Gross capital formation in Norway
Norway: Gross capital formation was 103.74 billion constant 2015 US$ in 2025. ▲ Rising
Gross capital formation in Norway, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in Norway is 103.74 billion constant 2015 US$, measured in 2025.
The figure is down 2.8% on the previous year and up 1.2% over ten years.
Over the whole period, gross capital formation in Norway peaked at 114.62 billion constant 2015 US$ in 2019 and was at its lowest, 37.93 billion constant 2015 US$, in 1970.
That places Norway 30th out of 162 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 46.68 billion constant 2015 US$ | 37.93 billion constant 2015 US$ | 54.88 billion constant 2015 US$ | 10 |
| 1980s | 56.37 billion constant 2015 US$ | 49.89 billion constant 2015 US$ | 66.69 billion constant 2015 US$ | 10 |
| 1990s | 60.31 billion constant 2015 US$ | 48.89 billion constant 2015 US$ | 79.79 billion constant 2015 US$ | 10 |
| 2000s | 85.14 billion constant 2015 US$ | 67.07 billion constant 2015 US$ | 109.26 billion constant 2015 US$ | 10 |
| 2010s | 105.02 billion constant 2015 US$ | 95.35 billion constant 2015 US$ | 114.62 billion constant 2015 US$ | 10 |
| 2020s | 107.73 billion constant 2015 US$ | 103.74 billion constant 2015 US$ | 114.42 billion constant 2015 US$ | 6 |
Countries ranked near Norway
- 27 Singapore 106.08 billion constant 2015 US$ compare
- 28 Argentina 103.96 billion constant 2015 US$ compare
- 29 Israel 103.93 billion constant 2015 US$ compare
- 31 Bangladesh 102.98 billion constant 2015 US$ compare
- 32 Philippines 101.95 billion constant 2015 US$ compare
- 33 Malaysia 101.08 billion constant 2015 US$ compare
More economy & growth data for Norway
- DEC alternative conversion factor 10.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -56.92 billion current LCU (2022)
- Net secondary income (Net current transfers from abroad) -5.92 billion current US$ (2022)
- Taxes less subsidies on products 488.47 billion current LCU (2025)
- Taxes less subsidies on products 46.99 billion current US$ (2025)
- Net primary income (Net income from abroad) 167.61 billion current LCU (2022)
- Net primary income (Net income from abroad) 17.43 billion current US$ (2022)
- GNI per capita 1.02 million current LCU (2025)
- GNI per capita, Atlas method 97,310 current US$ (2025)
- GNI 5.72 trillion current LCU (2025)
Frequently asked questions
- What is gross capital formation in Norway?
- Gross capital formation in Norway was 103.74 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Norway?
- The highest recorded value was 114.62 billion constant 2015 US$ in 2019.
- What is the lowest gross capital formation recorded in Norway?
- The lowest recorded value was 37.93 billion constant 2015 US$ in 1970.
- How does Norway rank for gross capital formation?
- Norway ranks 30th out of 162 countries with data for 2025.
- Is gross capital formation rising or falling in Norway?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.