Gross fixed capital formation in Norway

Norway: Gross fixed capital formation was 124.08 billion current US$ in 2025. ◆ Volatile

Latest (2025)
124.08 billion current US$
Change on year
up 7.9%
World rank
31st
of 180 countries
All-time high
128.31 billion current US$
in 2013
All-time low
3.59 billion current US$
in 1970
Years of data
56
1970–2025

Gross fixed capital formation in Norway, 1970–2025

025.0B50.0B75.0B100.0B125.0B197019972025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2025, gross fixed capital formation in Norway stood at 124.08 billion current US$.

The figure is up 7.9% on the previous year and up 28.2% over ten years.

Over the whole period, gross fixed capital formation in Norway peaked at 128.31 billion current US$ in 2013 and was at its lowest, 3.59 billion current US$, in 1970.

That places Norway 31st out of 180 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.98 billion current US$ 3.59 billion current US$ 16.22 billion current US$ 10
1980s 21.38 billion current US$ 17.02 billion current US$ 30.30 billion current US$ 10
1990s 32.05 billion current US$ 25.83 billion current US$ 40.97 billion current US$ 10
2000s 64.23 billion current US$ 34.06 billion current US$ 109.64 billion current US$ 10
2010s 110.41 billion current US$ 92.30 billion current US$ 128.31 billion current US$ 10
2020s 117.64 billion current US$ 108.50 billion current US$ 125.16 billion current US$ 6

Countries ranked near Norway

  1. 28 Singapore 133.36 billion current US$ compare
  2. 29 Thailand 130.77 billion current US$ compare
  3. 30 Bangladesh 130.24 billion current US$ compare
  4. 32 Algeria 113.08 billion current US$ compare
  5. 33 Philippines 110.75 billion current US$ compare
  6. 34 Romania 109.78 billion current US$ compare

See the full ranking of 223 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is gross fixed capital formation in Norway?
Gross fixed capital formation in Norway was 124.08 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Norway?
The highest recorded value was 128.31 billion current US$ in 2013.
What is the lowest gross fixed capital formation recorded in Norway?
The lowest recorded value was 3.59 billion current US$ in 1970.
How does Norway rank for gross fixed capital formation?
Norway ranks 31st out of 180 countries with data for 2025.
Is gross fixed capital formation rising or falling in Norway?
Over the last ten years it is up 28.2%. The long-run trend across the full record is volatile.
Where does this Norway data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 data points, 1960–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.