Net investment in nonfinancial assets in Korea
Korea: Net investment in nonfinancial assets was 1.3% in 2024. ▲ Rising
Net investment in nonfinancial assets in Korea, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Korea recorded 1.3% for net investment in nonfinancial assets in 2024.
Compared with earlier readings it is down 0.2% on the previous year and down 18.3% over ten years.
Over the whole period, net investment in nonfinancial assets in Korea peaked at 2.0% in 2004 and was at its lowest, 0.8%, in 1990.
That places Korea 130th out of 156 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 53 years of available data.
Net investment in nonfinancial assets in Korea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 1.9% | — |
| 1973 | 1.1% | -40.8% |
| 1974 | 0.9% | -15.9% |
| 1975 | 1.2% | +27.3% |
| 1976 | 1.2% | -2.3% |
| 1977 | 1.3% | +11.9% |
| 1978 | 1.3% | -0.2% |
| 1979 | 1.2% | -5.8% |
| 1980 | 1.2% | +0.7% |
| 1981 | 1.2% | -7.6% |
| 1982 | 1.5% | +32.2% |
| 1983 | 1.3% | -13.4% |
| 1984 | 1.3% | -4.3% |
| 1985 | 1.0% | -20.3% |
| 1986 | 1.1% | +12.0% |
| 1987 | 1.1% | -1.2% |
| 1988 | 0.9% | -23.3% |
| 1989 | 0.9% | +8.6% |
| 1990 | 0.8% | -13.6% |
| 1991 | 1.1% | +39.4% |
| 1992 | 0.9% | -18.7% |
| 1993 | 0.8% | -7.0% |
| 1994 | 0.9% | +4.1% |
| 1995 | 0.9% | +2.4% |
| 1996 | 1.2% | +37.2% |
| 1997 | 1.3% | +1.7% |
| 1998 | 1.3% | +3.4% |
| 1999 | 1.8% | +40.6% |
| 2000 | 1.2% | -35.3% |
| 2001 | 1.2% | +0.4% |
| 2002 | 1.0% | -16.6% |
| 2003 | 1.2% | +19.6% |
| 2004 | 2.0% | +65.9% |
| 2005 | 1.0% | -48.4% |
| 2006 | 0.9% | -13.4% |
| 2007 | 1.5% | +71.7% |
| 2008 | 1.5% | +1.7% |
| 2009 | 1.0% | -34.2% |
| 2010 | 1.0% | -4.5% |
| 2011 | 0.9% | -6.7% |
| 2012 | 1.6% | +82.8% |
| 2013 | 1.6% | -0.5% |
| 2014 | 1.6% | -1.5% |
| 2015 | 1.6% | -0.8% |
| 2016 | 1.4% | -9.9% |
| 2017 | 1.4% | -5.3% |
| 2018 | 1.3% | -6.4% |
| 2019 | 1.5% | +18.5% |
| 2020 | 1.5% | -1.0% |
| 2021 | 1.4% | -7.6% |
| 2022 | 1.4% | +3.1% |
| 2023 | 1.3% | -7.5% |
| 2024 | 1.3% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.3% | 0.9% | 1.9% | 8 |
| 1980s | 1.2% | 0.9% | 1.5% | 10 |
| 1990s | 1.1% | 0.8% | 1.8% | 10 |
| 2000s | 1.2% | 0.9% | 2.0% | 10 |
| 2010s | 1.4% | 0.9% | 1.6% | 10 |
| 2020s | 1.4% | 1.3% | 1.5% | 5 |
Countries ranked near Korea
- 127 South Africa 1.3% compare
- 128 Mauritius 1.3% compare
- 129 Costa Rica 1.3% compare
- 131 Russian Federation 1.3% compare
- 132 San Marino 1.3% compare
- 133 Uruguay 1.2% compare
More public sector data for 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 Korea?
- Net investment in nonfinancial assets in Korea was 1.3% 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 Korea?
- The highest recorded value was 2.0% in 2004.
- What is the lowest net investment in nonfinancial assets recorded in Korea?
- The lowest recorded value was 0.8% in 1990.
- How does Korea rank for net investment in nonfinancial assets?
- Korea ranks 130th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Korea?
- Over the last ten years it is down 18.3%. The long-run trend across the full record is rising.
- Where does this 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.