Norway - Gross fixed capital formation
Gross fixed capital formation (current US$)
The latest value for Gross fixed capital formation (current US$) in Norway was $98,989,860,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $123,256,000,000 in 2013 and $3,586,218,000 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | $3,586,218,000 |
| 1971 | $4,457,971,000 |
| 1972 | $5,009,411,000 |
| 1973 | $6,774,602,000 |
| 1974 | $8,630,792,000 |
| 1975 | $11,427,810,000 |
| 1976 | $13,331,070,000 |
| 1977 | $15,449,230,000 |
| 1978 | $14,784,350,000 |
| 1979 | $16,198,340,000 |
| 1980 | $17,976,190,000 |
| 1981 | $17,916,020,000 |
| 1982 | $17,749,920,000 |
| 1983 | $17,808,510,000 |
| 1984 | $17,077,740,000 |
| 1985 | $16,996,350,000 |
| 1986 | $22,670,970,000 |
| 1987 | $27,440,590,000 |
| 1988 | $30,239,680,000 |
| 1989 | $27,558,550,000 |
| 1990 | $27,354,510,000 |
| 1991 | $26,507,120,000 |
| 1992 | $27,315,630,000 |
| 1993 | $25,684,580,000 |
| 1994 | $27,491,920,000 |
| 1995 | $32,593,760,000 |
| 1996 | $35,684,050,000 |
| 1997 | $38,001,100,000 |
| 1998 | $40,876,860,000 |
| 1999 | $38,082,110,000 |
| 2000 | $33,947,600,000 |
| 2001 | $33,975,000,000 |
| 2002 | $37,986,050,000 |
| 2003 | $43,219,820,000 |
| 2004 | $51,965,490,000 |
| 2005 | $62,923,240,000 |
| 2006 | $72,397,520,000 |
| 2007 | $94,586,550,000 |
| 2008 | $104,539,000,000 |
| 2009 | $89,828,250,000 |
| 2010 | $88,959,820,000 |
| 2011 | $107,201,000,000 |
| 2012 | $114,376,000,000 |
| 2013 | $123,256,000,000 |
| 2014 | $118,955,000,000 |
| 2015 | $91,953,330,000 |
| 2016 | $92,956,190,000 |
| 2017 | $97,850,420,000 |
| 2018 | $104,556,000,000 |
| 2019 | $108,835,000,000 |
| 2020 | $98,989,860,000 |
Gross fixed capital formation (current LCU)
The value for Gross fixed capital formation (current LCU) in Norway was 932,072,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 957,750,000,000 in 2019 and a minimum value of 25,616,000,000 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 25,616,000,000 |
| 1971 | 31,455,000,000 |
| 1972 | 33,003,000,000 |
| 1973 | 39,061,000,000 |
| 1974 | 47,812,000,000 |
| 1975 | 59,732,000,000 |
| 1976 | 72,741,000,000 |
| 1977 | 82,244,000,000 |
| 1978 | 77,504,000,000 |
| 1979 | 82,030,000,000 |
| 1980 | 88,788,000,000 |
| 1981 | 102,829,000,000 |
| 1982 | 114,558,000,000 |
| 1983 | 129,938,000,000 |
| 1984 | 139,380,000,000 |
| 1985 | 146,121,000,000 |
| 1986 | 167,645,000,000 |
| 1987 | 184,881,000,000 |
| 1988 | 197,072,000,000 |
| 1989 | 190,278,000,000 |
| 1990 | 171,231,000,000 |
| 1991 | 171,843,000,000 |
| 1992 | 169,753,000,000 |
| 1993 | 182,209,000,000 |
| 1994 | 194,027,000,000 |
| 1995 | 206,488,000,000 |
| 1996 | 230,155,000,000 |
| 1997 | 268,797,000,000 |
| 1998 | 308,420,000,000 |
| 1999 | 297,010,000,000 |
| 2000 | 298,800,000,000 |
| 2001 | 305,493,000,000 |
| 2002 | 303,273,000,000 |
| 2003 | 306,005,000,000 |
| 2004 | 350,289,000,000 |
| 2005 | 405,383,000,000 |
| 2006 | 464,307,000,000 |
