Gross fixed capital formation, General government, Current prices in South Korea
South Korea: Gross fixed capital formation, General government, Current prices was 96,583 in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in South Korea, 1970–2019
Source: International Monetary Fund.
Analysis
South 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 South Korea peaked at 96,583 in 2019 and was at its lowest, 208.2, in 1970.
That places South 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 South 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% |
South Korea compared with similar countries
- South Korea's 96,583 is above the median for high income countries, which is 22.2, 4350.0× the median. (58 countries reporting)
- South Korea's 96,583 is above the median for East Asia & Pacific, which is 949.31, 101.7× the median. (20 countries reporting)
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 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)
- 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, current prices in South Korea?
- Gross fixed capital formation, general government, current prices in South 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 South Korea?
- The highest recorded value was 96,583 in 2019.
- What is the lowest gross fixed capital formation, general government, current prices recorded in South Korea?
- The lowest recorded value was 208.2 in 1970.
- How does South Korea rank for gross fixed capital formation, general government, current prices?
- South Korea ranks 5th out of 174 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in South Korea?
- Over the last ten years it is up 19.7%. 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, 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.