Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Norway
Norway: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 2.47 million SLC per square kilometre in 2023. ▲ Rising
Latest (2023)
2.47 million SLC per square kilometre
Change on year
down 0.0%
World rank
90th
of 194 countries
All-time high
2.47 million SLC per square kilometre
in 2022
All-time low
0.6143 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Norway, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Norway stood at 2.47 million SLC per square kilometre.
That represents a change of up 16.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Norway peaked at 2.47 million SLC per square kilometre in 2022 and was at its lowest, 0.6143 million SLC per square kilometre, in 1970.
Norway ranks 90th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Norway, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.6143 million SLC per square kilometre | — |
| 1971 | 0.7144 million SLC per square kilometre | +16.3% |
| 1972 | 0.6959 million SLC per square kilometre | -2.6% |
| 1973 | 0.7774 million SLC per square kilometre | +11.7% |
| 1974 | 0.8241 million SLC per square kilometre | +6.0% |
| 1975 | 0.9054 million SLC per square kilometre | +9.9% |
| 1976 | 0.9952 million SLC per square kilometre | +9.9% |
| 1977 | 1.03 million SLC per square kilometre | +3.0% |
| 1978 | 0.9132 million SLC per square kilometre | -10.9% |
| 1979 | 0.9308 million SLC per square kilometre | +1.9% |
| 1980 | 0.9196 million SLC per square kilometre | -1.2% |
| 1981 | 0.966 million SLC per square kilometre | +5.0% |
| 1982 | 0.9737 million SLC per square kilometre | +0.8% |
| 1983 | 1.03 million SLC per square kilometre | +5.5% |
| 1984 | 1.04 million SLC per square kilometre | +1.3% |
| 1985 | 1.01 million SLC per square kilometre | -3.2% |
| 1986 | 1.08 million SLC per square kilometre | +7.4% |
| 1987 | 1.09 million SLC per square kilometre | +0.8% |
| 1988 | 1.08 million SLC per square kilometre | -1.0% |
| 1989 | 1.01 million SLC per square kilometre | -6.7% |
| 1990 | 0.9029 million SLC per square kilometre | -10.3% |
| 1991 | 0.8993 million SLC per square kilometre | -0.4% |
| 1992 | 0.8816 million SLC per square kilometre | -2.0% |
| 1993 | 0.9279 million SLC per square kilometre | +5.3% |
| 1994 | 0.9766 million SLC per square kilometre | +5.3% |
| 1995 | 1.01 million SLC per square kilometre | +3.2% |
| 1996 | 1.1 million SLC per square kilometre | +9.4% |
| 1997 | 1.27 million SLC per square kilometre | +14.8% |
| 1998 | 1.42 million SLC per square kilometre | +12.3% |
| 1999 | 1.35 million SLC per square kilometre | -4.9% |
| 2000 | 1.31 million SLC per square kilometre | -3.3% |
| 2001 | 1.3 million SLC per square kilometre | -0.6% |
| 2002 | 1.29 million SLC per square kilometre | -0.4% |
| 2003 | 1.3 million SLC per square kilometre | +0.5% |
| 2004 | 1.43 million SLC per square kilometre | +10.1% |
| 2005 | 1.6 million SLC per square kilometre | +11.9% |
| 2006 | 1.75 million SLC per square kilometre | +9.1% |
| 2007 | 1.96 million SLC per square kilometre | +12.3% |
| 2008 | 1.98 million SLC per square kilometre | +1.1% |
| 2009 | 1.84 million SLC per square kilometre | -7.0% |
| 2010 | 1.73 million SLC per square kilometre | -6.4% |
| 2011 | 1.85 million SLC per square kilometre | +7.5% |
| 2012 | 1.99 million SLC per square kilometre | +7.5% |
| 2013 | 2.12 million SLC per square kilometre | +6.4% |
| 2014 | 2.12 million SLC per square kilometre | -0.2% |
| 2015 | 2.03 million SLC per square kilometre | -4.0% |
| 2016 | 2.11 million SLC per square kilometre | +4.0% |
| 2017 | 2.17 million SLC per square kilometre | +2.6% |
| 2018 | 2.22 million SLC per square kilometre | +2.2% |
| 2019 | 2.43 million SLC per square kilometre | +9.5% |
| 2020 | 2.33 million SLC per square kilometre | -3.9% |
| 2021 | 2.35 million SLC per square kilometre | +0.7% |
| 2022 | 2.47 million SLC per square kilometre | +5.2% |
| 2023 | 2.47 million SLC per square kilometre | -0.0% |
Norway compared with similar countries
- Norway's 2.47 million SLC per square kilometre is above the median for high income countries, which is 1.92 million SLC per square kilometre, 1.3× the median. (73 countries reporting)
- Norway's 2.47 million SLC per square kilometre is above the median for Europe & Central Asia, which is 1.13 million SLC per square kilometre, 2.2× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8396 million SLC per square kilometre | 0.6143 million SLC per square kilometre | 1.03 million SLC per square kilometre | 10 |
| 1980s | 1.02 million SLC per square kilometre | 0.9196 million SLC per square kilometre | 1.09 million SLC per square kilometre | 10 |
| 1990s | 1.07 million SLC per square kilometre | 0.8816 million SLC per square kilometre | 1.42 million SLC per square kilometre | 10 |
| 2000s | 1.58 million SLC per square kilometre | 1.29 million SLC per square kilometre | 1.98 million SLC per square kilometre | 10 |
| 2010s | 2.08 million SLC per square kilometre | 1.73 million SLC per square kilometre | 2.43 million SLC per square kilometre | 10 |
| 2020s | 2.41 million SLC per square kilometre | 2.33 million SLC per square kilometre | 2.47 million SLC per square kilometre | 4 |
Countries ranked near Norway
- 87 Mexico 2.53 million SLC per square kilometre compare
- 88 British Virgin Islands 2.52 million SLC per square kilometre compare
- 89 Saint Vincent and the Grenadines 2.47 million SLC per square kilometre compare
- 91 Sao Tome and Principe 2.34 million SLC per square kilometre compare
- 92 Angola 2.33 million SLC per square kilometre compare
- 93 Bhutan 2.21 million SLC per square kilometre compare
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 2.47 million SLC per square kilometre in 2023, 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 2.47 million SLC per square kilometre in 2022.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Norway?
- The lowest recorded value was 0.6143 million SLC per square kilometre in 1970.
- How does Norway rank for gross fixed capital formation — value standard local currency, 2015?
- Norway ranks 90th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Norway?
- Over the last ten years it is up 16.5%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.