Gross fixed capital formation, General … General Purchasing in South Korea
South Korea: Gross fixed capital formation, General … General Purchasing was 105.8 in 2019. ◆ Volatile
Gross fixed capital formation, General government, Constant prices in South Korea, 1960–2019
Source: International Monetary Fund.
Analysis
South Korea recorded 105.8 for gross fixed capital formation, general government, constant prices in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 11.6% on the previous year and up 2.9% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in South Korea peaked at 105.8 in 2019 and was at its lowest, 2.69, in 1960.
South Korea ranks 9th of 173 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General … General Purchasing in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 2.69 | — |
| 1961 | 2.8 | +4.0% |
| 1962 | 2.91 | +4.0% |
| 1963 | 3.03 | +4.0% |
| 1964 | 3.15 | +4.0% |
| 1965 | 3.28 | +4.0% |
| 1966 | 3.41 | +4.0% |
| 1967 | 3.54 | +4.0% |
| 1968 | 3.68 | +4.0% |
| 1969 | 3.83 | +4.0% |
| 1970 | 4.59 | +19.8% |
| 1971 | 4.99 | +8.7% |
| 1972 | 4.81 | -3.5% |
| 1973 | 4.69 | -2.5% |
| 1974 | 4.95 | +5.6% |
| 1975 | 6.67 | +34.7% |
| 1976 | 8.3 | +24.5% |
| 1977 | 10.43 | +25.7% |
| 1978 | 13.73 | +31.7% |
| 1979 | 14.42 | +5.0% |
| 1980 | 14.93 | +3.5% |
| 1981 | 16.5 | +10.5% |
| 1982 | 15.4 | -6.7% |
| 1983 | 17.56 | +14.1% |
| 1984 | 18.71 | +6.5% |
| 1985 | 21.44 | +14.6% |
| 1986 | 21.88 | +2.0% |
| 1987 | 23.88 | +9.2% |
| 1988 | 26.62 | +11.5% |
| 1989 | 28.17 | +5.8% |
| 1990 | 32.21 | +14.3% |
| 1991 | 39.5 | +22.6% |
| 1992 | 43 | +8.9% |
| 1993 | 45.76 | +6.4% |
| 1994 | 50.52 | +10.4% |
| 1995 | 54.3 | +7.5% |
| 1996 | 57.99 | +6.8% |
| 1997 | 62.64 | +8.0% |
| 1998 | 59.4 | -5.2% |
| 1999 | 59.7 | +0.5% |
| 2000 | 67.96 | +13.8% |
| 2001 | 70.89 | +4.3% |
| 2002 | 71.21 | +0.4% |
| 2003 | 79.75 | +12.0% |
| 2004 | 81.38 | +2.1% |
| 2005 | 80.42 | -1.2% |
| 2006 | 79.75 | -0.8% |
| 2007 | 82.16 | +3.0% |
| 2008 | 82.5 | +0.4% |
| 2009 | 102.82 | +24.6% |
| 2010 | 88.92 | -13.5% |
| 2011 | 84.62 | -4.8% |
| 2012 | 82.5 | -2.5% |
| 2013 | 85.88 | +4.1% |
| 2014 | 80.46 | -6.3% |
| 2015 | 84.63 | +5.2% |
| 2016 | 90.41 | +6.8% |
| 2017 | 92.36 | +2.2% |
| 2018 | 94.79 | +2.6% |
| 2019 | 105.8 | +11.6% |
South Korea compared with similar countries
- South Korea's 105.8 is above the median for high income countries, which is 10.94, 9.7× the median. (58 countries reporting)
- South Korea's 105.8 is above the median for East Asia & Pacific, which is 22.06, 4.8× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.23 | 2.69 | 3.83 | 10 |
| 1970s | 7.76 | 4.59 | 14.42 | 10 |
| 1980s | 20.51 | 14.93 | 28.17 | 10 |
| 1990s | 50.5 | 32.21 | 62.64 | 10 |
| 2000s | 79.88 | 67.96 | 102.82 | 10 |
| 2010s | 89.04 | 80.46 | 105.8 | 10 |
Countries ranked near South Korea
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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 105.8 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 105.8 in 2019.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in South Korea?
- The lowest recorded value was 2.69 in 1960.
- How does South Korea rank for gross fixed capital formation, general government, constant prices?
- South Korea ranks 9th 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 up 2.9%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.