Norway - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts