Gross Fixed Capital Formation — Value US$, per capita in Norway
Norway: Gross Fixed Capital Formation — Value US$, per capita was 0.0206 million USD per person in 2024. ◆ Volatile
Latest (2024)
0.0206 million USD per person
Change on year
up 0.2%
World rank
7th
of 194 countries
All-time high
0.0243 million USD per person
in 2013
All-time low
0.0009 million USD per person
in 1970
Years of data
55
1970–2024
Gross Fixed Capital Formation — Value US$, per capita in Norway, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
In 2024, gross fixed capital formation — value us$, per capita in Norway stood at 0.0206 million USD per person.
The figure is up 0.2% on the previous year and down 11.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, per capita in Norway peaked at 0.0243 million USD per person in 2013 and was at its lowest, 0.0009 million USD per person, in 1970.
That places Norway 7th out of 194 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per capita in Norway, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0009 million USD per person | — |
| 1971 | 0.0011 million USD per person | +23.4% |
| 1972 | 0.0013 million USD per person | +11.5% |
| 1973 | 0.0017 million USD per person | +34.3% |
| 1974 | 0.0022 million USD per person | +26.6% |
| 1975 | 0.0029 million USD per person | +31.7% |
| 1976 | 0.0033 million USD per person | +16.1% |
| 1977 | 0.0038 million USD per person | +15.4% |
| 1978 | 0.0036 million USD per person | -4.7% |
| 1979 | 0.004 million USD per person | +9.2% |
| 1980 | 0.0044 million USD per person | +10.6% |
| 1981 | 0.0044 million USD per person | -0.7% |
| 1982 | 0.0043 million USD per person | -1.3% |
| 1983 | 0.0043 million USD per person | -0.0% |
| 1984 | 0.0041 million USD per person | -4.4% |
| 1985 | 0.0041 million USD per person | -0.8% |
| 1986 | 0.0054 million USD per person | +32.9% |
| 1987 | 0.0066 million USD per person | +20.5% |
| 1988 | 0.0072 million USD per person | +9.6% |
| 1989 | 0.0065 million USD per person | -9.2% |
| 1990 | 0.0065 million USD per person | -1.1% |
| 1991 | 0.0062 million USD per person | -3.6% |
| 1992 | 0.0064 million USD per person | +2.5% |
| 1993 | 0.006 million USD per person | -6.5% |
| 1994 | 0.0063 million USD per person | +6.4% |
| 1995 | 0.0075 million USD per person | +17.9% |
| 1996 | 0.0081 million USD per person | +8.9% |
| 1997 | 0.0086 million USD per person | +5.9% |
| 1998 | 0.0092 million USD per person | +6.9% |
| 1999 | 0.0085 million USD per person | -7.5% |
| 2000 | 0.0076 million USD per person | -11.4% |
| 2001 | 0.0075 million USD per person | -0.4% |
| 2002 | 0.0084 million USD per person | +11.2% |
| 2003 | 0.0095 million USD per person | +13.1% |
| 2004 | 0.0113 million USD per person | +19.5% |
| 2005 | 0.0136 million USD per person | +20.3% |
| 2006 | 0.0155 million USD per person | +14.1% |
| 2007 | 0.0201 million USD per person | +29.3% |
| 2008 | 0.0219 million USD per person | +9.2% |
| 2009 | 0.0186 million USD per person | -15.1% |
| 2010 | 0.0182 million USD per person | -2.2% |
| 2011 | 0.0217 million USD per person | +18.9% |
| 2012 | 0.0228 million USD per person | +5.3% |
| 2013 | 0.0243 million USD per person | +6.5% |
| 2014 | 0.0232 million USD per person | -4.6% |
| 2015 | 0.0177 million USD per person | -23.5% |
| 2016 | 0.0178 million USD per person | +0.2% |
| 2017 | 0.0186 million USD per person | +4.4% |
| 2018 | 0.0197 million USD per person | +6.1% |
| 2019 | 0.0204 million USD per person | +3.4% |
| 2020 | 0.0188 million USD per person | -7.9% |
| 2021 | 0.0214 million USD per person | +13.9% |
| 2022 | 0.0214 million USD per person | +0.3% |
| 2023 | 0.0205 million USD per person | -4.2% |
| 2024 | 0.0206 million USD per person | +0.2% |
Norway compared with similar countries
- Norway's 0.0206 million USD per person is above the median for high income countries, which is 0.0085 million USD per person, 2.4× the median. (73 countries reporting)
- Norway's 0.0206 million USD per person is above the median for Europe & Central Asia, which is 0.0056 million USD per person, 3.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0025 million USD per person | 0.0009 million USD per person | 0.004 million USD per person | 10 |
| 1980s | 0.0051 million USD per person | 0.0041 million USD per person | 0.0072 million USD per person | 10 |
| 1990s | 0.0073 million USD per person | 0.006 million USD per person | 0.0092 million USD per person | 10 |
| 2000s | 0.0134 million USD per person | 0.0075 million USD per person | 0.0219 million USD per person | 10 |
| 2010s | 0.0204 million USD per person | 0.0177 million USD per person | 0.0243 million USD per person | 10 |
| 2020s | 0.0205 million USD per person | 0.0188 million USD per person | 0.0214 million USD per person | 5 |
Countries ranked near Norway
- 4 Switzerland 0.0254 million USD per person compare
- 5 Iceland 0.0222 million USD per person compare
- 6 Luxembourg 0.0216 million USD per person compare
- 8 Cayman Islands 0.0204 million USD per person compare
- 9 Singapore 0.0195 million USD per person compare
- 10 United States 0.0185 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per capita in Norway?
- Gross fixed capital formation — value us$, per capita in Norway was 0.0206 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per capita recorded in Norway?
- The highest recorded value was 0.0243 million USD per person in 2013.
- What is the lowest gross fixed capital formation — value us$, per capita recorded in Norway?
- The lowest recorded value was 0.0009 million USD per person in 1970.
- How does Norway rank for gross fixed capital formation — value us$, per capita?
- Norway ranks 7th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value us$, per capita rising or falling in Norway?
- Over the last ten years it is down 11.2%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$ 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$ ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.