Venture capital investments in Norway
Norway: Venture capital investments was 0.0362 Percentage of GDP in 2025. ▼ Falling
Venture capital investments in Norway, 2007–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2025, venture capital investments in Norway stood at 0.0362 Percentage of GDP.
That represents a change of down 23.1% on the previous year and up 133.1% over ten years.
Over the whole period, venture capital investments in Norway peaked at 0.0884 Percentage of GDP in 2007 and was at its lowest, 0.0155 Percentage of GDP, in 2015.
Norway ranks 18th of 28 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Venture capital investments in Norway, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2007 | 0.0884 Percentage of GDP | — |
| 2008 | 0.0562 Percentage of GDP | -36.4% |
| 2009 | 0.0451 Percentage of GDP | -19.7% |
| 2010 | 0.0465 Percentage of GDP | +3.2% |
| 2011 | 0.0346 Percentage of GDP | -25.6% |
| 2012 | 0.0237 Percentage of GDP | -31.5% |
| 2013 | 0.017 Percentage of GDP | -28.2% |
| 2014 | 0.0226 Percentage of GDP | +32.7% |
| 2015 | 0.0155 Percentage of GDP | -31.3% |
| 2016 | 0.0285 Percentage of GDP | +83.2% |
| 2017 | 0.0221 Percentage of GDP | -22.4% |
| 2018 | 0.0206 Percentage of GDP | -6.6% |
| 2019 | 0.0353 Percentage of GDP | +71.1% |
| 2020 | 0.0337 Percentage of GDP | -4.6% |
| 2021 | 0.0465 Percentage of GDP | +38.2% |
| 2022 | 0.0234 Percentage of GDP | -49.8% |
| 2023 | 0.052 Percentage of GDP | +122.4% |
| 2024 | 0.0471 Percentage of GDP | -9.3% |
| 2025 | 0.0362 Percentage of GDP | -23.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0632 Percentage of GDP | 0.0451 Percentage of GDP | 0.0884 Percentage of GDP | 3 |
| 2010s | 0.0267 Percentage of GDP | 0.0155 Percentage of GDP | 0.0465 Percentage of GDP | 10 |
| 2020s | 0.0398 Percentage of GDP | 0.0234 Percentage of GDP | 0.052 Percentage of GDP | 6 |
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)
- Manufacturing, value added (constant LCU), per capita 46,282 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.51 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3446 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 32,594 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -1.8 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 3.58 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 338,840 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0198 % change on previous year (2025)
Frequently asked questions
- What is venture capital investments in Norway?
- Venture capital investments in Norway was 0.0362 Percentage of GDP in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest venture capital investments recorded in Norway?
- The highest recorded value was 0.0884 Percentage of GDP in 2007.
- What is the lowest venture capital investments recorded in Norway?
- The lowest recorded value was 0.0155 Percentage of GDP in 2015.
- How does Norway rank for venture capital investments?
- Norway ranks 18th out of 28 countries with data for 2025.
- Is venture capital investments rising or falling in Norway?
- Over the last ten years it is up 133.1%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Venture capital investments (market statistics). Statizoid updates them automatically from the source API.
Download this data
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About this data
In the OECD Entrepreneurship Financing Database, venture capital is made up of the sum of early stage (including pre-seed, seed, start-up and other early stage) and later stage venture capital. As there are no harmonised definitions of venture capital stages across venture capital associations and other data providers, original data have been re-aggregated to fit the OECD classification of venture capital by stages. Korea, New Zealand, the Russian Federation and South Africa do not provide breakdowns of venture capital by stage that would allow meaningful international comparisons. The attached table shows the correspondences between original data and OECD harmonised data for venture capital investments by stage. https://webfs-sdd.oecd.org/files/.Stat/VC_INV/VC_OECD_HarmonisedStages.xlsx Venture capital is a form of equity financing particularly relevant for young companies with innovation and growth potential but untested business models and no track record; it replaces or complements traditional bank finance. The development of the venture capital industry is considered an important framework condition to stimulate innovative entrepreneurship. Aggregate data on venture capital provide useful information on trends in the venture capital industry. These data are typically compiled by national or regional Private Equity and Venture Capital Associations, often with the support of commercial data providers. The quality and availability of aggregate data on venture capital have improved considerably in recent years; international comparisons, however, remain complicated because of two main problems. The first difficulty comes from the lack of a standard international definition of venture capital. While there is a general understanding, the definition of the types of investments included in venture capital varies across countries and regions. In some cases, differences are purely linguistic; in others, they are more substantive. The second problem relates to the diverse methodologies employed by data compilers. The completeness and representativeness of venture capital statistics with respect to the venture capital industry of a country will differ depending on how data were collected. The units used are : Millions of US Dollars and share of GDP. OECD statistics contact: stat.contact@oecd.org