| 2007 | 554,438,000,000 |
| 2008 | 589,599,000,000 |
| 2009 | 564,867,000,000 |
| 2010 | 537,688,000,000 |
| 2011 | 600,817,000,000 |
| 2012 | 665,383,000,000 |
| 2013 | 724,129,000,000 |
| 2014 | 749,617,000,000 |
| 2015 | 741,527,000,000 |
| 2016 | 780,832,000,000 |
| 2017 | 809,386,000,000 |
| 2018 | 850,304,000,000 |
| 2019 | 957,750,000,000 |
| 2020 | 932,072,000,000 |
Gross fixed capital formation (constant 2010 US$)
The latest value for Gross fixed capital formation (constant 2010 US$) in Norway was 103,623,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 109,819,000,000 in 2019 and 27,810,190,000 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 27,810,190,000 |
| 1971 | 32,339,480,000 |
| 1972 | 31,505,670,000 |
| 1973 | 35,191,480,000 |
| 1974 | 37,308,750,000 |
| 1975 | 40,990,220,000 |
| 1976 | 45,052,150,000 |
| 1977 | 46,423,270,000 |
| 1978 | 41,342,650,000 |
| 1979 | 42,138,020,000 |
| 1980 | 41,632,450,000 |
| 1981 | 43,730,870,000 |
| 1982 | 44,078,210,000 |
| 1983 | 46,504,250,000 |
| 1984 | 47,106,910,000 |
| 1985 | 45,616,490,000 |
| 1986 | 48,991,790,000 |
| 1987 | 49,369,020,000 |
| 1988 | 48,870,520,000 |
| 1989 | 45,574,080,000 |
| 1990 | 40,874,400,000 |
| 1991 | 40,712,080,000 |
| 1992 | 39,909,150,000 |
| 1993 | 42,006,700,000 |
| 1994 | 44,213,250,000 |
| 1995 | 45,640,180,000 |
| 1996 | 49,912,160,000 |
| 1997 | 57,279,320,000 |
| 1998 | 64,330,760,000 |
| 1999 | 61,160,190,000 |
| 2000 | 59,148,080,000 |
| 2001 | 58,785,620,000 |
| 2002 | 58,577,780,000 |
| 2003 | 58,864,230,000 |
| 2004 | 64,837,200,000 |
| 2005 | 72,542,770,000 |
| 2006 | 79,119,770,000 |
| 2007 | 88,813,520,000 |
| 2008 | 89,816,970,000 |
| 2009 | 83,515,640,000 |
| 2010 | 78,152,900,000 |
| 2011 | 83,976,070,000 |
| 2012 | 90,310,020,000 |
| 2013 | 96,030,510,000 |
| 2014 | 95,788,570,000 |
| 2015 | 91,953,330,000 |
| 2016 | 95,579,130,000 |
| 2017 | 98,097,430,000 |
| 2018 | 100,279,000,000 |
| 2019 | 109,819,000,000 |
| 2020 | 103,623,000,000 |
Gross fixed capital formation (annual % growth)
The value for Gross fixed capital formation (annual % growth) in Norway was -5.64 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 16.29 in 1971 and a minimum value of -10.94 in 1978.
Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1971 | 16.29 |
| 1972 | -2.58 |
| 1973 | 11.70 |
| 1974 | 6.02 |
| 1975 | 9.87 |
| 1976 | 9.91 |
| 1977 | 3.04 |
| 1978 | -10.94 |
| 1979 | 1.92 |
| 1980 | -1.20 |
| 1981 | 5.04 |
| 1982 | 0.79 |
| 1983 | 5.50 |
| 1984 | 1.30 |
| 1985 | -3.16 |
| 1986 | 7.40 |
| 1987 | 0.77 |
| 1988 | -1.01 |
| 1989 | -6.75 |
| 1990 | -10.31 |
| 1991 | -0.40 |
| 1992 | -1.97 |
| 1993 | 5.26 |
| 1994 | 5.25 |
| 1995 | 3.23 |
| 1996 | 9.36 |
| 1997 | 14.76 |
| 1998 | 12.31 |
| 1999 | -4.93 |
| 2000 | -3.29 |
| 2001 | -0.61 |
| 2002 | -0.35 |
| 2003 | 0.49 |
| 2004 | 10.15 |
| 2005 | 11.88 |
| 2006 | 9.07 |
| 2007 | 12.25 |
| 2008 | 1.13 |
| 2009 | -7.02 |
| 2010 | -6.42 |
| 2011 | 7.45 |
| 2012 | 7.54 |
