Produced capital per capita in Norway
Norway: Produced capital per capita was 397,872 real chained 2019 US$ in 2020. ▲ Rising
Produced 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$.
Analysis
In 2020, produced capital per capita in Norway stood at 397,872 real chained 2019 US$. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 27.3% over ten years.
Over the whole period, produced capital per capita in Norway peaked at 397,872 real chained 2019 US$ in 2020 and was at its lowest, 216,735 real chained 2019 US$, in 1995.
Norway ranks 2nd of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Produced capital per capita in Norway, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 216,735 real chained 2019 US$ | — |
| 1996 | 221,453 real chained 2019 US$ | +2.2% |
| 1997 | 228,324 real chained 2019 US$ | +3.1% |
| 1998 | 236,954 real chained 2019 US$ | +3.8% |
| 1999 | 243,572 real chained 2019 US$ | +2.8% |
| 2000 | 248,782 real chained 2019 US$ | +2.1% |
| 2001 | 253,436 real chained 2019 US$ | +1.9% |
| 2002 | 257,583 real chained 2019 US$ | +1.6% |
| 2003 | 261,467 real chained 2019 US$ | +1.5% |
| 2004 | 266,842 real chained 2019 US$ | +2.1% |
| 2005 | 273,941 real chained 2019 US$ | +2.7% |
| 2006 | 282,217 real chained 2019 US$ | +3.0% |
| 2007 | 292,288 real chained 2019 US$ | +3.6% |
| 2008 | 301,495 real chained 2019 US$ | +3.1% |
| 2009 | 308,079 real chained 2019 US$ | +2.2% |
| 2010 | 312,660 real chained 2019 US$ | +1.5% |
| 2011 | 318,576 real chained 2019 US$ | +1.9% |
| 2012 | 325,969 real chained 2019 US$ | +2.3% |
| 2013 | 334,695 real chained 2019 US$ | +2.7% |
| 2014 | 343,030 real chained 2019 US$ | +2.5% |
| 2015 | 350,164 real chained 2019 US$ | +2.1% |
| 2016 | 358,145 real chained 2019 US$ | +2.3% |
| 2017 | 366,465 real chained 2019 US$ | +2.3% |
| 2018 | 375,273 real chained 2019 US$ | +2.4% |
| 2019 | 385,134 real chained 2019 US$ | +2.6% |
| 2020 | 397,872 real chained 2019 US$ | +3.3% |
Norway compared with similar countries
- Norway's 397,872 real chained 2019 US$ is above the median for high income countries, which is 60,721 real chained 2019 US$, 6.6× the median. (51 countries reporting)
- Norway's 397,872 real chained 2019 US$ is above the median for Europe & Central Asia, which is 35,852 real chained 2019 US$, 11.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 229,408 real chained 2019 US$ | 216,735 real chained 2019 US$ | 243,572 real chained 2019 US$ | 5 |
| 2000s | 274,613 real chained 2019 US$ | 248,782 real chained 2019 US$ | 308,079 real chained 2019 US$ | 10 |
| 2010s | 347,011 real chained 2019 US$ | 312,660 real chained 2019 US$ | 385,134 real chained 2019 US$ | 10 |
| 2020s | 397,872 real chained 2019 US$ | 397,872 real chained 2019 US$ | 397,872 real chained 2019 US$ | 1 |
Countries ranked near Norway
- 1 Switzerland 408,068 real chained 2019 US$ compare
- 3 Iceland 394,151 real chained 2019 US$ compare
- 4 Australia 334,480 real chained 2019 US$ compare
- 5 United States 282,921 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 produced capital per capita in Norway?
- Produced capital per capita in Norway was 397,872 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 produced capital per capita recorded in Norway?
- The highest recorded value was 397,872 real chained 2019 US$ in 2020.
- What is the lowest produced capital per capita recorded in Norway?
- The lowest recorded value was 216,735 real chained 2019 US$ in 1995.
- How does Norway rank for produced capital per capita?
- Norway ranks 2nd out of 151 countries with data for 2020.
- Is produced capital per capita rising or falling in Norway?
- Over the last ten years it is up 27.3%. 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 Produced capital per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.
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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.