NAAG Chapter 3B: Gross fixed capital formation by asset type in Norway

Norway: NAAG Chapter 3B: Gross fixed capital formation by asset type was 23.38 Percentage of GDP in 2025. ▼ Falling

Latest (2025)
23.38 Percentage of GDP
Change on year
up 1.9%
World rank
16th
of 36 countries
All-time high
37.4 Percentage of GDP
in 1977
All-time low
19.02 Percentage of GDP
in 2003
Years of data
56
1970–2025

NAAG Chapter 3B: Gross fixed capital formation by asset type in Norway, 1970–2025

010203040197019972025

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

Norway recorded 23.38 Percentage of GDP for naag chapter 3b: gross fixed capital formation by asset type in 2025.

That represents a change of up 1.9% on the previous year and down 3.2% over ten years.

Over the whole period, naag chapter 3b: gross fixed capital formation by asset type in Norway peaked at 37.4 Percentage of GDP in 1977 and was at its lowest, 19.02 Percentage of GDP, in 2003.

That places Norway 16th out of 36 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 56 years of available data.

NAAG Chapter 3B: Gross fixed capital formation by asset type in Norway, year by year

Annual values for NAAG Chapter 3B: Gross fixed capital formation by asset type in Norway, 1970 to 2025.
Year Percentage of GDP Change
1970 28.17 Percentage of GDP —
1971 30.75 Percentage of GDP +9.1%
1972 29.04 Percentage of GDP -5.6%
1973 30.25 Percentage of GDP +4.2%
1974 31.98 Percentage of GDP +5.7%
1975 34.95 Percentage of GDP +9.3%
1976 37.27 Percentage of GDP +6.6%
1977 37.4 Percentage of GDP +0.3%
1978 31.94 Percentage of GDP -14.6%
1979 30.64 Percentage of GDP -4.1%
1980 28.05 Percentage of GDP -8.5%
1981 28.3 Percentage of GDP +0.9%
1982 28.48 Percentage of GDP +0.6%
1983 29.04 Percentage of GDP +2.0%
1984 27.65 Percentage of GDP -4.8%
1985 26.1 Percentage of GDP -5.6%
1986 28.96 Percentage of GDP +10.9%
1987 29.27 Percentage of GDP +1.1%
1988 29.85 Percentage of GDP +2.0%
1989 27.02 Percentage of GDP -9.5%
1990 22.97 Percentage of GDP -15.0%
1991 21.94 Percentage of GDP -4.5%
1992 21.07 Percentage of GDP -4.0%
1993 21.56 Percentage of GDP +2.3%
1994 21.82 Percentage of GDP +1.2%
1995 21.66 Percentage of GDP -0.7%
1996 22.03 Percentage of GDP +1.7%
1997 23.81 Percentage of GDP +8.1%
1998 26.78 Percentage of GDP +12.5%
1999 23.68 Percentage of GDP -11.6%
2000 19.96 Percentage of GDP -15.7%
2001 19.7 Percentage of GDP -1.3%
2002 19.66 Percentage of GDP -0.2%
2003 19.02 Percentage of GDP -3.2%
2004 20.04 Percentage of GDP +5.3%
2005 20.44 Percentage of GDP +2.0%
2006 21.19 Percentage of GDP +3.7%
2007 23.98 Percentage of GDP +13.2%
2008 23.23 Percentage of GDP -3.1%
2009 23.67 Percentage of GDP +1.9%
2010 20.97 Percentage of GDP -11.4%
2011 21.85 Percentage of GDP +4.2%
2012 22.72 Percentage of GDP +4.0%
2013 23.76 Percentage of GDP +4.5%
2014 24.17 Percentage of GDP +1.7%
2015 24.16 Percentage of GDP -0.0%
2016 25.79 Percentage of GDP +6.8%
2017 25.03 Percentage of GDP -2.9%
2018 24.45 Percentage of GDP -2.3%
2019 27.49 Percentage of GDP +12.4%
2020 28.38 Percentage of GDP +3.3%
2021 24 Percentage of GDP -15.5%
2022 19.4 Percentage of GDP -19.1%
2023 22.58 Percentage of GDP +16.4%
2024 22.95 Percentage of GDP +1.6%
2025 23.38 Percentage of GDP +1.9%

Norway compared with similar countries

  • Norway's 23.38 Percentage of GDP is above the median for high income countries, which is 22.93 Percentage of GDP, 1.0× the median. (28 countries reporting)
  • Norway's 23.38 Percentage of GDP is above the median for Europe & Central Asia, which is 22.07 Percentage of GDP, 1.1× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 32.24 Percentage of GDP 28.17 Percentage of GDP 37.4 Percentage of GDP 10
1980s 28.27 Percentage of GDP 26.1 Percentage of GDP 29.85 Percentage of GDP 10
1990s 22.73 Percentage of GDP 21.07 Percentage of GDP 26.78 Percentage of GDP 10
2000s 21.09 Percentage of GDP 19.02 Percentage of GDP 23.98 Percentage of GDP 10
2010s 24.04 Percentage of GDP 20.97 Percentage of GDP 27.49 Percentage of GDP 10
2020s 23.45 Percentage of GDP 19.4 Percentage of GDP 28.38 Percentage of GDP 6

Countries ranked near Norway

  1. 13 Israel 23.8 Percentage of GDP compare
  2. 14 Mexico 23.76 Percentage of GDP compare
  3. 15 Austria 23.74 Percentage of GDP compare
  4. 17 New Zealand 23.37 Percentage of GDP compare
  5. 18 Denmark 22.96 Percentage of GDP compare
  6. 19 Canada 22.9 Percentage of GDP compare

See the full ranking of 47 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is naag chapter 3b: gross fixed capital formation by asset type in Norway?
Naag chapter 3b: gross fixed capital formation by asset type in Norway was 23.38 Percentage of GDP in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest naag chapter 3b: gross fixed capital formation by asset type recorded in Norway?
The highest recorded value was 37.4 Percentage of GDP in 1977.
What is the lowest naag chapter 3b: gross fixed capital formation by asset type recorded in Norway?
The lowest recorded value was 19.02 Percentage of GDP in 2003.
How does Norway rank for naag chapter 3b: gross fixed capital formation by asset type?
Norway ranks 16th out of 36 countries with data for 2025.
Is naag chapter 3b: gross fixed capital formation by asset type rising or falling in Norway?
Over the last ten years it is down 3.2%. The long-run trend across the full record is falling.
Where does this Norway data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3B: Gross fixed capital formation by asset type. Statizoid updates them automatically from the source API.

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NAAG Chapter 3B: Gross fixed capital formation by asset type in Norway. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/naag-chapter-3b-gross-fixed-capital-formation-by-asset-type/norway/

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About this data

Indicator
NAAG Chapter 3B: Gross fixed capital formation by asset type
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 2,254 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.