| 2013 | 6.33 |
| 2014 | -0.25 |
| 2015 | -4.00 |
| 2016 | 3.94 |
| 2017 | 2.63 |
| 2018 | 2.22 |
| 2019 | 9.51 |
| 2020 | -5.64 |
Gross fixed capital formation (constant LCU)
The value for Gross fixed capital formation (constant LCU) in Norway was 835,632,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 885,602,000,000 in 2019 and a minimum value of 224,266,000,000 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 224,266,000,000 |
| 1971 | 260,791,000,000 |
| 1972 | 254,067,000,000 |
| 1973 | 283,790,000,000 |
| 1974 | 300,864,000,000 |
| 1975 | 330,552,000,000 |
| 1976 | 363,308,000,000 |
| 1977 | 374,365,000,000 |
| 1978 | 333,394,000,000 |
| 1979 | 339,808,000,000 |
| 1980 | 335,731,000,000 |
| 1981 | 352,653,000,000 |
| 1982 | 355,454,000,000 |
| 1983 | 375,018,000,000 |
| 1984 | 379,878,000,000 |
| 1985 | 367,859,000,000 |
| 1986 | 395,078,000,000 |
| 1987 | 398,120,000,000 |
| 1988 | 394,100,000,000 |
| 1989 | 367,517,000,000 |
| 1990 | 329,618,000,000 |
| 1991 | 328,309,000,000 |
| 1992 | 321,834,000,000 |
| 1993 | 338,749,000,000 |
| 1994 | 356,543,000,000 |
| 1995 | 368,050,000,000 |
| 1996 | 402,500,000,000 |
| 1997 | 461,910,000,000 |
| 1998 | 518,774,000,000 |
| 1999 | 493,206,000,000 |
| 2000 | 476,980,000,000 |
| 2001 | 474,057,000,000 |
| 2002 | 472,381,000,000 |
| 2003 | 474,691,000,000 |
| 2004 | 522,858,000,000 |
| 2005 | 584,997,000,000 |
| 2006 | 638,035,000,000 |
| 2007 | 716,207,000,000 |
| 2008 | 724,299,000,000 |
| 2009 | 673,484,000,000 |
| 2010 | 630,238,000,000 |
| 2011 | 677,197,000,000 |
| 2012 | 728,275,000,000 |
| 2013 | 774,406,000,000 |
| 2014 | 772,455,000,000 |
| 2015 | 741,527,000,000 |
| 2016 | 770,766,000,000 |
| 2017 | 791,074,000,000 |
| 2018 | 808,670,000,000 |
| 2019 | 885,602,000,000 |
| 2020 | 835,632,000,000 |
Gross fixed capital formation (% of GDP)
Gross fixed capital formation (% of GDP) in Norway was 27.33 as of 2020. Its highest value over the past 50 years was 37.22 in 1977, while its lowest value was 18.88 in 2003.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 27.99 |
| 1971 | 30.57 |
| 1972 | 28.86 |
| 1973 | 30.06 |
| 1974 | 31.79 |
| 1975 | 34.76 |
| 1976 | 37.09 |
| 1977 | 37.22 |
| 1978 | 31.78 |
| 1979 | 30.49 |
| 1980 | 27.90 |
| 1981 | 28.17 |
| 1982 | 28.33 |
| 1983 | 28.90 |
| 1984 | 27.52 |
| 1985 | 25.98 |
| 1986 | 28.81 |
| 1987 | 29.12 |
| 1988 | 29.68 |
| 1989 | 26.85 |
| 1990 | 22.84 |
| 1991 | 21.75 |
| 1992 | 20.88 |
| 1993 | 21.30 |
| 1994 | 21.62 |
| 1995 | 21.44 |
| 1996 | 21.82 |
| 1997 | 23.55 |
| 1998 | 26.52 |
| 1999 | 23.47 |
| 2000 | 19.82 |
| 2001 | 19.53 |
| 2002 | 19.43 |
| 2003 | 18.88 |
| 2004 | 19.65 |
| 2005 | 20.37 |
| 2006 | 20.95 |
| 2007 | 23.59 |
| 2008 | 22.62 |
| 2009 | 23.26 |
| 2010 | 20.75 |
| 2011 | 21.51 |
| 2012 | 22.45 |
| 2013 | 23.58 |
| 2014 | 23.87 |
| 2015 | 23.83 |
| 2016 | 25.20 |
| 2017 | 24.56 |
| 2018 | 23.93 |
| 2019 | 26.88 |
| 2020 | 27.33 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
