Gross Fixed Capital Formation — Value US$, per square kilometre in Norway
Norway: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.311 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.311 million USD per square kilometre
Change on year
down 3.1%
World rank
68th
of 194 countries
All-time high
0.3377 million USD per square kilometre
in 2013
All-time low
0.0098 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, per square kilometre in Norway, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, per square kilometre in Norway is 0.311 million USD per square kilometre, measured in 2023.
That represents a change of down 3.1% on the previous year and down 7.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Norway peaked at 0.3377 million USD per square kilometre in 2013 and was at its lowest, 0.0098 million USD per square kilometre, in 1970.
That places Norway 68th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Norway, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0098 million USD per square kilometre | — |
| 1971 | 0.0122 million USD per square kilometre | +24.3% |
| 1972 | 0.0137 million USD per square kilometre | +12.4% |
| 1973 | 0.0186 million USD per square kilometre | +35.2% |
| 1974 | 0.0236 million USD per square kilometre | +27.4% |
| 1975 | 0.0313 million USD per square kilometre | +32.4% |
| 1976 | 0.0365 million USD per square kilometre | +16.7% |
| 1977 | 0.0423 million USD per square kilometre | +15.9% |
| 1978 | 0.0405 million USD per square kilometre | -4.3% |
| 1979 | 0.0444 million USD per square kilometre | +9.6% |
| 1980 | 0.0492 million USD per square kilometre | +11.0% |
| 1981 | 0.0491 million USD per square kilometre | -0.3% |
| 1982 | 0.0486 million USD per square kilometre | -0.9% |
| 1983 | 0.0488 million USD per square kilometre | +0.3% |
| 1984 | 0.0468 million USD per square kilometre | -4.1% |
| 1985 | 0.0465 million USD per square kilometre | -0.5% |
| 1986 | 0.0621 million USD per square kilometre | +33.4% |
| 1987 | 0.0752 million USD per square kilometre | +21.0% |
| 1988 | 0.0828 million USD per square kilometre | +10.2% |
| 1989 | 0.0755 million USD per square kilometre | -8.9% |
| 1990 | 0.0749 million USD per square kilometre | -0.7% |
| 1991 | 0.0726 million USD per square kilometre | -3.1% |
| 1992 | 0.0748 million USD per square kilometre | +3.1% |
| 1993 | 0.0703 million USD per square kilometre | -6.0% |
| 1994 | 0.0753 million USD per square kilometre | +7.0% |
| 1995 | 0.0893 million USD per square kilometre | +18.6% |
| 1996 | 0.0977 million USD per square kilometre | +9.5% |
| 1997 | 0.1041 million USD per square kilometre | +6.5% |
| 1998 | 0.1119 million USD per square kilometre | +7.6% |
| 1999 | 0.1043 million USD per square kilometre | -6.8% |
| 2000 | 0.093 million USD per square kilometre | -10.9% |
| 2001 | 0.0931 million USD per square kilometre | +0.1% |
| 2002 | 0.104 million USD per square kilometre | +11.8% |
| 2003 | 0.1184 million USD per square kilometre | +13.8% |
| 2004 | 0.1423 million USD per square kilometre | +20.2% |
| 2005 | 0.1723 million USD per square kilometre | +21.1% |
| 2006 | 0.1983 million USD per square kilometre | +15.1% |
| 2007 | 0.2591 million USD per square kilometre | +30.7% |
| 2008 | 0.2864 million USD per square kilometre | +10.5% |
| 2009 | 0.2461 million USD per square kilometre | -14.1% |
| 2010 | 0.2437 million USD per square kilometre | -1.0% |
| 2011 | 0.2937 million USD per square kilometre | +20.5% |
| 2012 | 0.3133 million USD per square kilometre | +6.7% |
| 2013 | 0.3377 million USD per square kilometre | +7.8% |
| 2014 | 0.326 million USD per square kilometre | -3.5% |
| 2015 | 0.2519 million USD per square kilometre | -22.7% |
| 2016 | 0.2547 million USD per square kilometre | +1.1% |
| 2017 | 0.2681 million USD per square kilometre | +5.3% |
| 2018 | 0.2865 million USD per square kilometre | +6.9% |
| 2019 | 0.2982 million USD per square kilometre | +4.1% |
| 2020 | 0.2769 million USD per square kilometre | -7.1% |
| 2021 | 0.3171 million USD per square kilometre | +14.5% |
| 2022 | 0.321 million USD per square kilometre | +1.2% |
| 2023 | 0.311 million USD per square kilometre | -3.1% |
Norway compared with similar countries
- Norway's 0.311 million USD per square kilometre is below the median for high income countries, which is 0.7652 million USD per square kilometre, 41% of the median. (73 countries reporting)
- Norway's 0.311 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.3249 million USD per square kilometre, 96% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0273 million USD per square kilometre | 0.0098 million USD per square kilometre | 0.0444 million USD per square kilometre | 10 |
| 1980s | 0.0585 million USD per square kilometre | 0.0465 million USD per square kilometre | 0.0828 million USD per square kilometre | 10 |
| 1990s | 0.0875 million USD per square kilometre | 0.0703 million USD per square kilometre | 0.1119 million USD per square kilometre | 10 |
| 2000s | 0.1713 million USD per square kilometre | 0.093 million USD per square kilometre | 0.2864 million USD per square kilometre | 10 |
| 2010s | 0.2874 million USD per square kilometre | 0.2437 million USD per square kilometre | 0.3377 million USD per square kilometre | 10 |
| 2020s | 0.3065 million USD per square kilometre | 0.2769 million USD per square kilometre | 0.321 million USD per square kilometre | 4 |
Countries ranked near Norway
- 65 Philippines 0.3464 million USD per square kilometre compare
- 66 Croatia 0.3388 million USD per square kilometre compare
- 67 Dominica 0.3346 million USD per square kilometre compare
- 69 Lithuania 0.3031 million USD per square kilometre compare
- 70 Marshall Islands 0.2909 million USD per square kilometre compare
- 71 Greece 0.2879 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Norway?
- Gross fixed capital formation — value us$, per square kilometre in Norway was 0.311 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Norway?
- The highest recorded value was 0.3377 million USD per square kilometre in 2013.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Norway?
- The lowest recorded value was 0.0098 million USD per square kilometre in 1970.
- How does Norway rank for gross fixed capital formation — value us$, per square kilometre?
- Norway ranks 68th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Norway?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, per 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.