Produced capital in Norway
Norway: Produced capital was 2.14 trillion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
2.14 trillion real chained 2019 US$
Change on year
up 3.9%
World rank
18th
of 151 countries
All-time high
2.14 trillion real chained 2019 US$
in 2020
All-time low
944.79 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Produced capital 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$.
Analysis
In 2020, produced capital in Norway stood at 2.14 trillion real chained 2019 US$. That is the highest value across all 26 years on record.
That represents a change of up 3.9% on the previous year and up 40.0% over ten years.
Over the whole period, produced capital in Norway peaked at 2.14 trillion real chained 2019 US$ in 2020 and was at its lowest, 944.79 billion real chained 2019 US$, in 1995.
Norway ranks 18th of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Produced capital in Norway, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 944.79 billion real chained 2019 US$ | — |
| 1996 | 970.26 billion real chained 2019 US$ | +2.7% |
| 1997 | 1.01 trillion real chained 2019 US$ | +3.7% |
| 1998 | 1.05 trillion real chained 2019 US$ | +4.4% |
| 1999 | 1.09 trillion real chained 2019 US$ | +3.5% |
| 2000 | 1.12 trillion real chained 2019 US$ | +2.8% |
| 2001 | 1.14 trillion real chained 2019 US$ | +2.4% |
| 2002 | 1.17 trillion real chained 2019 US$ | +2.2% |
| 2003 | 1.19 trillion real chained 2019 US$ | +2.1% |
| 2004 | 1.23 trillion real chained 2019 US$ | +2.7% |
| 2005 | 1.27 trillion real chained 2019 US$ | +3.4% |
| 2006 | 1.32 trillion real chained 2019 US$ | +3.9% |
| 2007 | 1.38 trillion real chained 2019 US$ | +4.6% |
| 2008 | 1.44 trillion real chained 2019 US$ | +4.4% |
| 2009 | 1.49 trillion real chained 2019 US$ | +3.5% |
| 2010 | 1.53 trillion real chained 2019 US$ | +2.8% |
| 2011 | 1.58 trillion real chained 2019 US$ | +3.2% |
| 2012 | 1.64 trillion real chained 2019 US$ | +3.7% |
| 2013 | 1.70 trillion real chained 2019 US$ | +3.9% |
| 2014 | 1.76 trillion real chained 2019 US$ | +3.7% |
| 2015 | 1.82 trillion real chained 2019 US$ | +3.1% |
| 2016 | 1.87 trillion real chained 2019 US$ | +3.2% |
| 2017 | 1.93 trillion real chained 2019 US$ | +3.2% |
| 2018 | 1.99 trillion real chained 2019 US$ | +3.1% |
| 2019 | 2.06 trillion real chained 2019 US$ | +3.3% |
| 2020 | 2.14 trillion real chained 2019 US$ | +3.9% |
Norway compared with similar countries
- Norway's 2.14 trillion real chained 2019 US$ is above the median for high income countries, which is 571.80 billion real chained 2019 US$, 3.7× the median. (51 countries reporting)
- Norway's 2.14 trillion real chained 2019 US$ is above the median for Europe & Central Asia, which is 266.29 billion real chained 2019 US$, 8.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.01 trillion real chained 2019 US$ | 944.79 billion real chained 2019 US$ | 1.09 trillion real chained 2019 US$ | 5 |
| 2000s | 1.27 trillion real chained 2019 US$ | 1.12 trillion real chained 2019 US$ | 1.49 trillion real chained 2019 US$ | 10 |
| 2010s | 1.79 trillion real chained 2019 US$ | 1.53 trillion real chained 2019 US$ | 2.06 trillion real chained 2019 US$ | 10 |
| 2020s | 2.14 trillion real chained 2019 US$ | 2.14 trillion real chained 2019 US$ | 2.14 trillion real chained 2019 US$ | 1 |
Countries ranked near Norway
- 15 Netherlands 2.82 trillion real chained 2019 US$ compare
- 16 Mexico 2.67 trillion real chained 2019 US$ compare
- 17 Brazil 2.43 trillion real chained 2019 US$ compare
- 19 India 2.10 trillion real chained 2019 US$ compare
- 20 Austria 1.66 trillion real chained 2019 US$ compare
- 21 Belgium 1.65 trillion 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 in Norway?
- Produced capital in Norway was 2.14 trillion 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 recorded in Norway?
- The highest recorded value was 2.14 trillion real chained 2019 US$ in 2020.
- What is the lowest produced capital recorded in Norway?
- The lowest recorded value was 944.79 billion real chained 2019 US$ in 1995.
- How does Norway rank for produced capital?
- Norway ranks 18th out of 151 countries with data for 2020.
- Is produced capital rising or falling in Norway?
- Over the last ten years it is up 40.0%. 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 (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
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.