Gross Fixed Capital Formation — Value Standard Local Currency, per in Norway
Norway: Gross Fixed Capital Formation — Value Standard Local Currency, per was 3.29 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
3.29 million SLC per square kilometre
Change on year
up 6.5%
World rank
94th
of 194 countries
All-time high
3.29 million SLC per square kilometre
in 2023
All-time low
0.0702 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Norway, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Norway is 3.29 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 6.5% on the previous year and up 65.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Norway peaked at 3.29 million SLC per square kilometre in 2023 and was at its lowest, 0.0702 million SLC per square kilometre, in 1970.
That places Norway 94th out of 194 countries with data for 2023, putting it 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 — Value Standard Local Currency, per in Norway, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0702 million SLC per square kilometre | — |
| 1971 | 0.0861 million SLC per square kilometre | +22.8% |
| 1972 | 0.0904 million SLC per square kilometre | +4.9% |
| 1973 | 0.107 million SLC per square kilometre | +18.4% |
| 1974 | 0.1309 million SLC per square kilometre | +22.4% |
| 1975 | 0.1636 million SLC per square kilometre | +24.9% |
| 1976 | 0.1992 million SLC per square kilometre | +21.8% |
| 1977 | 0.2252 million SLC per square kilometre | +13.1% |
| 1978 | 0.2123 million SLC per square kilometre | -5.8% |
| 1979 | 0.2246 million SLC per square kilometre | +5.8% |
| 1980 | 0.2432 million SLC per square kilometre | +8.2% |
| 1981 | 0.2816 million SLC per square kilometre | +15.8% |
| 1982 | 0.3137 million SLC per square kilometre | +11.4% |
| 1983 | 0.3558 million SLC per square kilometre | +13.4% |
| 1984 | 0.3817 million SLC per square kilometre | +7.3% |
| 1985 | 0.4002 million SLC per square kilometre | +4.8% |
| 1986 | 0.4591 million SLC per square kilometre | +14.7% |
| 1987 | 0.5063 million SLC per square kilometre | +10.3% |
| 1988 | 0.5397 million SLC per square kilometre | +6.6% |
| 1989 | 0.5211 million SLC per square kilometre | -3.4% |
| 1990 | 0.469 million SLC per square kilometre | -10.0% |
| 1991 | 0.4706 million SLC per square kilometre | +0.4% |
| 1992 | 0.4649 million SLC per square kilometre | -1.2% |
| 1993 | 0.4991 million SLC per square kilometre | +7.3% |
| 1994 | 0.5314 million SLC per square kilometre | +6.5% |
| 1995 | 0.5656 million SLC per square kilometre | +6.4% |
| 1996 | 0.6304 million SLC per square kilometre | +11.5% |
| 1997 | 0.7362 million SLC per square kilometre | +16.8% |
| 1998 | 0.8447 million SLC per square kilometre | +14.7% |
| 1999 | 0.8135 million SLC per square kilometre | -3.7% |
| 2000 | 0.8184 million SLC per square kilometre | +0.6% |
| 2001 | 0.8367 million SLC per square kilometre | +2.2% |
| 2002 | 0.8307 million SLC per square kilometre | -0.7% |
| 2003 | 0.8382 million SLC per square kilometre | +0.9% |
| 2004 | 0.9594 million SLC per square kilometre | +14.5% |
| 2005 | 1.11 million SLC per square kilometre | +15.7% |
| 2006 | 1.27 million SLC per square kilometre | +14.5% |
| 2007 | 1.52 million SLC per square kilometre | +19.4% |
| 2008 | 1.62 million SLC per square kilometre | +6.3% |
| 2009 | 1.55 million SLC per square kilometre | -4.2% |
| 2010 | 1.47 million SLC per square kilometre | -4.8% |
| 2011 | 1.65 million SLC per square kilometre | +11.7% |
| 2012 | 1.82 million SLC per square kilometre | +10.7% |
| 2013 | 1.98 million SLC per square kilometre | +8.9% |
| 2014 | 2.05 million SLC per square kilometre | +3.5% |
| 2015 | 2.03 million SLC per square kilometre | -1.1% |
| 2016 | 2.14 million SLC per square kilometre | +5.3% |
| 2017 | 2.22 million SLC per square kilometre | +3.7% |
| 2018 | 2.33 million SLC per square kilometre | +5.1% |
| 2019 | 2.62 million SLC per square kilometre | +12.6% |
| 2020 | 2.61 million SLC per square kilometre | -0.6% |
| 2021 | 2.72 million SLC per square kilometre | +4.5% |
| 2022 | 3.09 million SLC per square kilometre | +13.3% |
| 2023 | 3.29 million SLC per square kilometre | +6.5% |
Norway compared with similar countries
- Norway's 3.29 million SLC per square kilometre is above the median for high income countries, which is 2.4 million SLC per square kilometre, 1.4× the median. (73 countries reporting)
- Norway's 3.29 million SLC per square kilometre is above the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 1.7× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1509 million SLC per square kilometre | 0.0702 million SLC per square kilometre | 0.2252 million SLC per square kilometre | 10 |
| 1980s | 0.4002 million SLC per square kilometre | 0.2432 million SLC per square kilometre | 0.5397 million SLC per square kilometre | 10 |
| 1990s | 0.6025 million SLC per square kilometre | 0.4649 million SLC per square kilometre | 0.8447 million SLC per square kilometre | 10 |
| 2000s | 1.13 million SLC per square kilometre | 0.8184 million SLC per square kilometre | 1.62 million SLC per square kilometre | 10 |
| 2010s | 2.03 million SLC per square kilometre | 1.47 million SLC per square kilometre | 2.62 million SLC per square kilometre | 10 |
| 2020s | 2.93 million SLC per square kilometre | 2.61 million SLC per square kilometre | 3.29 million SLC per square kilometre | 4 |
Countries ranked near Norway
- 91 Vanuatu 3.44 million SLC per square kilometre compare
- 92 Saint Kitts and Nevis 3.4 million SLC per square kilometre compare
- 93 Nauru 3.36 million SLC per square kilometre compare
- 95 Bhutan 2.99 million SLC per square kilometre compare
- 96 Uruguay 2.98 million SLC per square kilometre compare
- 97 Saint Vincent and the Grenadines 2.85 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, per in Norway?
- Gross fixed capital formation — value standard local currency, per in Norway was 3.29 million SLC per square kilometre in 2023, 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 3.29 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Norway?
- The lowest recorded value was 0.0702 million SLC per square kilometre in 1970.
- How does Norway rank for gross fixed capital formation — value standard local currency, per?
- Norway ranks 94th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Norway?
- Over the last ten years it is up 65.6%. 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 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.