Gross Fixed Capital Formation — Value Standard Local Currency, per in Norway
Norway: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.221 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Norway, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Norway recorded 0.221 million SLC per person for gross fixed capital formation — value standard local currency, per in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.9% on the previous year and up 51.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Norway peaked at 0.221 million SLC per person in 2024 and was at its lowest, 0.0066 million SLC per person, in 1970.
Norway ranks 44th of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Norway, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0066 million SLC per person | — |
| 1971 | 0.0081 million SLC per person | +21.9% |
| 1972 | 0.0084 million SLC per person | +4.1% |
| 1973 | 0.0099 million SLC per person | +17.5% |
| 1974 | 0.012 million SLC per person | +21.6% |
| 1975 | 0.0149 million SLC per person | +24.2% |
| 1976 | 0.0181 million SLC per person | +21.2% |
| 1977 | 0.0203 million SLC per person | +12.6% |
| 1978 | 0.0191 million SLC per person | -6.1% |
| 1979 | 0.0201 million SLC per person | +5.5% |
| 1980 | 0.0217 million SLC per person | +7.9% |
| 1981 | 0.0251 million SLC per person | +15.4% |
| 1982 | 0.0278 million SLC per person | +11.0% |
| 1983 | 0.0315 million SLC per person | +13.0% |
| 1984 | 0.0337 million SLC per person | +7.0% |
| 1985 | 0.0352 million SLC per person | +4.5% |
| 1986 | 0.0402 million SLC per person | +14.3% |
| 1987 | 0.0442 million SLC per person | +9.8% |
| 1988 | 0.0468 million SLC per person | +6.0% |
| 1989 | 0.045 million SLC per person | -3.8% |
| 1990 | 0.0404 million SLC per person | -10.3% |
| 1991 | 0.0403 million SLC per person | -0.1% |
| 1992 | 0.0396 million SLC per person | -1.8% |
| 1993 | 0.0423 million SLC per person | +6.7% |
| 1994 | 0.0448 million SLC per person | +5.9% |
| 1995 | 0.0474 million SLC per person | +5.9% |
| 1996 | 0.0525 million SLC per person | +10.9% |
| 1997 | 0.061 million SLC per person | +16.2% |
| 1998 | 0.0696 million SLC per person | +14.1% |
| 1999 | 0.0666 million SLC per person | -4.4% |
| 2000 | 0.0666 million SLC per person | -0.0% |
| 2001 | 0.0677 million SLC per person | +1.7% |
| 2002 | 0.0669 million SLC per person | -1.3% |
| 2003 | 0.0671 million SLC per person | +0.3% |
| 2004 | 0.0763 million SLC per person | +13.8% |
| 2005 | 0.0877 million SLC per person | +14.9% |
| 2006 | 0.0997 million SLC per person | +13.6% |
| 2007 | 0.1178 million SLC per person | +18.2% |
| 2008 | 0.1237 million SLC per person | +5.0% |
| 2009 | 0.1171 million SLC per person | -5.4% |
| 2010 | 0.1101 million SLC per person | -6.0% |
| 2011 | 0.1214 million SLC per person | +10.3% |
| 2012 | 0.1327 million SLC per person | +9.3% |
| 2013 | 0.1426 million SLC per person | +7.5% |
| 2014 | 0.146 million SLC per person | +2.4% |
| 2015 | 0.143 million SLC per person | -2.1% |
| 2016 | 0.1492 million SLC per person | +4.4% |
| 2017 | 0.1535 million SLC per person | +2.8% |
| 2018 | 0.1601 million SLC per person | +4.4% |
| 2019 | 0.1792 million SLC per person | +11.9% |
| 2020 | 0.1766 million SLC per person | -1.4% |
| 2021 | 0.1835 million SLC per person | +3.9% |
| 2022 | 0.206 million SLC per person | +12.3% |
| 2023 | 0.2168 million SLC per person | +5.3% |
| 2024 | 0.221 million SLC per person | +1.9% |
Norway compared with similar countries
- Norway's 0.221 million SLC per person is above the median for high income countries, which is 0.0157 million SLC per person, 14.1× the median. (73 countries reporting)
- Norway's 0.221 million SLC per person is above the median for Europe & Central Asia, which is 0.0141 million SLC per person, 15.7× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0138 million SLC per person | 0.0066 million SLC per person | 0.0203 million SLC per person | 10 |
| 1980s | 0.0351 million SLC per person | 0.0217 million SLC per person | 0.0468 million SLC per person | 10 |
| 1990s | 0.0505 million SLC per person | 0.0396 million SLC per person | 0.0696 million SLC per person | 10 |
| 2000s | 0.089 million SLC per person | 0.0666 million SLC per person | 0.1237 million SLC per person | 10 |
| 2010s | 0.1438 million SLC per person | 0.1101 million SLC per person | 0.1792 million SLC per person | 10 |
| 2020s | 0.2008 million SLC per person | 0.1766 million SLC per person | 0.221 million SLC per person | 5 |
Countries ranked near Norway
- 41 Algeria 0.254 million SLC per person compare
- 42 Albania 0.246 million SLC per person compare
- 43 Cameroon 0.2285 million SLC per person compare
- 45 Angola 0.2082 million SLC per person compare
- 46 Czechia 0.1931 million SLC per person compare
- 47 Dominican Republic 0.1896 million SLC per person 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, per in Norway?
- Gross fixed capital formation — value standard local currency, per in Norway was 0.221 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Norway?
- The highest recorded value was 0.221 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Norway?
- The lowest recorded value was 0.0066 million SLC per person in 1970.
- How does Norway rank for gross fixed capital formation — value standard local currency, per?
- Norway ranks 44th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Norway?
- Over the last ten years it is up 51.4%. The long-run trend across the full record is volatile.
- 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, 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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.