Australia vs Norway: Produced capital per capita
Australia
334,480 real chained 2019 US$
in 2020
Norway
397,872 real chained 2019 US$
in 2020
Australia rank
4th
Norway rank
2nd
Produced capital per capita over time
- Australia
- Norway
How they compare
Norway currently reports 397,872 real chained 2019 US$ against 334,480 real chained 2019 US$ in Australia, a difference of 63,392 real chained 2019 US$.
That makes Norway's figure about 1.2 times Australia's.
Across all 26 years both countries report, Norway has been ahead every year.
Australia ranks 4th and Norway ranks 2nd of 150 countries.
Norway has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 203,927 real chained 2019 US$ | 229,408 real chained 2019 US$ | 25,480 real chained 2019 US$ | Norway |
| 2000s | 243,741 real chained 2019 US$ | 274,613 real chained 2019 US$ | 30,872 real chained 2019 US$ | Norway |
| 2010s | 310,291 real chained 2019 US$ | 347,011 real chained 2019 US$ | 36,720 real chained 2019 US$ | Norway |
| 2020s | 334,480 real chained 2019 US$ | 397,872 real chained 2019 US$ | 63,392 real chained 2019 US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher produced capital per capita, Australia or Norway?
- Norway, at 397,872 real chained 2019 US$ against 334,480 real chained 2019 US$ in Australia as of 2020.
- What is the difference in produced capital per capita between Australia and Norway?
- 63,392 real chained 2019 US$, with Norway ahead.
- How many years of comparable data are there for Australia and Norway?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and Norway rank globally for produced capital per capita?
- Australia ranks 4th and Norway ranks 2nd of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Produced capital per capita (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Produced capital includes the value of machinery, buildings, equipment, and residential and nonresidential urban land. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.