Human capital per capita in Norway
Norway: Human capital per capita was 500,361 real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
500,361 real chained 2019 US$
Change on year
down 0.1%
World rank
5th
of 151 countries
All-time high
516,706 real chained 2019 US$
in 2008
All-time low
430,685 real chained 2019 US$
in 1995
Years of data
26
1995–2020
Human capital per capita in Norway, 1995–2020
Source: 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. Measured in real chained 2019 US$.
Analysis
Norway recorded 500,361 real chained 2019 US$ for human capital per capita in 2020.
That represents a change of down 0.1% on the previous year and down 1.1% over ten years.
Over the whole period, human capital per capita in Norway peaked at 516,706 real chained 2019 US$ in 2008 and was at its lowest, 430,685 real chained 2019 US$, in 1995.
Norway ranks 5th of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital per capita in Norway, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 430,685 real chained 2019 US$ | — |
| 1996 | 447,366 real chained 2019 US$ | +3.9% |
| 1997 | 460,669 real chained 2019 US$ | +3.0% |
| 1998 | 472,956 real chained 2019 US$ | +2.7% |
| 1999 | 474,331 real chained 2019 US$ | +0.3% |
| 2000 | 477,298 real chained 2019 US$ | +0.6% |
| 2001 | 479,110 real chained 2019 US$ | +0.4% |
| 2002 | 481,925 real chained 2019 US$ | +0.6% |
| 2003 | 475,758 real chained 2019 US$ | -1.3% |
| 2004 | 478,124 real chained 2019 US$ | +0.5% |
| 2005 | 480,238 real chained 2019 US$ | +0.4% |
| 2006 | 490,223 real chained 2019 US$ | +2.1% |
| 2007 | 504,620 real chained 2019 US$ | +2.9% |
| 2008 | 516,706 real chained 2019 US$ | +2.4% |
| 2009 | 509,696 real chained 2019 US$ | -1.4% |
| 2010 | 505,798 real chained 2019 US$ | -0.8% |
| 2011 | 506,479 real chained 2019 US$ | +0.1% |
| 2012 | 510,659 real chained 2019 US$ | +0.8% |
| 2013 | 509,460 real chained 2019 US$ | -0.2% |
| 2014 | 509,250 real chained 2019 US$ | -0.0% |
| 2015 | 508,568 real chained 2019 US$ | -0.1% |
| 2016 | 504,615 real chained 2019 US$ | -0.8% |
| 2017 | 502,925 real chained 2019 US$ | -0.3% |
| 2018 | 501,978 real chained 2019 US$ | -0.2% |
| 2019 | 500,956 real chained 2019 US$ | -0.2% |
| 2020 | 500,361 real chained 2019 US$ | -0.1% |
Norway compared with similar countries
- Norway's 500,361 real chained 2019 US$ is above the median for high income countries, which is 174,393 real chained 2019 US$, 2.9× the median. (51 countries reporting)
- Norway's 500,361 real chained 2019 US$ is above the median for Europe & Central Asia, which is 95,696 real chained 2019 US$, 5.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 457,201 real chained 2019 US$ | 430,685 real chained 2019 US$ | 474,331 real chained 2019 US$ | 5 |
| 2000s | 489,370 real chained 2019 US$ | 475,758 real chained 2019 US$ | 516,706 real chained 2019 US$ | 10 |
| 2010s | 506,069 real chained 2019 US$ | 500,956 real chained 2019 US$ | 510,659 real chained 2019 US$ | 10 |
| 2020s | 500,361 real chained 2019 US$ | 500,361 real chained 2019 US$ | 500,361 real chained 2019 US$ | 1 |
Countries ranked near Norway
- 2 Luxembourg 646,928 real chained 2019 US$ compare
- 3 Iceland 586,976 real chained 2019 US$ compare
- 4 United States 503,350 real chained 2019 US$ compare
- 6 Denmark 485,658 real chained 2019 US$ compare
- 7 Netherlands 432,823 real chained 2019 US$ compare
- 8 Singapore 431,983 real chained 2019 US$ compare
More reference data data for Norway
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3703 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3621 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0618 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.24 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7734 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.9 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3366 (2050)
Frequently asked questions
- What is human capital per capita in Norway?
- Human capital per capita in Norway was 500,361 real chained 2019 US$ in 2020, according to 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.
- What is the highest human capital per capita recorded in Norway?
- The highest recorded value was 516,706 real chained 2019 US$ in 2008.
- What is the lowest human capital per capita recorded in Norway?
- The lowest recorded value was 430,685 real chained 2019 US$ in 1995.
- How does Norway rank for human capital per capita?
- Norway ranks 5th out of 151 countries with data for 2020.
- Is human capital per capita rising or falling in Norway?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures 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 part of Human capital per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.