Norway NO: Ref. Year = 2017: GDP: Volume: Gross Capital Formation: GFCF: Government

1962 - 2022 | Yearly | NOK bn | Organisation for Economic Co-operation and Development

Norway NO: Ref. Year = 2017: GDP: Volume: Gross Capital Formation: GFCF: Government data was reported at 206.519 NOK bn in 2022. This records an increase from the previous number of 200.296 NOK bn for 2021. Norway NO: Ref. Year = 2017: GDP: Volume: Gross Capital Formation: GFCF: Government data is updated yearly, averaging 78.279 NOK bn from Dec 1962 (Median) to 2022, with 61 observations. The data reached an all-time high of 207.904 NOK bn in 2019 and a record low of 18.238 NOK bn in 1962. Norway NO: Ref. Year = 2017: GDP: Volume: Gross Capital Formation: GFCF: Government data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Norway – Table NO.OECD.EO: GDP by Expenditure: Volume: Forecast: OECD Member: Annual. IGV - Government gross fixed capital formation, volume

View Norway's Norway NO: Ref. Year = 2017: GDP: Volume: Gross Capital Formation: GFCF: Government from 1962 to 2022 in the chart:

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Norway Norway NO: Ref. Year = 2017: GDP: Volume: Gross Capital Formation: GFCF: Government
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Norway Norway NO: Ref. Year = 2017: GDP: Volume: Gross Capital Formation: GFCF: Government

What was Norway's Norway NO: Ref. Year = 2017: GDP: Volume: Gross Capital Formation: GFCF: Government in 2022?

Last Previous Min Max Unit Frequency Range
206.519 2022 200.296 2021 18.238 1962 207.904 2019 NOK bn yearly 1962 - 2022

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Norway Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 120,259.124 2030 yearly 1980 - 2030
Forecast: Nominal GDP Per Capita (USD) 106,356.740 2030 yearly 1980 - 2030
Forecast: Real GDP Growth (%) 1.376 2028 yearly 1980 - 2028
GDP Deflator Growth (%) -0.0 Sep 2025 quarterly Mar 1979 - Sep 2025
GDP per Capita (USD) 86,723.790 2024 yearly 1915 - 2024
Gross Fixed Capital Formation (USD mn) 31,295.472 Sep 2025 quarterly Mar 1978 - Sep 2025
Gross National Product (GNP) (USD mn) 6,952.154 Jun 2025 quarterly Mar 1999 - Jun 2025
Gross Savings Rate (%) 33.7 Sep 2025 quarterly Mar 1978 - Sep 2025
Investment: % of GDP (%) 23.3 Sep 2025 quarterly Mar 1978 - Sep 2025
Nominal GDP (USD mn) 136,434.8 Sep 2025 quarterly Mar 1978 - Sep 2025
Nominal GDP Growth (%) 2.160 Sep 2025 quarterly Mar 1979 - Sep 2025
Private Consumption Expenditure (USD mn) 58,641.730 Sep 2025 quarterly Mar 1978 - Sep 2025
Private Consumption: % of GDP (%) 43.0 Sep 2025 quarterly Mar 1978 - Sep 2025
Public Consumption Expenditure (USD mn) 31,058.743 Sep 2025 quarterly Mar 1978 - Sep 2025
Public Consumption: % of GDP (%) 23.3 Sep 2025 quarterly Mar 1978 - Sep 2025
Real GDP Growth (%) 2.2 Sep 2025 quarterly Mar 1979 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 80.542 Sep 2025 quarterly Mar 1978 - Sep 2025
Production Last Frequency Range
Gold Production (kg) 200.000 1994 yearly 1993 - 1994
Industrial Production Index Growth (%) 19.6 Sep 2025 monthly Jan 1991 - Sep 2025
Minerals Production (Metric Ton) 192,590,377.000 2023 yearly 2009 - 2023
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) 16.7 Dec 2017 quarterly Mar 1991 - Dec 2017
Construction and Properties Last Frequency Range
House Prices Growth (%) 5.0 Sep 2025 quarterly Mar 1993 - Sep 2025
Nominal Residential Property Price Index (2010=100) 201.896 Jun 2025 quarterly Mar 1970 - Jun 2025
Nominal Residential Property Price Index Growth (%) 4.536 Jun 2025 quarterly Mar 1993 - Jun 2025
Real Residential Property Price Index (2010=100) 135.287 Jun 2025 quarterly Mar 1970 - Jun 2025
Real Residential Property Price Index Growth (%) 1.671 Jun 2025 quarterly Mar 1993 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 12.9 Jun 2025 quarterly Dec 2002 - Jun 2025
Forecast: Government Expenditure (NOK bn) 3,211.193 2030 yearly 1980 - 2030
Forecast: Government Net Debt (NOK bn) 2,556.349 2030 yearly 1980 - 2030
Forecast: Government Revenue (NOK bn) 3,771.425 2030 yearly 1980 - 2030
Government Debt: % of GDP (%) 53.3 2024 yearly 1995 - 2024
National Government Debt (USD mn) 251,685.3 2024 yearly 1995 - 2024
Tax Revenue (USD mn) 38,161.954 Jun 2025 quarterly Mar 2002 - Jun 2025
Consolidated Fiscal Balance (USD mn) 16,884.009 Jun 2025 quarterly Mar 2002 - Jun 2025
Tax Revenue: % of GDP (%) 29.5 Jun 2025 quarterly Mar 2002 - Jun 2025

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