Gross fixed capital formation, General government, Current prices in Republic of Korea
Republic of Korea: Gross fixed capital formation, General government, Current prices was 14.56 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Republic of Korea, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross fixed capital formation, general government, current prices in Republic of Korea stood at 14.56 % change on previous year.
That represents a change of up 216.1% on the previous year and down 49.9% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Republic of Korea peaked at 62.97 % change on previous year in 1975 and was at its lowest, -12.12 % change on previous year, in 2010.
That places Republic of Korea 50th out of 174 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Current prices in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.62 % change on previous year | — |
| 1972 | 7.26 % change on previous year | -46.7% |
| 1973 | 13.48 % change on previous year | +85.7% |
| 1974 | 47.59 % change on previous year | +253.1% |
| 1975 | 62.97 % change on previous year | +32.3% |
| 1976 | 29.82 % change on previous year | -52.6% |
| 1977 | 35.4 % change on previous year | +18.7% |
| 1978 | 50.72 % change on previous year | +43.3% |
| 1979 | 26.96 % change on previous year | -46.8% |
| 1980 | 36.12 % change on previous year | +34.0% |
| 1981 | 24.8 % change on previous year | -31.3% |
| 1982 | -1.44 % change on previous year | -105.8% |
| 1983 | 18.99 % change on previous year | -1420.3% |
| 1984 | 8.09 % change on previous year | -57.4% |
| 1985 | 20.05 % change on previous year | +147.7% |
| 1986 | 3.93 % change on previous year | -80.4% |
| 1987 | 11.95 % change on previous year | +203.7% |
| 1988 | 18.84 % change on previous year | +57.7% |
| 1989 | 10.41 % change on previous year | -44.8% |
| 1990 | 26.79 % change on previous year | +157.4% |
| 1991 | 35.35 % change on previous year | +32.0% |
| 1992 | 15.6 % change on previous year | -55.9% |
| 1993 | 9.99 % change on previous year | -35.9% |
| 1994 | 14.35 % change on previous year | +43.7% |
| 1995 | 13.81 % change on previous year | -3.8% |
| 1996 | 11.62 % change on previous year | -15.9% |
| 1997 | 13.98 % change on previous year | +20.3% |
| 1998 | 2.1 % change on previous year | -85.0% |
| 1999 | -1.27 % change on previous year | -160.4% |
| 2000 | 16.47 % change on previous year | -1399.1% |
| 2001 | 7.24 % change on previous year | -56.0% |
| 2002 | 2.51 % change on previous year | -65.4% |
| 2003 | 16.78 % change on previous year | +568.9% |
| 2004 | 6.91 % change on previous year | -58.8% |
| 2005 | 0.7859 % change on previous year | -88.6% |
| 2006 | 0.2385 % change on previous year | -69.6% |
| 2007 | 5.07 % change on previous year | +2025.5% |
| 2008 | 10.01 % change on previous year | +97.5% |
| 2009 | 29.07 % change on previous year | +190.3% |
| 2010 | -12.12 % change on previous year | -141.7% |
| 2011 | -1.61 % change on previous year | -86.7% |
| 2012 | -0.7945 % change on previous year | -50.6% |
| 2013 | 3.88 % change on previous year | -588.0% |
| 2014 | -5.82 % change on previous year | -250.0% |
| 2015 | 6.11 % change on previous year | -205.0% |
| 2016 | 7.81 % change on previous year | +27.9% |
| 2017 | 4.05 % change on previous year | -48.2% |
| 2018 | 4.61 % change on previous year | +13.8% |
| 2019 | 14.56 % change on previous year | +216.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.98 % change on previous year | 7.26 % change on previous year | 62.97 % change on previous year | 9 |
| 1980s | 15.18 % change on previous year | -1.44 % change on previous year | 36.12 % change on previous year | 10 |
| 1990s | 14.23 % change on previous year | -1.27 % change on previous year | 35.35 % change on previous year | 10 |
| 2000s | 9.51 % change on previous year | 0.2385 % change on previous year | 29.07 % change on previous year | 10 |
| 2010s | 2.07 % change on previous year | -12.12 % change on previous year | 14.56 % change on previous year | 10 |
Countries ranked near Republic of Korea
- 47 Tanzania, United Republic of 15.35 % change on previous year compare
- 48 Hungary 14.92 % change on previous year compare
- 49 Republic of Moldova 14.73 % change on previous year compare
- 51 Cyprus 13.77 % change on previous year compare
- 52 Bangladesh 13.75 % change on previous year compare
- 53 Egypt 13.07 % change on previous year 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, current prices in Republic of Korea?
- Gross fixed capital formation, general government, current prices in Republic of Korea was 14.56 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Republic of Korea?
- The highest recorded value was 62.97 % change on previous year in 1975.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Republic of Korea?
- The lowest recorded value was -12.12 % change on previous year in 2010.
- How does Republic of Korea rank for gross fixed capital formation, general government, current prices?
- Republic of Korea ranks 50th out of 174 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Republic of Korea?
- Over the last ten years it is down 49.9%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, General government, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.