Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Norway

Norway: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was -1.91 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-1.91 % change on previous year
Change on year
down 23,635.2%
World rank
199th
of 235 countries
All-time high
16.29 % change on previous year
in 1971
All-time low
-10.94 % change on previous year
in 1978
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Norway, 1971–2024

-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Norway recorded -1.91 % change on previous year for gross fixed capital formation — value us$, 2015 prices, annual growth in 2024.

Compared with earlier readings it is down 23,635.2% on the previous year and down 659.4% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Norway peaked at 16.29 % change on previous year in 1971 and was at its lowest, -10.94 % change on previous year, in 1978.

That places Norway 199th out of 235 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Norway, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate in Norway, 1971 to 2024.
Year % change on previous year Change
1971 16.29 % change on previous year
1972 -2.58 % change on previous year -115.8%
1973 11.7 % change on previous year -553.7%
1974 6.02 % change on previous year -48.6%
1975 9.87 % change on previous year +64.0%
1976 9.91 % change on previous year +0.4%
1977 3.04 % change on previous year -69.3%
1978 -10.94 % change on previous year -459.6%
1979 1.92 % change on previous year -117.6%
1980 -1.2 % change on previous year -162.4%
1981 5.04 % change on previous year -520.1%
1982 0.7945 % change on previous year -84.2%
1983 5.5 % change on previous year +592.7%
1984 1.3 % change on previous year -76.5%
1985 -3.16 % change on previous year -344.2%
1986 7.4 % change on previous year -333.9%
1987 0.77 % change on previous year -89.6%
1988 -1.01 % change on previous year -231.1%
1989 -6.75 % change on previous year +568.1%
1990 -10.31 % change on previous year +52.9%
1991 -0.3971 % change on previous year -96.1%
1992 -1.97 % change on previous year +396.6%
1993 5.26 % change on previous year -366.5%
1994 5.25 % change on previous year -0.1%
1995 3.23 % change on previous year -38.6%
1996 9.36 % change on previous year +190.0%
1997 14.76 % change on previous year +57.7%
1998 12.31 % change on previous year -16.6%
1999 -4.93 % change on previous year -140.0%
2000 -3.29 % change on previous year -33.2%
2001 -0.6128 % change on previous year -81.4%
2002 -0.3535 % change on previous year -42.3%
2003 0.489 % change on previous year -238.3%
2004 10.15 % change on previous year +1974.9%
2005 11.88 % change on previous year +17.1%
2006 9.07 % change on previous year -23.7%
2007 12.25 % change on previous year +35.1%
2008 1.13 % change on previous year -90.8%
2009 -7.02 % change on previous year -721.0%
2010 -6.42 % change on previous year -8.5%
2011 7.45 % change on previous year -216.0%
2012 7.54 % change on previous year +1.2%
2013 6.33 % change on previous year -16.0%
2014 -0.252 % change on previous year -104.0%
2015 -4 % change on previous year +1488.9%
2016 3.94 % change on previous year -198.5%
2017 2.63 % change on previous year -33.2%
2018 2.22 % change on previous year -15.6%
2019 9.51 % change on previous year +327.6%
2020 -4.1 % change on previous year -143.1%
2021 0.6928 % change on previous year -116.9%
2022 5.23 % change on previous year +654.2%
2023 -0.0081 % change on previous year -100.2%
2024 -1.91 % change on previous year +23635.2%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2024 -23635.2% -0.0081 % change on previous year -1.91 % change on previous year
2004 +1974.9% 0.489 % change on previous year 10.15 % change on previous year
2015 -1488.9% -0.252 % change on previous year -4 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.02 % change on previous year -10.94 % change on previous year 16.29 % change on previous year 9
1980s 0.8685 % change on previous year -6.75 % change on previous year 7.4 % change on previous year 10
1990s 3.26 % change on previous year -10.31 % change on previous year 14.76 % change on previous year 10
2000s 3.37 % change on previous year -7.02 % change on previous year 12.25 % change on previous year 10
2010s 2.9 % change on previous year -6.42 % change on previous year 9.51 % change on previous year 10
2020s -0.021 % change on previous year -4.1 % change on previous year 5.23 % change on previous year 5

Countries ranked near Norway

  1. 196 Uruguay -1.33 % change on previous year compare
  2. 197 Chile -1.45 % change on previous year compare
  3. 198 Tajikistan -1.67 % change on previous year compare
  4. 200 Eritrea -1.96 % change on previous year compare
  5. 201 Equatorial Guinea -1.98 % change on previous year compare
  6. 202 Poland -2.24 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices, annual growth in Norway?
Gross fixed capital formation — value us$, 2015 prices, annual growth in Norway was -1.91 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Norway?
The highest recorded value was 16.29 % change on previous year in 1971.
What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Norway?
The lowest recorded value was -10.94 % change on previous year in 1978.
How does Norway rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
Norway ranks 199th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Norway?
Over the last ten years it is down 659.4%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Norway. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices-annual-growth-rate/norway/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,249 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.