Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Norway

Gross capital formation (% of GDP) in Norway in 2025 — 23.2%. Ranked 63 in the world out of 131. Since 1970, the indicator has fallen by 9.9 pp.

2025 23.2% −0.5 pp vs 2024
World rank 63of 131
Period maximum 38.9%1976
Period minimum 18.5%2003

Trend over time

1970–2025 · % of GDP

Gross capital formation (% of GDP) — Norway, 1970–20251020304019701976198219881994200020062012201820241970: 33.2%1971: 34.3%1972: 31.3%1973: 33.4%1974: 36.7%1975: 37.5%1976: 38.9%1977: 38.1%1978: 30.1%1979: 28.8%1980: 28.5%1981: 28%1982: 28.9%1983: 26.5%1984: 27.7%1985: 27.7%1986: 33.1%1987: 31.8%1988: 30.6%1989: 27.7%1990: 24.7%1991: 22.1%1992: 21.4%1993: 21.9%1994: 22.8%1995: 23.7%1996: 22.3%1997: 24.4%1998: 27.5%1999: 23.8%2000: 21.1%2001: 19.8%2002: 19.4%2003: 18.5%2004: 20.6%2005: 21.3%2006: 22.8%2007: 26%2008: 25.1%2009: 23.4%2010: 24%2011: 24.5%2012: 24.9%2013: 26.2%2014: 26%2015: 25.6%2016: 26.2%2017: 26%2018: 26%2019: 27.9%2020: 29%2021: 23.4%2022: 21%2023: 23.6%2024: 23.7%2025: 23.2%
Change over the period: −9.9 pp Annual average: -0.18 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Norway

Norway 23.2%
Northern Europe computed 21.3%
Gross capital formation (% of GDP) — Norway, by year Norway All countries CSV XLSX
Year % Change, pp
2025 23.2 −0.5 pp
2024 23.7 +0.1 pp
2023 23.6 +2.6 pp
2022 21 −2.4 pp
2021 23.4 −5.6 pp
2020 29 +1.1 pp
2019 27.9 +2 pp
2018 26 −0 pp
2017 26 −0.2 pp
2016 26.2 +0.6 pp
2015 25.6 −0.4 pp
2014 26 −0.2 pp
2013 26.2 +1.3 pp
2012 24.9 +0.4 pp
2011 24.5 +0.5 pp
2010 24 +0.6 pp
2009 23.4 −1.7 pp
2008 25.1 −0.9 pp
2007 26 +3.1 pp
2006 22.8 +1.5 pp
2005 21.3 +0.8 pp
2004 20.6 +2 pp
2003 18.5 −0.9 pp
2002 19.4 −0.4 pp
2001 19.8 −1.3 pp
2000 21.1 −2.7 pp
1999 23.8 −3.7 pp
1998 27.5 +3.1 pp
1997 24.4 +2.1 pp
1996 22.3 −1.4 pp
1995 23.7 +1 pp
1994 22.8 +0.9 pp
1993 21.9 +0.5 pp
1992 21.4 −0.8 pp
1991 22.1 −2.6 pp
1990 24.7 −2.9 pp
1989 27.7 −3 pp
1988 30.6 −1.1 pp
1987 31.8 −1.4 pp
1986 33.1 +5.4 pp
1985 27.7 +0 pp
1984 27.7 +1.2 pp
1983 26.5 −2.4 pp
1982 28.9 +1 pp
1981 28 −0.5 pp
1980 28.5 −0.3 pp
1979 28.8 −1.3 pp
1978 30.1 −8 pp
1977 38.1 −0.8 pp
1976 38.9 +1.4 pp
1975 37.5 +0.8 pp
1974 36.7 +3.3 pp
1973 33.4 +2 pp
1972 31.3 −3 pp
1971 34.3 +1.2 pp
1970 33.2

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.