Consumption of Fixed Capital (Agriculture, Forestry and Fishing) in Norway
Norway: Consumption of Fixed Capital (Agriculture, Forestry and Fishing) was 23,058 million SLC in 2023. ▲ Rising
Consumption of Fixed Capital (Agriculture, Forestry and Fishing) in Norway, 1995–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, consumption of fixed capital (agriculture, forestry and fishing) in Norway stood at 23,058 million SLC. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 12.7% on the previous year and up 74.8% over ten years.
Over the whole period, consumption of fixed capital (agriculture, forestry and fishing) in Norway peaked at 23,058 million SLC in 2023 and was at its lowest, 8,254 million SLC, in 1995.
Norway ranks 61st of 181 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Consumption of Fixed Capital (Agriculture, Forestry and Fishing) in Norway, year by year
| Year | million SLC | Change |
|---|---|---|
| 1995 | 8,254 million SLC | — |
| 1996 | 8,323 million SLC | +0.8% |
| 1997 | 8,440 million SLC | +1.4% |
| 1998 | 8,622 million SLC | +2.2% |
| 1999 | 8,683 million SLC | +0.7% |
| 2000 | 9,167 million SLC | +5.6% |
| 2001 | 9,509 million SLC | +3.7% |
| 2002 | 9,450 million SLC | -0.6% |
| 2003 | 9,457 million SLC | +0.1% |
| 2004 | 9,744 million SLC | +3.0% |
| 2005 | 9,870 million SLC | +1.3% |
| 2006 | 10,251 million SLC | +3.9% |
| 2007 | 10,882 million SLC | +6.2% |
| 2008 | 11,631 million SLC | +6.9% |
| 2009 | 12,275 million SLC | +5.5% |
| 2010 | 12,197 million SLC | -0.6% |
| 2011 | 12,587 million SLC | +3.2% |
| 2012 | 12,984 million SLC | +3.2% |
| 2013 | 13,193 million SLC | +1.6% |
| 2014 | 13,548 million SLC | +2.7% |
| 2015 | 14,049 million SLC | +3.7% |
| 2016 | 14,447 million SLC | +2.8% |
| 2017 | 15,069 million SLC | +4.3% |
| 2018 | 16,115 million SLC | +6.9% |
| 2019 | 16,559 million SLC | +2.8% |
| 2020 | 17,546 million SLC | +6.0% |
| 2021 | 18,694 million SLC | +6.5% |
| 2022 | 20,459 million SLC | +9.4% |
| 2023 | 23,058 million SLC | +12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,464 million SLC | 8,254 million SLC | 8,683 million SLC | 5 |
| 2000s | 10,224 million SLC | 9,167 million SLC | 12,275 million SLC | 10 |
| 2010s | 14,075 million SLC | 12,197 million SLC | 16,559 million SLC | 10 |
| 2020s | 19,939 million SLC | 17,546 million SLC | 23,058 million SLC | 4 |
Countries ranked near Norway
More environment data for Norway
- Historical exposure to drought — Land soil moisture anomaly 0.9857 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly 0.8118 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.738 °C (2025)
- Temperature change 2.52 °C (2025)
- Sawnwood — Production, annual growth rate 7.96 % change on previous year (2024)
- Sawnwood — Production, per unit of GDP 0 m3 per US$ of GDP (2024)
- Sawnwood — Production, per capita 0.4815 m3 per person (2024)
- Sawnwood — Import quantity, annual growth rate -6.14 % change on previous year (2024)
- Sawnwood — Import quantity, per unit of GDP 0 m3 per US$ of GDP (2024)
Frequently asked questions
- What is consumption of fixed capital (agriculture, forestry and fishing) in Norway?
- Consumption of fixed capital (agriculture, forestry and fishing) in Norway was 23,058 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest consumption of fixed capital (agriculture, forestry and fishing) recorded in Norway?
- The highest recorded value was 23,058 million SLC in 2023.
- What is the lowest consumption of fixed capital (agriculture, forestry and fishing) recorded in Norway?
- The lowest recorded value was 8,254 million SLC in 1995.
- How does Norway rank for consumption of fixed capital (agriculture, forestry and fishing)?
- Norway ranks 61st out of 181 countries with data for 2023.
- Is consumption of fixed capital (agriculture, forestry and fishing) rising or falling in Norway?
- Over the last ten years it is up 74.8%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Consumption of Fixed Capital (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
As part of the FAO Agriculture Capital Stock (ACS) database, the Statistics Division of FAO publishes country-by-country data on physical investment in agriculture, forestry and fishing as measured by the System of National Accounts (SNA) concept of Gross Fixed Capital Formation (GFCF). Additional variables included in the ACS are Net and Gross Capital Stock, Consumption of Fixed Capital, the Agriculture Investment ratio, and the Gross Fixed Capital Formation Agriculture Orientation Index. The FAO Agriculture Capital Stock Database is an analytical database: whenever available, the database integrates official National Accounts data harvested from the UNSD National Accounts Main Aggregates Database (UNSD AMA) and the OECD Annual National Accounts Database (OECD ANA). The database is further supplemented by OECD Structural Analysis database (OECD STAN) and, in a few cases, data from country’s statistics websites. If the full set of official data is not available for any specific country, imputation methods are applied to obtain estimates over the complete time series. Many data points in ACS are estimated and are flagged as such; they do not represent official submissions by Member Countries. With a view of producing internationally comparable net capital stock estimates, the Perpetual Inventory Method (PIM) with a constant geometric depreciation rate is employed to impute missing data. The Perpetual Inventory Method is a well-established economic model to calculate Net Capital Stocks (NCS) and Consumption of Fixed Capital (CFC) from time series of Gross Fixed Capital Formation (GFCF). Specifically, annual measures of the NCS are obtained from cumulating historical series on physical investment flows and deducting the part of assets that are depreciated (the Consumption of Fixed Capital that occurs in every period). In order to implement the PIM, long time series on aggregate GFCF in agriculture, forestry and fishing is required.An attempt is made to rely as much as possible on National Accounts data published by the OECD and UNSD. When country data are partially or fully missing, econometric techniques to impute missing observations are employed. Depending on the pattern of data missingness for the countries, different imputation methods are applied (from among the ARIMAX, PANEL regression, and OLS approaches) for the data series from 1995 to 2022. The values of Agriculture Capital Stock related indicators for 2023, including Agriculture Investment Ratio, Agriculture Orientation Index, Net Capital Stock, Gross Fixed Capital Formation and Consumption of Fixed Capital, are estimated using the Holt-Winters (HW) method (Cipra et al., 1995). The HW method is an exponential smoothing method for forecasting the annual values of economic variables. In this context, the HW method relies on existing (historical) values of the Agriculture Capital Stock. The predicted value is an extrapolation of the historical values to the specified target date, which extends the timeline without considering seasonality in the annual series.All data series in the database are provided both in national currencies and in US dollars as well as in current prices and constant prices with base year 2015.