Gross fixed capital formation, General government, Current prices in Republic of Korea
Republic of Korea: Gross fixed capital formation, General government, Current prices was 96,583 in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Republic of Korea, 1970–2019
Source: International Monetary Fund.
Analysis
Republic of Korea recorded 96,583 for gross fixed capital formation, general government, current prices in 2019. That is the highest value across all 50 years on record.
That represents a change of up 14.6% on the previous year and up 19.7% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Republic of Korea peaked at 96,583 in 2019 and was at its lowest, 208.2, in 1970.
That places Republic of Korea 5th out of 174 countries with data for 2019, putting it 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, Current prices in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 208.2 | — |
| 1971 | 236.56 | +13.6% |
| 1972 | 253.74 | +7.3% |
| 1973 | 287.94 | +13.5% |
| 1974 | 424.98 | +47.6% |
| 1975 | 692.6 | +63.0% |
| 1976 | 899.13 | +29.8% |
| 1977 | 1,217 | +35.4% |
| 1978 | 1,835 | +50.7% |
| 1979 | 2,330 | +27.0% |
| 1980 | 3,171 | +36.1% |
| 1981 | 3,958 | +24.8% |
| 1982 | 3,901 | -1.4% |
| 1983 | 4,642 | +19.0% |
| 1984 | 5,017 | +8.1% |
| 1985 | 6,023 | +20.1% |
| 1986 | 6,260 | +3.9% |
| 1987 | 7,008 | +11.9% |
| 1988 | 8,329 | +18.8% |
| 1989 | 9,196 | +10.4% |
| 1990 | 11,660 | +26.8% |
| 1991 | 15,782 | +35.4% |
| 1992 | 18,243 | +15.6% |
| 1993 | 20,065 | +10.0% |
| 1994 | 22,945 | +14.4% |
| 1995 | 26,114 | +13.8% |
| 1996 | 29,149 | +11.6% |
| 1997 | 33,224 | +14.0% |
| 1998 | 33,921 | +2.1% |
| 1999 | 33,490 | -1.3% |
| 2000 | 39,007 | +16.5% |
| 2001 | 41,832 | +7.2% |
| 2002 | 42,881 | +2.5% |
| 2003 | 50,075 | +16.8% |
| 2004 | 53,534 | +6.9% |
| 2005 | 53,955 | +0.8% |
| 2006 | 54,084 | +0.2% |
| 2007 | 56,826 | +5.1% |
| 2008 | 62,516 | +10.0% |
| 2009 | 80,689 | +29.1% |
| 2010 | 70,906 | -12.1% |
| 2011 | 69,766 | -1.6% |
| 2012 | 69,212 | -0.8% |
| 2013 | 71,895 | +3.9% |
| 2014 | 67,714 | -5.8% |
| 2015 | 71,849 | +6.1% |
| 2016 | 77,459 | +7.8% |
| 2017 | 80,594 | +4.0% |
| 2018 | 84,306 | +4.6% |
| 2019 | 96,583 | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 838.53 | 208.2 | 2,330 | 10 |
| 1980s | 5,751 | 3,171 | 9,196 | 10 |
| 1990s | 24,459 | 11,660 | 33,921 | 10 |
| 2000s | 53,540 | 39,007 | 80,689 | 10 |
| 2010s | 76,028 | 67,714 | 96,583 | 10 |
Countries ranked near Republic of Korea
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 96,583 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, current prices recorded in Republic of Korea?
- The highest recorded value was 96,583 in 2019.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Republic of Korea?
- The lowest recorded value was 208.2 in 1970.
- How does Republic of Korea rank for gross fixed capital formation, general government, current prices?
- Republic of Korea ranks 5th 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 up 19.7%. 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, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.