Gross fixed capital formation, General government … General Percent in South Korea
South Korea: Gross fixed capital formation, General government … General Percent was 4.79 in 2019. ▼ Falling
Gross fixed capital formation, General government, Constant prices in South Korea, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, general government, constant prices in South Korea is 4.79, measured in 2019.
Compared with earlier readings it is up 9.4% on the previous year and down 25.7% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in South Korea peaked at 7.75 in 1960 and was at its lowest, 3.85, in 1974.
South Korea ranks 55th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 60 years of available data.
Gross fixed capital formation, General government … General Percent in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 7.75 | — |
| 1961 | 7.54 | -2.7% |
| 1962 | 7.55 | +0.1% |
| 1963 | 7.2 | -4.6% |
| 1964 | 6.84 | -5.0% |
| 1965 | 6.63 | -3.1% |
| 1966 | 6.15 | -7.1% |
| 1967 | 5.87 | -4.7% |
| 1968 | 5.39 | -8.1% |
| 1969 | 4.89 | -9.2% |
| 1970 | 5.33 | +8.8% |
| 1971 | 5.24 | -1.7% |
| 1972 | 4.71 | -10.0% |
| 1973 | 4 | -15.2% |
| 1974 | 3.85 | -3.6% |
| 1975 | 4.81 | +24.9% |
| 1976 | 5.29 | +10.0% |
| 1977 | 5.92 | +11.9% |
| 1978 | 7.02 | +18.7% |
| 1979 | 6.79 | -3.4% |
| 1980 | 7.14 | +5.3% |
| 1981 | 7.36 | +3.1% |
| 1982 | 6.34 | -13.9% |
| 1983 | 6.38 | +0.6% |
| 1984 | 6.15 | -3.7% |
| 1985 | 6.53 | +6.3% |
| 1986 | 5.99 | -8.4% |
| 1987 | 5.8 | -3.2% |
| 1988 | 5.77 | -0.5% |
| 1989 | 5.71 | -1.2% |
| 1990 | 5.94 | +4.1% |
| 1991 | 6.57 | +10.7% |
| 1992 | 6.74 | +2.5% |
| 1993 | 6.71 | -0.4% |
| 1994 | 6.78 | +1.0% |
| 1995 | 6.65 | -1.9% |
| 1996 | 6.58 | -1.0% |
| 1997 | 6.69 | +1.7% |
| 1998 | 6.69 | -0.0% |
| 1999 | 6.03 | -9.8% |
| 2000 | 6.3 | +4.4% |
| 2001 | 6.26 | -0.5% |
| 2002 | 5.84 | -6.8% |
| 2003 | 6.34 | +8.6% |
| 2004 | 6.15 | -3.0% |
| 2005 | 5.83 | -5.3% |
| 2006 | 5.49 | -5.8% |
| 2007 | 5.35 | -2.6% |
| 2008 | 5.21 | -2.5% |
| 2009 | 6.44 | +23.6% |
| 2010 | 5.22 | -19.0% |
| 2011 | 4.79 | -8.2% |
| 2012 | 4.56 | -4.8% |
| 2013 | 4.6 | +0.9% |
| 2014 | 4.18 | -9.2% |
| 2015 | 4.27 | +2.3% |
| 2016 | 4.43 | +3.8% |
| 2017 | 4.39 | -1.0% |
| 2018 | 4.38 | -0.3% |
| 2019 | 4.79 | +9.4% |
South Korea compared with similar countries
- South Korea's 4.79 is above the median for high income countries, which is 3.62, 1.3× the median. (58 countries reporting)
- South Korea's 4.79 is below the median for East Asia & Pacific, which is 4.89, 98% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.58 | 4.89 | 7.75 | 10 |
| 1970s | 5.3 | 3.85 | 7.02 | 10 |
| 1980s | 6.32 | 5.71 | 7.36 | 10 |
| 1990s | 6.54 | 5.94 | 6.78 | 10 |
| 2000s | 5.92 | 5.21 | 6.44 | 10 |
| 2010s | 4.56 | 4.18 | 5.22 | 10 |
Countries ranked near South Korea
- 52 Estonia 4.98 compare
- 53 Uzbekistan 4.95 compare
- 54 Seychelles 4.91 compare
- 56 Burkina Faso 4.76 compare
- 57 Panama 4.74 compare
- 58 Namibia 4.74 compare
More public sector data for South Korea
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 222.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 19.5 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 362.84 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in South Korea?
- Gross fixed capital formation, general government, constant prices in South Korea was 4.79 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in South Korea?
- The highest recorded value was 7.75 in 1960.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in South Korea?
- The lowest recorded value was 3.85 in 1974.
- How does South Korea rank for gross fixed capital formation, general government, constant prices?
- South Korea ranks 55th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in South Korea?
- Over the last ten years it is down 25.7%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.