Net investment in nonfinancial assets (% of GDP) in Norway
Norway: Net investment in nonfinancial assets (% of GDP) was 3.1% in 2024. ▲ Rising
Net investment in nonfinancial assets in Norway, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net investment in nonfinancial assets in Norway stood at 3.1%.
Compared with earlier readings it is up 3.1% on the previous year and up 22.0% over ten years.
Over the whole period, net investment in nonfinancial assets in Norway peaked at 3.3% in 2019 and was at its lowest, 1.1%, in 1982.
Norway ranks 68th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Net investment in nonfinancial assets (% of GDP) in Norway, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 1.5% | — |
| 1973 | 1.3% | -10.1% |
| 1974 | 1.4% | +2.1% |
| 1975 | 1.3% | -2.4% |
| 1976 | 1.4% | +2.3% |
| 1977 | 1.4% | +5.7% |
| 1978 | 1.4% | -0.8% |
| 1979 | 1.2% | -17.6% |
| 1980 | 1.2% | +5.6% |
| 1981 | 1.2% | -4.6% |
| 1982 | 1.1% | -5.7% |
| 1983 | 1.2% | +3.7% |
| 1984 | 1.1% | -2.1% |
| 1985 | 1.2% | +9.0% |
| 1986 | 1.3% | +4.6% |
| 1987 | 1.4% | +10.5% |
| 1988 | 1.6% | +12.5% |
| 1989 | 1.8% | +13.8% |
| 1990 | 1.7% | -4.2% |
| 1991 | 1.9% | +9.7% |
| 1992 | 2.0% | +4.2% |
| 1993 | 1.7% | -17.4% |
| 1994 | 1.5% | -7.6% |
| 1995 | 2.4% | +58.5% |
| 1996 | 2.3% | -3.8% |
| 1997 | 2.3% | -2.7% |
| 1998 | 2.5% | +11.0% |
| 1999 | 2.2% | -10.5% |
| 2000 | 1.7% | -23.6% |
| 2001 | 1.5% | -9.9% |
| 2002 | 2.1% | +36.0% |
| 2003 | 2.2% | +2.5% |
| 2004 | 2.2% | +0.6% |
| 2005 | 2.1% | -5.6% |
| 2006 | 2.1% | +2.0% |
| 2007 | 2.2% | +4.7% |
| 2008 | 2.2% | +2.1% |
| 2009 | 2.6% | +16.2% |
| 2010 | 2.1% | -18.2% |
| 2011 | 2.2% | +1.3% |
| 2012 | 2.1% | -3.3% |
| 2013 | 2.3% | +10.0% |
| 2014 | 2.6% | +12.3% |
| 2015 | 2.7% | +5.9% |
| 2016 | 2.9% | +5.8% |
| 2017 | 3.0% | +3.5% |
| 2018 | 3.0% | -0.1% |
| 2019 | 3.3% | +12.4% |
| 2020 | 3.3% | -0.6% |
| 2021 | 2.9% | -12.0% |
| 2022 | 2.3% | -20.8% |
| 2023 | 3.0% | +31.2% |
| 2024 | 3.1% | +3.1% |
Norway compared with similar countries
- Norway's 3.1% is above the median for high income countries, which is 2.1%, 1.5× the median. (57 countries reporting)
- Norway's 3.1% is above the median for Europe & Central Asia, which is 2.4%, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.4% | 1.2% | 1.5% | 8 |
| 1980s | 1.3% | 1.1% | 1.8% | 10 |
| 1990s | 2.1% | 1.5% | 2.5% | 10 |
| 2000s | 2.1% | 1.5% | 2.6% | 10 |
| 2010s | 2.6% | 2.1% | 3.3% | 10 |
| 2020s | 3.0% | 2.3% | 3.3% | 5 |
Countries ranked near Norway
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Frequently asked questions
- What is net investment in nonfinancial assets in Norway?
- Net investment in nonfinancial assets in Norway was 3.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Norway?
- The highest recorded value was 3.3% in 2019.
- What is the lowest net investment in nonfinancial assets recorded in Norway?
- The lowest recorded value was 1.1% in 1982.
- How does Norway rank for net investment in nonfinancial assets?
- Norway ranks 68th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Norway?
- Over the last ten years it is up 22.0%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.