Gross fixed capital formation, Private sector, Current prices in Norway
Norway: Gross fixed capital formation, Private sector, Current prices was 701.29 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Norway, 1962–2019
Source: International Monetary Fund.
Analysis
Norway recorded 701.29 for gross fixed capital formation, private sector, current prices in 2019. That is the highest value across all 58 years on record.
Compared with earlier readings it is up 6.8% on the previous year and up 57.4% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Norway peaked at 701.29 in 2019 and was at its lowest, 12.15, in 1962.
Norway ranks 64th of 174 countries on this measure, 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 formation, Private sector, Current prices in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 12.15 | — |
| 1963 | 13.01 | +7.1% |
| 1964 | 13.37 | +2.8% |
| 1965 | 15.11 | +13.0% |
| 1966 | 16.58 | +9.8% |
| 1967 | 18.63 | +12.4% |
| 1968 | 17.77 | -4.6% |
| 1969 | 16.91 | -4.9% |
| 1970 | 21.85 | +29.2% |
| 1971 | 27.08 | +23.9% |
| 1972 | 27.57 | +1.8% |
| 1973 | 33.39 | +21.1% |
| 1974 | 41.22 | +23.5% |
| 1975 | 51.89 | +25.9% |
| 1976 | 63.8 | +22.9% |
| 1977 | 71.89 | +12.7% |
| 1978 | 65.49 | -8.9% |
| 1979 | 70.51 | +7.7% |
| 1980 | 75.4 | +6.9% |
| 1981 | 87.29 | +15.8% |
| 1982 | 98.36 | +12.7% |
| 1983 | 111.66 | +13.5% |
| 1984 | 120.25 | +7.7% |
| 1985 | 125.13 | +4.1% |
| 1986 | 143.08 | +14.3% |
| 1987 | 154.86 | +8.2% |
| 1988 | 161.35 | +4.2% |
| 1989 | 152.91 | -5.2% |
| 1990 | 133.13 | -12.9% |
| 1991 | 130.06 | -2.3% |
| 1992 | 126.3 | -2.9% |
| 1993 | 142.52 | +12.8% |
| 1994 | 153.51 | +7.7% |
| 1995 | 164.32 | +7.0% |
| 1996 | 185.69 | +13.0% |
| 1997 | 216.46 | +16.6% |
| 1998 | 251.69 | +16.3% |
| 1999 | 239.73 | -4.8% |
| 2000 | 244.93 | +2.2% |
| 2001 | 249.37 | +1.8% |
| 2002 | 243.75 | -2.3% |
| 2003 | 239.89 | -1.6% |
| 2004 | 279.13 | +16.4% |
| 2005 | 332.4 | +19.1% |
| 2006 | 381.62 | +14.8% |
| 2007 | 458.65 | +20.2% |
| 2008 | 481.46 | +5.0% |
| 2009 | 445.62 | -7.4% |
| 2010 | 422.9 | -5.1% |
| 2011 | 480.07 | +13.5% |
| 2012 | 543.25 | +13.2% |
| 2013 | 584.41 | +7.6% |
| 2014 | 598.12 | +2.3% |
| 2015 | 585.15 | -2.2% |
| 2016 | 612.24 | +4.6% |
| 2017 | 634.74 | +3.7% |
| 2018 | 656.36 | +3.4% |
| 2019 | 701.29 | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.44 | 12.15 | 18.63 | 8 |
| 1970s | 47.47 | 21.85 | 71.89 | 10 |
| 1980s | 123.03 | 75.4 | 161.35 | 10 |
| 1990s | 174.34 | 126.3 | 251.69 | 10 |
| 2000s | 335.68 | 239.89 | 481.46 | 10 |
| 2010s | 581.85 | 422.9 | 701.29 | 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)
- Services, value added (current US$), annual growth rate 8.99 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5505 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 52,073 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.44 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 5.72 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 541,338 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.33 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5247 constant 2015 US$ 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 701.29 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Norway?
- The highest recorded value was 701.29 in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Norway?
- The lowest recorded value was 12.15 in 1962.
- How does Norway rank for gross fixed capital formation, private sector, current prices?
- Norway ranks 64th out of 174 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 57.4%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency. 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.