Gross fixed capital formation, General government, Constant prices in Republic of Korea
Republic of Korea: Gross fixed capital formation, General government, Constant prices was 105.8 in 2019. ◆ Volatile
Latest (2019)
105.8
Change on year
up 11.6%
World rank
9th
of 173 countries
All-time high
105.8
in 2019
All-time low
2.69
in 1960
Years of data
60
1960–2019
Gross fixed capital formation, General government, Constant prices in Republic of Korea, 1960–2019
Source: International Monetary Fund.
Analysis
Republic of 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 Republic of Korea peaked at 105.8 in 2019 and was at its lowest, 2.69, in 1960.
Republic of 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 government, Constant prices in Republic of 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% |
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 Republic of Korea
- 6 France 111.28 compare
- 7 Germany 106.82 compare
- 8 Indonesia 106.38 compare
- 10 United Arab Emirates 90.7 compare
- 11 United Kingdom of Great Britain and Northern Ireland 85.07 compare
- 12 Russian Federation 78.33 compare
More public sector data for Republic of Korea
- Arms imports 1.01 billion SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 1.01 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 919.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0254 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.4824 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 47.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,234 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Republic of Korea?
- Gross fixed capital formation, general government, constant prices in Republic of 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 Republic of Korea?
- The highest recorded value was 105.8 in 2019.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Republic of Korea?
- The lowest recorded value was 2.69 in 1960.
- How does Republic of Korea rank for gross fixed capital formation, general government, constant prices?
- Republic of Korea ranks 9th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Republic of Korea?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is volatile.
- Where does this Republic of 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.