US$ of GDP | +15.4% |
| 1984 | 0 units per US$ of GDP | +6.9% |
| 1985 | 0 units per US$ of GDP | -1.3% |
| 1986 | 0 units per US$ of GDP | -4.9% |
| 1987 | 0 units per US$ of GDP | -9.6% |
| 1988 | 0 units per US$ of GDP | -3.6% |
| 1989 | 0 units per US$ of GDP | -5.9% |
| 1990 | 0 units per US$ of GDP | -25.4% |
| 1991 | 0 units per US$ of GDP | -3.8% |
| 1992 | 0 units per US$ of GDP | -9.5% |
| 1993 | 0 units per US$ of GDP | +22.4% |
| 1994 | 0 units per US$ of GDP | +2.2% |
| 1995 | 0 units per US$ of GDP | -10.5% |
| 1996 | 0 units per US$ of GDP | +5.1% |
| 1997 | 0 units per US$ of GDP | +18.3% |
| 1998 | 0 units per US$ of GDP | +21.6% |
| 1999 | 0 units per US$ of GDP | -9.7% |
| 2000 | 0 units per US$ of GDP | -3.4% |
| 2001 | 0 units per US$ of GDP | +0.1% |
| 2002 | 0 units per US$ of GDP | -13.1% |
| 2003 | 0 units per US$ of GDP | -16.1% |
| 2004 | 0 units per US$ of GDP | +0.4% |
| 2005 | 0 units per US$ of GDP | +1.6% |
| 2006 | 0 units per US$ of GDP | +2.2% |
| 2007 | 0 units per US$ of GDP | +3.1% |
| 2008 | 0 units per US$ of GDP | -9.3% |
| 2009 | 0 units per US$ of GDP | +10.4% |
| 2010 | 0 units per US$ of GDP | -14.7% |
| 2011 | 0 units per US$ of GDP | -2.6% |
| 2012 | 0 units per US$ of GDP | +10.5% |
| 2013 | 0 units per US$ of GDP | +4.6% |
| 2014 | 0 units per US$ of GDP | +7.2% |
| 2015 | 0 units per US$ of GDP | +25.9% |
| 2016 | 0 units per US$ of GDP | +9.4% |
| 2017 | 0 units per US$ of GDP | -4.4% |
| 2018 | 0 units per US$ of GDP | -5.4% |
| 2019 | 0 units per US$ of GDP | +14.5% |
Norway compared with similar countries
- Norway's 0 units per US$ of GDP is above the median for high income countries, which is 0 units per US$ of GDP, 6.1× the median. (58 countries reporting)
- Norway's 0 units per US$ of GDP is above the median for Europe & Central Asia, which is 0 units per US$ of GDP, 5.8× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 8 |
| 1970s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1980s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 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)
- 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, private sector, current prices in Norway?
- Gross fixed capital formation, private sector, current prices in Norway was 0 units per US$ of GDP in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Norway?
- The highest recorded value was 0 units per US$ of GDP in 1962.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Norway?
- The lowest recorded value was 0 units per US$ of GDP in 2011.
- How does Norway rank for gross fixed capital formation, private sector, current prices?
- Norway ranks 93rd out of 172 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Norway?
- Over the last ten years it is up 46.8%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation, Private sector, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation, Private sector, Current prices, Domestic currency ÷ GDP (current US$)
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation, Private sector, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.