Net investment in nonfinancial assets (% of GDP) in South Korea
South Korea: Net investment in nonfinancial assets (% of GDP) was 1.3% in 2024. ▲ Rising
Net investment in nonfinancial assets in South Korea, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
South 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 South Korea peaked at 2.0% in 2004 and was at its lowest, 0.8%, in 1990.
That places South Korea 129th 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 (% of GDP) in South 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% |
South Korea compared with similar countries
- South Korea's 1.3% is below the median for high income countries, which is 2.1%, 62% of the median. (57 countries reporting)
- South Korea's 1.3% is below the median for East Asia & Pacific, which is 4.6%, 28% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net investment in nonfinancial assets (% of GDP) in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +82.8% | 0.9% | 1.6% |
| 2007 | +71.7% | 0.9% | 1.5% |
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 South Korea
- 126 South Africa 1.3% compare
- 127 Mauritius 1.3% compare
- 128 Costa Rica 1.3% compare
- 130 Russia 1.3% compare
- 131 San Marino 1.3% compare
- 132 Uruguay 1.2% compare
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 net investment in nonfinancial assets in South Korea?
- Net investment in nonfinancial assets in South 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 South Korea?
- The highest recorded value was 2.0% in 2004.
- What is the lowest net investment in nonfinancial assets recorded in South Korea?
- The lowest recorded value was 0.8% in 1990.
- How does South Korea rank for net investment in nonfinancial assets?
- South Korea ranks 129th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in South Korea?
- Over the last ten years it is down 18.3%. The long-run trend across the full record is rising.
- Where does this South 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.