Gross fixed capital formation, Private sector, Current … Domestic in Norway
Norway: Gross fixed capital formation, Private sector, Current … Domestic 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 … Domestic 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% |
Norway compared with similar countries
- Norway's 701.29 is above the median for high income countries, which is 133.43, 5.3× the median. (58 countries reporting)
- Norway's 701.29 is above the median for Europe & Central Asia, which is 148.39, 4.7× the median. (46 countries reporting)
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)
- 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 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.