Gross Fixed Capital Formation — Value US$, per unit of GDP in Norway
Norway: Gross Fixed Capital Formation — Value US$, per unit of GDP was 0 million USD per US$ of GDP in 2024. ▼ Falling
Gross Fixed Capital Formation — Value US$, per unit of GDP in Norway, 1970–2024
Source: Statizoid (derived). Measured in million USD per US$ of GDP.
Analysis
In 2024, gross fixed capital formation — value us$, per unit of gdp in Norway stood at 0 million USD per US$ of GDP.
That represents a change of up 1.4% on the previous year and down 0.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, per unit of gdp in Norway peaked at 0 million USD per US$ of GDP in 1977 and was at its lowest, 0 million USD per US$ of GDP, in 2003.
Norway ranks 83rd of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, per unit of GDP in Norway, year by year
| Year | million USD per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million USD per US$ of GDP | — |
| 1971 | 0 million USD per US$ of GDP | +9.2% |
| 1972 | 0 million USD per US$ of GDP | -5.6% |
| 1973 | 0 million USD per US$ of GDP | +4.2% |
| 1974 | 0 million USD per US$ of GDP | +5.7% |
| 1975 | 0 million USD per US$ of GDP | +9.3% |
| 1976 | 0 million USD per US$ of GDP | +6.6% |
| 1977 | 0 million USD per US$ of GDP | +0.3% |
| 1978 | 0 million USD per US$ of GDP | -14.6% |
| 1979 | 0 million USD per US$ of GDP | -4.1% |
| 1980 | 0 million USD per US$ of GDP | -8.5% |
| 1981 | 0 million USD per US$ of GDP | +0.9% |
| 1982 | 0 million USD per US$ of GDP | +0.6% |
| 1983 | 0 million USD per US$ of GDP | +2.0% |
| 1984 | 0 million USD per US$ of GDP | -4.8% |
| 1985 | 0 million USD per US$ of GDP | -5.6% |
| 1986 | 0 million USD per US$ of GDP | +10.9% |
| 1987 | 0 million USD per US$ of GDP | +1.1% |
| 1988 | 0 million USD per US$ of GDP | +2.0% |
| 1989 | 0 million USD per US$ of GDP | -9.5% |
| 1990 | 0 million USD per US$ of GDP | -15.0% |
| 1991 | 0 million USD per US$ of GDP | -4.5% |
| 1992 | 0 million USD per US$ of GDP | -4.0% |
| 1993 | 0 million USD per US$ of GDP | +2.0% |
| 1994 | 0 million USD per US$ of GDP | +1.5% |
| 1995 | 0 million USD per US$ of GDP | -0.9% |
| 1996 | 0 million USD per US$ of GDP | +1.8% |
| 1997 | 0 million USD per US$ of GDP | +8.1% |
| 1998 | 0 million USD per US$ of GDP | +12.5% |
| 1999 | 0 million USD per US$ of GDP | -11.7% |
| 2000 | 0 million USD per US$ of GDP | -15.7% |
| 2001 | 0 million USD per US$ of GDP | -1.6% |
| 2002 | 0 million USD per US$ of GDP | -0.6% |
| 2003 | 0 million USD per US$ of GDP | -3.0% |
| 2004 | 0 million USD per US$ of GDP | +3.7% |
| 2005 | 0 million USD per US$ of GDP | +3.3% |
| 2006 | 0 million USD per US$ of GDP | +2.4% |
| 2007 | 0 million USD per US$ of GDP | +12.1% |
| 2008 | 0 million USD per US$ of GDP | -4.5% |
| 2009 | 0 million USD per US$ of GDP | +2.5% |
| 2010 | 0 million USD per US$ of GDP | -11.0% |
| 2011 | 0 million USD per US$ of GDP | +3.4% |
| 2012 | 0 million USD per US$ of GDP | +4.2% |
| 2013 | 0 million USD per US$ of GDP | +4.8% |
| 2014 | 0 million USD per US$ of GDP | +1.1% |
| 2015 | 0 million USD per US$ of GDP | -0.5% |
| 2016 | 0 million USD per US$ of GDP | +5.7% |
| 2017 | 0 million USD per US$ of GDP | -2.9% |
| 2018 | 0 million USD per US$ of GDP | -2.3% |
| 2019 | 0 million USD per US$ of GDP | +11.5% |
| 2020 | 0 million USD per US$ of GDP | +2.8% |
| 2021 | 0 million USD per US$ of GDP | -16.1% |
| 2022 | 0 million USD per US$ of GDP | -14.5% |
| 2023 | 0 million USD per US$ of GDP | +19.1% |
| 2024 | 0 million USD per US$ of GDP | +1.4% |
Norway compared with similar countries
- Norway's 0 million USD per US$ of GDP is above the median for high income countries, which is 0 million USD per US$ of GDP, 1.0× the median. (72 countries reporting)
- Norway's 0 million USD per US$ of GDP is above the median for Europe & Central Asia, which is 0 million USD per US$ of GDP, 1.0× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1980s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1990s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2000s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2010s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2020s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 5 |
Countries ranked near Norway
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 unit of gdp in Norway?
- Gross fixed capital formation — value us$, per unit of gdp in Norway was 0 million USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per unit of gdp recorded in Norway?
- The highest recorded value was 0 million USD per US$ of GDP in 1977.
- What is the lowest gross fixed capital formation — value us$, per unit of gdp recorded in Norway?
- The lowest recorded value was 0 million USD per US$ of GDP in 2003.
- How does Norway rank for gross fixed capital formation — value us$, per unit of gdp?
- Norway ranks 83rd out of 193 countries with data for 2024.
- Is gross fixed capital formation — value us$, per unit of gdp rising or falling in Norway?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value US$ divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$ ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.