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Norway: Gross capital formation

Millions of local currency · 1830–2025 · 196 observations · forecasts to 2031 · inv

2025
1.2 trillionlocal currency
Change on 2024
−0.7%year on year
Average growth, 2015–2025
+3.6%a year
In US dollars, 2025
$116 billionUS dollars

Gross capital formation

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10M100M1B10B100B1T10T1850190019502000NorwayNorway
ForecastLocal currency

Compare with other countries →Definition of Gross capital formation

Recent values

Millions of local currency

YearValue
20311,450,114Forecast
20301,412,929Forecast
20291,376,540Forecast
20281,342,110Forecast
20271,306,452Forecast
20261,268,353Forecast
20251,204,623
20241,212,648
20231,233,298
20221,214,101
20211,084,792
20201,085,278
20191,065,106
2018991,676
2017915,610
2016863,962

Sources

  • Eitrheim, Klovland & Qvigstad1830–2017
  • Mitchell1865–1998
  • Jordà-Schularick-Taylor1870–2020
  • Jones & Obstfeld1900–1939
  • Penn World Table1950–2019
  • WDI (archive)1960–1996
  • OECD Economic Outlook1960–2025
  • United Nations1970–2024
  • IMF International Financial Statistics1970–2025
  • World Development Indicators1970–2025
  • Eurostat1975–2025
  • IMF World Economic Outlook1980–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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