Gross capital formation in Norway
Norway: Gross capital formation was 1.01 trillion constant LCU in 2025. ▲ Rising
Gross capital formation in Norway, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gross capital formation in Norway stood at 1.01 trillion constant LCU.
Compared with earlier readings it 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 1.11 trillion constant LCU in 2019 and was at its lowest, 368.61 billion constant LCU, in 1970.
Norway ranks 53rd of 169 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 453.65 billion constant LCU | 368.61 billion constant LCU | 533.30 billion constant LCU | 10 |
| 1980s | 547.85 billion constant LCU | 484.85 billion constant LCU | 648.14 billion constant LCU | 10 |
| 1990s | 586.13 billion constant LCU | 475.08 billion constant LCU | 775.37 billion constant LCU | 10 |
| 2000s | 827.38 billion constant LCU | 651.83 billion constant LCU | 1.06 trillion constant LCU | 10 |
| 2010s | 1.02 trillion constant LCU | 926.61 billion constant LCU | 1.11 trillion constant LCU | 10 |
| 2020s | 1.05 trillion constant LCU | 1.01 trillion constant LCU | 1.11 trillion constant LCU | 6 |
Countries ranked near Norway
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 1.01 trillion constant LCU 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 1.11 trillion constant LCU in 2019.
- What is the lowest gross capital formation recorded in Norway?
- The lowest recorded value was 368.61 billion constant LCU in 1970.
- How does Norway rank for gross capital formation?
- Norway ranks 53rd out of 169 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 LCU). 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 varies by country. This series is expressed in local currency units.