Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Norway
Norway: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.3064 million USD per square kilometre in 2023. ▲ Rising
Latest (2023)
0.3064 million USD per square kilometre
Change on year
down 0.0%
World rank
64th
of 194 countries
All-time high
0.3065 million USD per square kilometre
in 2022
All-time low
0.0762 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Norway, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Norway stood at 0.3064 million USD per square kilometre.
That represents a change of up 16.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Norway peaked at 0.3065 million USD per square kilometre in 2022 and was at its lowest, 0.0762 million USD per square kilometre, in 1970.
That places Norway 64th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Norway, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0762 million USD per square kilometre | — |
| 1971 | 0.0886 million USD per square kilometre | +16.3% |
| 1972 | 0.0863 million USD per square kilometre | -2.6% |
| 1973 | 0.0964 million USD per square kilometre | +11.7% |
| 1974 | 0.1022 million USD per square kilometre | +6.0% |
| 1975 | 0.1123 million USD per square kilometre | +9.9% |
| 1976 | 0.1234 million USD per square kilometre | +9.9% |
| 1977 | 0.1272 million USD per square kilometre | +3.0% |
| 1978 | 0.1132 million USD per square kilometre | -10.9% |
| 1979 | 0.1154 million USD per square kilometre | +1.9% |
| 1980 | 0.114 million USD per square kilometre | -1.2% |
| 1981 | 0.1198 million USD per square kilometre | +5.0% |
| 1982 | 0.1207 million USD per square kilometre | +0.8% |
| 1983 | 0.1274 million USD per square kilometre | +5.5% |
| 1984 | 0.129 million USD per square kilometre | +1.3% |
| 1985 | 0.125 million USD per square kilometre | -3.2% |
| 1986 | 0.1342 million USD per square kilometre | +7.4% |
| 1987 | 0.1352 million USD per square kilometre | +0.8% |
| 1988 | 0.1339 million USD per square kilometre | -1.0% |
| 1989 | 0.1248 million USD per square kilometre | -6.7% |
| 1990 | 0.112 million USD per square kilometre | -10.3% |
| 1991 | 0.1115 million USD per square kilometre | -0.4% |
| 1992 | 0.1093 million USD per square kilometre | -2.0% |
| 1993 | 0.1151 million USD per square kilometre | +5.3% |
| 1994 | 0.1211 million USD per square kilometre | +5.3% |
| 1995 | 0.125 million USD per square kilometre | +3.2% |
| 1996 | 0.1367 million USD per square kilometre | +9.4% |
| 1997 | 0.1569 million USD per square kilometre | +14.8% |
| 1998 | 0.1762 million USD per square kilometre | +12.3% |
| 1999 | 0.1675 million USD per square kilometre | -4.9% |
| 2000 | 0.162 million USD per square kilometre | -3.3% |
| 2001 | 0.161 million USD per square kilometre | -0.6% |
| 2002 | 0.1605 million USD per square kilometre | -0.4% |
| 2003 | 0.1612 million USD per square kilometre | +0.5% |
| 2004 | 0.1776 million USD per square kilometre | +10.1% |
| 2005 | 0.1987 million USD per square kilometre | +11.9% |
| 2006 | 0.2167 million USD per square kilometre | +9.1% |
| 2007 | 0.2433 million USD per square kilometre | +12.3% |
| 2008 | 0.246 million USD per square kilometre | +1.1% |
| 2009 | 0.2288 million USD per square kilometre | -7.0% |
| 2010 | 0.2141 million USD per square kilometre | -6.4% |
| 2011 | 0.23 million USD per square kilometre | +7.5% |
| 2012 | 0.2474 million USD per square kilometre | +7.5% |
| 2013 | 0.2631 million USD per square kilometre | +6.4% |
| 2014 | 0.2625 million USD per square kilometre | -0.2% |
| 2015 | 0.2519 million USD per square kilometre | -4.0% |
| 2016 | 0.2619 million USD per square kilometre | +4.0% |
| 2017 | 0.2688 million USD per square kilometre | +2.6% |
| 2018 | 0.2748 million USD per square kilometre | +2.2% |
| 2019 | 0.3009 million USD per square kilometre | +9.5% |
| 2020 | 0.2892 million USD per square kilometre | -3.9% |
| 2021 | 0.2913 million USD per square kilometre | +0.7% |
| 2022 | 0.3065 million USD per square kilometre | +5.2% |
| 2023 | 0.3064 million USD per square kilometre | -0.0% |
Norway compared with similar countries
- Norway's 0.3064 million USD per square kilometre is below the median for high income countries, which is 0.6883 million USD per square kilometre, 45% of the median. (73 countries reporting)
- Norway's 0.3064 million USD per square kilometre is above the median for Europe & Central Asia, which is 0.2754 million USD per square kilometre, 1.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1041 million USD per square kilometre | 0.0762 million USD per square kilometre | 0.1272 million USD per square kilometre | 10 |
| 1980s | 0.1264 million USD per square kilometre | 0.114 million USD per square kilometre | 0.1352 million USD per square kilometre | 10 |
| 1990s | 0.1331 million USD per square kilometre | 0.1093 million USD per square kilometre | 0.1762 million USD per square kilometre | 10 |
| 2000s | 0.1956 million USD per square kilometre | 0.1605 million USD per square kilometre | 0.246 million USD per square kilometre | 10 |
| 2010s | 0.2575 million USD per square kilometre | 0.2141 million USD per square kilometre | 0.3009 million USD per square kilometre | 10 |
| 2020s | 0.2984 million USD per square kilometre | 0.2892 million USD per square kilometre | 0.3065 million USD per square kilometre | 4 |
Countries ranked near Norway
- 61 Philippines 0.3396 million USD per square kilometre compare
- 62 Panama 0.331 million USD per square kilometre compare
- 63 Marshall Islands 0.3102 million USD per square kilometre compare
- 65 Sri Lanka 0.3036 million USD per square kilometre compare
- 66 El Salvador 0.2867 million USD per square kilometre compare
- 67 Dominica 0.2835 million USD 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Norway?
- Gross fixed capital formation — value us$, 2015 prices, per square in Norway was 0.3064 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Norway?
- The highest recorded value was 0.3065 million USD per square kilometre in 2022.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Norway?
- The lowest recorded value was 0.0762 million USD per square kilometre in 1970.
- How does Norway rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Norway ranks 64th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Norway?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.