Gross Fixed Capital Formation — Value US$, 2015 prices, per capita in Norway
Norway: Gross Fixed Capital Formation — Value US$, 2015 prices, per capita was 0.0196 million USD per person in 2024. ▲ Rising
Latest (2024)
0.0196 million USD per person
Change on year
down 2.8%
World rank
6th
of 194 countries
All-time high
0.0205 million USD per person
in 2019
All-time low
0.0072 million USD per person
in 1970
Years of data
55
1970–2024
Gross Fixed Capital Formation — Value US$, 2015 prices, per capita in Norway, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
Norway recorded 0.0196 million USD per person for gross fixed capital formation — value us$, 2015 prices, per capita in 2024.
Compared with earlier readings it is down 2.8% on the previous year and up 5.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per capita in Norway peaked at 0.0205 million USD per person in 2019 and was at its lowest, 0.0072 million USD per person, in 1970.
Norway ranks 6th of 194 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per capita in Norway, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0072 million USD per person | — |
| 1971 | 0.0083 million USD per person | +15.5% |
| 1972 | 0.008 million USD per person | -3.3% |
| 1973 | 0.0089 million USD per person | +10.9% |
| 1974 | 0.0094 million USD per person | +5.4% |
| 1975 | 0.0102 million USD per person | +9.3% |
| 1976 | 0.0112 million USD per person | +9.4% |
| 1977 | 0.0115 million USD per person | +2.6% |
| 1978 | 0.0102 million USD per person | -11.3% |
| 1979 | 0.0104 million USD per person | +1.6% |
| 1980 | 0.0102 million USD per person | -1.5% |
| 1981 | 0.0107 million USD per person | +4.7% |
| 1982 | 0.0107 million USD per person | +0.4% |
| 1983 | 0.0113 million USD per person | +5.2% |
| 1984 | 0.0114 million USD per person | +1.0% |
| 1985 | 0.011 million USD per person | -3.5% |
| 1986 | 0.0118 million USD per person | +7.0% |
| 1987 | 0.0118 million USD per person | +0.3% |
| 1988 | 0.0116 million USD per person | -1.5% |
| 1989 | 0.0108 million USD per person | -7.1% |
| 1990 | 0.0096 million USD per person | -10.6% |
| 1991 | 0.0096 million USD per person | -0.9% |
| 1992 | 0.0093 million USD per person | -2.5% |
| 1993 | 0.0097 million USD per person | +4.6% |
| 1994 | 0.0102 million USD per person | +4.7% |
| 1995 | 0.0105 million USD per person | +2.7% |
| 1996 | 0.0114 million USD per person | +8.8% |
| 1997 | 0.013 million USD per person | +14.1% |
| 1998 | 0.0145 million USD per person | +11.6% |
| 1999 | 0.0137 million USD per person | -5.6% |
| 2000 | 0.0132 million USD per person | -3.9% |
| 2001 | 0.013 million USD per person | -1.1% |
| 2002 | 0.0129 million USD per person | -0.9% |
| 2003 | 0.0129 million USD per person | -0.1% |
| 2004 | 0.0141 million USD per person | +9.5% |
| 2005 | 0.0157 million USD per person | +11.1% |
| 2006 | 0.017 million USD per person | +8.2% |
| 2007 | 0.0189 million USD per person | +11.1% |
| 2008 | 0.0188 million USD per person | -0.1% |
| 2009 | 0.0173 million USD per person | -8.2% |
| 2010 | 0.016 million USD per person | -7.6% |
| 2011 | 0.017 million USD per person | +6.1% |
| 2012 | 0.018 million USD per person | +6.1% |
| 2013 | 0.0189 million USD per person | +5.1% |
| 2014 | 0.0187 million USD per person | -1.4% |
| 2015 | 0.0177 million USD per person | -5.0% |
| 2016 | 0.0183 million USD per person | +3.0% |
| 2017 | 0.0186 million USD per person | +1.8% |
| 2018 | 0.0189 million USD per person | +1.6% |
| 2019 | 0.0205 million USD per person | +8.8% |
| 2020 | 0.0196 million USD per person | -4.7% |
| 2021 | 0.0196 million USD per person | +0.2% |
| 2022 | 0.0205 million USD per person | +4.3% |
| 2023 | 0.0202 million USD per person | -1.1% |
| 2024 | 0.0196 million USD per person | -2.8% |
Norway compared with similar countries
- Norway's 0.0196 million USD per person is above the median for high income countries, which is 0.007 million USD per person, 2.8× the median. (73 countries reporting)
- Norway's 0.0196 million USD per person is above the median for Europe & Central Asia, which is 0.0044 million USD per person, 4.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0095 million USD per person | 0.0072 million USD per person | 0.0115 million USD per person | 10 |
| 1980s | 0.0111 million USD per person | 0.0102 million USD per person | 0.0118 million USD per person | 10 |
| 1990s | 0.0112 million USD per person | 0.0093 million USD per person | 0.0145 million USD per person | 10 |
| 2000s | 0.0154 million USD per person | 0.0129 million USD per person | 0.0189 million USD per person | 10 |
| 2010s | 0.0183 million USD per person | 0.016 million USD per person | 0.0205 million USD per person | 10 |
| 2020s | 0.0199 million USD per person | 0.0196 million USD per person | 0.0205 million USD per person | 5 |
Countries ranked near Norway
- 3 Qatar 0.0335 million USD per person compare
- 4 Switzerland 0.0219 million USD per person compare
- 5 Greenland 0.0216 million USD per person compare
- 7 Luxembourg 0.0164 million USD per person compare
- 8 Cayman Islands 0.016 million USD per person compare
- 9 Singapore 0.016 million USD 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per capita in Norway?
- Gross fixed capital formation — value us$, 2015 prices, per capita in Norway was 0.0196 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per capita recorded in Norway?
- The highest recorded value was 0.0205 million USD per person in 2019.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per capita recorded in Norway?
- The lowest recorded value was 0.0072 million USD per person in 1970.
- How does Norway rank for gross fixed capital formation — value us$, 2015 prices, per capita?
- Norway ranks 6th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, per capita rising or falling in Norway?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.