Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Norway
Norway: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.1585 million SLC per person in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Norway, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Norway recorded 0.1585 million SLC per person for gross fixed capital formation — value standard local currency, 2015 in 2024.
That represents a change of down 2.8% on the previous year and up 5.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Norway peaked at 0.1657 million SLC per person in 2019 and was at its lowest, 0.0579 million SLC per person, in 1970.
Norway ranks 39th of 194 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Norway, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0579 million SLC per person | — |
| 1971 | 0.0668 million SLC per person | +15.5% |
| 1972 | 0.0646 million SLC per person | -3.3% |
| 1973 | 0.0717 million SLC per person | +10.9% |
| 1974 | 0.0755 million SLC per person | +5.4% |
| 1975 | 0.0825 million SLC per person | +9.3% |
| 1976 | 0.0903 million SLC per person | +9.4% |
| 1977 | 0.0926 million SLC per person | +2.6% |
| 1978 | 0.0822 million SLC per person | -11.3% |
| 1979 | 0.0835 million SLC per person | +1.6% |
| 1980 | 0.0822 million SLC per person | -1.5% |
| 1981 | 0.0861 million SLC per person | +4.7% |
| 1982 | 0.0864 million SLC per person | +0.4% |
| 1983 | 0.0909 million SLC per person | +5.2% |
| 1984 | 0.0918 million SLC per person | +1.0% |
| 1985 | 0.0886 million SLC per person | -3.5% |
| 1986 | 0.0948 million SLC per person | +7.0% |
| 1987 | 0.0951 million SLC per person | +0.3% |
| 1988 | 0.0937 million SLC per person | -1.5% |
| 1989 | 0.087 million SLC per person | -7.1% |
| 1990 | 0.0777 million SLC per person | -10.6% |
| 1991 | 0.0771 million SLC per person | -0.9% |
| 1992 | 0.0751 million SLC per person | -2.5% |
| 1993 | 0.0786 million SLC per person | +4.6% |
| 1994 | 0.0823 million SLC per person | +4.7% |
| 1995 | 0.0845 million SLC per person | +2.7% |
| 1996 | 0.0919 million SLC per person | +8.8% |
| 1997 | 0.1049 million SLC per person | +14.1% |
| 1998 | 0.1171 million SLC per person | +11.6% |
| 1999 | 0.1106 million SLC per person | -5.6% |
| 2000 | 0.1063 million SLC per person | -3.9% |
| 2001 | 0.1051 million SLC per person | -1.1% |
| 2002 | 0.1041 million SLC per person | -0.9% |
| 2003 | 0.104 million SLC per person | -0.1% |
| 2004 | 0.1139 million SLC per person | +9.5% |
| 2005 | 0.1266 million SLC per person | +11.1% |
| 2006 | 0.137 million SLC per person | +8.2% |
| 2007 | 0.1522 million SLC per person | +11.1% |
| 2008 | 0.152 million SLC per person | -0.1% |
| 2009 | 0.1395 million SLC per person | -8.2% |
| 2010 | 0.129 million SLC per person | -7.6% |
| 2011 | 0.1368 million SLC per person | +6.1% |
| 2012 | 0.1452 million SLC per person | +6.1% |
| 2013 | 0.1525 million SLC per person | +5.1% |
| 2014 | 0.1504 million SLC per person | -1.4% |
| 2015 | 0.143 million SLC per person | -5.0% |
| 2016 | 0.1473 million SLC per person | +3.0% |
| 2017 | 0.15 million SLC per person | +1.8% |
| 2018 | 0.1523 million SLC per person | +1.6% |
| 2019 | 0.1657 million SLC per person | +8.8% |
| 2020 | 0.1579 million SLC per person | -4.7% |
| 2021 | 0.1582 million SLC per person | +0.2% |
| 2022 | 0.165 million SLC per person | +4.3% |
| 2023 | 0.1631 million SLC per person | -1.1% |
| 2024 | 0.1585 million SLC per person | -2.8% |
Norway compared with similar countries
- Norway's 0.1585 million SLC per person is above the median for high income countries, which is 0.0119 million SLC per person, 13.3× the median. (73 countries reporting)
- Norway's 0.1585 million SLC per person is above the median for Europe & Central Asia, which is 0.0098 million SLC per person, 16.2× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0768 million SLC per person | 0.0579 million SLC per person | 0.0926 million SLC per person | 10 |
| 1980s | 0.0897 million SLC per person | 0.0822 million SLC per person | 0.0951 million SLC per person | 10 |
| 1990s | 0.09 million SLC per person | 0.0751 million SLC per person | 0.1171 million SLC per person | 10 |
| 2000s | 0.1241 million SLC per person | 0.104 million SLC per person | 0.1522 million SLC per person | 10 |
| 2010s | 0.1472 million SLC per person | 0.129 million SLC per person | 0.1657 million SLC per person | 10 |
| 2020s | 0.1605 million SLC per person | 0.1579 million SLC per person | 0.165 million SLC per person | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Norway?
- Gross fixed capital formation — value standard local currency, 2015 in Norway was 0.1585 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Norway?
- The highest recorded value was 0.1657 million SLC per person in 2019.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Norway?
- The lowest recorded value was 0.0579 million SLC per person in 1970.
- How does Norway rank for gross fixed capital formation — value standard local currency, 2015?
- Norway ranks 39th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Norway?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.