Net investment in nonfinancial assets in Republic of Korea
Republic of Korea: Net investment in nonfinancial assets was 33.54 trillion current LCU in 2024. ◆ Volatile
Net investment in nonfinancial assets in Republic of Korea, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net investment in nonfinancial assets in Republic of Korea is 33.54 trillion current LCU, measured in 2024. That is the highest value across all 53 years on record.
That represents a change of up 5.9% on the previous year and up 27.5% over ten years.
Over the whole period, net investment in nonfinancial assets in Republic of Korea peaked at 33.54 trillion current LCU in 2024 and was at its lowest, 63.00 billion current LCU, in 1973.
That places Republic of Korea 3rd out of 156 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net investment in nonfinancial assets in Republic of Korea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 82.00 billion current LCU | — |
| 1973 | 63.00 billion current LCU | -23.2% |
| 1974 | 76.00 billion current LCU | +20.6% |
| 1975 | 129.00 billion current LCU | +69.7% |
| 1976 | 173.00 billion current LCU | +34.1% |
| 1977 | 249.00 billion current LCU | +43.9% |
| 1978 | 336.00 billion current LCU | +34.9% |
| 1979 | 408.00 billion current LCU | +21.4% |
| 1980 | 504.00 billion current LCU | +23.5% |
| 1981 | 583.00 billion current LCU | +15.7% |
| 1982 | 890.00 billion current LCU | +52.7% |
| 1983 | 917.00 billion current LCU | +3.0% |
| 1984 | 1.01 trillion current LCU | +10.7% |
| 1985 | 908.00 billion current LCU | -10.5% |
| 1986 | 1.19 trillion current LCU | +31.2% |
| 1987 | 1.39 trillion current LCU | +17.0% |
| 1988 | 1.28 trillion current LCU | -8.0% |
| 1989 | 1.58 trillion current LCU | +23.3% |
| 1990 | 1.65 trillion current LCU | +4.6% |
| 1991 | 2.79 trillion current LCU | +68.6% |
| 1992 | 2.60 trillion current LCU | -6.9% |
| 1993 | 2.75 trillion current LCU | +5.7% |
| 1994 | 3.38 trillion current LCU | +23.1% |
| 1995 | 4.07 trillion current LCU | +20.3% |
| 1996 | 6.26 trillion current LCU | +54.0% |
| 1997 | 7.03 trillion current LCU | +12.3% |
| 1998 | 7.22 trillion current LCU | +2.7% |
| 1999 | 11.18 trillion current LCU | +54.8% |
| 2000 | 7.97 trillion current LCU | -28.7% |
| 2001 | 8.67 trillion current LCU | +8.8% |
| 2002 | 8.03 trillion current LCU | -7.4% |
| 2003 | 10.25 trillion current LCU | +27.7% |
| 2004 | 18.47 trillion current LCU | +80.2% |
| 2005 | 10.05 trillion current LCU | -45.6% |
| 2006 | 9.14 trillion current LCU | -9.0% |
| 2007 | 17.03 trillion current LCU | +86.2% |
| 2008 | 18.37 trillion current LCU | +7.9% |
| 2009 | 12.61 trillion current LCU | -31.3% |
| 2010 | 13.24 trillion current LCU | +5.0% |
| 2011 | 12.98 trillion current LCU | -2.0% |
| 2012 | 24.65 trillion current LCU | +89.9% |
| 2013 | 25.59 trillion current LCU | +3.8% |
| 2014 | 26.30 trillion current LCU | +2.8% |
| 2015 | 27.73 trillion current LCU | +5.4% |
| 2016 | 26.32 trillion current LCU | -5.1% |
| 2017 | 26.29 trillion current LCU | -0.1% |
| 2018 | 25.53 trillion current LCU | -2.9% |
| 2019 | 30.75 trillion current LCU | +20.4% |
| 2020 | 30.69 trillion current LCU | -0.2% |
| 2021 | 30.61 trillion current LCU | -0.3% |
| 2022 | 33.02 trillion current LCU | +7.9% |
| 2023 | 31.66 trillion current LCU | -4.1% |
| 2024 | 33.54 trillion current LCU | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 189.50 billion current LCU | 63.00 billion current LCU | 408.00 billion current LCU | 8 |
| 1980s | 1.03 trillion current LCU | 504.00 billion current LCU | 1.58 trillion current LCU | 10 |
| 1990s | 4.89 trillion current LCU | 1.65 trillion current LCU | 11.18 trillion current LCU | 10 |
| 2000s | 12.06 trillion current LCU | 7.97 trillion current LCU | 18.47 trillion current LCU | 10 |
| 2010s | 23.94 trillion current LCU | 12.98 trillion current LCU | 30.75 trillion current LCU | 10 |
| 2020s | 31.90 trillion current LCU | 30.61 trillion current LCU | 33.54 trillion current LCU | 5 |
Countries ranked near Republic of Korea
- 1 Iran, Islamic Republic of 217.17 trillion current LCU compare
- 2 Indonesia 75.74 trillion current LCU compare
- 4 Iraq 24.84 trillion current LCU compare
- 5 Uzbekistan 22.61 trillion current LCU compare
- 6 Colombia 14.34 trillion current LCU 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 net investment in nonfinancial assets in Republic of Korea?
- Net investment in nonfinancial assets in Republic of Korea was 33.54 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Republic of Korea?
- The highest recorded value was 33.54 trillion current LCU in 2024.
- What is the lowest net investment in nonfinancial assets recorded in Republic of Korea?
- The lowest recorded value was 63.00 billion current LCU in 1973.
- How does Republic of Korea rank for net investment in nonfinancial assets?
- Republic of Korea ranks 3rd out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Republic of Korea?
- Over the last ten years it is up 27.5%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.