Gross fixed capital formation, General government … General Percent in Norway
Norway: Gross fixed capital formation, General government … General Percent was 6.02 in 2019. ▲ Rising
Gross fixed capital formation, General government, Constant prices in Norway, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, general government, constant prices in Norway stood at 6.02. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 20.2% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Norway peaked at 6.02 in 2019 and was at its lowest, 2.86, in 1962.
Norway ranks 38th of 173 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, General government … General Percent in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 3.18 | — |
| 1961 | 3.11 | -2.1% |
| 1962 | 2.86 | -8.2% |
| 1963 | 3.17 | +11.0% |
| 1964 | 3.38 | +6.5% |
| 1965 | 3.16 | -6.5% |
| 1966 | 3.17 | +0.4% |
| 1967 | 3.53 | +11.2% |
| 1968 | 3.66 | +3.9% |
| 1969 | 3.91 | +6.6% |
| 1970 | 3.77 | -3.6% |
| 1971 | 4.03 | +7.1% |
| 1972 | 4.36 | +8.0% |
| 1973 | 4.14 | -4.9% |
| 1974 | 3.97 | -4.3% |
| 1975 | 4.11 | +3.7% |
| 1976 | 4.03 | -2.0% |
| 1977 | 4.08 | +1.1% |
| 1978 | 4.27 | +4.7% |
| 1979 | 3.78 | -11.5% |
| 1980 | 3.83 | +1.4% |
| 1981 | 3.97 | +3.6% |
| 1982 | 3.74 | -5.9% |
| 1983 | 3.77 | +1.0% |
| 1984 | 3.51 | -6.8% |
| 1985 | 3.37 | -4.0% |
| 1986 | 3.55 | +5.3% |
| 1987 | 3.9 | +9.7% |
| 1988 | 4.32 | +10.8% |
| 1989 | 4.32 | -0.0% |
| 1990 | 4.31 | -0.3% |
| 1991 | 4.55 | +5.6% |
| 1992 | 4.53 | -0.4% |
| 1993 | 3.95 | -12.9% |
| 1994 | 3.79 | -4.0% |
| 1995 | 3.67 | -3.1% |
| 1996 | 3.62 | -1.5% |
| 1997 | 3.97 | +9.8% |
| 1998 | 4.11 | +3.4% |
| 1999 | 4.02 | -2.3% |
| 2000 | 3.52 | -12.4% |
| 2001 | 3.49 | -0.8% |
| 2002 | 3.66 | +5.0% |
| 2003 | 4.01 | +9.6% |
| 2004 | 4 | -0.4% |
| 2005 | 3.86 | -3.4% |
| 2006 | 4.07 | +5.4% |
| 2007 | 4.3 | +5.7% |
| 2008 | 4.6 | +6.9% |
| 2009 | 5.01 | +8.9% |
| 2010 | 4.71 | -6.0% |
| 2011 | 4.71 | +0.2% |
| 2012 | 4.51 | -4.4% |
| 2013 | 4.99 | +10.6% |
| 2014 | 5.11 | +2.5% |
| 2015 | 5.02 | -1.8% |
| 2016 | 5.29 | +5.3% |
| 2017 | 5.3 | +0.2% |
| 2018 | 5.66 | +6.9% |
| 2019 | 6.02 | +6.3% |
Norway compared with similar countries
- Norway's 6.02 is above the median for high income countries, which is 3.62, 1.7× the median. (58 countries reporting)
- Norway's 6.02 is above the median for Europe & Central Asia, which is 3.44, 1.7× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.31 | 2.86 | 3.91 | 10 |
| 1970s | 4.05 | 3.77 | 4.36 | 10 |
| 1980s | 3.83 | 3.37 | 4.32 | 10 |
| 1990s | 4.05 | 3.62 | 4.55 | 10 |
| 2000s | 4.05 | 3.49 | 5.01 | 10 |
| 2010s | 5.13 | 4.51 | 6.02 | 10 |
Countries ranked near Norway
More public sector data for Norway
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 407.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 62.63 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0007 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 74.5 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Norway?
- Gross fixed capital formation, general government, constant prices in Norway was 6.02 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Norway?
- The highest recorded value was 6.02 in 2019.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Norway?
- The lowest recorded value was 2.86 in 1962.
- How does Norway rank for gross fixed capital formation, general government, constant prices?
- Norway ranks 38th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Norway?
- Over the last ten years it is up 20.2%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.